CVSB Fees and Costs — Calvert Ultra-Short Investment Grade ETF
Data updated: 2026-08-21
The net expense ratio is 0.24%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $12 in broker commissions, and portfolio turnover was 134%.
CVSB Fees and Expenses
Annual operating expenses and sales charges of CVSB. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.24% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.24% |
| Fee waiver | — |
| Net expense ratio | 0.24% |
| 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 |
CVSB Costs Over Time
On $10,000 invested in CVSB, assuming 5% a year before costs, total costs come to $152 over 5 years, cutting the return by 0.25% 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 0.24%) | $25 | $79 | $139 |
| Lost growth on money paid in costs | $0 | $4 | $14 |
| Total costs | $25 | $83 | $152 |
| Value after costs | $10,475 | $11,493 | $12,610 |
| Impact on return, per year | 0.25% | 0.25% | 0.25% |
CVSB 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): —
- Total broker commissions: $12
- Bought from dealers (principal trades, not a cost): $313.5M
- Portfolio turnover (prospectus): 134%
- Securities lending: none during the year
CVSB Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $12 | 100.00% |
CVSB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $144.7M | 52.76% |
| Citigroup Global Markets Inc. | $31.4M | 11.46% |
| Goldman Sachs & Co. LLC | $25.7M | 9.36% |
| BofA Securities, Inc. | $15.3M | 5.57% |
| Nomura Securities International, Inc. | $14.7M | 5.35% |
| Deutsche Bank Securities Inc. | $10.4M | 3.78% |
| Barclays Capital, Inc. | $10.2M | 3.72% |
| BMO Nesbitt Burns Securities Ltd. | $9.3M | 3.39% |
| Wells Fargo Securities, LLC | $7.0M | 2.57% |
| Mizuho Securities USA LLC | $5.6M | 2.04% |
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.