BGDV Fees and Costs — Bahl & Gaynor Dividend ETF
Data updated: 2026-08-28
The net expense ratio is 0.45%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $129K in broker commissions, 0.0192% of average net assets, and portfolio turnover was 32%.
BGDV Fees and Expenses
Annual operating expenses and sales charges of BGDV. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.45% |
| Fee waiver | — |
| Net expense ratio | 0.45% |
| 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 |
BGDV Costs Over Time
On $10,000 invested in BGDV, assuming 5% a year before costs, total costs come to $297 over 5 years, cutting the return by 0.49% 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 0.45%) | $47 | $148 | $259 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $8 | $27 |
| Total costs | $49 | $162 | $297 |
| Value after costs | $10,451 | $11,414 | $12,466 |
| Impact on return, per year | 0.49% | 0.49% | 0.49% |
BGDV Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0192%
- Total broker commissions: $129K
- Bought from dealers (principal trades, not a cost): $35.2M
- Portfolio turnover (prospectus): 32%
- Securities lending: none during the year
BGDV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $41K | 31.84% |
| RBC CAPITAL MARKETS, LLC | $31K | 23.70% |
| JEFFERIES LLC | $22K | 17.34% |
| BTIG, LLC | $19K | 15.01% |
| PERSHING LLC | $7K | 5.55% |
| RAYMOND JAMES & ASSOCIATES, INC. | $7K | 5.10% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $1K | 1.15% |
| CAPITAL INSTITUTIONAL SERVICES, INC. | $400 | 0.31% |
BGDV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| U.S. BANCORP INVESTMENTS INC. | $35.2M | 100.00% |
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.