PORTX Fees and Costs — Trillium ESG Global Equity Fund, Investor Shares
Data updated: 2026-08-27
The net expense ratio is 1.24%: a 0.85% management fee, a 0.25% 12b-1 fee plus 0.16% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $235K in broker commissions, 0.0279% of average net assets, and portfolio turnover was 22%.
PORTX Fees and Expenses
Annual operating expenses and sales charges of PORTX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.16% |
| Gross expense ratio | 1.26% |
| Fee waiver | −0.02% |
| Net expense ratio | 1.24% |
| 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 | Yes |
| Waived fees subject to recoupment | Yes |
PORTX Costs Over Time
On $10,000 invested in PORTX, assuming 5% a year before costs, total costs come to $789 over 5 years, cutting the return by 1.33% 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 1.24%) | $130 | $405 | $701 |
| Trading costs (broker commissions) | $3 | $9 | $16 |
| Lost growth on money paid in costs | $0 | $21 | $73 |
| Total costs | $133 | $435 | $789 |
| Value after costs | $10,367 | $11,141 | $11,974 |
| Impact on return, per year | 1.33% | 1.33% | 1.33% |
PORTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0279%
- Total broker commissions: $235K
- Bought from dealers (principal trades, not a cost): $384.0M
- Portfolio turnover (prospectus): 22%
- Securities lending: none during the year
PORTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BERNSTEIN INSTITUTIONAL SERVICES LLC | $163K | 69.32% |
| PIPER SANDLER & CO. | $31K | 13.08% |
| J.P. MORGAN INVESTMENT MANAGEMENT INC. | $23K | 9.71% |
| BNP PARIBAS SECURITIES CORP. | $12K | 5.30% |
| Evercore Inc. | $6K | 2.59% |
PORTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| The Northern Trust Company | $384.0M | 100.00% |
Trillium ESG Global Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PORIX | Institutional Shares | 0.99% | none |
| PORTX | Investor Shares | 1.24% | 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.