BLUI Fees and Costs — Bluemonte Diversified Income ETF
Data updated: 2026-09-28
The net expense ratio is 0.67% (0.72% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $20K in broker commissions, 0.0238% of average net assets, and portfolio turnover was 41%.
BLUI Fees and Expenses
Annual operating expenses and sales charges of BLUI. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.72% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.67% |
| 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 |
BLUI Costs Over Time
On $10,000 invested in BLUI, assuming 5% a year before costs, total costs come to $437 over 5 years, cutting the return by 0.73% 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 0.67%) | $70 | $220 | $383 |
| Trading costs (broker commissions) | $2 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $73 | $239 | $437 |
| Value after costs | $10,427 | $11,337 | $12,326 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
BLUI Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0238%
- Total broker commissions: $20K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 41%
- Securities lending: none during the year
BLUI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MISCHLER FINANCIAL | $20K | 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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.