VSRDX Fees and Costs — U.S. Socially Responsible Fund
Data updated: 2026-09-28
The net expense ratio is 0.36%: a 0.25% management fee plus 0.13% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $16K in broker commissions, 0.0031% of average net assets, and portfolio turnover was 8%.
VSRDX Fees and Expenses
Annual operating expenses and sales charges of VSRDX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | — |
| Other expenses | 0.13% |
| Gross expense ratio | 0.38% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.36% |
| 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 |
VSRDX Costs Over Time
On $10,000 invested in VSRDX, assuming 5% a year before costs, total costs come to $230 over 5 years, cutting the return by 0.38% 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 0.36%) | $38 | $119 | $207 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $38 | $126 | $230 |
| Value after costs | $10,462 | $11,451 | $12,533 |
| Impact on return, per year | 0.38% | 0.38% | 0.38% |
VSRDX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0031%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): $220.6M
- Portfolio turnover (prospectus): 8%
- Securities on loan, average value: $1.6M
- Net income from securities lending: $2K (0.000% of average net assets)
VSRDX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BNP Paribas Securities Corp. | $5K | 32.92% |
| Citigroup Global Markets Inc. | $2K | 13.84% |
| Goldman Sachs & Co. LLC | $2K | 11.93% |
| Jefferies LLC | $1K | 7.93% |
| BofA Securities, Inc. | $1K | 7.80% |
| UBS Securities LLC | $851 | 5.93% |
| BNY Capital Markets, LLC | $805 | 5.61% |
| BMO Capital Markets Corp. | $732 | 5.10% |
| Morgan Stanley & Co. LLC | $708 | 4.93% |
| Barclays Capital Inc. | $575 | 4.01% |
VSRDX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $220.6M | 100.00% |
| J.P. Morgan Securities LLC | $308 | 0.00% |
| BofA Securities, Inc. | $307 | 0.00% |
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.