RHJMX Fees and Costs — Rice Hall James Small Cap Portfolio, Institutional Class
Data updated: 2024-03-28
The net expense ratio is 1.00%: a 0.80% management fee plus 1.23% other expenses, less a 1.03% fee waiver. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $13K in broker commissions, 0.0951% of average net assets, and portfolio turnover was 39%.
RHJMX Fees and Expenses
Annual operating expenses and sales charges of RHJMX. Prospectus, as of February 28, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | — |
| Other expenses | 1.23% |
| Gross expense ratio | 2.03% |
| Fee waiver | −1.03% |
| Net expense ratio | 1.00% |
| 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 |
RHJMX Costs Over Time
On $10,000 invested in RHJMX, assuming 5% a year before costs, total costs come to $684 over 5 years, cutting the return by 1.15% 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 1.00%) | $105 | $327 | $567 |
| Trading costs (broker commissions) | $10 | $31 | $54 |
| Lost growth on money paid in costs | $0 | $18 | $63 |
| Total costs | $115 | $376 | $684 |
| Value after costs | $10,385 | $11,200 | $12,079 |
| Impact on return, per year | 1.15% | 1.15% | 1.15% |
RHJMX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0951%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 39%
- Securities lending: none during the year
RHJMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BLAIR, WILLIAM & CO. | $2K | 17.02% |
| SOCIETE GENERALE | $1K | 15.57% |
| VIRTU FINANCIAL | $1K | 15.43% |
| STIFEL NICOLAUS | $1K | 11.23% |
| COWEN | $731 | 7.67% |
| NEEDHAM AND CO. | $730 | 7.66% |
| CREDIT SUISSE FIRST BOSTON | $682 | 7.15% |
| JOHNSON RICE & CO | $627 | 6.58% |
| RAYMOND JAMES | $601 | 6.30% |
| JEFFERIES LLC | $513 | 5.39% |
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.