CVLC Fees and Costs — Calvert US Large-Cap Core Responsible Index ETF
Data updated: 2026-08-21
The net expense ratio is 0.15%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $6K in broker commissions, 0.0020% of average net assets, and portfolio turnover was 7%.
CVLC Fees and Expenses
Annual operating expenses and sales charges of CVLC. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.15% |
| Fee waiver | — |
| Net expense ratio | 0.15% |
| 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 |
CVLC Costs Over Time
On $10,000 invested in CVLC, assuming 5% a year before costs, total costs come to $97 over 5 years, cutting the return by 0.16% 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 0.15%) | $16 | $50 | $87 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $2 | $9 |
| Total costs | $16 | $53 | $97 |
| Value after costs | $10,484 | $11,524 | $12,666 |
| Impact on return, per year | 0.16% | 0.16% | 0.16% |
CVLC 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): 0.0020%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $159.5M
- Portfolio turnover (prospectus): 7%
- Securities lending: none during the year
CVLC Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $4K | 78.55% |
| Piper Sandler & Co. | $939 | 16.61% |
| Instinet, LLC | $111 | 1.96% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $65 | 1.15% |
| RBC Capital Markets, LLC | $51 | 0.90% |
| Loop Capital Markets LLC | $35 | 0.62% |
| Fidelity Brokerage Services LLC | $10 | 0.18% |
| Jefferies LLC | $1 | 0.01% |
| UBS Securities LLC | $1 | 0.01% |
| BofA Securities, Inc. | $0 | 0.00% |
CVLC Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $84.2M | 52.80% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $36.4M | 22.84% |
| Goldman Sachs & Co. LLC | $22.9M | 14.34% |
| J.P. Morgan Securities LLC | $16.0M | 10.01% |
| BofA Securities, Inc. | $0 | 0.00% |
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.