TPDIX Fees and Costs — Timothy Plan Defensive Strategies Fund, Class I
Data updated: 2026-08-26
The net expense ratio is 1.09% (1.21% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3K in broker commissions, 0.0040% of average net assets, and portfolio turnover was 50%.
TPDIX Fees and Expenses
Annual operating expenses and sales charges of TPDIX. Prospectus, as of May 5, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | — |
| Other expenses | 0.51% |
| Gross expense ratio | 1.21% |
| Fee waiver | −0.12% |
| Net expense ratio | 1.09% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
TPDIX Costs Over Time
On $10,000 invested in TPDIX, assuming 5% a year before costs, total costs come to $683 over 5 years, cutting the return by 1.15% 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 1.09%) | $114 | $357 | $618 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $18 | $63 |
| Total costs | $115 | $376 | $683 |
| Value after costs | $10,385 | $11,200 | $12,080 |
| Impact on return, per year | 1.15% | 1.15% | 1.15% |
TPDIX 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): 0.0040%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $40.1M
- Portfolio turnover (prospectus): 50%
- Securities lending: none during the year
TPDIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| US BANCORP | $2K | 71.15% |
| WALLACHBETH | $906 | 28.85% |
TPDIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS AG | $18.4M | 45.89% |
| BANK OF AMERICA MERRILL LYNCH | $10.0M | 25.04% |
| CITADEL | $4.9M | 12.21% |
| BARCLAYS | $3.7M | 9.34% |
| JPMORGAN CHASE | $2.2M | 5.52% |
| CITIGROUP | $479K | 1.19% |
| NOMURA GROUP | $183K | 0.46% |
| US BANCORP | $142K | 0.35% |
Timothy Plan Defensive Strategies Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TPDIX | Class I | 1.09% | — |
| TPDAX | Class A | 1.34% | 5.50% |
| TPDCX | Class C | 2.09% | 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.