EITTX Fees and Costs — Parametric TABS 10-to-20 Year Laddered Municipal Bond Fund, Class I
Data updated: 2022-12-30
The net expense ratio is 0.40%: a 0.32% management fee plus 0.61% other expenses, less a 0.53% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 24%.
EITTX Fees and Expenses
Annual operating expenses and sales charges of EITTX. Prospectus, as of January 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.32% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.61% |
| Gross expense ratio | 0.93% |
| Fee waiver | −0.53% |
| Net expense ratio | 0.40% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
EITTX Costs Over Time
On $10,000 invested in EITTX, assuming 5% a year before costs, total costs come to $253 over 5 years, cutting the return by 0.42% 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 |
| Lost growth on money paid in costs | $0 | $7 | $23 |
| Total costs | $42 | $138 | $253 |
| Value after costs | $10,458 | $11,438 | $12,510 |
| Impact on return, per year | 0.42% | 0.42% | 0.42% |
EITTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $10.0M
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
EITTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Samuel A. Ramirez & Company, Inc. | $2.3M | 24.80% |
| Barclays Capital Inc. | $1.4M | 14.87% |
| Stifel, Nicolaus & Company, Incorporated | $1.3M | 13.45% |
| First Horizon Advisors, Inc. | $925K | 9.96% |
| RBC Capital Markets, LLC | $827K | 8.90% |
| B. C. Ziegler and Company | $617K | 6.64% |
| UBS Securities LLC | $617K | 6.64% |
| J.P. Morgan Securities LLC | $581K | 6.25% |
| Piper Sandler & Co. | $406K | 4.37% |
| BofA Securities, Inc. | $384K | 4.13% |
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.