C000236604 Fees and Costs — Nuveen Global Net Zero Transition ETF
Data updated: 2024-10-15
The net expense ratio is 0.56%: a 0.55% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $857 in broker commissions, 0.0143% of average net assets, and portfolio turnover was 39%.
C000236604 Fees and Expenses
Annual operating expenses and sales charges of C000236604. Prospectus, as of November 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.56% |
| Fee waiver | — |
| Net expense ratio | 0.56% |
| 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 |
C000236604 Costs Over Time
On $10,000 invested in C000236604, assuming 5% a year before costs, total costs come to $362 over 5 years, cutting the return by 0.60% 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 0.56%) | $59 | $184 | $321 |
| Trading costs (broker commissions) | $2 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $60 | $198 | $362 |
| Value after costs | $10,440 | $11,378 | $12,401 |
| Impact on return, per year | 0.60% | 0.60% | 0.60% |
C000236604 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0143%
- Total broker commissions: $857
- Bought from dealers (principal trades, not a cost): $2.9M
- Portfolio turnover (prospectus): 39%
- Securities lending: none during the year
C000236604 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JPMorgan Securities LLC | $255 | 32.35% |
| CLSA AMERICAS, LLC | $124 | 15.69% |
| Canaccord Genuity LLC | $108 | 13.76% |
| Sanford C. Bernstein & Co., LLC | $91 | 11.58% |
| Citigroup | $69 | 8.71% |
| UBS Financial Services Inc. | $59 | 7.53% |
| Macquarie Capital (USA) Inc. | $25 | 3.16% |
| Piper Sandler & Co. | $20 | 2.52% |
| Jefferies LLC | $19 | 2.37% |
| Barclays Capital Inc. | $18 | 2.33% |
C000236604 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $632K | 23.10% |
| JPMorgan Securities LLC | $404K | 14.76% |
| CLSA AMERICAS, LLC | $331K | 12.10% |
| UBS Financial Services Inc. | $312K | 11.38% |
| Sanford C. Bernstein & Co., LLC | $305K | 11.13% |
| Citigroup Global Markets Inc. | $200K | 7.32% |
| National Financial Services LLC | $192K | 7.03% |
| Piper Jaffray & Co. | $178K | 6.49% |
| RBC Capital Markets, LLC | $100K | 3.66% |
| Macquarie Capital (USA) Inc. | $83K | 3.04% |
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.