ETMUX Fees and Costs — E*TRADE No Fee Municipal Bond Index Fund
Data updated: 2026-09-25
The net expense ratio is 0.00%. There are no sales loads or redemption fees. Portfolio turnover was 7%.
ETMUX Fees and Expenses
Annual operating expenses and sales charges of ETMUX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.00% |
| Fee waiver | — |
| Net expense ratio | 0.00% |
| 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 |
ETMUX Costs Over Time
On $10,000 invested in ETMUX, assuming 5% a year before costs, total costs come to $0 over 5 years, cutting the return by 0.00% 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 0.00%) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $0 | $0 |
| Total costs | $0 | $0 | $0 |
| Value after costs | $10,500 | $11,576 | $12,763 |
| Impact on return, per year | 0.00% | 0.00% | 0.00% |
ETMUX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $52.0M
- Portfolio turnover (prospectus): 7%
- Securities lending: none during the year
ETMUX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $29.5M | 63.21% |
| BNY Capital Markets, LLC | $4.5M | 9.64% |
| Headlands Holdings, LLC | $2.8M | 5.98% |
| RBC Capital Markets, LLC | $2.1M | 4.57% |
| Brownstone Investment Group, LLC | $1.5M | 3.22% |
| Truist Securities, Inc. | $1.5M | 3.21% |
| BofA Securities, Inc. | $1.4M | 3.11% |
| Wells Fargo Securities, LLC | $1.3M | 2.81% |
| Hilltop Securities Inc. | $1.0M | 2.21% |
| Goldman Sachs & Co. LLC | $952K | 2.04% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.