HHDVX Fees and Costs — Hamlin High Dividend Equity Fund, Investor Class
Data updated: 2026-08-28
The net expense ratio is 1.15%: a 0.85% management fee, a 0.25% 12b-1 fee plus 0.15% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $329K in broker commissions, 0.0214% of average net assets, and portfolio turnover was 23%.
HHDVX Fees and Expenses
Annual operating expenses and sales charges of HHDVX. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.15% |
| Gross expense ratio | 1.25% |
| Fee waiver | −0.10% |
| Net expense ratio | 1.15% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
HHDVX Costs Over Time
On $10,000 invested in HHDVX, assuming 5% a year before costs, total costs come to $730 over 5 years, cutting the return by 1.23% 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 1.15%) | $121 | $376 | $651 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $19 | $67 |
| Total costs | $123 | $402 | $730 |
| Value after costs | $10,377 | $11,174 | $12,033 |
| Impact on return, per year | 1.23% | 1.23% | 1.23% |
HHDVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0214%
- Total broker commissions: $329K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 23%
- Securities lending: none during the year
HHDVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BARCLAY BANK PLC | $92K | 28.00% |
| J P MORGAN CHASE BANK | $74K | 22.50% |
| GOLDMAN, SACHS & CO. | $62K | 18.75% |
| RAYMOND JAMES & ASSOCIATES, INC. | $41K | 12.60% |
| SOCIETE GENERALE | $34K | 10.32% |
| ISI GROUP, INC. | $22K | 6.66% |
| STIFEL NICOLAUS & CO., INC. | $3K | 0.96% |
| RBC DAIN RAUSCHER INC. | $692 | 0.21% |
Hamlin High Dividend Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| HHDFX | Institutional Class | 0.85% | — |
| HHDVX | Investor Class | 1.15% | — |
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.