INKM Fees and Costs — State Street(R)Income Allocation ETF
Data updated: 2026-09-11
The net expense ratio is 0.50%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $29K in broker commissions, 0.0404% of average net assets.
INKM Fees and Expenses
Annual operating expenses and sales charges of INKM. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
INKM Costs Over Time
On $10,000 invested in INKM, assuming 5% a year before costs, total costs come to $341 over 5 years, cutting the return by 0.57% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $4 | $13 | $23 |
| Lost growth on money paid in costs | $0 | $9 | $31 |
| Total costs | $57 | $187 | $341 |
| Value after costs | $10,443 | $11,390 | $12,422 |
| Impact on return, per year | 0.57% | 0.57% | 0.57% |
INKM Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0404%
- Total broker commissions: $29K
- Bought from dealers (principal trades, not a cost): $8.0M
- Portfolio turnover (prospectus): —
- Securities on loan, average value: $20.0M
- Net income from securities lending: $103K (0.144% of average net assets)
INKM Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citadel Securities LLC | $7K | 23.74% |
| Citigroup Global Markets Inc. | $7K | 22.99% |
| Jane Street Execution Services, LLC | $5K | 17.35% |
| BofA Securities, Inc. | $4K | 14.63% |
| Goldman Sachs & Co. LLC | $2K | 8.34% |
| Virtu Americas LLC | $2K | 7.11% |
| Morgan Stanley & Co. LLC | $692 | 2.41% |
| UBS Securities LLC | $686 | 2.39% |
| J.P. Morgan Securities LLC | $290 | 1.01% |
| Sanford C. Bernstein & Co., LLC | $5 | 0.02% |
INKM Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $8.0M | 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.