Expense Ratio History

PRAEX expense ratio history

Real Estate Securities Fund, R-1

Fund company
Principal
Type
Mutual fund

1.68%

In basis points
168 basis points
Yearly cost per $10,000
$168
Prospectus dated
1 March 2024, filed with the SEC; rounded to 0.01%
Last change
Cut from 1.69% on 1 March 2021

Fee over time

PRAEX expense ratio: 1.71% until 1 Mar 2016, then 1.70%; 1.70% until 1 Mar 2018, then 1.69%; 1.69% until 1 Mar 2021, then 1.68%; read at 1.68% on 1 Mar 2024.0.00%1.00%2.00%3.00%Feb 2011May 2013Aug 2015Nov 2017Feb 2020May 20221.71% before1.68% from 1 Mar 2021
PRAEX expense ratio: 1.71% until 1 Mar 2016, then 1.70%; 1.70% until 1 Mar 2018, then 1.69%; 1.69% until 1 Mar 2021, then 1.68%; read at 1.68% on 1 Mar 2024.0.00%1.00%2.00%3.00%Feb 2011Jul 2015Dec 20191.71% before1.68% from 1 Mar 2021
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 12 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
PRAEX (this page) R-1 1.68% — 1 Mar 2024
— — 1.56% — 1 Mar 2020
PRERX R-3 1.37% — 1 Mar 2026
PREPX R-5 1.06% — 1 Mar 2026
PRETX R-4 1.18% — 1 Mar 2024
PIREX Institutional Class 0.90% 0.86% 1 Mar 2026
PREJX Class J 1.09% — 1 Mar 2026
PRRAX Class A 1.19% — 1 Mar 2026
— — 2.74% 2.20% 28 Feb 2014
PRCEX Class C 2.07% — 1 Mar 2026
— — 0.96% — 1 Mar 2017
PFRSX R-6 0.81% — 1 Mar 2026

Every figure we've recorded

DateFeeWhat happened
1 Mar 2024 1.68% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2023 1.68% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2022 1.68% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2021 1.68% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2021 1.68% Cut from 1.69% to 1.68%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-02-24
1 Mar 2020 1.69% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2019 1.69% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2018 1.69% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2018 1.69% Cut from 1.70% to 1.69%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-03-22
1 Mar 2017 1.70% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-03-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Mar 2016 1.70% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-03-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Mar 2016 1.70% Cut from 1.71% to 1.70%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2016-03-23
1 Mar 2015 1.71% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-03-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
29 Feb 2012 1.71% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-02-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2011 1.71% In the prospectusTotal annual fund operating expenses in the prospectus dated 2011-03-01 (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 1.68% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$2,000 in fees over 10 years

After fees, $10,000 grows to $13,806.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$172
3 years$534
5 years$919
10 years$2,000

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 12 prospectuses for this share class since 2011. Each one is listed above with a link to the filing.

How we read fees

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