CVIE Fees and Costs — Calvert International Responsible Index ETF
Data updated: 2026-08-21
The net expense ratio is 0.18%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $12K in broker commissions, 0.0140% of average net assets, and portfolio turnover was 11%.
CVIE Fees and Expenses
Annual operating expenses and sales charges of CVIE. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.18% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.18% |
| Fee waiver | — |
| Net expense ratio | 0.18% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
CVIE Costs Over Time
On $10,000 invested in CVIE, assuming 5% a year before costs, total costs come to $123 over 5 years, cutting the return by 0.20% 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 0.18%) | $19 | $59 | $104 |
| Trading costs (broker commissions) | $1 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $3 | $11 |
| Total costs | $20 | $67 | $123 |
| Value after costs | $10,480 | $11,509 | $12,639 |
| Impact on return, per year | 0.20% | 0.20% | 0.20% |
CVIE Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0140%
- Total broker commissions: $12K
- Bought from dealers (principal trades, not a cost): $51.1M
- Portfolio turnover (prospectus): 11%
- Securities lending: none during the year
CVIE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $8K | 63.90% |
| UBS Securities LLC | $2K | 14.31% |
| J.P. Morgan Securities LLC | $2K | 14.11% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $424 | 3.43% |
| HSBC Securities (USA) Inc. | $219 | 1.76% |
| Instinet, LLC | $167 | 1.35% |
| Macquarie Capital (USA) Inc. | $61 | 0.49% |
| Macquarie Group Limited | $38 | 0.31% |
| CIBC World Markets Corp. | $22 | 0.18% |
| Pershing LLC | $19 | 0.15% |
CVIE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $26.0M | 50.90% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $21.5M | 41.97% |
| BofA Securities, Inc. | $3.6M | 7.13% |
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.