Expense Ratio History

CPATX expense ratio history

Counterpoint Tactical Income Fund, Counterpoint Tactical Income Fund Class A Shares

Fund company
Northern Trust
Type
Mutual fund

2.12%

In basis points
212 basis points
Yearly cost per $10,000
$212
Prospectus dated
1 February 2026, filed with the SEC; rounded to 0.01%
Last change
Cut from 2.25% on 1 February 2026

Fee over time

CPATX expense ratio: 2.62% until 1 Feb 2016, then 2.40%; 2.40% until 1 Feb 2017, then 2.38%; 2.38% until 1 Feb 2018, then 2.24%; 2.24% until 1 Feb 2019, then 2.21%; 2.21% until 1 Feb 2020, then 2.35%; 2.35% until 1 Feb 2021, then 2.20%; 2.20% until 19 Dec 2022, then 2.28%; 2.28% until 1 Feb 2023, then 1.94%; 1.94% until 19 Dec 2023, then 2.28%; 2.28% until 2 Jan 2025, then 2.25%; 2.25% until 1 Feb 2026, then 2.12%; read at 2.12% on 1 Feb 2026.0.00%1.00%2.00%3.00%4.00%Oct 2014Sep 2016Aug 2018Jul 2020Jun 2022May 20242.62% before2.12% from 1 Feb 2026
CPATX expense ratio: 2.62% until 1 Feb 2016, then 2.40%; 2.40% until 1 Feb 2017, then 2.38%; 2.38% until 1 Feb 2018, then 2.24%; 2.24% until 1 Feb 2019, then 2.21%; 2.21% until 1 Feb 2020, then 2.35%; 2.35% until 1 Feb 2021, then 2.20%; 2.20% until 19 Dec 2022, then 2.28%; 2.28% until 1 Feb 2023, then 1.94%; 1.94% until 19 Dec 2023, then 2.28%; 2.28% until 2 Jan 2025, then 2.25%; 2.25% until 1 Feb 2026, then 2.12%; read at 2.12% on 1 Feb 2026.0.00%1.00%2.00%3.00%4.00%Oct 2014Aug 2018Jun 20222.62% before2.12% from 1 Feb 2026
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 3 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
CPATX (this page) Counterpoint Tactical Income Fund Class A Shares 2.12% — 1 Feb 2026
CPCTX Counterpoint Tactical Income Fund Class C Shares 2.87% — 1 Feb 2026
CPITX Counterpoint Tactical Income Fund Class I Shares 1.87% — 1 Feb 2026

Every figure we've recorded

DateFeeWhat happened
1 Feb 2026 2.12% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-02-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Feb 2026 2.12% Cut from 2.25% to 2.12%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2026-02-04
2 Jan 2025 2.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-01-02 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
2 Jan 2025 2.25% Cut from 2.28% to 2.25%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2025-01-27
19 Dec 2023 2.28% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-12-19 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
19 Dec 2023 2.28% Raised from 1.94% to 2.28%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2023-12-22
1 Feb 2023 1.94% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2023 1.94% Cut from 2.28% to 1.94%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-01-24
19 Dec 2022 2.28% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-12-19 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
19 Dec 2022 2.28% Raised from 2.20% to 2.28%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2024-02-01
1 Feb 2022 2.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-02-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Feb 2021 2.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-02-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Feb 2021 2.20% Cut from 2.35% to 2.20%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2021-02-17
1 Feb 2020 2.35% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-02-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Feb 2020 2.35% Raised from 2.21% to 2.35%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2020-03-13
1 Feb 2019 2.21% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-02-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Feb 2019 2.21% Cut from 2.24% to 2.21%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2019-03-04
16 Jul 2018 2.24% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-07-16 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Feb 2018 2.24% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-02-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Feb 2018 2.24% Cut from 2.38% to 2.24%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2018-03-01
1 Feb 2017 2.38% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-02-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Feb 2017 2.38% Cut from 2.40% to 2.38%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2017-02-15
1 Feb 2016 2.40% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-02-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Feb 2016 2.40% Cut from 2.62% to 2.40%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2016-02-22
7 Dec 2014 2.62% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-12-07 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
7 Oct 2014 2.62% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-10-07 (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 2.12% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$2,471 in fees over 10 years

After fees, $10,000 grows to $13,215.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$217
3 years$671
5 years$1,150
10 years$2,471

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 15 prospectuses for this share class since 2014. Each one is listed above with a link to the filing.

How we read fees

More Northern Trust funds

The cheapest of 200. All Northern Trust funds.