DFSB Fees and Costs — Dimensional Global Sustainability Fixed Income ETF
Data updated: 2026-09-24
The net expense ratio is 0.23%: a 0.20% management fee plus 0.03% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 17%.
DFSB Fees and Expenses
Annual operating expenses and sales charges of DFSB. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | — |
| Other expenses | 0.03% |
| Gross expense ratio | 0.24% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.23% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
DFSB Costs Over Time
On $10,000 invested in DFSB, assuming 5% a year before costs, total costs come to $146 over 5 years, cutting the return by 0.24% 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 0.23%) | $24 | $76 | $133 |
| Lost growth on money paid in costs | $0 | $4 | $13 |
| Total costs | $24 | $80 | $146 |
| Value after costs | $10,476 | $11,497 | $12,617 |
| Impact on return, per year | 0.24% | 0.24% | 0.24% |
DFSB Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.8B
- Portfolio turnover (prospectus): 17%
- Securities on loan, average value: $3.6M
- Net income from securities lending: $23K (0.005% of average net assets)
DFSB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $869.5M | 53.08% |
| BofA Securities, Inc. | $282.4M | 17.24% |
| Morgan Stanley & Co. LLC | $179.4M | 10.95% |
| Citigroup Global Markets Inc. | $108.9M | 6.65% |
| Jane Street Capital, LLC | $90.8M | 5.54% |
| J.P. Morgan Securities LLC | $51.5M | 3.15% |
| Mizuho Securities USA LLC | $15.1M | 0.92% |
| National Bank of Canada Financial Inc. | $13.6M | 0.83% |
| UBS Securities LLC | $13.6M | 0.83% |
| BMO Capital Markets Corp. | $13.1M | 0.80% |
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.