PMADX Fees and Costs — Aristotle Portfolio Optimization Growth Fund, Class I-2
Data updated: 2026-08-26
The net expense ratio is 0.89%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $17K in broker commissions, 0.0026% of average net assets, and portfolio turnover was 41%.
PMADX Fees and Expenses
Annual operating expenses and sales charges of PMADX. Prospectus, as of July 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 0.89% |
| Fee waiver | — |
| Net expense ratio | 0.89% |
| 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 | No |
| Waived fees subject to recoupment | Yes |
PMADX Costs Over Time
On $10,000 invested in PMADX, assuming 5% a year before costs, total costs come to $560 over 5 years, cutting the return by 0.94% 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 0.89%) | $93 | $292 | $507 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $14 | $51 |
| Total costs | $94 | $307 | $560 |
| Value after costs | $10,406 | $11,269 | $12,203 |
| Impact on return, per year | 0.94% | 0.94% | 0.94% |
PMADX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0026%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): $249.8M
- Portfolio turnover (prospectus): 41%
- Securities on loan, average value: $18.1M
- Net income from securities lending: —
PMADX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $17K | 100.00% |
PMADX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| PACIFIC PRIVATE FUND ADVISORS LLC | $249.8M | 100.00% |
Aristotle Portfolio Optimization Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PMADX | Class I-2 | 0.89% | none |
| PODAX | Class A | 1.14% | 5.50% |
| PODCX | Class C | 1.89% | 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.