C000207671 Fees and Costs — Western Asset Short Duration Income ETF
Data updated: 2025-08-25
The net expense ratio is 0.29%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $526 in broker commissions, 0.0044% of average net assets, and portfolio turnover was 63%.
C000207671 Fees and Expenses
Annual operating expenses and sales charges of C000207671. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.29% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.29% |
| Fee waiver | — |
| Net expense ratio | 0.29% |
| 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 |
C000207671 Costs Over Time
On $10,000 invested in C000207671, assuming 5% a year before costs, total costs come to $187 over 5 years, cutting the return by 0.31% 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 0.29%) | $30 | $96 | $167 |
| Trading costs (broker commissions) | $0 | $1 | $3 |
| Lost growth on money paid in costs | $0 | $5 | $17 |
| Total costs | $31 | $102 | $187 |
| Value after costs | $10,469 | $11,474 | $12,576 |
| Impact on return, per year | 0.31% | 0.31% | 0.31% |
C000207671 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0044%
- Total broker commissions: $526
- Bought from dealers (principal trades, not a cost): $22.1M
- Portfolio turnover (prospectus): 63%
- Securities lending: none during the year
C000207671 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $97 | 19.31% |
| GOLDMAN SACHS & CO. LLC | $90 | 17.93% |
| JEFFERIES LLC | $76 | 15.17% |
| WELLS FARGO SECURITIES, LLC | $64 | 12.76% |
| R.J. O'BRIEN SECURITIES, LLC | $38 | 7.59% |
| MORGAN STANLEY & CO. LLC | $33 | 6.55% |
| CITIGROUP GLOBAL MARKETS INC. | $33 | 6.55% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $31 | 6.21% |
| UBS Securities LLC | $28 | 5.52% |
| J.P. MORGAN SECURITIES LLC | $12 | 2.41% |
C000207671 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.2M | 14.06% |
| DEUTSCHE BANK SECURITIES, INC. | $1.2M | 13.76% |
| MORGAN STANLEY & CO. LLC | $1.1M | 12.75% |
| MARKETAXESS CORPORATION | $1.1M | 12.66% |
| BOFA SECURITIES, INC. | $908K | 10.74% |
| GOLDMAN SACHS & CO. LLC | $868K | 10.28% |
| NATIONAL FINANCIAL SERVICES LLC | $803K | 9.51% |
| STANDARD CHARTERED SECURITIES NORTH AMERICA LLC | $543K | 6.43% |
| BNP PARIBAS SECURITIES CORP. | $430K | 5.10% |
| CitiGroup Global Markets Inc. | $398K | 4.72% |
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.