LOPP Fees and Costs — Gabelli Love Our Planet & People ETF
Data updated: 2026-08-31
The net expense ratio is 0.90%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $6K in broker commissions, 0.0508% of average net assets, and portfolio turnover was 14%.
LOPP Fees and Expenses
Annual operating expenses and sales charges of LOPP. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.90% |
| Fee waiver | — |
| Net expense ratio | 0.90% |
| 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 |
LOPP Costs Over Time
On $10,000 invested in LOPP, assuming 5% a year before costs, total costs come to $595 over 5 years, cutting the return by 1.00% 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 0.90%) | $94 | $295 | $512 |
| Trading costs (broker commissions) | $5 | $17 | $29 |
| Lost growth on money paid in costs | $0 | $15 | $55 |
| Total costs | $100 | $327 | $595 |
| Value after costs | $10,400 | $11,249 | $12,168 |
| Impact on return, per year | 1.00% | 1.00% | 1.00% |
LOPP 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): 0.0508%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $15.0M
- Portfolio turnover (prospectus): 14%
- Securities lending: none during the year
LOPP Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| TD SECURITIES (USA) LLC | $3K | 44.21% |
| PIPER SANDLER & CO. | $2K | 34.16% |
| Stifel, Nicolaus & Company, Incorporated | $360 | 6.24% |
| WELLS FARGO CLEARING SERVICES, LLC | $350 | 6.07% |
| RBC CAPITAL MARKETS, LLC | $190 | 3.29% |
| MORGAN STANLEY & CO. LLC | $140 | 2.43% |
| Cowen and Company, LLC | $94 | 1.63% |
| GOLDMAN SACHS & CO. LLC | $80 | 1.39% |
| CANTOR FITZGERALD & CO. | $34 | 0.59% |
LOPP Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CANTOR FITZGERALD & CO. | $8.2M | 55.02% |
| BMO CAPITAL MARKETS CORP. | $2.7M | 18.32% |
| BARCLAYS CAPITAL, INC. | $1.6M | 10.70% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $917K | 6.12% |
| Bank of Montreal | $453K | 3.02% |
| GOLDMAN SACHS & CO. LLC | $446K | 2.98% |
| Daiwa Capital Markets America, Inc. | $348K | 2.32% |
| BMO Nesbitt Burns Securities Ltd. | $228K | 1.52% |
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.