CSPF Fees and Costs — Cohen & Steers Preferred and Income Opportunities Active ETF
Data updated: 2026-08-28
The net expense ratio is 0.59% (0.75% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $11K in broker commissions, 0.0157% of average net assets, and portfolio turnover was 48%.
CSPF Fees and Expenses
Annual operating expenses and sales charges of CSPF. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.75% |
| Fee waiver | −0.16% |
| Net expense ratio | 0.59% |
| 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 |
CSPF Costs Over Time
On $10,000 invested in CSPF, assuming 5% a year before costs, total costs come to $382 over 5 years, cutting the return by 0.64% 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 0.59%) | $62 | $194 | $338 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $64 | $209 | $382 |
| Value after costs | $10,436 | $11,367 | $12,381 |
| Impact on return, per year | 0.64% | 0.64% | 0.64% |
CSPF Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0157%
- Total broker commissions: $11K
- Bought from dealers (principal trades, not a cost): $341.8M
- Portfolio turnover (prospectus): 48%
- Securities lending: none during the year
CSPF Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $10K | 84.88% |
| Jefferies LLC | $1K | 11.44% |
| National Financial Services LLC | $285 | 2.50% |
| Citigroup Global Markets Inc. | $120 | 1.05% |
| Virtu Americas LLC | $15 | 0.13% |
CSPF Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $165.3M | 59.93% |
| Goldman Sachs & Co. LLC | $21.9M | 7.94% |
| BNP Paribas Securities Corp. | $18.6M | 6.76% |
| Wells Fargo Securities, LLC | $12.9M | 4.67% |
| Morgan Stanley & Co. LLC | $12.5M | 4.52% |
| J.P. Morgan Securities LLC | $10.2M | 3.71% |
| BNY Capital Markets, LLC | $10.1M | 3.66% |
| Citigroup Global Markets Inc. | $9.7M | 3.51% |
| Barclays Capital Inc. | $7.4M | 2.68% |
| UBS Securities LLC | $7.2M | 2.62% |
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.