GENM Fees and Costs — Genter Capital Municipal Quality Intermediate ETF
Data updated: 2026-09-28
The net expense ratio is 0.39%: a 0.20% management fee plus 0.18% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 48%.
GENM Fees and Expenses
Annual operating expenses and sales charges of GENM. Prospectus, as of August 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | — |
| Other expenses | 0.18% |
| 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 |
GENM Costs Over Time
On $10,000 invested in GENM, assuming 5% a year before costs, total costs come to $247 over 5 years, cutting the return by 0.41% 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 |
| Lost growth on money paid in costs | $0 | $6 | $23 |
| Total costs | $41 | $135 | $247 |
| Value after costs | $10,459 | $11,441 | $12,516 |
| Impact on return, per year | 0.41% | 0.41% | 0.41% |
GENM 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $71.4M
- Portfolio turnover (prospectus): 48%
- Securities lending: none during the year
GENM Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UMB Bank, n.a. | $42.8M | 59.93% |
| Stifel, Nicolaus & Company, Inc. | $8.9M | 12.53% |
| Pershing LLC | $7.5M | 10.57% |
| Wells Fargo Securities, LLC | $4.2M | 5.82% |
| Morgan Stanley & Co. LLC | $2.1M | 2.97% |
| RBC Capital Markets, LLC | $1.6M | 2.30% |
| Oppenheimer & Co. Inc. | $1.3M | 1.76% |
| BofA Securities, Inc. | $1.2M | 1.71% |
| National Financial Services, LLC | $879K | 1.23% |
| FHN Financial Securities Corp | $850K | 1.19% |
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.