RKCAX Fees and Costs — Rockefeller Climate Solutions Fund, Class A
Data updated: 2026-10-15
The net expense ratio is 1.24%: a 0.85% management fee, a 0.25% 12b-1 fee plus 0.48% other expenses, less a 0.34% fee waiver. This share class carries a maximum front-end sales load of 5.25% and a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $17K in broker commissions, 0.0187% of average net assets, and portfolio turnover was 25%.
RKCAX Fees and Expenses
Annual operating expenses and sales charges of RKCAX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.48% |
| Gross expense ratio | 1.58% |
| Fee waiver | −0.34% |
| Net expense ratio | 1.24% |
| Sales charges | |
|---|---|
| Max front load | 5.25% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
RKCAX Costs Over Time
On $10,000 invested in RKCAX, assuming 5% a year before costs, total costs come to $1,412 over 5 years, cutting the return by 2.43% 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 |
| Sales charges | $623 | $525 | $525 |
| Fund expenses (net expense ratio 1.24%) | $123 | $384 | $664 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $26 | $102 | $213 |
| Total costs | $775 | $1,017 | $1,412 |
| Value after costs | $9,725 | $10,560 | $11,351 |
| Impact on return, per year | 7.75% | 3.17% | 2.43% |
RKCAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0187%
- Total broker commissions: $17K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 25%
- Securities lending: none during the year
RKCAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES LLC | $3K | 20.40% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $2K | 13.74% |
| BARCLAYS CAPITAL INC. | $2K | 12.02% |
| SG AMERICAS SECURITIES LLC | $2K | 11.34% |
| SANFORD C. BERNSTEIN & CO., LLC | $2K | 10.30% |
| INSTINET LLC | $1K | 8.34% |
| MORGAN STANLEY & CO. LLC | $1K | 7.64% |
| LIQUIDNET INC. | $1K | 7.50% |
| GOLDMAN SACHS & CO. LLC | $1K | 6.48% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $348 | 2.24% |
Rockefeller Climate Solutions Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RKCIX | Institutional Class Shares | 0.99% | none |
| RKCAX | Class A | 1.24% | 5.25% |
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.