PTCRX Fees and Costs — Performance Trust Multisector Bond Fund, Institutional Class
Data updated: 2026-07-29
The net expense ratio is 0.99%. There are no sales loads or redemption fees. Portfolio turnover was 22%.
PTCRX Fees and Expenses
Annual operating expenses and sales charges of PTCRX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | — |
| Fee waiver | — |
| Net expense ratio | 0.99% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
PTCRX Costs Over Time
On $10,000 invested in PTCRX, assuming 5% a year before costs, total costs come to $619 over 5 years, cutting the return by 1.04% 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 0.99%) | $104 | $324 | $563 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $104 | $340 | $619 |
| Value after costs | $10,396 | $11,236 | $12,143 |
| Impact on return, per year | 1.04% | 1.04% | 1.04% |
PTCRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $261.6M
- Portfolio turnover (prospectus): 22%
- Securities lending: none during the year
PTCRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| PERSHING LLC | $16.7M | 18.30% |
| BOFA SECURITIES INC. | $13.8M | 15.13% |
| J.P. MORGAN SECURITIES LLC | $12.7M | 13.97% |
| WELLS FARGO SECURITIES, LLC | $11.6M | 12.70% |
| GOLDMAN SACHS & CO. LLC | $9.5M | 10.49% |
| MARKETAXESS CORPORATION | $9.5M | 10.39% |
| BMO NESBITT BURNS SECURITIES LTD. | $5.7M | 6.30% |
| MORGAN STANLEY & CO. LLC | $4.6M | 5.09% |
| Stifel Nicolaus & Co. Inc. | $4.2M | 4.56% |
| BNP PARIBAS SECURITIES CORP. | $2.8M | 3.07% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.