Expense Ratio History

CBHAX expense ratio history

Victory Market Neutral Income Fund, Class A

Fund company
Victory
Type
Mutual fund

0.76%

In basis points
76 basis points
Yearly cost per $10,000
$76
Prospectus dated
1 November 2025, filed with the SEC; rounded to 0.01%
Last change
Cut from 0.80% on 1 November 2024

Fee over time

CBHAX expense ratio: 1.38% until 19 Nov 2013, then 1.40%; 1.40% until 3 Feb 2014, then 1.35%; 1.35% until 1 Nov 2014, then 1.30%; 1.30% until 1 May 2015, then 1.15%; 1.15% until 28 Oct 2015, then 1.17%; 1.17% until 2 Nov 2015, then 1.20%; 1.20% until 1 Nov 2016, then 1.27%; 1.27% until 1 Nov 2017, then 1.25%; 1.25% until 1 Nov 2018, then 1.18%; 1.18% until 1 Nov 2019, then 1.03%; 1.03% until 1 Nov 2020, then 0.92%; 0.92% until 1 Nov 2021, then 0.95%; 0.95% until 1 Nov 2022, then 0.83%; 0.83% until 1 Nov 2023, then 0.80%; 0.80% until 1 Nov 2024, then 0.76%; read at 0.76% on 1 Nov 2025.0.00%0.50%1.00%1.50%2.00%Nov 2012Feb 2015May 2017Aug 2019Nov 2021Feb 20241.38% before0.76% from 1 Nov 2024
CBHAX expense ratio: 1.38% until 19 Nov 2013, then 1.40%; 1.40% until 3 Feb 2014, then 1.35%; 1.35% until 1 Nov 2014, then 1.30%; 1.30% until 1 May 2015, then 1.15%; 1.15% until 28 Oct 2015, then 1.17%; 1.17% until 2 Nov 2015, then 1.20%; 1.20% until 1 Nov 2016, then 1.27%; 1.27% until 1 Nov 2017, then 1.25%; 1.25% until 1 Nov 2018, then 1.18%; 1.18% until 1 Nov 2019, then 1.03%; 1.03% until 1 Nov 2020, then 0.92%; 0.92% until 1 Nov 2021, then 0.95%; 0.95% until 1 Nov 2022, then 0.83%; 0.83% until 1 Nov 2023, then 0.80%; 0.80% until 1 Nov 2024, then 0.76%; read at 0.76% on 1 Nov 2025.0.00%0.50%1.00%1.50%2.00%Nov 2012Apr 2017Sep 20211.38% before0.76% from 1 Nov 2024
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 5 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
CBHAX (this page) Class A 0.76% — 1 Nov 2025
— — 1.40% 1.20% 1 May 2015
CBHCX Class C 1.77% 1.51% 1 Nov 2025
CBHIX Class I 0.58% 0.41% 1 Nov 2025
CBHMX Member Class 0.74% 0.56% 1 Nov 2025

Every figure we've recorded

DateFeeWhat happened
1 Nov 2025 0.76% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2024 0.76% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2024 0.76% Cut from 0.80% to 0.76%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2024-10-24
1 Nov 2023 0.80% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2023 0.80% Cut from 0.83% to 0.80%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-10-24
1 Nov 2022 0.83% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2022 0.83% Cut from 0.95% to 0.83%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-10-26
1 Nov 2021 0.95% 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 0.95% Raised from 0.92% to 0.95%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-10-27
1 Nov 2020 0.92% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-11-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Nov 2020 0.92% Cut from 1.03% to 0.92%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2021-01-27
1 Nov 2019 1.03% 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 1.03% Cut from 1.18% to 1.03%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-11-12
1 Nov 2018 1.18% 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 1.18% Cut from 1.25% to 1.18%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-11-08
1 Nov 2017 1.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-11-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Nov 2017 1.25% Cut from 1.27% to 1.25%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2018-06-08
1 Nov 2016 1.27% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2016 1.27% Raised from 1.20% to 1.27%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2016-11-17
2 Nov 2015 1.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-11-02 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
2 Nov 2015 1.20% Raised from 1.17% to 1.20%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2015-11-17
28 Oct 2015 1.17% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-10-28 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
28 Oct 2015 1.17% Raised from 1.15% to 1.17%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2016-01-11
1 May 2015 1.15% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-05-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 May 2015 1.15% Cut from 1.30% to 1.15%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2015-05-12
1 Nov 2014 1.30% 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 1.30% Cut from 1.35% to 1.30%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2014-11-25
3 Feb 2014 1.35% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-02-03 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
3 Feb 2014 1.35% Cut from 1.40% to 1.35%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2014-03-12
19 Nov 2013 1.40% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-11-19 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
19 Nov 2013 1.40% Raised from 1.38% to 1.40%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2013-12-05
1 Nov 2012 1.38% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-11-01 (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 0.76% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$945 in fees over 10 years

After fees, $10,000 grows to $15,120.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$78
3 years$244
5 years$424
10 years$945

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 17 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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