PFIOX Fees and Costs — PFG Janus Henderson Balanced Strategy Fund, Class I
Data updated: 2026-09-28
The net expense ratio is 2.49%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $17K in broker commissions, 0.0060% of average net assets, and portfolio turnover was 23%.
PFIOX Fees and Expenses
Annual operating expenses and sales charges of PFIOX. 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 | 2.49% |
| Fee waiver | — |
| Net expense ratio | 2.49% |
| 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 |
PFIOX Costs Over Time
On $10,000 invested in PFIOX, assuming 5% a year before costs, total costs come to $1,515 over 5 years, cutting the return by 2.62% 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 2.49%) | $261 | $803 | $1,371 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $40 | $141 |
| Total costs | $262 | $845 | $1,515 |
| Value after costs | $10,238 | $10,731 | $11,248 |
| Impact on return, per year | 2.62% | 2.62% | 2.62% |
PFIOX 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): 0.0060%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 23%
- Securities lending: none during the year
PFIOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Ceros | $17K | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.