Expense Ratio History

CZOVX expense ratio history

Zacks All-Cap Core Fund, Institutional Class

Fund company
Investment Managers Series
Type
Mutual fund

1.14%

In basis points
114 basis points
Yearly cost per $10,000
$114
Prospectus dated
1 April 2023, filed with the SEC; rounded to 0.01%
Last change
Cut from 1.22% on 1 April 2022

Fee over time

CZOVX expense ratio: 2.25% until 1 Apr 2012, then 2.03%; 2.03% until 1 Apr 2013, then 2.04%; 2.04% until 1 Apr 2014, then 1.86%; 1.86% until 1 Apr 2015, then 1.78%; 1.78% until 1 Apr 2016, then 1.76%; 1.76% until 1 Apr 2017, then 1.67%; 1.67% until 1 Apr 2018, then 1.41%; 1.41% until 1 Apr 2019, then 1.36%; 1.36% until 1 Apr 2020, then 1.28%; 1.28% until 1 Apr 2021, then 1.22%; 1.22% until 1 Apr 2022, then 1.14%; read at 1.14% on 1 Apr 2023.0.00%1.00%2.00%3.00%Apr 2011May 2013Jun 2015Jul 2017Aug 2019Sep 20212.25% before1.14% from 1 Apr 2022
CZOVX expense ratio: 2.25% until 1 Apr 2012, then 2.03%; 2.03% until 1 Apr 2013, then 2.04%; 2.04% until 1 Apr 2014, then 1.86%; 1.86% until 1 Apr 2015, then 1.78%; 1.78% until 1 Apr 2016, then 1.76%; 1.76% until 1 Apr 2017, then 1.67%; 1.67% until 1 Apr 2018, then 1.41%; 1.41% until 1 Apr 2019, then 1.36%; 1.36% until 1 Apr 2020, then 1.28%; 1.28% until 1 Apr 2021, then 1.22%; 1.22% until 1 Apr 2022, then 1.14%; read at 1.14% on 1 Apr 2023.0.00%1.00%2.00%3.00%Apr 2011May 2015Jun 20192.25% before1.14% from 1 Apr 2022
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
— — 2.41% 2.30% 1 Apr 2018
CZOVX (this page) Institutional Class 1.14% 1.00% 1 Apr 2023

Every figure we've recorded

DateFeeWhat happened
1 Apr 2023 1.14% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-04-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Apr 2022 1.14% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-04-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Apr 2022 1.14% Cut from 1.22% to 1.14%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-03-25
1 Apr 2021 1.22% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-04-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Apr 2021 1.22% Cut from 1.28% to 1.22%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2021-04-05
1 Apr 2020 1.28% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-04-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Apr 2020 1.28% Cut from 1.36% to 1.28%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-04-16
1 Apr 2019 1.36% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-04-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Apr 2019 1.36% Cut from 1.41% to 1.36%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-04-11
1 Apr 2018 1.41% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-04-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Apr 2018 1.41% Cut from 1.67% to 1.41%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2018-04-18
1 Apr 2017 1.67% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-04-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Apr 2017 1.67% Cut from 1.76% to 1.67%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2017-10-11
1 Apr 2016 1.76% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-04-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Apr 2016 1.76% Cut from 1.78% to 1.76%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2016-10-17
1 Apr 2015 1.78% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-04-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Apr 2015 1.78% Cut from 1.86% to 1.78%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2015-04-13
1 Apr 2014 1.86% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-04-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Apr 2014 1.86% Cut from 2.04% to 1.86%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2014-04-15
1 Apr 2013 2.04% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-04-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Apr 2013 2.04% Raised from 2.03% to 2.04%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2013-04-17
1 Apr 2012 2.03% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-04-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Apr 2012 2.03% Cut from 2.25% to 2.03%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2012-04-13
1 Apr 2011 2.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2011-04-01 (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 1.14% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,392 in fees over 10 years

After fees, $10,000 grows to $14,564.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$117
3 years$364
5 years$631
10 years$1,392

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 13 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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