PROVX Fees and Costs — Provident Trust Strategy Fund
Data updated: 2026-08-13
The net expense ratio is 0.95%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $18K in broker commissions, 0.0089% of average net assets, and portfolio turnover was 9%.
PROVX Fees and Expenses
Annual operating expenses and sales charges of PROVX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.64% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.29% |
| Gross expense ratio | 0.95% |
| Fee waiver | — |
| Net expense ratio | 0.95% |
| 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 |
PROVX Costs Over Time
On $10,000 invested in PROVX, assuming 5% a year before costs, total costs come to $600 over 5 years, cutting the return by 1.01% 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 0.95%) | $100 | $311 | $540 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $330 | $600 |
| Value after costs | $10,399 | $11,246 | $12,163 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
PROVX 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): 0.0089%
- Total broker commissions: $18K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 9%
- Securities lending: none during the year
PROVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| HILLTOP SECURITIES INC. | $6K | 37.19% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $3K | 18.28% |
| SANFORD C. BERNSTEIN & CO. LLC | $3K | 14.70% |
| BOFA SECURITIES INC. | $2K | 9.03% |
| J.P. MORGAN SECURITIES LLC | $891 | 5.13% |
| RAYMOND JAMES & ASSOCIATES INC. | $694 | 4.00% |
| WILLIAM BLAIR & COMPANY L.L.C. | $616 | 3.55% |
| BARCLAYS CAPITAL INC. | $612 | 3.53% |
| WELLS FARGO SECURITIES LLC | $440 | 2.54% |
| ROBERT W. BAIRD & CO. INCORPORATED | $356 | 2.05% |
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.