LCORX Fees and Costs — Leuthold Core Investment Fund, Retail Class
Data updated: 2026-08-26
The net expense ratio is 1.34%. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $448K in broker commissions, 0.0838% of average net assets, and portfolio turnover was 64%.
LCORX Fees and Expenses
Annual operating expenses and sales charges of LCORX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | — |
| Other expenses | 0.42% |
| Gross expense ratio | 1.34% |
| Fee waiver | — |
| Net expense ratio | 1.34% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
LCORX Costs Over Time
On $10,000 invested in LCORX, assuming 5% a year before costs, total costs come to $883 over 5 years, cutting the return by 1.49% 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 1.34%) | $141 | $437 | $755 |
| Trading costs (broker commissions) | $9 | $27 | $47 |
| Lost growth on money paid in costs | $0 | $23 | $81 |
| Total costs | $149 | $487 | $883 |
| Value after costs | $10,351 | $11,089 | $11,880 |
| Impact on return, per year | 1.49% | 1.49% | 1.49% |
LCORX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0838%
- Total broker commissions: $448K
- Bought from dealers (principal trades, not a cost): $74.9M
- Portfolio turnover (prospectus): 64%
- Securities lending: none during the year
LCORX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Cowen Execution Services LLC | $230K | 51.31% |
| Fidelity Brokerage Services LLC | $209K | 46.69% |
| Macquarie Capital (USA) Inc. | $9K | 2.00% |
LCORX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Raymond James & Associates Inc. | $74.9M | 100.00% |
Leuthold Core Investment Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LCRIX | Institutional Class | 1.24% | — |
| LCORX | Retail Class | 1.34% | — |
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.