WTLTX Fees and Costs — Segall Bryant & Hamill Quality High Yield Fund, Retail Class
Data updated: 2026-08-28
The net expense ratio is 0.85%: a 0.45% management fee plus 0.60% other expenses, less a 0.20% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 37%.
WTLTX Fees and Expenses
Annual operating expenses and sales charges of WTLTX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.60% |
| Gross expense ratio | 1.05% |
| Fee waiver | −0.20% |
| Net expense ratio | 0.85% |
| 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 |
WTLTX Costs Over Time
On $10,000 invested in WTLTX, assuming 5% a year before costs, total costs come to $533 over 5 years, cutting the return by 0.89% 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 0.85%) | $89 | $279 | $484 |
| Lost growth on money paid in costs | $0 | $14 | $49 |
| Total costs | $89 | $293 | $533 |
| Value after costs | $10,411 | $11,284 | $12,230 |
| Impact on return, per year | 0.89% | 0.89% | 0.89% |
WTLTX 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): $38.9M
- Portfolio turnover (prospectus): 37%
- Securities lending: none during the year
WTLTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jeffries LLC | $5.1M | 16.14% |
| J.P. Morgan Securities LLC | $4.9M | 15.46% |
| Jane Street Execution Services LLC | $4.5M | 14.28% |
| Marketaxess Corporation | $4.1M | 13.11% |
| GOLDMAN, SACHS & CO. | $3.0M | 9.63% |
| SMBC Nikko Securities America Inc | $2.8M | 8.97% |
| Wells Fargo Securities LLC | $2.8M | 8.94% |
| Tradeweb Direct LLC | $1.6M | 5.17% |
| BOFA SECURITIES, INC. | $1.4M | 4.55% |
| Morgan Stanley & Co LLC | $1.2M | 3.74% |
Segall Bryant & Hamill Quality High Yield Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| WILTX | Institutional Class | 0.70% | — |
| WTLTX | Retail Class | 0.85% | — |
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.