MFHRX Fees and Costs — Monteagle Fixed Income Fund, Institutional Class
Data updated: 2020-07-31
The net expense ratio is 1.06%: a 0.96% management fee plus 0.09% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 13%.
MFHRX Fees and Expenses
Annual operating expenses and sales charges of MFHRX. Prospectus, as of December 31, 2015.
| Annual operating expenses | |
|---|---|
| Management fee | 0.96% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.09% |
| Gross expense ratio | 1.06% |
| Fee waiver | — |
| Net expense ratio | 1.06% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
MFHRX Costs Over Time
On $10,000 invested in MFHRX, assuming 5% a year before costs, total costs come to $662 over 5 years, cutting the return by 1.11% 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 1.06%) | $111 | $347 | $601 |
| Lost growth on money paid in costs | $0 | $17 | $61 |
| Total costs | $111 | $364 | $662 |
| Value after costs | $10,389 | $11,212 | $12,101 |
| Impact on return, per year | 1.11% | 1.11% | 1.11% |
MFHRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 13%
- Securities lending: none during the year
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.