TPHIX Fees and Costs — Timothy Plan High Yield Bond Fund, Class I
Data updated: 2026-08-26
The net expense ratio is 0.95%: a 0.60% management fee plus 0.44% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 46%.
TPHIX Fees and Expenses
Annual operating expenses and sales charges of TPHIX. Prospectus, as of May 5, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | — |
| Other expenses | 0.44% |
| Gross expense ratio | 1.05% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.95% |
| 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 |
TPHIX Costs Over Time
On $10,000 invested in TPHIX, assuming 5% a year before costs, total costs come to $595 over 5 years, cutting the return by 1.00% 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 0.95%) | $100 | $311 | $540 |
| Lost growth on money paid in costs | $0 | $15 | $55 |
| Total costs | $100 | $327 | $595 |
| Value after costs | $10,400 | $11,249 | $12,168 |
| Impact on return, per year | 1.00% | 1.00% | 1.00% |
TPHIX 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): $215.7M
- Portfolio turnover (prospectus): 46%
- Securities lending: none during the year
TPHIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| JANE STREET | $37.0M | 21.86% |
| JPMORGAN CHASE | $28.8M | 17.00% |
| GOLDMAN SACHS | $18.8M | 11.10% |
| MORGAN STANLEY SMITH BARNEY | $17.7M | 10.44% |
| TRADEWEB DIRECT | $14.5M | 8.57% |
| JEFFERIES GROUP | $13.2M | 7.76% |
| BANK OF AMERICA MERRILL LYNCH | $12.2M | 7.19% |
| BARCLAYS | $11.2M | 6.62% |
| WELLS FARGO SECURITIES, LLC | $9.8M | 5.76% |
| CITIGROUP | $6.3M | 3.70% |
Timothy Plan High Yield Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TPHIX | Class I | 0.95% | — |
| TPHAX | Class A | 1.20% | 4.50% |
| TPHCX | Class C | 1.95% | 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.