SEAKX Fees and Costs — Steward Select Bond Fund, Class A
Data updated: 2026-09-28
The net expense ratio is 0.95%: a 0.32% management fee, a 0.25% 12b-1 fee plus 0.37% other expenses. This share class carries a maximum front-end sales load of 3.75%. In fiscal 2026 the fund paid $65K in broker commissions, 0.0322% of average net assets, and portfolio turnover was 13%.
SEAKX Fees and Expenses
Annual operating expenses and sales charges of SEAKX. Prospectus, as of August 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.32% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.37% |
| Gross expense ratio | 0.95% |
| Fee waiver | — |
| Net expense ratio | 0.95% |
| Sales charges | |
|---|---|
| Max front load | 3.75% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
SEAKX Costs Over Time
On $10,000 invested in SEAKX, assuming 5% a year before costs, total costs come to $1,070 over 5 years, cutting the return by 1.82% 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 | $375 | $375 | $375 |
| Fund expenses (net expense ratio 0.95%) | $96 | $300 | $520 |
| Trading costs (broker commissions) | $3 | $10 | $18 |
| Lost growth on money paid in costs | $19 | $74 | $158 |
| Total costs | $493 | $759 | $1,070 |
| Value after costs | $10,007 | $10,817 | $11,693 |
| Impact on return, per year | 4.93% | 2.35% | 1.82% |
SEAKX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0322%
- Total broker commissions: $65K
- Bought from dealers (principal trades, not a cost): $103.9M
- Portfolio turnover (prospectus): 13%
- Securities lending: none during the year
SEAKX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CAPITAL INSTITUTIONAL SERVICES, INC. | $65K | 100.00% |
SEAKX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| The Northern Trust Company | $103.9M | 100.00% |
Steward Select Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SEABX | Class R6 | 0.58% | none |
| SEACX | Institutional Class | 0.69% | none |
| SEAKX | Class A | 0.95% | 3.75% |
| SEAAX | Class C | 1.69% | none |
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.