CA Fees and Costs — Xtrackers California Municipal Bond ETF
Data updated: 2026-04-29
The net expense ratio is 0.07%. There are no sales loads or redemption fees. Portfolio turnover was 5%.
CA Fees and Expenses
Annual operating expenses and sales charges of CA. Prospectus, as of May 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.07% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.07% |
| Fee waiver | — |
| Net expense ratio | 0.07% |
| 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 |
CA Costs Over Time
On $10,000 invested in CA, assuming 5% a year before costs, total costs come to $45 over 5 years, cutting the return by 0.07% 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 0.07%) | $7 | $23 | $41 |
| Lost growth on money paid in costs | $0 | $1 | $4 |
| Total costs | $7 | $24 | $45 |
| Value after costs | $10,493 | $11,552 | $12,718 |
| Impact on return, per year | 0.07% | 0.07% | 0.07% |
CA Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $8.2M
- Portfolio turnover (prospectus): 5%
- Securities lending: none during the year
CA Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| THE BANK OF NEW YORK MELLON | $5.9M | 72.22% |
| ICE Securities Execution & Clearing LLC | $641K | 7.84% |
| BOFA SECURITIES, INC. | $353K | 4.32% |
| MORGAN STANLEY & CO. LLC | $341K | 4.16% |
| GOLDMAN SACHS & CO. LLC | $297K | 3.64% |
| BARCLAYS CAPITAL, INC. | $216K | 2.64% |
| UBS SECURITIES LLC | $110K | 1.34% |
| PIPER SANDLER & CO. | $107K | 1.31% |
| RAYMOND JAMES & ASSOCIATES, INC. | $104K | 1.27% |
| HEADLANDS TECH GLOBAL MARKETS, LLC | $103K | 1.26% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.