PGISX Fees and Costs — Pacific Advisors Small Cap Value Fund, Class I
Data updated: 2020-06-01
The net expense ratio is 4.41%: a 0.75% management fee plus 3.66% other expenses. This share class carries a redemption fee of 2.00%. In fiscal 2019 the fund paid $18K in broker commissions, 0.1266% of average net assets, and portfolio turnover was 8%.
PGISX Fees and Expenses
Annual operating expenses and sales charges of PGISX. Prospectus, as of December 31, 2018.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 3.66% |
| Gross expense ratio | 4.41% |
| Fee waiver | — |
| Net expense ratio | 4.41% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
PGISX Costs Over Time
On $10,000 invested in PGISX, assuming 5% a year before costs, total costs come to $2,644 over 5 years, cutting the return by 4.76% 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 4.41%) | $463 | $1,392 | $2,326 |
| Trading costs (broker commissions) | $13 | $40 | $67 |
| Lost growth on money paid in costs | $0 | $73 | $251 |
| Total costs | $476 | $1,505 | $2,644 |
| Value after costs | $10,024 | $10,071 | $10,119 |
| Impact on return, per year | 4.76% | 4.76% | 4.76% |
PGISX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.1266%
- Total broker commissions: $18K
- Bought from dealers (principal trades, not a cost): $1.5M
- Portfolio turnover (prospectus): 8%
- Securities lending: none during the year
PGISX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| WEDBUSH SECURITIES | $13K | 72.85% |
| JOHNSON RICE & CO | $2K | 11.97% |
| JP MORGAN SECURITIES | $1K | 7.26% |
| GABELLI & COMPANY | $760 | 4.18% |
| STEPHENS INC. | $680 | 3.74% |
PGISX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UNITED MISSOURI BANK | $1.5M | 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.