PGBFX Fees and Costs — Blue Chip Fund, Class R-4
Data updated: 2026-07-24
The net expense ratio is 0.95%: a 0.59% management fee, a 0.10% 12b-1 fee plus 0.29% other expenses, less a 0.03% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1.3M in broker commissions, 0.0112% of average net assets, and portfolio turnover was 21%.
PGBFX Fees and Expenses
Annual operating expenses and sales charges of PGBFX. Prospectus, as of December 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.59% |
| 12b-1 fee | 0.10% |
| Other expenses | 0.29% |
| Gross expense ratio | 0.98% |
| Fee waiver | −0.03% |
| Net expense ratio | 0.95% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
PGBFX Costs Over Time
On $10,000 invested in PGBFX, assuming 5% a year before costs, total costs come to $602 over 5 years, cutting the return by 1.01% 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 0.95%) | $100 | $311 | $540 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $331 | $602 |
| Value after costs | $10,399 | $11,246 | $12,161 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
PGBFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0112%
- Total broker commissions: $1.3M
- Bought from dealers (principal trades, not a cost): $33.5M
- Portfolio turnover (prospectus): 21%
- Securities on loan, average value: $7.2M
- Net income from securities lending: $13K (0.000% of average net assets)
PGBFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL INC. | $169K | 19.02% |
| CANACCORD ADAMS INC. | $136K | 15.34% |
| STATE STREET FINANCIAL GLOBAL MARKETS | $113K | 12.77% |
| STIFEL NICOLAUS & COMPANY | $81K | 9.14% |
| VIRTU FINANCIAL LLC | $74K | 8.35% |
| PIPER SANDLER COS | $70K | 7.84% |
| RBC DOMINION SECURITIES CORP. | $68K | 7.70% |
| SANFORD C. BERNSTEIN & CO. | $60K | 6.79% |
| UBS SECURITIES LLC | $58K | 6.54% |
| STEPHENS INC. | $58K | 6.51% |
PGBFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC. | $33.5M | 100.00% |
Blue Chip Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PGBHX | Class R-6 | 0.57% | none |
| PBCKX | Institutional Class | 0.66% | none |
| PBCJX | Class J | 0.75% | none |
| PGBGX | Class R-5 | 0.82% | none |
| PBLAX | Class A | 0.92% | 5.50% |
| PGBFX | Class R-4 | 0.95% | none |
| PGBEX | Class R-3 | 1.13% | none |
| PBLCX | Class C | 1.67% | none |
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.