AVMA Fees and Costs — Avantis Moderate Allocation ETF
Data updated: 2026-07-31
The net expense ratio is 0.21%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $79 in broker commissions, 0.0010% of average net assets, and portfolio turnover was 0%.
AVMA Fees and Expenses
Annual operating expenses and sales charges of AVMA. Prospectus, as of January 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.03% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.21% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.21% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
AVMA Costs Over Time
On $10,000 invested in AVMA, assuming 5% a year before costs, total costs come to $134 over 5 years, cutting the return by 0.22% 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 0.21%) | $22 | $69 | $121 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $3 | $12 |
| Total costs | $22 | $73 | $134 |
| Value after costs | $10,478 | $11,503 | $12,629 |
| Impact on return, per year | 0.22% | 0.22% | 0.22% |
AVMA Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0010%
- Total broker commissions: $79
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
AVMA Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citadel Securities CSHC US LLC | $33 | 42.06% |
| Bank of America Merrill Lynch | $25 | 31.25% |
| Old Mission Markets, LLC | $12 | 15.12% |
| Sanford C. Bernstein | $6 | 8.18% |
| Jefferies LLC | $2 | 2.34% |
| J.P. Morgan Securities | $1 | 1.05% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.