KIFCX Fees and Costs — Westwood Real Estate Income Fund, C Class
Data updated: 2026-09-28
The net expense ratio is 1.97%. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $185K in broker commissions, 0.0709% of average net assets, and portfolio turnover was 67%.
KIFCX Fees and Expenses
Annual operating expenses and sales charges of KIFCX. Prospectus, as of March 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.75% |
| Other expenses | 0.16% |
| Gross expense ratio | 1.86% |
| Fee waiver | −0.11% |
| Net expense ratio | 1.97% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
KIFCX Costs Over Time
On $10,000 invested in KIFCX, assuming 5% a year before costs, total costs come to $1,250 over 5 years, cutting the return by 2.14% 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 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.97%) | $207 | $638 | $1,095 |
| Trading costs (broker commissions) | $7 | $23 | $39 |
| Lost growth on money paid in costs | $0 | $33 | $116 |
| Total costs | $317 | $694 | $1,250 |
| Value after costs | $10,183 | $10,882 | $11,513 |
| Impact on return, per year | 3.17% | 2.14% | 2.14% |
KIFCX 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): 0.0709%
- Total broker commissions: $185K
- Bought from dealers (principal trades, not a cost): $2.0M
- Portfolio turnover (prospectus): 67%
- Securities lending: none during the year
KIFCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Northern Trust Securities, Inc. | $185K | 100.00% |
KIFCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Raymond James & Associates, Inc | $2.0M | 100.00% |
Westwood Real Estate Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| KIFYX | Institutional Class | 0.85% | none |
| KIFAX | A Class | 1.14% | 3.00% |
| KIFCX | C Class | 1.97% | 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.