SGIFX Fees and Costs — Steward Global Equity Income Fund, Class C
Data updated: 2026-09-28
The net expense ratio is 1.97%: a 0.63% management fee, a 1.00% 12b-1 fee plus 0.34% other expenses. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2026 the fund paid $305K in broker commissions, 0.0691% of average net assets, and portfolio turnover was 30%.
SGIFX Fees and Expenses
Annual operating expenses and sales charges of SGIFX. Prospectus, as of August 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.63% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.34% |
| Gross expense ratio | 1.97% |
| Fee waiver | — |
| Net expense ratio | 1.97% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
SGIFX Costs Over Time
On $10,000 invested in SGIFX, assuming 5% a year before costs, total costs come to $1,249 over 5 years, cutting the return by 2.14% 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 | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.97%) | $207 | $638 | $1,095 |
| Trading costs (broker commissions) | $7 | $22 | $38 |
| Lost growth on money paid in costs | $0 | $33 | $116 |
| Total costs | $317 | $694 | $1,249 |
| Value after costs | $10,183 | $10,882 | $11,514 |
| Impact on return, per year | 3.17% | 2.14% | 2.14% |
SGIFX 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): 0.0691%
- Total broker commissions: $305K
- Bought from dealers (principal trades, not a cost): $142.2M
- Portfolio turnover (prospectus): 30%
- Securities lending: none during the year
SGIFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Susquehanna Financial Group, LLLP | $200K | 65.70% |
| VIRTU ITG LLC | $104K | 34.30% |
SGIFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| The Northern Trust Company | $142.2M | 100.00% |
Steward Global Equity Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SGIGX | Class R6 | 0.87% | none |
| SGISX | Institutional Class | 0.99% | none |
| SGIDX | Class A | 1.24% | 5.75% |
| SGIFX | Class C | 1.97% | 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.