CSRE Fees and Costs — Cohen & Steers Real Estate Active ETF
Data updated: 2026-08-28
The net expense ratio is 0.70% (0.80% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $117K in broker commissions, 0.0968% of average net assets, and portfolio turnover was 52%.
CSRE Fees and Expenses
Annual operating expenses and sales charges of CSRE. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.80% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.80% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.70% |
| 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 |
CSRE Costs Over Time
On $10,000 invested in CSRE, assuming 5% a year before costs, total costs come to $500 over 5 years, cutting the return by 0.84% 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 0.70%) | $74 | $230 | $399 |
| Trading costs (broker commissions) | $10 | $32 | $55 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $84 | $275 | $500 |
| Value after costs | $10,416 | $11,302 | $12,262 |
| Impact on return, per year | 0.84% | 0.84% | 0.84% |
CSRE 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): 0.0968%
- Total broker commissions: $117K
- Bought from dealers (principal trades, not a cost): $345.8M
- Portfolio turnover (prospectus): 52%
- Securities lending: none during the year
CSRE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $23K | 24.00% |
| BofA Securities, Inc. | $20K | 21.37% |
| Goldman Sachs & Co. LLC | $12K | 13.06% |
| J.P. Morgan Securities LLC | $8K | 8.88% |
| Morgan Stanley & Co. LLC | $7K | 7.12% |
| UBS Securities LLC | $5K | 5.65% |
| Wells Fargo Securities, LLC | $5K | 5.36% |
| Evercore Group L.L.C. | $5K | 5.22% |
| Virtu Americas LLC | $5K | 4.87% |
| National Financial Services LLC | $4K | 4.48% |
CSRE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $128.8M | 37.23% |
| Virtu Americas LLC | $111.5M | 32.23% |
| State Street Bank and Trust Company | $51.9M | 15.01% |
| Goldman Sachs & Co. LLC | $23.5M | 6.80% |
| BofA Securities, Inc. | $21.5M | 6.21% |
| Morgan Stanley & Co. LLC | $8.7M | 2.52% |
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.