Expense Ratio History

PTAAX expense ratio history

Princeton Long/Short Treasury Fund, Princeton Long/Short Treasury Fund Class A shares

Fund company
Northern Trust
Type
Mutual fund

2.72%

In basis points
272 basis points
Yearly cost per $10,000
$272
Prospectus dated
1 May 2023, filed with the SEC; rounded to 0.01%
Last change
Cut from 3.11% on 1 May 2023

Fee over time

PTAAX expense ratio: 1.93% until 1 May 2018, then 1.81%; 1.81% until 1 May 2019, then 1.85%; 1.85% until 1 May 2020, then 2.34%; 2.34% until 30 Apr 2021, then 2.74%; 2.74% until 1 May 2022, then 3.11%; 3.11% until 1 May 2023, then 2.72%; read at 2.72% on 1 May 2023.0.00%2.00%4.00%6.00%Dec 2016Feb 2018Apr 2019Jun 2020Aug 2021Oct 20221.93% before2.72% from 1 May 2023
PTAAX expense ratio: 1.93% until 1 May 2018, then 1.81%; 1.81% until 1 May 2019, then 1.85%; 1.85% until 1 May 2020, then 2.34%; 2.34% until 30 Apr 2021, then 2.74%; 2.74% until 1 May 2022, then 3.11%; 3.11% until 1 May 2023, then 2.72%; read at 2.72% on 1 May 2023.0.00%2.00%4.00%6.00%Dec 2016Mar 2019Jun 20211.93% before2.72% from 1 May 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 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
PTAAX (this page) Princeton Long/Short Treasury Fund Class A shares 2.72% 1.85% 1 May 2023
— Princeton Long/Short Treasury Fund Class C shares 2.68% 2.51% 14 Dec 2016
PTAIX Princeton Long/Short Treasury Fund Class I shares 2.47% 1.60% 1 May 2023

Every figure we've recorded

DateFeeWhat happened
1 May 2023 2.72% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-05-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 May 2023 2.72% Cut from 3.11% to 2.72%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-04-26
1 May 2022 3.11% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-05-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 May 2022 3.11% Raised from 2.74% to 3.11%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-04-28
30 Apr 2021 2.74% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-04-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Apr 2021 2.74% Raised from 2.34% to 2.74%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-05-06
1 May 2020 2.34% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-05-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 May 2020 2.34% Raised from 1.85% to 2.34%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-05-04
1 May 2019 1.85% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-05-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 May 2019 1.85% Raised from 1.81% to 1.85%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-04-24
1 May 2018 1.81% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-05-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 May 2018 1.81% Cut from 1.93% to 1.81%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2018-05-08
14 Dec 2016 1.93% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-12-14 (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 2.72% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$3,083 in fees over 10 years

After fees, $10,000 grows to $12,446.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$279
3 years$855
5 years$1,457
10 years$3,083

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 7 prospectuses for this share class since 2016. Each one is listed above with a link to the filing.

How we read fees

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