BKUS Fees and Costs — BNY Mellon Sustainable US Equity ETF
Data updated: 2024-03-21
The net expense ratio is 0.50% (0.60% before fee waivers). There are no sales loads or redemption fees. In fiscal 2023 the fund paid $381 in broker commissions, 0.0045% of average net assets, and portfolio turnover was 29%.
BKUS Fees and Expenses
Annual operating expenses and sales charges of BKUS. Prospectus, as of September 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.60% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.50% |
| 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 |
BKUS Costs Over Time
On $10,000 invested in BKUS, assuming 5% a year before costs, total costs come to $319 over 5 years, cutting the return by 0.53% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $0 | $1 | $3 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $53 | $174 | $319 |
| Value after costs | $10,447 | $11,402 | $12,444 |
| Impact on return, per year | 0.53% | 0.53% | 0.53% |
BKUS Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0045%
- Total broker commissions: $381
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 29%
- Securities lending: none during the year
BKUS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| LIQUIDNET, INC. | $109 | 28.61% |
| J.P. Morgan Securities LLC | $73 | 19.16% |
| MORGAN STANLEY & CO. LLC | $63 | 16.54% |
| UBS Securities LLC | $45 | 11.81% |
| Cowen and Company, LLC | $33 | 8.66% |
| VIRTU AMERICAS LLC | $32 | 8.40% |
| BOFA SECURITIES, INC. | $14 | 3.67% |
| CITIGROUP GLOBAL MARKETS INC. | $10 | 2.62% |
| CREDIT SUISSE SECURITIES (USA) LLC | $2 | 0.52% |
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.