TPFIX Fees and Costs — Timothy Fixed Income Fund, Class I
Data updated: 2026-08-26
The net expense ratio is 0.90%: a 0.60% management fee plus 0.50% other expenses, less a 0.20% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 28%.
TPFIX Fees and Expenses
Annual operating expenses and sales charges of TPFIX. Prospectus, as of May 5, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | — |
| Other expenses | 0.50% |
| Gross expense ratio | 1.10% |
| Fee waiver | −0.20% |
| Net expense ratio | 0.90% |
| 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 |
TPFIX Costs Over Time
On $10,000 invested in TPFIX, assuming 5% a year before costs, total costs come to $564 over 5 years, cutting the return by 0.94% 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 0.90%) | $94 | $295 | $512 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $94 | $310 | $564 |
| Value after costs | $10,406 | $11,266 | $12,199 |
| Impact on return, per year | 0.94% | 0.94% | 0.94% |
TPFIX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $48.3M
- Portfolio turnover (prospectus): 28%
- Securities lending: none during the year
TPFIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BANK OF AMERICA MERRILL LYNCH | $23.6M | 48.98% |
| JPMORGAN CHASE | $7.3M | 15.12% |
| CITIGROUP | $4.2M | 8.70% |
| NOMURA GROUP | $3.4M | 7.11% |
| MORGAN STANLEY SMITH BARNEY | $2.5M | 5.20% |
| MITSUBISHI | $2.3M | 4.81% |
| WELLS FARGO SECURITIES, LLC | $1.7M | 3.45% |
| MIZUHO | $1.7M | 3.45% |
| FCSTONE | $1.5M | 3.18% |
Timothy Fixed 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 |
|---|---|---|---|
| TPFIX | Class I | 0.90% | — |
| TFIAX | Class A | 1.15% | 4.50% |
| TFICX | Class C | 1.90% | 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.