WHGQX Fees and Costs — Westwood Quality Value Fund, Ultra Class
Data updated: 2026-09-28
The net expense ratio is 0.55%: a 0.50% management fee plus 0.13% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $50K in broker commissions, 0.0263% of average net assets, and portfolio turnover was 77%.
WHGQX Fees and Expenses
Annual operating expenses and sales charges of WHGQX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | — |
| Other expenses | 0.13% |
| Gross expense ratio | 0.63% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.55% |
| 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 | Yes |
WHGQX Costs Over Time
On $10,000 invested in WHGQX, assuming 5% a year before costs, total costs come to $364 over 5 years, cutting the return by 0.61% 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 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $61 | $199 | $364 |
| Value after costs | $10,439 | $11,377 | $12,399 |
| Impact on return, per year | 0.61% | 0.61% | 0.61% |
WHGQX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0263%
- Total broker commissions: $50K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 77%
- Securities lending: none during the year
WHGQX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Nothern Trust Securities, Inc. | $46K | 92.31% |
| Morgan Stanly & Co LLC | $4K | 7.69% |
Westwood Quality Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| WHGQX | Ultra Class | 0.55% | — |
| WHGLX | Institutional Class | 0.63% | none |
| WWLAX | A Class | 0.80% | 3.00% |
| WWLCX | C Class | 1.55% | 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.