TVFDX Fees and Costs — Guggenheim RBP Large-Cap Defensive Fund, Class P
Data updated: 2024-12-13
The net expense ratio is 1.18%: a 0.75% management fee, a 0.25% 12b-1 fee plus 2.32% other expenses, less a 2.14% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $719 in broker commissions, 0.0095% of average net assets, and portfolio turnover was 68%.
TVFDX Fees and Expenses
Annual operating expenses and sales charges of TVFDX. Prospectus, as of January 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.25% |
| Other expenses | 2.32% |
| Gross expense ratio | 3.32% |
| Fee waiver | −2.14% |
| Net expense ratio | 1.18% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
TVFDX Costs Over Time
On $10,000 invested in TVFDX, assuming 5% a year before costs, total costs come to $741 over 5 years, cutting the return by 1.25% 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 1.18%) | $124 | $386 | $668 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $19 | $68 |
| Total costs | $125 | $408 | $741 |
| Value after costs | $10,375 | $11,168 | $12,022 |
| Impact on return, per year | 1.25% | 1.25% | 1.25% |
TVFDX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0095%
- Total broker commissions: $719
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 68%
- Securities lending: none during the year
TVFDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $364 | 50.66% |
| WILLIAM BLAIR | $227 | 31.55% |
| Morgan Stanley & Co. LLC | $103 | 14.33% |
| BLOOMBERG TRADEBOOK LLC | $25 | 3.45% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.