ESUM Fees and Costs — Eventide US Market ETF
Data updated: 2026-09-28
The net expense ratio is 0.39%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $37K in broker commissions, 0.0316% of average net assets, and portfolio turnover was 56%.
ESUM Fees and Expenses
Annual operating expenses and sales charges of ESUM. Prospectus, as of September 4, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.39% |
| Fee waiver | — |
| Net expense ratio | 0.39% |
| 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 |
ESUM Costs Over Time
On $10,000 invested in ESUM, assuming 5% a year before costs, total costs come to $267 over 5 years, cutting the return by 0.44% 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 0.39%) | $41 | $129 | $224 |
| Trading costs (broker commissions) | $3 | $10 | $18 |
| Lost growth on money paid in costs | $0 | $7 | $24 |
| Total costs | $44 | $146 | $267 |
| Value after costs | $10,456 | $11,430 | $12,496 |
| Impact on return, per year | 0.44% | 0.44% | 0.44% |
ESUM Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0316%
- Total broker commissions: $37K
- Bought from dealers (principal trades, not a cost): $102.2M
- Portfolio turnover (prospectus): 56%
- Securities lending: none during the year
ESUM Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $13K | 35.93% |
| RBC Capital Markets, LLC | $12K | 33.11% |
| Virtu Americas LLC | $10K | 26.18% |
| Wolfe Research Securities | $878 | 2.37% |
| Jefferies LLC | $541 | 1.46% |
| JonesTrading Institutional Services LLC | $349 | 0.94% |
ESUM Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $32.5M | 31.77% |
| BofA Securities, Inc. | $21.9M | 21.42% |
| RBC Capital Markets, LLC | $18.3M | 17.88% |
| Goldman Sachs & Co. LLC | $17.6M | 17.22% |
| J.P. Morgan Securities LLC | $12.0M | 11.71% |
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.