SBAPX Fees and Costs — Segall Bryant & Hamill Short Term Plus Fund, Institutional Class
Data updated: 2026-05-29
The net expense ratio is 0.40%: a 0.25% management fee plus 1.06% other expenses, less a 0.91% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 58%.
SBAPX Fees and Expenses
Annual operating expenses and sales charges of SBAPX. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.06% |
| Gross expense ratio | 1.31% |
| Fee waiver | −0.91% |
| Net expense ratio | 0.40% |
| 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 | No |
SBAPX Costs Over Time
On $10,000 invested in SBAPX, assuming 5% a year before costs, total costs come to $253 over 5 years, cutting the return by 0.42% 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 0.40%) | $42 | $132 | $230 |
| Lost growth on money paid in costs | $0 | $7 | $23 |
| Total costs | $42 | $138 | $253 |
| Value after costs | $10,458 | $11,438 | $12,510 |
| Impact on return, per year | 0.42% | 0.42% | 0.42% |
SBAPX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $8.8M
- Portfolio turnover (prospectus): 58%
- Securities lending: none during the year
SBAPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Marketaxess Corporation | $1.0M | 16.02% |
| JANE STREET EXECUTION SERVICES, LLC | $995K | 15.24% |
| Headlands Tech Global Markets LLC | $901K | 13.81% |
| J.P. MORGAN SECURITIES LLC | $880K | 13.48% |
| GOLDMAN, SACHS & CO. | $552K | 8.45% |
| Citadel Securities Institutional LLC | $509K | 7.79% |
| BofA Securities Inc | $450K | 6.89% |
| Barclays Capital Inc | $441K | 6.76% |
| Wells Fargo Securities LLC | $414K | 6.33% |
| Susquehanna Capital Group | $341K | 5.23% |
Segall Bryant & Hamill Short Term Plus Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SBAPX | Institutional Class | 0.40% | — |
| SBHPX | Retail Class | 0.49% | — |
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.