C000142873 Fees and Costs — AdvisorShares Pacific Asset Enhanced Floating Rate ETF
Data updated: 2019-11-21
The net expense ratio is 1.13% (1.66% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 70%.
C000142873 Fees and Expenses
Annual operating expenses and sales charges of C000142873. Prospectus, as of October 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.68% |
| Gross expense ratio | 1.66% |
| Fee waiver | −0.53% |
| Net expense ratio | 1.13% |
| 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 | Yes |
C000142873 Costs Over Time
On $10,000 invested in C000142873, assuming 5% a year before costs, total costs come to $705 over 5 years, cutting the return by 1.19% 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 1.13%) | $119 | $370 | $640 |
| Lost growth on money paid in costs | $0 | $18 | $65 |
| Total costs | $119 | $388 | $705 |
| Value after costs | $10,381 | $11,188 | $12,058 |
| Impact on return, per year | 1.19% | 1.19% | 1.19% |
C000142873 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2019.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $12.9M
- Portfolio turnover (prospectus): 70%
- Securities on loan, average value: $215K
- Net income from securities lending: $2K (0.007% of average net assets)
C000142873 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $3.0M | 23.31% |
| CREDIT SUISSE SECURITIES (USA) LLC | $2.2M | 17.24% |
| MORGAN STANLEY & CO. LLC | $2.2M | 16.98% |
| BOFA SECURITIES, INC. | $1.5M | 11.42% |
| BARCLAYS CAPITAL, INC. | $1.0M | 8.01% |
| GOLDMAN SACHS & CO. LLC | $989K | 7.67% |
| DEUTSCHE BANK SECURITIES, INC. | $978K | 7.58% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $492K | 3.82% |
| UBS SECURITIES LLC | $386K | 2.99% |
| BNY MELLON CAPITAL MARKETS, LLC | $127K | 0.99% |
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.