C000231372 Fees and Costs — SPDR Bloomberg SASB Emerging Markets ESG Select ETF
Data updated: 2023-05-30
The net expense ratio is 0.16%. There are no sales loads or redemption fees. In fiscal 2022 the fund paid $25K in broker commissions, 0.1068% of average net assets, and portfolio turnover was 54%.
C000231372 Fees and Expenses
Annual operating expenses and sales charges of C000231372. Prospectus, as of January 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.16% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.16% |
| Fee waiver | — |
| Net expense ratio | 0.16% |
| 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 |
C000231372 Costs Over Time
On $10,000 invested in C000231372, assuming 5% a year before costs, total costs come to $169 over 5 years, cutting the return by 0.28% 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 0.16%) | $17 | $53 | $92 |
| Trading costs (broker commissions) | $11 | $35 | $62 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $28 | $92 | $169 |
| Value after costs | $10,472 | $11,484 | $12,593 |
| Impact on return, per year | 0.28% | 0.28% | 0.28% |
C000231372 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.1068%
- Total broker commissions: $25K
- Bought from dealers (principal trades, not a cost): $16.5M
- Portfolio turnover (prospectus): 54%
- Securities lending: none during the year
C000231372 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Credit Suisse Securities (USA) LLC | $6K | 28.59% |
| CLSA Americas, LLC | $3K | 12.75% |
| HSBC Securities (USA) Inc. | $2K | 9.62% |
| Goldman Sachs & Co. LLC | $2K | 8.15% |
| UBS Securities LLC | $2K | 8.01% |
| Morgan Stanley & Co. LLC | $2K | 7.68% |
| Santander Securities LLC | $2K | 7.27% |
| CICC US Securities, Inc. | $1K | 6.77% |
| Instinet, LLC | $1K | 5.72% |
| Virtu Americas LLC | $1K | 5.43% |
C000231372 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $16.4M | 100.00% |
| Credit Suisse Securities (USA) LLC | $6 | 0.00% |
| Santander Securities LLC | $3 | 0.00% |
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.