LNOIX Fees and Costs — Ladenburg Income & Growth Fund, Class I
Data updated: 2026-09-14
The net expense ratio is 1.12% (1.17% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 33%.
LNOIX Fees and Expenses
Annual operating expenses and sales charges of LNOIX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.40% |
| Gross expense ratio | 1.17% |
| Fee waiver | −0.05% |
| Net expense ratio | 1.12% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
LNOIX Costs Over Time
On $10,000 invested in LNOIX, assuming 5% a year before costs, total costs come to $699 over 5 years, cutting the return by 1.18% 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 1.12%) | $118 | $366 | $635 |
| Lost growth on money paid in costs | $0 | $18 | $64 |
| Total costs | $118 | $385 | $699 |
| Value after costs | $10,382 | $11,192 | $12,064 |
| Impact on return, per year | 1.18% | 1.18% | 1.18% |
LNOIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $31.1M
- Portfolio turnover (prospectus): 33%
- Securities lending: none during the year
LNOIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|
LNOIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Ladenburg Thalmann & Co. | $31.1M | 100.00% |
Ladenburg Income & Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| LNOIX | Class I | 1.12% | none |
| LNOAX | Class A | 1.27% | 5.00% |
| LNOCX | Class C | 2.02% | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.