MLPIX Fees and Costs — Mid-Cap Value ProFund, Investor Class
Data updated: 2026-10-13
The net expense ratio is 1.78%: a 0.75% management fee plus 1.40% other expenses, less a 0.37% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $15K in broker commissions, 0.5931% of average net assets, and portfolio turnover was 988%.
MLPIX Fees and Expenses
Annual operating expenses and sales charges of MLPIX. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.40% |
| Gross expense ratio | 2.15% |
| Fee waiver | −0.37% |
| Net expense ratio | 1.78% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
MLPIX Costs Over Time
On $10,000 invested in MLPIX, assuming 5% a year before costs, total costs come to $1,444 over 5 years, cutting the return by 2.49% 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 1.78%) | $187 | $575 | $983 |
| Trading costs (broker commissions) | $62 | $192 | $327 |
| Lost growth on money paid in costs | $0 | $38 | $134 |
| Total costs | $249 | $805 | $1,444 |
| Value after costs | $10,251 | $10,772 | $11,319 |
| Impact on return, per year | 2.49% | 2.49% | 2.49% |
MLPIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.5931%
- Total broker commissions: $15K
- Bought from dealers (principal trades, not a cost): $737K
- Portfolio turnover (prospectus): 988%
MLPIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Susquehanna Securities | $9K | 61.15% |
| BNP Paribas Securities Corp. | $6K | 38.85% |
MLPIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| SG Americas Securities, LLC | $184K | 24.97% |
| Natwest Markets Securities Inc. | $156K | 21.17% |
| HSBC Securities (USA) Inc. | $146K | 19.81% |
| UMB Financial Services, Inc. | $113K | 15.33% |
| RBC Capital Markets, LLC | $73K | 9.91% |
| Susquehanna Securities | $37K | 5.03% |
| CF SECURED HOLDINGS, LLC | $25K | 3.39% |
| BNP Paribas Securities Corp. | $3K | 0.38% |
Mid-Cap Value ProFund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MLPIX | Investor Class | 1.78% | — |
| MLPSX | Service Class | 2.78% | — |
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.