BAMU Fees and Costs — Brookstone Ultra-Short Bond ETF
Data updated: 2026-09-24
The net expense ratio is 1.00%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $13K in broker commissions, 0.0182% of average net assets, and portfolio turnover was 21%.
BAMU Fees and Expenses
Annual operating expenses and sales charges of BAMU. Prospectus, as of September 24, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.25% |
| Gross expense ratio | 1.00% |
| Fee waiver | — |
| Net expense ratio | 1.00% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
BAMU Costs Over Time
On $10,000 invested in BAMU, assuming 5% a year before costs, total costs come to $637 over 5 years, cutting the return by 1.07% 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 1.00%) | $105 | $328 | $568 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $17 | $58 |
| Total costs | $107 | $350 | $637 |
| Value after costs | $10,393 | $11,226 | $12,126 |
| Impact on return, per year | 1.07% | 1.07% | 1.07% |
BAMU Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0182%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): $45.9M
- Portfolio turnover (prospectus): 21%
- Securities lending: none during the year
BAMU Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GTS Securities, LLC | $13K | 100.00% |
BAMU Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS | $29.6M | 64.49% |
| JPMORGAN CHASE | $10.8M | 23.49% |
| VIRTU FINANCIAL | $4.0M | 8.74% |
| BANK OF AMERICA MERRILL LYNCH | $1.5M | 3.28% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.