NRGDX Fees and Costs — Integrity Energized Dividend Fund, Class A
Data updated: 2021-06-28
The net expense ratio is 1.05%: a 0.75% management fee, a 0.25% 12b-1 fee plus 1.84% other expenses, less a 1.79% fee waiver. This share class carries a maximum front-end sales load of 5.00% and a deferred sales charge of up to 1.00%. In fiscal 2020 the fund paid $7K in broker commissions, 0.1284% of average net assets, and portfolio turnover was 49%.
NRGDX Fees and Expenses
Annual operating expenses and sales charges of NRGDX. Prospectus, as of November 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 1.84% |
| Gross expense ratio | 2.84% |
| Fee waiver | −1.79% |
| Net expense ratio | 1.05% |
| Sales charges | |
|---|---|
| Max front load | 5.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
NRGDX Costs Over Time
On $10,000 invested in NRGDX, assuming 5% a year before costs, total costs come to $1,336 over 5 years, cutting the return by 2.30% 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 |
| Sales charges | $599 | $500 | $500 |
| Fund expenses (net expense ratio 1.05%) | $105 | $326 | $565 |
| Trading costs (broker commissions) | $13 | $40 | $69 |
| Lost growth on money paid in costs | $25 | $97 | $202 |
| Total costs | $741 | $963 | $1,336 |
| Value after costs | $9,759 | $10,613 | $11,427 |
| Impact on return, per year | 7.41% | 3.00% | 2.30% |
NRGDX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.1284%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 49%
- Securities lending: none during the year
NRGDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets | $7K | 96.59% |
| Wall Street Access | $240 | 3.41% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.