EBLU Fees and Costs — Ecofin Global Water ESG Fund
Data updated: 2025-07-24
The net expense ratio is 0.40%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $20K in broker commissions, 0.0377% of average net assets, and portfolio turnover was 55%.
EBLU Fees and Expenses
Annual operating expenses and sales charges of EBLU. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.40% |
| Fee waiver | — |
| Net expense ratio | 0.40% |
| 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 |
EBLU Costs Over Time
On $10,000 invested in EBLU, assuming 5% a year before costs, total costs come to $277 over 5 years, cutting the return by 0.46% 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 0.40%) | $42 | $132 | $230 |
| Trading costs (broker commissions) | $4 | $12 | $22 |
| Lost growth on money paid in costs | $0 | $7 | $25 |
| Total costs | $46 | $151 | $277 |
| Value after costs | $10,454 | $11,425 | $12,486 |
| Impact on return, per year | 0.46% | 0.46% | 0.46% |
EBLU Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0377%
- Total broker commissions: $20K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 55%
- Securities lending: none during the year
EBLU Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH INC. | $7K | 32.26% |
| BOFA Securities LLC | $6K | 28.98% |
| GOLDMAN SACHS & CO. LLC | $5K | 27.11% |
| BTIG LLC | $2K | 7.80% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $661 | 3.28% |
| MISCHLER FINANCIAL GROUP, INC. | $116 | 0.58% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.