C000184032 Fees and Costs — Principal Active Global Dividend Income ETF
Data updated: 2021-02-05
The net expense ratio is 0.58%. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $423K in broker commissions, 0.0587% of average net assets, and portfolio turnover was 42%.
C000184032 Fees and Expenses
Annual operating expenses and sales charges of C000184032. Prospectus, as of October 31, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.58% |
| Fee waiver | — |
| Net expense ratio | 0.58% |
| 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 |
C000184032 Costs Over Time
On $10,000 invested in C000184032, assuming 5% a year before costs, total costs come to $402 over 5 years, cutting the return by 0.67% 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 0.58%) | $61 | $191 | $332 |
| Trading costs (broker commissions) | $6 | $19 | $34 |
| Lost growth on money paid in costs | $0 | $10 | $37 |
| Total costs | $67 | $220 | $402 |
| Value after costs | $10,433 | $11,356 | $12,360 |
| Impact on return, per year | 0.67% | 0.67% | 0.67% |
C000184032 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0587%
- Total broker commissions: $423K
- Bought from dealers (principal trades, not a cost): $280.5M
- Portfolio turnover (prospectus): 42%
- Securities on loan, average value: $4.5M
- Net income from securities lending: $54K (0.008% of average net assets)
C000184032 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Bofa Securities, Inc. | $48K | 17.96% |
| Goldman Sachs & Co. LLC | $35K | 12.98% |
| Pershing LLC | $32K | 11.79% |
| Credit Suisse Securities (USA) LLC | $30K | 11.13% |
| Citigroup Global Markets Inc. | $22K | 8.40% |
| National Financial Services LLC | $22K | 8.10% |
| Virtu Americas LLC | $22K | 8.08% |
| RBC Capital Markets, LLC | $19K | 7.28% |
| CLSA Americas, LLC | $19K | 7.26% |
| UBS Securities LLC | $19K | 7.01% |
C000184032 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $252.1M | 89.88% |
| J.P. Morgan Securities LLC | $23.1M | 8.23% |
| Credit Suisse Securities (USA) LLC | $2.7M | 0.98% |
| Virtu Americas LLC | $1.3M | 0.47% |
| Bofa Securities, Inc. | $1.3M | 0.45% |
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.