Expense Ratio History

PSECX expense ratio history

1789 Growth and Income Fund, Class C Shares

Fund company
Pinnacle Capital Management
Type
Mutual fund

2.02%

In basis points
202 basis points
Yearly cost per $10,000
$202
Prospectus dated
28 February 2026, filed with the SEC; rounded to 0.01%
Last change
Cut from 2.03% on 28 February 2026

Fee over time

PSECX expense ratio: 2.01% until 31 Jan 2013, then 2.02%; 2.02% until 1 Mar 2015, then 2.05%; 2.05% until 29 Feb 2016, then 2.07%; 2.07% until 28 Feb 2017, then 2.08%; 2.08% until 28 Feb 2018, then 2.10%; 2.10% until 28 Feb 2019, then 1.05%; 1.05% until 28 Feb 2020, then 2.04%; 2.04% until 28 Feb 2021, then 2.03%; 2.03% until 28 Feb 2022, then 2.02%; 2.02% until 28 Feb 2023, then 2.04%; 2.04% until 28 Feb 2024, then 2.03%; 2.03% until 28 Feb 2026, then 2.02%; read at 2.02% on 28 Feb 2026.0.00%1.00%2.00%3.00%Feb 2012Jul 2014Dec 2016May 2019Oct 2021Mar 20242.01% before2.02% from 28 Feb 2026
PSECX expense ratio: 2.01% until 31 Jan 2013, then 2.02%; 2.02% until 1 Mar 2015, then 2.05%; 2.05% until 29 Feb 2016, then 2.07%; 2.07% until 28 Feb 2017, then 2.08%; 2.08% until 28 Feb 2018, then 2.10%; 2.10% until 28 Feb 2019, then 1.05%; 1.05% until 28 Feb 2020, then 2.04%; 2.04% until 28 Feb 2021, then 2.03%; 2.03% until 28 Feb 2022, then 2.02%; 2.02% until 28 Feb 2023, then 2.04%; 2.04% until 28 Feb 2024, then 2.03%; 2.03% until 28 Feb 2026, then 2.02%; read at 2.02% on 28 Feb 2026.0.00%1.00%2.00%3.00%Feb 2012Nov 2016Aug 20212.01% before2.02% from 28 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
PSECX (this page) Class C Shares 2.02% — 28 Feb 2026
PSEPX Class P Shares 1.02% — 28 Feb 2026
— — 1.33% — 28 Feb 2017

Every figure we've recorded

DateFeeWhat happened
28 Feb 2026 2.02% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-02-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Feb 2026 2.02% Cut from 2.03% to 2.02%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2026-02-27
28 Feb 2025 2.03% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-02-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Feb 2024 2.03% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-02-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Feb 2024 2.03% Cut from 2.04% to 2.03%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2024-02-28
28 Feb 2023 2.04% 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
28 Feb 2023 2.04% Raised from 2.02% to 2.04%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-02-28
28 Feb 2022 2.02% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-02-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Feb 2022 2.02% Cut from 2.03% to 2.02%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-02-28
28 Feb 2021 2.03% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-02-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Feb 2021 2.03% Cut from 2.04% to 2.03%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-03-10
28 Feb 2020 2.04% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-02-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Feb 2020 2.04% Raised from 1.05% to 2.04%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-03-11
28 Feb 2019 1.05% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-02-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Feb 2019 1.05% Cut from 2.10% to 1.05%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-03-12
28 Feb 2018 2.10% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-02-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Feb 2018 2.10% Raised from 2.08% to 2.10%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-03-14
28 Feb 2017 2.08% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-02-28 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
28 Feb 2017 2.08% Raised from 2.07% to 2.08%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2017-07-11
29 Feb 2016 2.07% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-02-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Feb 2016 2.07% Raised from 2.05% to 2.07%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2016-03-08
1 Mar 2015 2.05% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-03-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Mar 2015 2.05% Raised from 2.02% to 2.05%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2015-03-12
28 Feb 2014 2.02% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-02-28 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
16 Aug 2013 2.02% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-08-16 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2013 2.02% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2013 2.02% Raised from 2.01% to 2.02%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2013-02-08
28 Feb 2012 2.01% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-02-28 (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 2.02% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$2,366 in fees over 10 years

After fees, $10,000 grows to $13,347.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$207
3 years$640
5 years$1,098
10 years$2,366

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 16 prospectuses for this share class since 2012. Each one is listed above with a link to the filing.

How we read fees