BKLC Fees and Costs — BNY Mellon US Large Cap Core Equity ETF
Data updated: 2026-09-24
The net expense ratio is 0.00%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $6K in broker commissions, 0.0002% of average net assets, and portfolio turnover was 2%.
BKLC Fees and Expenses
Annual operating expenses and sales charges of BKLC. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.00% |
| Fee waiver | — |
| Net expense ratio | 0.00% |
| 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 |
BKLC Costs Over Time
On $10,000 invested in BKLC, assuming 5% a year before costs, total costs come to $0 over 5 years, cutting the return by 0.00% 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 0.00%) | $0 | $0 | $0 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $0 | $0 |
| Total costs | $0 | $0 | $0 |
| Value after costs | $10,500 | $11,576 | $12,763 |
| Impact on return, per year | 0.00% | 0.00% | 0.00% |
BKLC Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0002%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $3.3B
- Portfolio turnover (prospectus): 2%
- Securities on loan, average value: $19.3M
- Net income from securities lending: $97K (0.003% of average net assets)
BKLC Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| VIRTU ITG LLC | $2K | 25.94% |
| J.P. MORGAN SECURITIES LLC | $2K | 24.93% |
| CITIGROUP GLOBAL MARKETS INC. | $1K | 17.40% |
| FLOW TRADERS U.S. INSTITUTIONAL TRADING LLC | $1K | 16.52% |
| GOLDMAN SACHS & CO. LLC | $583 | 9.15% |
| MORGAN STANLEY & CO. LLC | $232 | 3.64% |
| BOFA SECURITIES, INC. | $55 | 0.86% |
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $48 | 0.75% |
| RBC CAPITAL MARKETS, LLC | $33 | 0.52% |
| UBS FINANCIAL SERVICES, INC. | $18 | 0.28% |
BKLC Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| VIRTU AMERICAS LLC | $1.5B | 45.27% |
| BOFA SECURITIES, INC. | $1.0B | 30.83% |
| RBC CAPITAL MARKETS, LLC | $320.7M | 9.62% |
| Jane Street Execution Services, LLC | $237.3M | 7.12% |
| GOLDMAN SACHS & CO. LLC | $204.6M | 6.14% |
| J.P. Morgan Securities LLC | $24.2M | 0.73% |
| CitiGroup Global Markets Inc. | $10.1M | 0.30% |
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.