Expense Ratio History

IDMAX expense ratio history

iMGP Dolan McEniry Core Plus Fund, Investor Class

Fund company
Litman Gregory
Type
Mutual fund

1.31%

In basis points
131 basis points
Yearly cost per $10,000
$131
Prospectus dated
29 July 2022, filed with the SEC; rounded to 0.01%
Last change
Cut from 1.54% on 29 April 2022

Fee over time

IDMAX expense ratio: 1.54% until 29 Apr 2022, then 1.31%; read at 1.31% on 29 Jul 2022.0.00%1.00%2.00%3.00%Aug 2021Nov 2021Feb 2022May 2022Aug 20221.54% before1.31% from 29 Apr 2022
IDMAX expense ratio: 1.54% until 29 Apr 2022, then 1.31%; read at 1.31% on 29 Jul 2022.0.00%1.00%2.00%3.00%Aug 2021Jan 2022Jun 20221.54% before1.31% from 29 Apr 2022
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 2 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
IDMAX (this page) Investor Class 1.31% 1.05% 29 Jul 2022
IDMIX Institutional Class 0.73% 0.62% 30 Apr 2026

Every figure we've recorded

DateFeeWhat happened
29 Jul 2022 1.31% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-07-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Apr 2022 1.31% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-04-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Apr 2022 1.31% Cut from 1.54% to 1.31%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-04-29
20 Sep 2021 1.54% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-09-20 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
18 Aug 2021 1.54% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-08-18 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 1.31% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,587 in fees over 10 years

After fees, $10,000 grows to $14,322.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$134
3 years$418
5 years$722
10 years$1,587

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 4 prospectuses for this share class since 2021. Each one is listed above with a link to the filing.

How we read fees

More Litman Gregory funds

The cheapest of 12. All Litman Gregory funds.