POSKX Fees and Costs — PRIMECAP Odyssey Stock Fund
Data updated: 2026-09-29
The net expense ratio is 0.67%: a 0.55% management fee plus 0.12% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1.2M in broker commissions, 0.0261% of average net assets, and portfolio turnover was 9%.
POSKX Fees and Expenses
Annual operating expenses and sales charges of POSKX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | — |
| Other expenses | 0.12% |
| Gross expense ratio | 0.67% |
| Fee waiver | — |
| Net expense ratio | 0.67% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
POSKX Costs Over Time
On $10,000 invested in POSKX, assuming 5% a year before costs, total costs come to $438 over 5 years, cutting the return by 0.73% 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 0.67%) | $70 | $220 | $383 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $73 | $240 | $438 |
| Value after costs | $10,427 | $11,336 | $12,325 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
POSKX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0261%
- Total broker commissions: $1.2M
- Bought from dealers (principal trades, not a cost): $12.6M
- Portfolio turnover (prospectus): 9%
- Securities lending: none during the year
POSKX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $202K | 20.35% |
| J.P. MORGAN SECURITIES LLC | $183K | 18.39% |
| MORGAN STANLEY & CO. LLC | $126K | 12.69% |
| BARCLAYS CAPITAL INC. | $114K | 11.49% |
| CITIGROUP GLOBAL MARKETS INC. | $85K | 8.57% |
| PERSHING LLC | $78K | 7.89% |
| BNY MELLON CAPITAL MARKETS, LLC | $68K | 6.88% |
| JEFFERIES LLC | $49K | 4.96% |
| GOLDMAN SACHS & CO. LLC | $49K | 4.90% |
| EVERCORE GROUP L.L.C. | $39K | 3.88% |
POSKX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $12.6M | 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.