TGFRX Fees and Costs — Tanaka Growth Fund, Class R
Data updated: 2026-07-29
The net expense ratio is 1.95%: a 1.00% management fee, a 0.25% 12b-1 fee plus 0.70% other expenses. This share class carries a redemption fee of 2.00%. In fiscal 2025 the fund paid $23K in broker commissions, 0.0974% of average net assets, and portfolio turnover was 15%.
TGFRX Fees and Expenses
Annual operating expenses and sales charges of TGFRX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 1.00% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.70% |
| Gross expense ratio | 1.95% |
| Fee waiver | — |
| Net expense ratio | 1.95% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | 2.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
TGFRX Costs Over Time
On $10,000 invested in TGFRX, assuming 5% a year before costs, total costs come to $1,254 over 5 years, cutting the return by 2.15% 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 1.95%) | $205 | $632 | $1,084 |
| Trading costs (broker commissions) | $10 | $32 | $54 |
| Lost growth on money paid in costs | $0 | $33 | $116 |
| Total costs | $215 | $697 | $1,254 |
| Value after costs | $10,285 | $10,880 | $11,509 |
| Impact on return, per year | 2.15% | 2.15% | 2.15% |
TGFRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0974%
- Total broker commissions: $23K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 15%
- Securities lending: none during the year
TGFRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Needham & Company, LLC | $7K | 31.78% |
| WOLFE RESEARCH SECURITIES | $5K | 22.62% |
| RBC Capital Markets, LLC | $4K | 16.10% |
| CANACCORD GENUITY LLC | $3K | 13.56% |
| UBS SECURITIES LLC | $3K | 11.77% |
| Loop Capital Markets, LLC | $950 | 4.16% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.