ETIIX Fees and Costs — Parametric TABS Intermediate-Term Municipal Bond Fund, Class I
Data updated: 2026-09-24
The net expense ratio is 0.58%: a 0.50% management fee plus 0.08% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 64%.
ETIIX Fees and Expenses
Annual operating expenses and sales charges of ETIIX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.08% |
| Gross expense ratio | 0.58% |
| Fee waiver | — |
| Net expense ratio | 0.58% |
| 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 | No |
| Waived fees subject to recoupment | No |
ETIIX Costs Over Time
On $10,000 invested in ETIIX, assuming 5% a year before costs, total costs come to $366 over 5 years, cutting the return by 0.61% 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 0.58%) | $61 | $191 | $332 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $61 | $200 | $366 |
| Value after costs | $10,439 | $11,376 | $12,397 |
| Impact on return, per year | 0.61% | 0.61% | 0.61% |
ETIIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $967.4M
- Portfolio turnover (prospectus): 64%
- Securities lending: none during the year
ETIIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $408.5M | 47.72% |
| BofA Securities, Inc. | $107.0M | 12.50% |
| J.P. Morgan Securities LLC | $80.3M | 9.38% |
| RBC Capital Markets, LLC | $56.3M | 6.58% |
| Wells Fargo Securities, LLC | $56.3M | 6.57% |
| Goldman Sachs & Co. LLC | $55.8M | 6.51% |
| Barclays Capital Inc. | $24.2M | 2.83% |
| Jefferies LLC | $23.0M | 2.69% |
| BNY Capital Markets, LLC | $22.9M | 2.67% |
| Citigroup Global Markets Inc. | $21.8M | 2.54% |
Parametric TABS Intermediate-Term Municipal Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| ETIIX | Class I | 0.58% | none |
| EITAX | Class A | 0.83% | 3.25% |
| EITCX | Class C | 1.58% | none |
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.