FYLD Fees and Costs — Cambria Foreign Shareholder Yield ETF
Data updated: 2026-09-28
The net expense ratio is 0.59%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $230K in broker commissions, 0.0482% of average net assets, and portfolio turnover was 44%.
FYLD Fees and Expenses
Annual operating expenses and sales charges of FYLD. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.59% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.59% |
| Fee waiver | — |
| Net expense ratio | 0.59% |
| 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 |
FYLD Costs Over Time
On $10,000 invested in FYLD, assuming 5% a year before costs, total costs come to $402 over 5 years, cutting the return by 0.67% 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 0.59%) | $62 | $194 | $338 |
| Trading costs (broker commissions) | $5 | $16 | $28 |
| Lost growth on money paid in costs | $0 | $10 | $37 |
| Total costs | $67 | $220 | $402 |
| Value after costs | $10,433 | $11,356 | $12,361 |
| Impact on return, per year | 0.67% | 0.67% | 0.67% |
FYLD 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): 0.0482%
- Total broker commissions: $230K
- Bought from dealers (principal trades, not a cost): $2
- Portfolio turnover (prospectus): 44%
- Securities on loan, average value: $5.1M
- Net income from securities lending: $28K (0.006% of average net assets)
FYLD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $127K | 55.09% |
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $97K | 42.32% |
| CITIGROUP GLOBAL MARKETS INC. | $6K | 2.43% |
| ROBERT W. BAIRD & CO. INCORPORATED | $359 | 0.16% |
FYLD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| U.S. BANCORP INVESTMENTS INC. | $2 | 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.