RPMVX Fees and Costs — Reinhart Mid Cap PMV Fund, Advisor Class
Data updated: 2026-09-28
The net expense ratio is 0.95% (1.27% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $32K in broker commissions, 0.0317% of average net assets, and portfolio turnover was 21%.
RPMVX Fees and Expenses
Annual operating expenses and sales charges of RPMVX. Prospectus, as of September 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 1.27% |
| Fee waiver | −0.32% |
| 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 |
RPMVX Costs Over Time
On $10,000 invested in RPMVX, assuming 5% a year before costs, total costs come to $614 over 5 years, cutting the return by 1.03% 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 | $540 |
| Trading costs (broker commissions) | $3 | $10 | $18 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $103 | $338 | $614 |
| Value after costs | $10,397 | $11,239 | $12,149 |
| Impact on return, per year | 1.03% | 1.03% | 1.03% |
RPMVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0317%
- Total broker commissions: $32K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 21%
- Securities lending: none during the year
RPMVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| ISI FINANCIAL GROUP INC | $8K | 26.26% |
| ROBERT W. BAIRD & CO. INCORPORATED | $7K | 22.21% |
| JONESTRADING INSTITUTIONAL | $6K | 19.00% |
| J.P. MORGAN SECURITIES LLC | $3K | 10.39% |
| MORGAN STANLEY & CO. LLC | $2K | 7.14% |
| WILLIAM BLAIR & COMPANY LLC | $2K | 5.22% |
| WELLS FARGO SECURITIES LLC | $1K | 3.72% |
| SANFORD C. BERNSTEIN & CO. LLC | $933 | 2.93% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $579 | 1.82% |
| GOLDMAN SACHS & CO. LLC | $422 | 1.32% |
Reinhart Mid Cap PMV Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| RPMNX | Institutional Class | 0.80% | — |
| RPMVX | Advisor Class | 0.95% | — |
| RPMMX | Investor Class | 1.20% | — |
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.