SBHAX Fees and Costs — Segall Bryant & Hamill All Cap Fund, Institutional Class
Data updated: 2026-08-28
The net expense ratio is 0.84%: a 0.65% management fee plus 0.32% other expenses, less a 0.13% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $21K in broker commissions, 0.0224% of average net assets, and portfolio turnover was 34%.
SBHAX Fees and Expenses
Annual operating expenses and sales charges of SBHAX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.32% |
| Gross expense ratio | 0.97% |
| Fee waiver | −0.13% |
| Net expense ratio | 0.84% |
| 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 |
SBHAX Costs Over Time
On $10,000 invested in SBHAX, assuming 5% a year before costs, total costs come to $541 over 5 years, cutting the return by 0.91% 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 0.84%) | $88 | $276 | $479 |
| Trading costs (broker commissions) | $2 | $7 | $13 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $91 | $297 | $541 |
| Value after costs | $10,409 | $11,279 | $12,222 |
| Impact on return, per year | 0.91% | 0.91% | 0.91% |
SBHAX 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): 0.0224%
- Total broker commissions: $21K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 34%
- Securities lending: none during the year
SBHAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Cowen and Company LLC | $5K | 28.40% |
| RBC CAPITAL MARKETS LLC | $2K | 12.68% |
| Jeffries LLC | $2K | 9.76% |
| J.P. MORGAN SECURITIES LLC | $2K | 9.22% |
| Barclays Capital Inc | $1K | 7.98% |
| Wells Fargo Securities LLC | $1K | 7.91% |
| Evercore Group LLC | $1K | 7.34% |
| Strategas Research Partners LLC | $1K | 7.18% |
| William Blair & Company LLC | $864 | 4.87% |
| Keybanc Capital Markets Inc | $826 | 4.66% |
Segall Bryant & Hamill All Cap Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SBHAX | Institutional Class | 0.84% | — |
| SBRAX | Retail Class | 0.99% | — |
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.