KCVVX Fees and Costs — Knights of Columbus Large Cap Value Fund, Investor Class
Data updated: 2026-09-29
The net expense ratio is 1.15%: a 0.60% management fee, a 0.25% 12b-1 fee plus 0.46% other expenses, less a 0.16% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $77K in broker commissions, 0.0295% of average net assets, and portfolio turnover was 53%.
KCVVX Fees and Expenses
Annual operating expenses and sales charges of KCVVX. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.46% |
| Gross expense ratio | 1.31% |
| Fee waiver | −0.16% |
| 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 |
KCVVX Costs Over Time
On $10,000 invested in KCVVX, assuming 5% a year before costs, total costs come to $735 over 5 years, cutting the return by 1.24% 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) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $19 | $68 |
| Total costs | $124 | $405 | $735 |
| Value after costs | $10,376 | $11,171 | $12,028 |
| Impact on return, per year | 1.24% | 1.24% | 1.24% |
KCVVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0295%
- Total broker commissions: $77K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 53%
- Securities lending: none during the year
KCVVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GUGGENHEIM SECURITIES, LLC | $13K | 17.13% |
| CITIGROUP | $12K | 15.11% |
| J P MORGAN CHASE BANK | $11K | 14.83% |
| CANTOR FITZGERALD | $10K | 12.88% |
| EXANE, INC. | $9K | 12.24% |
| KEEFE BRUYETTE AND WOODS INC. | $7K | 8.76% |
| LEERINK SWANN AND COMPANY | $4K | 5.72% |
| GOLDMAN, SACHS & CO. | $4K | 4.60% |
| JONES (OPTIONS) | $3K | 4.39% |
| CANACCORD CAPITAL CORPORATION/CDS | $3K | 4.32% |
Knights of Columbus Large Cap Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| KCVIX | Class I | 0.75% | — |
| KCVSX | S Class | 0.85% | — |
| KCVVX | 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.