EEMD Fees and Costs — AAM S&P Emerging Markets High Dividend Value ETF
Data updated: 2024-09-30
The net expense ratio is 0.49%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $32K in broker commissions, 0.3250% of average net assets, and portfolio turnover was 183%.
EEMD Fees and Expenses
Annual operating expenses and sales charges of EEMD. Prospectus, as of February 29, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.49% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.49% |
| Fee waiver | — |
| Net expense ratio | 0.49% |
| 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 |
EEMD Costs Over Time
On $10,000 invested in EEMD, assuming 5% a year before costs, total costs come to $512 over 5 years, cutting the return by 0.86% 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 0.49%) | $51 | $161 | $279 |
| Trading costs (broker commissions) | $34 | $107 | $185 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $86 | $281 | $512 |
| Value after costs | $10,414 | $11,296 | $12,251 |
| Impact on return, per year | 0.86% | 0.86% | 0.86% |
EEMD Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.3250%
- Total broker commissions: $32K
- Bought from dealers (principal trades, not a cost): $6K
- Portfolio turnover (prospectus): 183%
- Securities lending: none during the year
EEMD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $20K | 63.13% |
| BTIG, LLC | $4K | 14.04% |
| GOLDMAN SACHS & CO. LLC | $2K | 7.33% |
| CREDIT SUISSE SECURITIES (USA) LLC | $2K | 6.69% |
| BRASIL PLURAL SECURITIES LLC | $1K | 3.74% |
| CLSA AMERICAS, LLC | $851 | 2.69% |
| SCOTIA CAPITAL (USA) INC. | $497 | 1.57% |
| PERSHING LLC | $177 | 0.56% |
| VIRTU AMERICAS LLC | $60 | 0.19% |
| MIRAE ASSET SECURITIES (USA) INC. | $16 | 0.05% |
EEMD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $6K | 100.00% |
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.