GLRIX Fees and Costs — James Balanced: Golden Rainbow Fund, Institutional Class
Data updated: 2026-09-11
The net expense ratio is 0.98%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $16K in broker commissions, 0.0039% of average net assets, and portfolio turnover was 27%.
GLRIX Fees and Expenses
Annual operating expenses and sales charges of GLRIX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.74% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.23% |
| Gross expense ratio | — |
| Fee waiver | — |
| Net expense ratio | 0.98% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
GLRIX Costs Over Time
On $10,000 invested in GLRIX, assuming 5% a year before costs, total costs come to $616 over 5 years, cutting the return by 1.03% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.98%) | $103 | $321 | $557 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $103 | $338 | $616 |
| Value after costs | $10,397 | $11,238 | $12,147 |
| Impact on return, per year | 1.03% | 1.03% | 1.03% |
GLRIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0039%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): $65.7M
- Portfolio turnover (prospectus): 27%
- Securities lending: none during the year
GLRIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| PIPER SANDLER | $14K | 85.40% |
| JONES TRADING | $2K | 14.60% |
GLRIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| TRADEWEB DIRECT LLC | $45.0M | 68.54% |
| Cantor Fitzgerald | $14.1M | 21.39% |
| PIPER SANDLER & CO. | $6.6M | 10.07% |
James Balanced: Golden Rainbow Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| GLRIX | Institutional Class | 0.98% | — |
| GLRBX | Retail Class | 1.23% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.