OVERX Fees and Costs — Sterling Capital Mid Value Fund, Class R
Data updated: 2025-05-29
The net expense ratio is 1.43%: a 0.60% management fee, a 0.50% 12b-1 fee plus 0.32% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $33K in broker commissions, 0.0694% of average net assets, and portfolio turnover was 39%.
OVERX Fees and Expenses
Annual operating expenses and sales charges of OVERX. Prospectus, as of January 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.32% |
| Gross expense ratio | 1.43% |
| Fee waiver | — |
| Net expense ratio | 1.43% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
OVERX Costs Over Time
On $10,000 invested in OVERX, assuming 5% a year before costs, total costs come to $929 over 5 years, cutting the return by 1.57% 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 1.43%) | $150 | $466 | $804 |
| Trading costs (broker commissions) | $7 | $23 | $39 |
| Lost growth on money paid in costs | $0 | $24 | $86 |
| Total costs | $157 | $513 | $929 |
| Value after costs | $10,343 | $11,063 | $11,834 |
| Impact on return, per year | 1.57% | 1.57% | 1.57% |
OVERX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0694%
- Total broker commissions: $33K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 39%
- Securities lending: none during the year
OVERX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| INSTINET, LLC | $14K | 53.37% |
| PIPER SANDLER & CO. | $2K | 7.41% |
| Raymond James & Associates, Inc. | $2K | 6.27% |
| SANFORD C. BERNSTEIN & CO., LLC | $2K | 5.96% |
| JONESTRADING INSTITUTIONAL SERVICES LLC | $2K | 5.74% |
| B. Riley Securities, Inc. | $1K | 5.05% |
| EVERCORE GROUP L.L.C. | $1K | 4.81% |
| MORGAN STANLEY & CO. LLC | $1K | 4.45% |
| Strategas Securities, LLC | $940 | 3.58% |
| BARCLAYS CAPITAL, INC. | $880 | 3.35% |
OVERX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|
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.