PFTEX Fees and Costs — PFG Meeder Tactical Strategy Fund, Class I
Data updated: 2026-09-28
The net expense ratio is 3.06%. There are no sales loads or redemption fees. Portfolio turnover was 16%.
PFTEX Fees and Expenses
Annual operating expenses and sales charges of PFTEX. 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 | 3.06% |
| Fee waiver | — |
| Net expense ratio | 3.06% |
| 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 |
PFTEX Costs Over Time
On $10,000 invested in PFTEX, assuming 5% a year before costs, total costs come to $1,837 over 5 years, cutting the return by 3.21% 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 3.06%) | $321 | $981 | $1,665 |
| Lost growth on money paid in costs | $0 | $49 | $172 |
| Total costs | $321 | $1,031 | $1,837 |
| Value after costs | $10,179 | $10,546 | $10,926 |
| Impact on return, per year | 3.21% | 3.21% | 3.21% |
PFTEX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $41.6M
- Portfolio turnover (prospectus): 16%
- Securities lending: none during the year
PFTEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Ceros | $41.6M | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.