C000258274 Fees and Costs — Venerable Intermediate Corporate Bond Index Fund, Class I
Data updated: 2026-08-26
The net expense ratio is 0.36%: a 0.23% management fee plus 0.15% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 11%.
C000258274 Fees and Expenses
Annual operating expenses and sales charges of C000258274. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.23% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.38% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.36% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000258274 Costs Over Time
On $10,000 invested in C000258274, assuming 5% a year before costs, total costs come to $228 over 5 years, cutting the return by 0.38% 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 0.36%) | $38 | $119 | $207 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $38 | $125 | $228 |
| Value after costs | $10,462 | $11,452 | $12,535 |
| Impact on return, per year | 0.38% | 0.38% | 0.38% |
C000258274 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.2B
- Portfolio turnover (prospectus): 11%
- Securities lending: none during the year
C000258274 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $964.4M | 79.21% |
| Jane Street Execution Services, LLC | $94.0M | 7.72% |
| State Street Bank and Trust Company | $63.6M | 5.22% |
| J.P. Morgan Securities LLC | $49.5M | 4.07% |
| Goldman Sachs & Co. LLC | $15.8M | 1.30% |
| BofA Securities, Inc. | $14.1M | 1.16% |
| Barclays Capital Inc. | $10.4M | 0.85% |
| Jefferies LLC | $2.1M | 0.18% |
| BNY Capital Markets, LLC | $1.8M | 0.15% |
| MUFG Securities Americas Inc. | $1.8M | 0.15% |
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.