C000195607 Fees and Costs — CBOE Vest S&P 500 Dividend Aristocrats Target Income ETF
Data updated: 2021-03-30
The net expense ratio is 0.75%. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $15K in broker commissions, 0.0278% of average net assets, and portfolio turnover was 83%.
C000195607 Fees and Expenses
Annual operating expenses and sales charges of C000195607. Prospectus, as of February 29, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| 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 |
C000195607 Costs Over Time
On $10,000 invested in C000195607, assuming 5% a year before costs, total costs come to $489 over 5 years, cutting the return by 0.82% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $3 | $9 | $16 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $82 | $268 | $489 |
| Value after costs | $10,418 | $11,308 | $12,274 |
| Impact on return, per year | 0.82% | 0.82% | 0.82% |
C000195607 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0278%
- Total broker commissions: $15K
- Bought from dealers (principal trades, not a cost): $2.9M
- Portfolio turnover (prospectus): 83%
- Securities lending: none during the year
C000195607 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SG AMERICAS SECURITIES, LLC | $15K | 99.99% |
| COWEN AND COMPANY, LLC | $1 | 0.01% |
C000195607 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| SG AMERICAS SECURITIES, LLC | $2.9M | 99.25% |
| COWEN AND COMPANY, LLC | $22K | 0.75% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.