PVSNX expense ratio history

Penn Capital Enterprise Value Small Cap Equity Fund, Institutional Class

Fund company: RBB
Type: Mutual fund

Expense ratio: 1.25%

In basis points: 125 basis points
Yearly cost per $10,000: $125
Prospectus dated: 31 December 2022, filed with the SEC; rounded to 0.01%
Last change: Cut from 5.40% on 31 October 2021

Fee over time

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

Date	Fee	What happened
31 Dec 2022	1.25%	In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-12-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Oct 2021	1.25%	In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-10-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Oct 2021	1.25%	Cut from 5.40% to 1.25%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-10-29
31 Oct 2020	5.40%	In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-10-31 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
31 Oct 2019	5.40%	In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-10-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Oct 2018	5.40%	In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-10-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Oct 2017	5.40%	In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-10-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
17 Jul 2017	5.40%	In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-07-17 (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 1.25% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

Amount invested ($)

Years

Yearly return (%)

Compare with

$1,518 in fees over 10 years

After fees, $10,000 grows to $14,407.

Fees paid on $10,000 at 5% a year
After	Fees paid
1 year	$128
3 years	$399
5 years	$690
10 years	$1,518

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 2017. Each one is listed above with a link to the filing.

How we read fees

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