Expense Ratio History

DRIPX expense ratio history

MP63 Fund

Fund company
Mp63
Type
Mutual fund

0.73%

In basis points
73 basis points
Yearly cost per $10,000
$73
Prospectus dated
30 June 2024, filed with the SEC; rounded to 0.01%
Last change
Raised from 0.72% on 30 June 2024

Fee over time

DRIPX expense ratio: 0.89% until 28 Jun 2012, then 0.88%; 0.88% until 1 Jul 2013, then 0.91%; 0.91% until 1 Jul 2014, then 0.77%; 0.77% until 30 Jun 2022, then 0.63%; 0.63% until 30 Jun 2023, then 0.72%; 0.72% until 30 Jun 2024, then 0.73%; read at 0.73% on 30 Jun 2024.0.00%0.50%1.00%1.50%Jun 2011Sep 2013Dec 2015Mar 2018Jun 2020Sep 20220.89% before0.73% from 30 Jun 2024
DRIPX expense ratio: 0.89% until 28 Jun 2012, then 0.88%; 0.88% until 1 Jul 2013, then 0.91%; 0.91% until 1 Jul 2014, then 0.77%; 0.77% until 30 Jun 2022, then 0.63%; 0.63% until 30 Jun 2023, then 0.72%; 0.72% until 30 Jun 2024, then 0.73%; read at 0.73% on 30 Jun 2024.0.00%0.50%1.00%1.50%Jun 2011Nov 2015Apr 20200.89% before0.73% from 30 Jun 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.

Every figure we've recorded

DateFeeWhat happened
30 Jun 2024 0.73% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-06-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Jun 2024 0.73% Raised from 0.72% to 0.73%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2024-06-27
30 Jun 2023 0.72% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-06-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Jun 2023 0.72% Raised from 0.63% to 0.72%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-06-28
30 Jun 2022 0.63% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-06-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Jun 2022 0.63% Cut from 0.77% to 0.63%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-06-27
1 Jul 2014 0.77% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-07-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jul 2014 0.77% Cut from 0.91% to 0.77%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2014-07-09
1 Jul 2013 0.91% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-07-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jul 2013 0.91% Raised from 0.88% to 0.91%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2013-07-19
28 Jun 2012 0.88% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-06-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Jun 2012 0.88% Cut from 0.89% to 0.88%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2012-07-27
30 Jun 2011 0.89% In the prospectusTotal annual fund operating expenses in the prospectus dated 2011-06-30 (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 0.73% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$909 in fees over 10 years

After fees, $10,000 grows to $15,165.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$75
3 years$234
5 years$407
10 years$909

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 2011. Each one is listed above with a link to the filing.

How we read fees