Expense Ratio History

SEVAX expense ratio history

Guggenheim SMid Cap Value Fund

Fund company
Guggenheim
Type
Mutual fund

1.20%

In basis points
120 basis points
Yearly cost per $10,000
$120
Prospectus dated
31 January 2024, filed with the SEC; rounded to 0.01%
Last change
Raised from 1.19% on 31 January 2024

Fee over time

SEVAX expense ratio: 1.37% until 1 Feb 2012, then 1.32%; 1.32% until 28 Jan 2013, then 1.52%; 1.52% until 28 Jan 2014, then 1.39%; 1.39% until 28 Jan 2016, then 1.42%; 1.42% until 30 Jan 2017, then 1.40%; 1.40% until 31 Jan 2018, then 1.24%; 1.24% until 29 Jan 2019, then 1.26%; 1.26% until 31 Jan 2020, then 1.23%; 1.23% until 31 Jan 2021, then 1.25%; 1.25% until 31 Jan 2022, then 1.20%; 1.20% until 31 Jan 2023, then 1.19%; 1.19% until 31 Jan 2024, then 1.20%; read at 1.20% on 31 Jan 2024.0.00%0.50%1.00%1.50%2.00%Feb 2011May 2013Aug 2015Nov 2017Feb 2020May 20221.37% before1.20% from 31 Jan 2024
SEVAX expense ratio: 1.37% until 1 Feb 2012, then 1.32%; 1.32% until 28 Jan 2013, then 1.52%; 1.52% until 28 Jan 2014, then 1.39%; 1.39% until 28 Jan 2016, then 1.42%; 1.42% until 30 Jan 2017, then 1.40%; 1.40% until 31 Jan 2018, then 1.24%; 1.24% until 29 Jan 2019, then 1.26%; 1.26% until 31 Jan 2020, then 1.23%; 1.23% until 31 Jan 2021, then 1.25%; 1.25% until 31 Jan 2022, then 1.20%; 1.20% until 31 Jan 2023, then 1.19%; 1.19% until 31 Jan 2024, then 1.20%; read at 1.20% on 31 Jan 2024.0.00%0.50%1.00%1.50%2.00%Feb 2011Jul 2015Dec 20191.37% before1.20% from 31 Jan 2024
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 6 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
SEVAX (this page) A 1.20% 1.15% 31 Jan 2024
— — 2.23% — 28 Jan 2015
SEVSX C 2.10% 2.02% 31 Jan 2024
SEVPX P 1.27% 1.24% 31 Jan 2024
SVUIX Institutional 0.98% 0.94% 31 Jan 2024
— R6 0.98% 0.94% 31 Jan 2024

Every figure we've recorded

DateFeeWhat happened
31 Jan 2024 1.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-01-31 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
31 Jan 2024 1.20% Raised from 1.19% to 1.20%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2024-02-02
1 Feb 2023 1.19% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-02-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
31 Jan 2023 1.19% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-01-31 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
31 Jan 2023 1.19% Cut from 1.20% to 1.19%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2023-05-26
31 Jan 2022 1.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-01-31 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
31 Jan 2022 1.20% Cut from 1.25% to 1.20%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2022-02-04
31 Jan 2021 1.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2021 1.25% Raised from 1.23% to 1.25%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-01-28
31 Jan 2020 1.23% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2020 1.23% Cut from 1.26% to 1.23%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-02-24
31 Jan 2019 1.26% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-01-31 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
29 Jan 2019 1.26% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-01-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Jan 2019 1.26% Raised from 1.24% to 1.26%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-02-22
5 Feb 2018 1.24% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-02-05 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
31 Jan 2018 1.24% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-01-31 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
31 Jan 2018 1.24% Cut from 1.40% to 1.24%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2018-08-27
10 Apr 2017 1.40% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-04-10 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Jan 2017 1.40% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-01-30 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
30 Jan 2017 1.40% Cut from 1.42% to 1.40%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2017-02-17
29 Apr 2016 1.42% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-04-29 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
28 Jan 2016 1.42% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-01-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Jan 2016 1.42% Raised from 1.39% to 1.42%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2016-02-16
28 Jan 2015 1.39% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-01-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Jan 2014 1.39% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-01-28 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
28 Jan 2014 1.39% Cut from 1.52% to 1.39%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2014-02-21
1 Feb 2013 1.52% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-02-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
28 Jan 2013 1.52% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-01-28 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
28 Jan 2013 1.52% Raised from 1.32% to 1.52%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2013-04-10
1 Feb 2012 1.32% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2012 1.32% Cut from 1.37% to 1.32%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2012-03-15
10 May 2011 1.37% In the prospectusTotal annual fund operating expenses in the prospectus dated 2011-05-10 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Feb 2011 1.37% In the prospectusTotal annual fund operating expenses in the prospectus dated 2011-02-01 (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 1.20% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,461 in fees over 10 years

After fees, $10,000 grows to $14,478.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$123
3 years$383
5 years$663
10 years$1,461

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 21 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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