HF Fees and Costs — DGA Core Plus Absolute Return ETF
Data updated: 2026-10-09
The net expense ratio is 1.70% (1.85% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $27K in broker commissions, 0.1349% of average net assets, and portfolio turnover was 731%.
HF Fees and Expenses
Annual operating expenses and sales charges of HF. Prospectus, as of November 24, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 1.85% |
| Fee waiver | −0.15% |
| Net expense ratio | 1.70% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
HF Costs Over Time
On $10,000 invested in HF, assuming 5% a year before costs, total costs come to $1,129 over 5 years, cutting the return by 1.93% 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 1.70%) | $178 | $552 | $949 |
| Trading costs (broker commissions) | $14 | $44 | $75 |
| Lost growth on money paid in costs | $0 | $30 | $104 |
| Total costs | $193 | $626 | $1,129 |
| Value after costs | $10,307 | $10,951 | $11,634 |
| Impact on return, per year | 1.93% | 1.93% | 1.93% |
HF Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.1349%
- Total broker commissions: $27K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 731%
HF Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED | $54K | 84.73% |
| ROBERT W. BAIRD & CO. INCORPORATED | $7K | 10.98% |
| MISCHLER FINANCIAL GROUP INC. | $2K | 2.90% |
| GOLDMAN SACHS & CO. LLC | $616 | 0.97% |
| TELSEY ADVISORY GROUP LLC | $167 | 0.26% |
| NATIONAL FINANCIAL SERVICES LLC | $103 | 0.16% |
| VIRTU FINANCIAL CAPITAL MARKETS LLC | $0 | 0.00% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.