YOVIX Fees and Costs — Yorktown Small Cap Fund, Institutional Class
Data updated: 2026-09-29
The net expense ratio is 1.35%: a 0.90% management fee plus 0.86% other expenses, less a 0.41% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $69K in broker commissions, 0.2219% of average net assets, and portfolio turnover was 81%.
YOVIX Fees and Expenses
Annual operating expenses and sales charges of YOVIX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.86% |
| Gross expense ratio | 1.76% |
| Fee waiver | −0.41% |
| Net expense ratio | 1.35% |
| 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 | Yes |
| Waived fees subject to recoupment | Yes |
YOVIX Costs Over Time
On $10,000 invested in YOVIX, assuming 5% a year before costs, total costs come to $972 over 5 years, cutting the return by 1.65% 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 1.35%) | $142 | $440 | $758 |
| Trading costs (broker commissions) | $23 | $72 | $125 |
| Lost growth on money paid in costs | $0 | $25 | $90 |
| Total costs | $165 | $537 | $972 |
| Value after costs | $10,335 | $11,039 | $11,791 |
| Impact on return, per year | 1.65% | 1.65% | 1.65% |
YOVIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.2219%
- Total broker commissions: $69K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 81%
- Securities lending: none during the year
YOVIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| AXIOM CAPITAL MANAGEMENT, INC. | $69K | 100.00% |
Yorktown Small Cap Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| YOVIX | Institutional Class | 1.35% | none |
| YOVAX | Class A | 1.60% | 5.75% |
| YOVLX | Class L | 2.35% | 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.