Expense Ratio History

AFNAX expense ratio history

Bahl & Gaynor Income Growth Fund, Class A

Fund company
Investment Managers Series
Type
Mutual fund

0.88%

In basis points
88 basis points
Yearly cost per $10,000
$88
Prospectus dated
31 October 2025, filed with the SEC; rounded to 0.01%
Last change
Raised from 0.85% on 31 October 2025

Fee over time

AFNAX expense ratio: 1.46% until 1 Nov 2014, then 2.99%; 2.99% until 1 Nov 2015, then 1.45%; 1.45% until 1 Nov 2016, then 1.28%; 1.28% until 1 Apr 2017, then 1.23%; 1.23% until 20 Oct 2017, then 1.22%; 1.22% until 1 Nov 2018, then 1.20%; 1.20% until 1 Nov 2019, then 1.13%; 1.13% until 1 Nov 2020, then 1.09%; 1.09% until 1 Nov 2021, then 1.08%; 1.08% until 31 Oct 2023, then 0.84%; 0.84% until 31 Oct 2024, then 0.85%; 0.85% until 31 Oct 2025, then 0.88%; read at 0.88% on 31 Oct 2025.0.00%1.00%2.00%3.00%4.00%Jul 2012Oct 2014Jan 2017Apr 2019Jul 2021Oct 20231.46% before0.88% from 31 Oct 2025
AFNAX expense ratio: 1.46% until 1 Nov 2014, then 2.99%; 2.99% until 1 Nov 2015, then 1.45%; 1.45% until 1 Nov 2016, then 1.28%; 1.28% until 1 Apr 2017, then 1.23%; 1.23% until 20 Oct 2017, then 1.22%; 1.22% until 1 Nov 2018, then 1.20%; 1.20% until 1 Nov 2019, then 1.13%; 1.13% until 1 Nov 2020, then 1.09%; 1.09% until 1 Nov 2021, then 1.08%; 1.08% until 31 Oct 2023, then 0.84%; 0.84% until 31 Oct 2024, then 0.85%; 0.85% until 31 Oct 2025, then 0.88%; read at 0.88% on 31 Oct 2025.0.00%1.00%2.00%3.00%4.00%Jul 2012Jan 2017Jul 20211.46% before0.88% from 31 Oct 2025
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 4 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
AFNAX (this page) Class A 0.88% — 31 Oct 2025
AFYCX Class C 1.63% — 31 Oct 2025
AFNIX Class I 0.63% — 31 Oct 2025
— — 1.08% — 1 Nov 2021

Every figure we've recorded

DateFeeWhat happened
31 Oct 2025 0.88% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-10-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Oct 2025 0.88% Raised from 0.85% to 0.88%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2025-10-24
31 Oct 2024 0.85% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-10-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Oct 2024 0.85% Raised from 0.84% to 0.85%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2024-10-28
31 Oct 2023 0.84% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-10-31 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
31 Oct 2023 0.84% Cut from 1.08% to 0.84%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2024-06-12
1 Nov 2021 1.08% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2021 1.08% Cut from 1.09% to 1.08%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-10-27
1 Nov 2020 1.09% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2020 1.09% Cut from 1.13% to 1.09%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-10-27
1 Nov 2019 1.13% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2019 1.13% Cut from 1.20% to 1.13%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-11-20
1 Nov 2018 1.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2018 1.20% Cut from 1.22% to 1.20%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-11-07
20 Oct 2017 1.22% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-10-20 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
20 Oct 2017 1.22% Cut from 1.23% to 1.22%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2018-01-05
1 Apr 2017 1.23% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-04-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Apr 2017 1.23% Cut from 1.28% to 1.23%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2017-04-12
1 Nov 2016 1.28% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-11-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Nov 2016 1.28% Cut from 1.45% to 1.28%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2017-01-13
1 Nov 2015 1.45% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-11-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Nov 2015 1.45% Cut from 2.99% to 1.45%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2016-06-28
1 Nov 2014 2.99% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-11-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Nov 2014 2.99% Raised from 1.46% to 2.99%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2015-08-14
5 Jul 2012 1.46% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-07-05 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 0.88% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,088 in fees over 10 years

After fees, $10,000 grows to $14,943.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$90
3 years$282
5 years$490
10 years$1,088

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 13 prospectuses for this share class since 2012. Each one is listed above with a link to the filing.

How we read fees

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