HCESX Fees and Costs — The ESG Growth Portfolio
Data updated: 2026-09-10
The net expense ratio is 0.24%: a 0.11% management fee plus 0.13% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1K in broker commissions, 0.0011% of average net assets, and portfolio turnover was 4%.
HCESX Fees and Expenses
Annual operating expenses and sales charges of HCESX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.11% |
| 12b-1 fee | — |
| Other expenses | 0.13% |
| Gross expense ratio | 0.24% |
| Fee waiver | — |
| Net expense ratio | 0.24% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
HCESX Costs Over Time
On $10,000 invested in HCESX, assuming 5% a year before costs, total costs come to $153 over 5 years, cutting the return by 0.25% 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 0.24%) | $25 | $79 | $139 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $4 | $14 |
| Total costs | $25 | $84 | $153 |
| Value after costs | $10,475 | $11,493 | $12,610 |
| Impact on return, per year | 0.25% | 0.25% | 0.25% |
HCESX 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): 0.0011%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $18.9M
- Portfolio turnover (prospectus): 4%
- Securities on loan, average value: $70K
- Net income from securities lending: $1K (0.001% of average net assets)
HCESX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $656 | 52.79% |
| J.P. Morgan Securities LLC | $171 | 13.74% |
| Citigroup Global Markets Inc. | $120 | 9.68% |
| BofA Securities, Inc. | $108 | 8.73% |
| Credit Agricole Securities (USA) Inc. | $50 | 4.01% |
| Morgan Stanley & Co. LLC | $50 | 4.01% |
| UBS Securities LLC | $29 | 2.35% |
| Macquarie Capital (USA) Inc. | $27 | 2.21% |
| Canaccord Genuity LLC | $18 | 1.48% |
| Daiwa Capital Markets America Inc. | $12 | 0.98% |
HCESX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $9.6M | 50.76% |
| Citigroup Global Markets Inc. | $5.4M | 28.78% |
| UBS Securities LLC | $1.5M | 7.78% |
| BofA Securities, Inc. | $1.5M | 7.77% |
| Morgan Stanley & Co. LLC | $321K | 1.70% |
| J.P. Morgan Securities LLC | $290K | 1.53% |
| Goldman Sachs & Co. LLC | $200K | 1.06% |
| Barclays Capital Inc. | $104K | 0.55% |
| RBC Capital Markets, LLC | $13K | 0.07% |
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.