CSSD Fees and Costs — Cohen & Steers Short Duration Preferred and Income Active ETF
Data updated: 2026-08-28
The net expense ratio is 0.49% (0.65% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $2K in broker commissions, 0.0068% of average net assets, and portfolio turnover was 9%.
CSSD Fees and Expenses
Annual operating expenses and sales charges of CSSD. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.65% |
| Fee waiver | −0.16% |
| Net expense ratio | 0.49% |
| 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 |
CSSD Costs Over Time
On $10,000 invested in CSSD, assuming 5% a year before costs, total costs come to $314 over 5 years, cutting the return by 0.52% 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 0.49%) | $51 | $161 | $281 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $52 | $172 | $314 |
| Value after costs | $10,448 | $11,405 | $12,449 |
| Impact on return, per year | 0.52% | 0.52% | 0.52% |
CSSD 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): 0.0068%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $78.2M
- Portfolio turnover (prospectus): 9%
- Securities lending: none during the year
CSSD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1K | 62.73% |
| Jefferies LLC | $523 | 31.29% |
| Citigroup Global Markets Inc. | $100 | 5.98% |
CSSD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $36.5M | 54.74% |
| Morgan Stanley & Co. LLC | $10.4M | 15.67% |
| Millennium Advisors, LLC | $4.6M | 6.92% |
| Jane Street Execution Services, LLC | $3.4M | 5.09% |
| BNP Paribas Securities Corp. | $2.5M | 3.71% |
| BofA Securities, Inc. | $2.3M | 3.41% |
| Goldman Sachs & Co. LLC | $2.0M | 2.94% |
| Wells Fargo Securities, LLC | $1.8M | 2.73% |
| Deutsche Bank Securities Inc. | $1.8M | 2.72% |
| RBC Capital Markets, LLC | $1.4M | 2.06% |
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.