PFADX Fees and Costs — PFG BNY Mellon Diversifier Strategy Fund, Class I
Data updated: 2026-09-28
The net expense ratio is 2.55%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1K in broker commissions, 0.0012% of average net assets, and portfolio turnover was 32%.
PFADX Fees and Expenses
Annual operating expenses and sales charges of PFADX. Prospectus, as of August 25, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.70% |
| Gross expense ratio | 2.55% |
| Fee waiver | — |
| Net expense ratio | 2.55% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
PFADX Costs Over Time
On $10,000 invested in PFADX, assuming 5% a year before costs, total costs come to $1,547 over 5 years, cutting the return by 2.68% 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 2.55%) | $268 | $822 | $1,402 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $41 | $144 |
| Total costs | $268 | $864 | $1,547 |
| Value after costs | $10,232 | $10,713 | $11,216 |
| Impact on return, per year | 2.68% | 2.68% | 2.68% |
PFADX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0012%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $74.1M
- Portfolio turnover (prospectus): 32%
- Securities lending: none during the year
PFADX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Ceros | $1K | 100.00% |
PFADX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Ceros | $74.1M | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.