LVLN Fees and Costs — State Street(R) SPDR(R) S&P(R) Leveraged Loan ETF
Data updated: 2026-08-28
The net expense ratio is 0.40%. There are no sales loads or redemption fees. Portfolio turnover was 9%.
LVLN Fees and Expenses
Annual operating expenses and sales charges of LVLN. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.40% |
| Fee waiver | — |
| Net expense ratio | 0.40% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
LVLN Costs Over Time
On $10,000 invested in LVLN, assuming 5% a year before costs, total costs come to $253 over 5 years, cutting the return by 0.42% 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 0.40%) | $42 | $132 | $230 |
| Lost growth on money paid in costs | $0 | $7 | $23 |
| Total costs | $42 | $138 | $253 |
| Value after costs | $10,458 | $11,438 | $12,510 |
| Impact on return, per year | 0.42% | 0.42% | 0.42% |
LVLN 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $132.9M
- Portfolio turnover (prospectus): 9%
- Securities lending: none during the year
LVLN Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $86.3M | 66.24% |
| J.P. Morgan Securities LLC | $12.0M | 9.24% |
| Morgan Stanley & Co. LLC | $7.9M | 6.04% |
| KKR Capital Markets LLC | $7.3M | 5.63% |
| BofA Securities, Inc. | $4.1M | 3.15% |
| Goldman Sachs & Co. LLC | $3.7M | 2.87% |
| Barclays Capital Inc. | $2.7M | 2.10% |
| RBC Capital Markets, LLC | $2.2M | 1.66% |
| Jefferies LLC | $2.1M | 1.60% |
| UBS Securities LLC | $1.9M | 1.47% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.