WMKMX Fees and Costs — WesMark West Virginia Municipal Bond Fund
Data updated: 2026-08-26
The net expense ratio is 1.16%. There are no sales loads or redemption fees. Portfolio turnover was 15%.
WMKMX Fees and Expenses
Annual operating expenses and sales charges of WMKMX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | — |
| Gross expense ratio | 1.16% |
| Fee waiver | — |
| Net expense ratio | 1.16% |
| 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 |
WMKMX Costs Over Time
On $10,000 invested in WMKMX, assuming 5% a year before costs, total costs come to $723 over 5 years, cutting the return by 1.22% 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 1.16%) | $122 | $379 | $657 |
| Lost growth on money paid in costs | $0 | $19 | $66 |
| Total costs | $122 | $398 | $723 |
| Value after costs | $10,378 | $11,178 | $12,040 |
| Impact on return, per year | 1.22% | 1.22% | 1.22% |
WMKMX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $41.2M
- Portfolio turnover (prospectus): 15%
- Securities lending: none during the year
WMKMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| FHN FINANCIAL SECURITIES CORP | $19.1M | 46.26% |
| CARTY, HARDING & HEARN, INC. | $5.4M | 13.06% |
| CREWS & ASSOCIATES, INC | $5.2M | 12.73% |
| PNFP CAPITAL MARKETS, INC. | $4.7M | 11.40% |
| RBC CAPITAL MARKETS, LLC | $3.4M | 8.33% |
| PIPER SANDLER COMPANIES | $3.2M | 7.82% |
| RAYMOND JAMES & ASSOCIATES INC | $162K | 0.39% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.