GOODX Fees and Costs — GoodHaven Fund
Data updated: 2026-07-27
The net expense ratio is 1.10%: a 0.90% management fee plus 0.20% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $19K in broker commissions, 0.0072% of average net assets, and portfolio turnover was 9%.
GOODX Fees and Expenses
Annual operating expenses and sales charges of GOODX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.20% |
| Gross expense ratio | 1.10% |
| Fee waiver | — |
| Net expense ratio | 1.10% |
| 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 |
GOODX Costs Over Time
On $10,000 invested in GOODX, assuming 5% a year before costs, total costs come to $691 over 5 years, cutting the return by 1.16% 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 1.10%) | $116 | $360 | $624 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $18 | $63 |
| Total costs | $116 | $380 | $691 |
| Value after costs | $10,384 | $11,196 | $12,072 |
| Impact on return, per year | 1.16% | 1.16% | 1.16% |
GOODX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0072%
- Total broker commissions: $19K
- Bought from dealers (principal trades, not a cost): $154.4M
- Portfolio turnover (prospectus): 9%
- Securities lending: none during the year
GOODX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| NATIONAL FINANCIAL SERVICES LLC | $5K | 24.63% |
| CANTOR FITZGERALD & CO. | $5K | 24.34% |
| J.P. MORGAN SECURITIES LLC | $3K | 15.20% |
| DESJARDINS SECURITIES INTERNATIONAL INC | $2K | 9.70% |
| IMPERIAL CAPITAL, LLC | $2K | 8.43% |
| PERSHING LLC | $1K | 6.17% |
| ROBOTTI SECURITIES, LLC | $1K | 6.02% |
| MONNESS CRESPI HARDT & CO., INC. | $1K | 5.51% |
GOODX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| NATIONAL FINANCIAL SERVICES LLC | $154.3M | 99.94% |
| JEFFERIES LLC | $100K | 0.06% |
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.