SBRVX Fees and Costs — Segall Bryant & Hamill Small Cap Value Fund, Retail Class
Data updated: 2026-08-28
The net expense ratio is 1.14%: a 0.80% management fee plus 0.49% other expenses, less a 0.15% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $439K in broker commissions, 0.1042% of average net assets, and portfolio turnover was 39%.
SBRVX Fees and Expenses
Annual operating expenses and sales charges of SBRVX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.49% |
| Gross expense ratio | 1.29% |
| Fee waiver | −0.15% |
| Net expense ratio | 1.14% |
| 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 |
SBRVX Costs Over Time
On $10,000 invested in SBRVX, assuming 5% a year before costs, total costs come to $774 over 5 years, cutting the return by 1.31% 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 1.14%) | $120 | $373 | $644 |
| Trading costs (broker commissions) | $11 | $34 | $59 |
| Lost growth on money paid in costs | $0 | $20 | $71 |
| Total costs | $131 | $427 | $774 |
| Value after costs | $10,369 | $11,150 | $11,988 |
| Impact on return, per year | 1.31% | 1.31% | 1.31% |
SBRVX 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): 0.1042%
- Total broker commissions: $439K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 39%
- Securities lending: none during the year
SBRVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES LLC | $84K | 24.16% |
| J.P. MORGAN SECURITIES LLC | $50K | 14.35% |
| RAYMOND JAMES & ASSOCIATES, INC. | $50K | 14.24% |
| Cowen and Company LLC | $35K | 9.98% |
| BARCLAYS CAPITAL, INC. | $34K | 9.76% |
| Needham & Co LLC | $29K | 8.24% |
| WELLS FARGO SECURITIES, LLC | $21K | 6.08% |
| Jones Trading Institutional Services LLC | $16K | 4.63% |
| Robert W Baird & Co Inc | $15K | 4.30% |
| William Blair & Company LLC | $15K | 4.26% |
Segall Bryant & Hamill Small Cap Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SBHVX | Institutional Class | 0.99% | — |
| SBRVX | Retail Class | 1.14% | — |
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.