WPVLX Fees and Costs — Multi Cap Equity Fund, Investor Class
Data updated: 2026-08-31
The net expense ratio is 1.06%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $121K in broker commissions, 0.0219% of average net assets, and portfolio turnover was 6%.
WPVLX Fees and Expenses
Annual operating expenses and sales charges of WPVLX. Prospectus, as of July 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.31% |
| Gross expense ratio | — |
| Fee waiver | — |
| Net expense ratio | 1.06% |
| 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 | No |
| Waived fees subject to recoupment | No |
WPVLX Costs Over Time
On $10,000 invested in WPVLX, assuming 5% a year before costs, total costs come to $676 over 5 years, cutting the return by 1.14% 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 1.06%) | $111 | $347 | $601 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $18 | $62 |
| Total costs | $114 | $372 | $676 |
| Value after costs | $10,386 | $11,205 | $12,087 |
| Impact on return, per year | 1.14% | 1.14% | 1.14% |
WPVLX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0219%
- Total broker commissions: $121K
- Bought from dealers (principal trades, not a cost): $296.1M
- Portfolio turnover (prospectus): 6%
- Securities on loan, average value: $2.5M
- Net income from securities lending: $4K (0.001% of average net assets)
WPVLX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Northern Trust Securities, Inc. | $121K | 100.00% |
WPVLX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $253.3M | 85.55% |
| Wells Fargo Securities, LLC | $27.8M | 9.40% |
| J.P. Morgan Securities LLC | $8.0M | 2.69% |
| Goldman Sachs & Co. LLC | $7.0M | 2.35% |
Multi Cap Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| WPVIX | Institutional Class | 0.86% | none |
| WPVLX | Investor Class | 1.06% | 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.