TEBRX Fees and Costs — The Teberg Fund, No-Load Class
Data updated: 2026-08-25
The net expense ratio is 2.03% (2.16% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $848 in broker commissions, 0.0015% of average net assets, and portfolio turnover was 0%.
TEBRX Fees and Expenses
Annual operating expenses and sales charges of TEBRX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.25% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.47% |
| Gross expense ratio | 2.16% |
| Fee waiver | −0.13% |
| Net expense ratio | 2.03% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
TEBRX Costs Over Time
On $10,000 invested in TEBRX, assuming 5% a year before costs, total costs come to $1,245 over 5 years, cutting the return by 2.13% 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 2.03%) | $213 | $658 | $1,129 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $33 | $115 |
| Total costs | $213 | $691 | $1,245 |
| Value after costs | $10,287 | $10,885 | $11,518 |
| Impact on return, per year | 2.13% | 2.13% | 2.13% |
TEBRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0015%
- Total broker commissions: $848
- Bought from dealers (principal trades, not a cost): $24.4M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
TEBRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GTS MISCHLER | $848 | 100.00% |
TEBRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GTS MISCHLER | $23.5M | 96.38% |
| US Bancorp Investments, Inc. | $883K | 3.62% |
The Teberg Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TEBRX | No-Load Class | 2.03% | none |
| ABSTX | Investor Class | 2.89% | 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.