AAAC Fees and Costs — Columbia AAA CLO ETF
Data updated: 2026-08-28
The net expense ratio is 0.20%. There are no sales loads or redemption fees. Portfolio turnover was 5%.
AAAC Fees and Expenses
Annual operating expenses and sales charges of AAAC. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.20% |
| Fee waiver | — |
| Net expense ratio | 0.20% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
AAAC Costs Over Time
On $10,000 invested in AAAC, assuming 5% a year before costs, total costs come to $127 over 5 years, cutting the return by 0.21% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.20%) | $21 | $66 | $116 |
| Lost growth on money paid in costs | $0 | $3 | $12 |
| Total costs | $21 | $69 | $127 |
| Value after costs | $10,479 | $11,507 | $12,636 |
| Impact on return, per year | 0.21% | 0.21% | 0.21% |
AAAC Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $20.8M
- Portfolio turnover (prospectus): 5%
- Securities lending: none during the year
AAAC Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $10.5M | 50.92% |
| Morgan Stanley & Co. LLC | $2.8M | 13.41% |
| J.P. Morgan Securities LLC | $2.1M | 10.33% |
| RBC Capital Markets, LLC | $1.4M | 6.82% |
| Goldman Sachs & Co. LLC | $1.1M | 5.59% |
| Wells Fargo Securities, LLC | $751K | 3.66% |
| Citigroup Global Markets Inc. | $502K | 2.44% |
| Stonex Financial Inc. | $501K | 2.44% |
| BNP Paribas Securities Corp. | $500K | 2.44% |
| Natixis Securities Americas LLC | $401K | 1.95% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.