TPHE Fees and Costs — Timothy Plan High Dividend Stock Enhanced ETF
Data updated: 2025-11-25
The net expense ratio is 0.52%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $7K in broker commissions, 0.0111% of average net assets, and portfolio turnover was 39%.
TPHE Fees and Expenses
Annual operating expenses and sales charges of TPHE. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.52% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 0.52% |
| Fee waiver | — |
| Net expense ratio | 0.52% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
TPHE Costs Over Time
On $10,000 invested in TPHE, assuming 5% a year before costs, total costs come to $335 over 5 years, cutting the return by 0.56% 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 0.52%) | $55 | $171 | $298 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $9 | $31 |
| Total costs | $56 | $183 | $335 |
| Value after costs | $10,444 | $11,393 | $12,427 |
| Impact on return, per year | 0.56% | 0.56% | 0.56% |
TPHE Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0111%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $42.9M
- Portfolio turnover (prospectus): 39%
- Securities lending: none during the year
TPHE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jane Street Capital, LLC | $5K | 61.43% |
| Susquehanna Securities | $3K | 37.75% |
| Goldman Sachs & Co. LLC | $23 | 0.32% |
| RBC Capital Markets, LLC | $23 | 0.31% |
| J.P. Morgan Securities LLC | $14 | 0.19% |
TPHE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $33.5M | 78.13% |
| Virtu Americas LLC | $9.4M | 21.87% |
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.