KDVD Fees and Costs — Keeley Dividend ETF
Data updated: 2026-08-31
The net expense ratio is 0.00% (0.90% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $7K in broker commissions, 0.1079% of average net assets.
KDVD Fees and Expenses
Annual operating expenses and sales charges of KDVD. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 0.90% |
| Fee waiver | −0.90% |
| 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 |
KDVD Costs Over Time
On $10,000 invested in KDVD, assuming 5% a year before costs, total costs come to $69 over 5 years, cutting the return by 0.11% 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 |
| Trading costs (broker commissions) | $11 | $36 | $62 |
| Lost growth on money paid in costs | $0 | $2 | $6 |
| Total costs | $11 | $37 | $69 |
| Value after costs | $10,489 | $11,539 | $12,694 |
| Impact on return, per year | 0.11% | 0.11% | 0.11% |
KDVD Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1079%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $7.8M
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
KDVD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC CAPITAL MARKETS, LLC | $4K | 54.35% |
| KEYCORP | $3K | 45.65% |
KDVD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| NOMURA SECURITIES INTERNATIONAL, INC. | $3.3M | 42.50% |
| BMO CAPITAL MARKETS CORP. | $1.7M | 21.76% |
| GOLDMAN SACHS & CO. LLC | $1.7M | 21.70% |
| BARCLAYS CAPITAL, INC. | $1.1M | 14.04% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.