WTSVX Fees and Costs — Segall Bryant & Hamill Small Cap Value Dividend Fund, Retail Class
Data updated: 2020-08-28
The net expense ratio is 1.14%: a 0.80% management fee plus 0.53% other expenses, less a 0.19% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $253K in broker commissions, 0.2590% of average net assets, and portfolio turnover was 85%.
WTSVX Fees and Expenses
Annual operating expenses and sales charges of WTSVX. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.53% |
| Gross expense ratio | 1.33% |
| Fee waiver | −0.19% |
| Net expense ratio | 1.14% |
| 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 |
WTSVX Costs Over Time
On $10,000 invested in WTSVX, assuming 5% a year before costs, total costs come to $868 over 5 years, cutting the return by 1.47% 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 1.14%) | $120 | $372 | $642 |
| Trading costs (broker commissions) | $27 | $84 | $146 |
| Lost growth on money paid in costs | $0 | $23 | $80 |
| Total costs | $147 | $479 | $868 |
| Value after costs | $10,353 | $11,097 | $11,895 |
| Impact on return, per year | 1.47% | 1.47% | 1.47% |
WTSVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.2590%
- Total broker commissions: $253K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 85%
- Securities lending: none during the year
WTSVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES LLC | $60K | 24.23% |
| BARCLAYS CAPITAL, INC. | $51K | 20.72% |
| GOLDMAN, SACHS & CO. | $40K | 16.41% |
| RBC CAPITAL MARKETS LLC | $30K | 12.08% |
| COWEN EXECUTION SERVICES LLC | $27K | 11.07% |
| J.P. MORGAN SECURITIES LLC | $24K | 9.60% |
| RAYMOND JAMES & ASSOCIATES, INC. | $7K | 2.89% |
| DOWLING & PARTNERS SECURITIES, INC. | $3K | 1.26% |
| SANFORD C. BERNSTEIN & CO, LLC | $3K | 1.04% |
| BTIG LLC | $2K | 0.70% |
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.