KNGAX Fees and Costs — Vest S&P 500 Dividend Aristocrats Target Income Fund, Class A
Data updated: 2026-09-23
The net expense ratio is 1.20% (1.82% before fee waivers). This share class carries a maximum front-end sales load of 5.75% and a redemption fee of 2.00%. In fiscal 2025 the fund paid $168K in broker commissions, 0.3130% of average net assets, and portfolio turnover was 423%.
KNGAX Fees and Expenses
Annual operating expenses and sales charges of KNGAX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.71% |
| Gross expense ratio | 1.82% |
| Fee waiver | −0.62% |
| Net expense ratio | 1.20% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| Max deferred load | 0.00% |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
KNGAX Costs Over Time
On $10,000 invested in KNGAX, assuming 5% a year before costs, total costs come to $1,617 over 5 years, cutting the return by 2.81% 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 | $575 | $575 | $575 |
| Fund expenses (net expense ratio 1.20%) | $119 | $369 | $636 |
| Trading costs (broker commissions) | $31 | $96 | $166 |
| Lost growth on money paid in costs | $29 | $114 | $240 |
| Total costs | $753 | $1,153 | $1,617 |
| Value after costs | $9,747 | $10,423 | $11,146 |
| Impact on return, per year | 7.53% | 3.61% | 2.81% |
KNGAX 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): 0.3130%
- Total broker commissions: $168K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 423%
- Securities lending: none during the year
KNGAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JANE STREET EXECUTION SERVICES, LLC. | $161K | 95.56% |
| SG AMERICAS SECURITIES, LLC | $5K | 3.21% |
| SUSQUEHANNA SECURITIES, LLC | $2K | 1.23% |
Vest S&P 500 Dividend Aristocrats Target 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 |
|---|---|---|---|
| KNGRX | Class R | 0.49% | none |
| KNGYX | Class Y | 0.70% | none |
| KNGIX | Institutional Class Shares | 0.95% | none |
| KNGAX | Class A | 1.20% | 5.75% |
| KNGLX | Investor Class Shares | 1.20% | none |
| KNGCX | Class C | 1.95% | 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.