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Bridgeway raises annual fund operating expenses for five of its funds
By Susanna Moon
Chicago, April 2 - Bridgeway Funds, Inc. raised the annual fund operating expenses for five of its funds, according to a 497 filing with the Securities and Exchange Commission.
The funds affected by the changes are Ultra-Small Company Fund (BRUSX), Ultra-Small Company Market Fund (BRSIX), Micro-Cap Limited Fund (BRMCX), Small-Cap Momentum Fund (BRSMX) and Small-Cap Value Fund (BRSVX).
There still are no sales charges associated with these funds.
The management fees are now 0.90%, up from 0.31%; the acquired fund fees and expenses are 0.13%, up from none; and other expenses are now 0.28%, down from 0.39%. The total annual fund operating expenses are 1.31%, up from 0.70%.
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