PMCDX Fees and Costs — Aristotle Portfolio Optimization Moderate Conservative Fund, Class I-2
Data updated: 2026-08-26
The net expense ratio is 0.91%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $5K in broker commissions, 0.0028% of average net assets, and portfolio turnover was 56%.
PMCDX Fees and Expenses
Annual operating expenses and sales charges of PMCDX. Prospectus, as of July 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 0.91% |
| Fee waiver | — |
| Net expense ratio | 0.91% |
| 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 |
PMCDX Costs Over Time
On $10,000 invested in PMCDX, assuming 5% a year before costs, total costs come to $572 over 5 years, cutting the return by 0.96% 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 0.91%) | $96 | $298 | $518 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $96 | $314 | $572 |
| Value after costs | $10,404 | $11,262 | $12,191 |
| Impact on return, per year | 0.96% | 0.96% | 0.96% |
PMCDX 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): 0.0028%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $133.5M
- Portfolio turnover (prospectus): 56%
- Securities on loan, average value: $2.7M
- Net income from securities lending: —
PMCDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $5K | 100.00% |
PMCDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| PACIFIC PRIVATE FUND ADVISORS LLC | $133.5M | 100.00% |
Aristotle Portfolio Optimization Moderate Conservative Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PMCDX | Class I-2 | 0.91% | none |
| POBAX | Class A | 1.16% | 5.50% |
| POBCX | Class C | 1.91% | 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.