NRIGX Fees and Costs — Integrity Energized Dividend Fund, Class I
Data updated: 2021-06-28
The net expense ratio is 0.80%: a 0.75% management fee plus 1.86% other expenses, less a 1.81% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $7K in broker commissions, 0.1284% of average net assets, and portfolio turnover was 49%.
NRIGX Fees and Expenses
Annual operating expenses and sales charges of NRIGX. Prospectus, as of November 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.86% |
| Gross expense ratio | 2.61% |
| Fee waiver | −1.81% |
| Net expense ratio | 0.80% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
NRIGX Costs Over Time
On $10,000 invested in NRIGX, assuming 5% a year before costs, total costs come to $582 over 5 years, cutting the return by 0.97% 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 0.80%) | $84 | $262 | $455 |
| Trading costs (broker commissions) | $13 | $42 | $73 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $97 | $319 | $582 |
| Value after costs | $10,403 | $11,257 | $12,181 |
| Impact on return, per year | 0.97% | 0.97% | 0.97% |
NRIGX 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
NRIGX 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.