NVXAX Fees and Costs — Navigator Sentry Managed Volatility Fund, Class A
Data updated: 2021-06-21
The net expense ratio is 1.75% (3.65% before fee waivers). This share class carries a maximum front-end sales load of 3.75%. In fiscal 2020 the fund paid $473K in broker commissions, 5.8752% of average net assets, and portfolio turnover was 0%.
NVXAX Fees and Expenses
Annual operating expenses and sales charges of NVXAX. Prospectus, as of February 28, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.25% |
| Other expenses | 2.30% |
| Gross expense ratio | 3.65% |
| Fee waiver | −1.90% |
| Net expense ratio | 1.75% |
| Sales charges | |
|---|---|
| Max front load | 3.75% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
NVXAX Costs Over Time
On $10,000 invested in NVXAX, assuming 5% a year before costs, total costs come to $4,500 over 5 years, cutting the return by 8.75% 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 | $375 | $375 | $375 |
| Fund expenses (net expense ratio 1.75%) | $177 | $515 | $833 |
| Trading costs (broker commissions) | $594 | $1,728 | $2,796 |
| Lost growth on money paid in costs | $19 | $175 | $497 |
| Total costs | $1,164 | $2,794 | $4,500 |
| Value after costs | $9,336 | $8,783 | $8,263 |
| Impact on return, per year | 11.64% | 9.23% | 8.75% |
NVXAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 5.8752%
- Total broker commissions: $473K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
NVXAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| PERSHING LLC | $473K | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.