MSCFX Fees and Costs — Mairs & Power Small Cap Fund
Data updated: 2026-08-17
The net expense ratio is 0.97%: a 0.80% management fee plus 0.17% other expenses. This share class carries a redemption fee of 1.00%. In fiscal 2025 the fund paid $118K in broker commissions, 0.0464% of average net assets, and portfolio turnover was 19%.
MSCFX Fees and Expenses
Annual operating expenses and sales charges of MSCFX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | — |
| Other expenses | 0.17% |
| Gross expense ratio | 0.97% |
| Fee waiver | — |
| Net expense ratio | 0.97% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 1.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
MSCFX Costs Over Time
On $10,000 invested in MSCFX, assuming 5% a year before costs, total costs come to $636 over 5 years, cutting the return by 1.07% 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 0.97%) | $102 | $318 | $551 |
| Trading costs (broker commissions) | $5 | $15 | $26 |
| Lost growth on money paid in costs | $0 | $16 | $58 |
| Total costs | $107 | $349 | $636 |
| Value after costs | $10,393 | $11,227 | $12,127 |
| Impact on return, per year | 1.07% | 1.07% | 1.07% |
MSCFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0464%
- Total broker commissions: $118K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 19%
- Securities lending: none during the year
MSCFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| PIPER SANDLER & CO. | $118K | 100.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.