OSTVX Fees and Costs — Osterweis Growth & Income Fund, Investor Class
Data updated: 2026-08-21
The net expense ratio is 0.98%: a 0.75% management fee plus 0.22% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $26K in broker commissions, 0.0142% of average net assets, and portfolio turnover was 46%.
OSTVX Fees and Expenses
Annual operating expenses and sales charges of OSTVX. Prospectus, as of June 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.22% |
| Gross expense ratio | 0.98% |
| Fee waiver | — |
| Net expense ratio | 0.98% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
OSTVX Costs Over Time
On $10,000 invested in OSTVX, assuming 5% a year before costs, total costs come to $622 over 5 years, cutting the return by 1.04% 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 0.98%) | $103 | $321 | $557 |
| Trading costs (broker commissions) | $1 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $104 | $342 | $622 |
| Value after costs | $10,396 | $11,234 | $12,141 |
| Impact on return, per year | 1.04% | 1.04% | 1.04% |
OSTVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0142%
- Total broker commissions: $26K
- Bought from dealers (principal trades, not a cost): $94.2M
- Portfolio turnover (prospectus): 46%
- Securities lending: none during the year
OSTVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| PERSHING LLC | $5K | 21.92% |
| INSTINET, LLC | $4K | 19.34% |
| BNY MELLON CAPITAL MARKETS, LLC | $3K | 13.91% |
| BARCLAYS CAPITAL INC. | $2K | 8.30% |
| J.P. MORGAN SECURITIES LLC | $2K | 8.29% |
| GOLDMAN SACHS & CO. LLC | $2K | 7.44% |
| UBS FINANCIAL SERVICES INC. | $1K | 6.12% |
| BMO CAPITAL MARKETS CORP. | $1K | 5.57% |
| STIFEL, NICOLAUS & COMPANY, INCORPORATED | $1K | 4.65% |
| JEFFERIES LLC | $1K | 4.45% |
OSTVX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS INC. | $15.2M | 22.91% |
| BOFAML SECURITIES, INC. | $10.0M | 15.06% |
| PERSHING LLC | $8.2M | 12.42% |
| SUNTRUST ROBINSON HUMPHREY, INC. | $6.7M | 10.15% |
| J.P. MORGAN SECURITIES LLC | $6.2M | 9.34% |
| RBC CAPITAL MARKETS, LLC | $5.8M | 8.80% |
| R. SEELAUS & CO.,INC. | $5.0M | 7.50% |
| BARCLAYS CAPITAL INC. | $3.8M | 5.66% |
| WELLS FARGO SECURITIES, LLC | $2.8M | 4.23% |
| JEFFERIES LLC | $2.6M | 3.94% |
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.