CVMC Fees and Costs — Calvert US Mid-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 $4K in broker commissions, 0.0081% of average net assets, and portfolio turnover was 24%.
CVMC Fees and Expenses
Annual operating expenses and sales charges of CVMC. 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 |
CVMC Costs Over Time
On $10,000 invested in CVMC, assuming 5% a year before costs, total costs come to $101 over 5 years, cutting the return by 0.17% 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) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $3 | $9 |
| Total costs | $17 | $55 | $101 |
| Value after costs | $10,483 | $11,521 | $12,662 |
| Impact on return, per year | 0.17% | 0.17% | 0.17% |
CVMC 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): 0.0081%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $52.0M
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
CVMC Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $3K | 88.65% |
| Piper Sandler & Co. | $221 | 5.81% |
| RBC Capital Markets, LLC | $77 | 2.03% |
| Instinet, LLC | $56 | 1.46% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $31 | 0.81% |
| Loop Capital Markets LLC | $24 | 0.64% |
| Jefferies LLC | $13 | 0.33% |
| Citadel Securities LLC | $10 | 0.27% |
CVMC Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $27.1M | 52.01% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $21.5M | 41.25% |
| J.P. Morgan Securities LLC | $3.5M | 6.74% |
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.