SSMOX Fees and Costs — Steward Values Enhanced Small-Mid Cap Fund, Class R6
Data updated: 2026-09-28
The net expense ratio is 0.49%: a 0.22% management fee plus 0.27% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $47K in broker commissions, 0.0260% of average net assets, and portfolio turnover was 27%.
SSMOX Fees and Expenses
Annual operating expenses and sales charges of SSMOX. Prospectus, as of August 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.22% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.27% |
| Gross expense ratio | 0.49% |
| Fee waiver | — |
| Net expense ratio | 0.49% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
SSMOX Costs Over Time
On $10,000 invested in SSMOX, assuming 5% a year before costs, total costs come to $326 over 5 years, cutting the return by 0.54% 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 0.49%) | $51 | $161 | $281 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $54 | $178 | $326 |
| Value after costs | $10,446 | $11,398 | $12,437 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
SSMOX 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): 0.0260%
- Total broker commissions: $47K
- Bought from dealers (principal trades, not a cost): $54.2M
- Portfolio turnover (prospectus): 27%
- Securities lending: none during the year
SSMOX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Susquehanna Financial Group, LLLP | $37K | 78.67% |
| VIRTU ITG LLC | $10K | 21.33% |
SSMOX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| The Northern Trust Company | $54.2M | 100.00% |
Steward Values Enhanced Small-Mid 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 |
|---|---|---|---|
| SSMOX | Class R6 | 0.49% | none |
| SCECX | Institutional Class | 0.61% | none |
| TRDFX | Class A | 0.81% | 5.75% |
| SSMEX | Class C | 1.61% | 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.