PTIAX Fees and Costs — Performance Trust Total Return Bond Fund, Institutional Class
Data updated: 2026-07-29
The net expense ratio is 0.75%: a 0.60% management fee plus 0.15% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $400 in broker commissions, and portfolio turnover was 29%.
PTIAX Fees and Expenses
Annual operating expenses and sales charges of PTIAX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| 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 | No |
| Waived fees subject to recoupment | No |
PTIAX Costs Over Time
On $10,000 invested in PTIAX, assuming 5% a year before costs, total costs come to $471 over 5 years, cutting the return by 0.79% 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 0.75%) | $79 | $246 | $428 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $79 | $259 | $471 |
| Value after costs | $10,421 | $11,318 | $12,291 |
| Impact on return, per year | 0.79% | 0.79% | 0.79% |
PTIAX 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: $400
- Bought from dealers (principal trades, not a cost): $12.6B
- Portfolio turnover (prospectus): 29%
- Securities lending: none during the year
PTIAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| TELSEY ADVISORY GROUP LLC | $400 | 100.00% |
PTIAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO SECURITIES, LLC | $881.1M | 20.51% |
| J.P. MORGAN SECURITIES LLC | $643.1M | 14.97% |
| BARCLAYS CAPITAL INC. | $557.3M | 12.97% |
| BOFA SECURITIES INC. | $484.9M | 11.29% |
| MORGAN STANLEY & CO. LLC | $420.2M | 9.78% |
| GOLDMAN SACHS & CO. LLC | $325.3M | 7.57% |
| DEUTSCHE BANK SECURITIES INC. | $298.5M | 6.95% |
| BMO NESBITT BURNS SECURITIES LTD. | $250.1M | 5.82% |
| SG AMERICAS SECURITIES LLC | $230.2M | 5.36% |
| CITIGROUP GLOBAL MARKETS INC. | $205.1M | 4.77% |
Performance Trust Total Return Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PTIAX | Institutional Class | 0.75% | none |
| PTAOX | Class A | 1.00% | 2.25% |
| PTCOX | Class C | 1.75% | 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.