Fees and Expenses - Rational Premium Income Fund
|
Dec. 31, 2025
USD ($)
|
| Prospectus [Line Items] |
|
| Expense Heading [Optional Text] |
Fees
and Expenses of the Fund:
|
| Expense Narrative [Text Block] |
This table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund.
You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the table
and Example below. You may qualify for sales charge discounts on purchases of Class A shares if you and your family invest, or agree
to invest in the future, at least $50,000 in the Fund. More information about these and other discounts is available from your financial
professional and is included in the sections of the Funds Prospectus entitled How to Buy Shares on page 44 and Appendix
A - Intermediary-Specific Sales Charge Reductions and Waivers, and in the sections of the Funds Statement of Additional Information
(SAI) entitled Waivers and Reductions of Up-Front Sales Charge on Class A Shares on page 63.
|
| Expense Breakpoint Discounts [Text] |
You may qualify for sales charge discounts on purchases of Class A shares if you and your family invest, or agree
to invest in the future, at least $50,000 in the Fund.
|
| Expense Breakpoint, Minimum Investment Required [Amount] |
$ 50,000
|
| Other Expenses, New Fund, Based on Estimates [Text] |
Other
Expenses have been restated to reflect current fees.
|
| Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] |
The operating expenses in this fee table will
not correlate to the expense ratio in the Funds financial highlights because the financial statements include only the direct
operating expenses incurred by the Fund, not the indirect costs of investing in other investment companies.
|
| Shareholder Fees Caption [Optional Text] |
Shareholder Fees (fees paid directly from your investment)
|
| Shareholder Fees [Table] |
Shareholder
Fees
(fees paid directly from your investment) |
Institutional
Shares |
Class
A Shares |
Class
C Shares |
| Maximum
Sales Charge (Load) Imposed on Purchases (as a percentage of offering price) |
None |
4.75% |
None |
| Maximum
Deferred Sales Charge (Load) (as a percentage of the lesser of original purchase price or the net asset value of shares at the time
of redemption) |
None |
None(1) |
1.00%(2) |
| Maximum
Sales Charge (Load) Imposed on Reinvested Dividends and other Distributions |
None |
None |
None |
| Redemption
Fee |
None |
None |
None |
| Exchange
Fee |
None |
None |
None |
|
| Operating Expenses Caption [Optional Text] |
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
|
| Annual Fund Operating Expenses [Table] |
Annual
Fund Operating Expenses
(expenses that you pay each year as a percentage of the value of your investment) |
Institutional
Shares |
Class
A Shares |
Class
C Shares |
| Management
Fees |
1.75% |
1.75% |
1.75% |
| Distribution
(12b-1) Fees |
None |
0.25% |
1.00% |
| Other
Expenses (including shareholder services
fee of up to 0.25%)(3) |
0.53% |
0.53% |
0.45% |
| Interest/Dividend
Expense |
0.01% |
0.01% |
0.01% |
| Remaining
Other Expenses |
0.52% |
0.52% |
0.44% |
| Acquired
Fund Fees and Expenses(4) |
0.04% |
0.04% |
0.04% |
| Total
Annual Fund Operating Expenses |
2.32% |
2.57% |
3.24% |
| Fee
Waivers and/or Expense Reimbursements(5) |
(0.28)% |
(0.28)% |
(0.20)% |
| Total
Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements(5) |
2.04% |
2.29% |
3.04% |
| (1) | In
the case of investments of $1 million or more (where you do not pay an initial sales charge and the selling broker receives a commission),
a 1.00% contingent deferred sales charge (CDSC) may be assessed on shares redeemed within two years of purchase. |
| (2) | Maximum
Deferred Sales Charge on Class C shares applies to shares sold within 12 months of purchase. |
| (3) | Other
Expenses have been restated to reflect current fees. |
| (4) | Acquired
Fund Fees and Expenses are the indirect costs of investing in other investment companies. The operating expenses in this fee table will
not correlate to the expense ratio in the Funds financial highlights because the financial statements include only the direct
operating expenses incurred by the Fund, not the indirect costs of investing in other investment companies. |
| (5) | The
Funds investment adviser, Rational Advisors, Inc. (the Advisor) has contractually agreed to waive all or a portion
of its management fee and/or reimburse certain operating expenses of the Fund to the extent necessary in order to limit the Funds
total annual fund operating expenses (excluding (i) acquired fund fees and expenses; (ii) brokerage commissions and trading costs;
(iii) interest (including borrowing costs and overdraft charges), (iv) taxes, (v) short sale dividends and interest expenses, and (vi)
non-routine or extraordinary expenses, such as regulatory inquiry and litigation expenses) to not more than 1.99%, 2.24% and 2.99% of
the average daily net assets of the Funds Institutional, Class A, and Class C shares, respectively, through April 30, 2027. This
arrangement may only be terminated prior to this date with the agreement of the Funds Board of Trustees. Under certain conditions,
the Advisor may recoup management fees that it waived or Fund expenses that it paid under this agreement for a period of three years
from the date the fees were waived or expenses paid, if the recoupment can be achieved without causing the expense ratio of the share
class (after the recoupment is taken into account) to exceed (i) the expense limit in effect at the time the fees were waived or expenses
paid, or (ii) the expense limit in place at the time of the recoupment. |
|
| Expense Example [Heading] |
Example:
|
| Expense Example Narrative [Text Block] |
This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.
|
| Expense Example by, Year, Caption [Text] |
The
Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem (or you hold, as applicable) all your
shares at the end of those periods. The Example also assumes that your investment has a 5% return each year, the Funds operating
expenses remain the same, and the expense reduction/reimbursement remains in place for the contractual period only. Although your actual
costs may be higher or lower, based on these assumptions your costs would be:
|
| Expense Example, With Redemption [Table] |
| |
1
Year |
3
Years |
5
Years |
10
Years |
| Institutional
Shares |
$
207 |
$
698 |
$
1,215 |
$
2,634 |
| Class
A Shares |
$
696 |
$1,211 |
$
1,752 |
$
3,222 |
| Class
C Shares – no redemption |
$
307 |
$
979 |
$
1,676 |
$
3,526 |
| Class
C Shares – with redemption |
$
407 |
$
979 |
$
1,676 |
$
3,526 |
|
| Expense Example, No Redemption [Table] |
| |
1
Year |
3
Years |
5
Years |
10
Years |
| Institutional
Shares |
$
207 |
$
698 |
$
1,215 |
$
2,634 |
| Class
A Shares |
$
696 |
$1,211 |
$
1,752 |
$
3,222 |
| Class
C Shares |
$
307 |
$
979 |
$
1,676 |
$
3,526 |
|
| Portfolio Turnover [Heading] |
Portfolio
Turnover:
|
| Portfolio Turnover [Text Block] |
The Fund pays transaction costs, such as commissions, when it buys and sells securities (or turns over its portfolio).
A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a
taxable account. These costs, which are not reflected in annual fund operating expenses or in the Example, affect the Funds performance.
During the most recent fiscal year, the Funds portfolio turnover rate was 0% of the average value of its portfolio.
|
| Portfolio Turnover, Rate |
none
|