Expense Ratio History

HDSVX expense ratio history

Hodges Small Intrinsic Value Fund, Retail Class

Fund company
Professionally Managed Portfolios
Type
Mutual fund

1.78%

In basis points
178 basis points
Yearly cost per $10,000
$178
Prospectus dated
29 July 2023, filed with the SEC; rounded to 0.01%
Last change
Cut from 2.05% on 29 July 2023

Fee over time

HDSVX expense ratio: 1.78% until 29 Jul 2014, then 11.41%; 11.41% until 29 Jul 2015, then 1.99%; 1.99% until 29 Jul 2016, then 1.43%; 1.43% until 29 Jul 2017, then 1.40%; 1.40% until 29 Jul 2018, then 1.38%; 1.38% until 29 Jul 2019, then 1.50%; 1.50% until 29 Jul 2020, then 2.43%; 2.43% until 29 Jul 2021, then 2.48%; 2.48% until 29 Jul 2022, then 2.05%; 2.05% until 29 Jul 2023, then 1.78%; read at 1.78% on 29 Jul 2023.0.00%5.00%10.00%15.00%Dec 2013Aug 2015Apr 2017Dec 2018Aug 2020Apr 20221.78% before1.78% from 29 Jul 2023
HDSVX expense ratio: 1.78% until 29 Jul 2014, then 11.41%; 11.41% until 29 Jul 2015, then 1.99%; 1.99% until 29 Jul 2016, then 1.43%; 1.43% until 29 Jul 2017, then 1.40%; 1.40% until 29 Jul 2018, then 1.38%; 1.38% until 29 Jul 2019, then 1.50%; 1.50% until 29 Jul 2020, then 2.43%; 2.43% until 29 Jul 2021, then 2.48%; 2.48% until 29 Jul 2022, then 2.05%; 2.05% until 29 Jul 2023, then 1.78%; read at 1.78% on 29 Jul 2023.0.00%5.00%10.00%15.00%Dec 2013Apr 2017Aug 20201.78% before1.78% from 29 Jul 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.

Every figure we've recorded

DateFeeWhat happened
29 Jul 2023 1.78% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-07-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Jul 2023 1.78% Cut from 2.05% to 1.78%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-07-21
29 Jul 2022 2.05% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-07-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Jul 2022 2.05% Cut from 2.48% to 2.05%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-07-25
29 Jul 2021 2.48% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-07-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Jul 2021 2.48% Raised from 2.43% to 2.48%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-07-28
29 Jul 2020 2.43% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-07-29 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
29 Jul 2020 2.43% Raised from 1.50% to 2.43%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2020-09-15
29 Jul 2019 1.50% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-07-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Jul 2019 1.50% Raised from 1.38% to 1.50%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-08-16
29 Jul 2018 1.38% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-07-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Jul 2018 1.38% Cut from 1.40% to 1.38%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-08-08
29 Jul 2017 1.40% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-07-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Jul 2017 1.40% Cut from 1.43% to 1.40%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2017-08-04
29 Jul 2016 1.43% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-07-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Jul 2016 1.43% Cut from 1.99% to 1.43%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2016-08-08
29 Jul 2015 1.99% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-07-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Jul 2015 1.99% Cut from 11.41% to 1.99%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2015-08-10
29 Jul 2014 11.41% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-07-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Jul 2014 11.41% Raised from 1.78% to 11.41%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2014-08-11
26 Dec 2013 1.78% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-12-26 (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 1.78% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$2,109 in fees over 10 years

After fees, $10,000 grows to $13,670.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$182
3 years$565
5 years$972
10 years$2,109

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 11 prospectuses for this share class since 2013. Each one is listed above with a link to the filing.

How we read fees

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