RBDGX Fees and Costs — Raub Brock Dividend Growth Fund, Institutional Class Shares
Data updated: 2021-05-11
The net expense ratio is 0.95%: a 0.70% management fee plus 0.82% other expenses, less a 0.57% fee waiver. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $220 in broker commissions, 0.0767% of average net assets.
RBDGX Fees and Expenses
Annual operating expenses and sales charges of RBDGX. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.82% |
| Gross expense ratio | 1.52% |
| Fee waiver | −0.57% |
| Net expense ratio | 0.95% |
| Sales charges | |
|---|---|
| Max front load | — |
| 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 |
RBDGX Costs Over Time
On $10,000 invested in RBDGX, assuming 5% a year before costs, total costs come to $642 over 5 years, cutting the return by 1.08% 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 | $539 |
| Trading costs (broker commissions) | $8 | $25 | $44 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $108 | $353 | $642 |
| Value after costs | $10,392 | $11,223 | $12,121 |
| Impact on return, per year | 1.08% | 1.08% | 1.08% |
RBDGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0767%
- Total broker commissions: $220
- Bought from dealers (principal trades, not a cost): $424K
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
RBDGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CHARLES SCHWAB AND CO., INC. | $220 | 100.00% |
RBDGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CHARLES SCHWAB AND CO., INC. | $424K | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.