Expense Ratio History

PGXIX expense ratio history

Polen Emerging Markets ex China Growth Fund, Institutional Class

Fund company
Fundvantage
Type
Mutual fund

8.78%

In basis points
878 basis points
Yearly cost per $10,000
$878
Prospectus dated
1 September 2023, filed with the SEC; rounded to 0.01%
Last change
Raised from 1.89% on 1 September 2023

Fee over time

PGXIX expense ratio: 1.89% until 1 Sep 2023, then 8.78%; read at 8.78% on 1 Sep 2023.0.00%5.00%10.00%15.00%Feb 2023Apr 2023Jun 2023Aug 2023Oct 20231.89% before8.78% from 1 Sep 2023
PGXIX expense ratio: 1.89% until 1 Sep 2023, then 8.78%; read at 8.78% on 1 Sep 2023.0.00%5.00%10.00%15.00%Feb 2023May 2023Aug 20231.89% before8.78% from 1 Sep 2023
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
PGXIX (this page) Institutional Class 8.78% 1.25% 1 Sep 2023
PGXRX Investor Class 9.03% 1.50% 1 Sep 2023

Every figure we've recorded

DateFeeWhat happened
1 Sep 2023 8.78% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-09-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Sep 2023 8.78% Raised from 1.89% to 8.78%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-08-28
28 Feb 2023 1.89% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-02-28 (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 8.78% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$7,541 in fees over 10 years

After fees, $10,000 grows to $6,649.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$900
3 years$2,593
5 years$4,154
10 years$7,541

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 2 prospectuses for this share class since 2023. Each one is listed above with a link to the filing.

How we read fees

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