NSBDX Fees and Costs — North Star Bond Fund, Class I
Data updated: 2026-07-28
The net expense ratio is 1.57%: a 0.85% management fee plus 0.71% other expenses. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $2K in broker commissions, 0.0057% of average net assets, and portfolio turnover was 34%.
NSBDX Fees and Expenses
Annual operating expenses and sales charges of NSBDX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.71% |
| Gross expense ratio | 1.57% |
| Fee waiver | — |
| Net expense ratio | 1.57% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
NSBDX Costs Over Time
On $10,000 invested in NSBDX, assuming 5% a year before costs, total costs come to $974 over 5 years, cutting the return by 1.65% 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 1.57%) | $165 | $511 | $881 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $26 | $90 |
| Total costs | $165 | $539 | $974 |
| Value after costs | $10,335 | $11,038 | $11,788 |
| Impact on return, per year | 1.65% | 1.65% | 1.65% |
NSBDX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0057%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $95
- Portfolio turnover (prospectus): 34%
- Securities lending: none during the year
NSBDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| NewEdge | $2K | 100.00% |
NSBDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| NewEdge | $95 | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.