HTDRX Fees and Costs — Tactical Dividend and Momentum Fund, Class R
Data updated: 2026-10-14
The net expense ratio is 2.02%. There are no sales loads or redemption fees. Portfolio turnover was 3%.
HTDRX Fees and Expenses
Annual operating expenses and sales charges of HTDRX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.40% |
| Other expenses | 0.53% |
| Gross expense ratio | 2.02% |
| Fee waiver | — |
| Net expense ratio | 2.02% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
HTDRX Costs Over Time
On $10,000 invested in HTDRX, assuming 5% a year before costs, total costs come to $1,238 over 5 years, cutting the return by 2.12% 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 2.02%) | $212 | $655 | $1,123 |
| Lost growth on money paid in costs | $0 | $33 | $115 |
| Total costs | $212 | $687 | $1,238 |
| Value after costs | $10,288 | $10,889 | $11,525 |
| Impact on return, per year | 2.12% | 2.12% | 2.12% |
HTDRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $124.1M
- Portfolio turnover (prospectus): 3%
HTDRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| VIRTU FINANCIAL | $124.1M | 100.00% |
Tactical Dividend and Momentum Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| HTDIX | Class I | 1.62% | none |
| HTDAX | Class A | 1.87% | 5.75% |
| HTDRX | Class R | 2.02% | none |
| HTDCX | Class C | 2.62% | none |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.