MFSV Fees and Costs — MFS Active Value ETF
Data updated: 2026-07-27
The net expense ratio is 0.44%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $2K in broker commissions, 0.0020% of average net assets, and portfolio turnover was 10%.
MFSV Fees and Expenses
Annual operating expenses and sales charges of MFSV. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.44% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.44% |
| Fee waiver | — |
| Net expense ratio | 0.44% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
MFSV Costs Over Time
On $10,000 invested in MFSV, assuming 5% a year before costs, total costs come to $280 over 5 years, cutting the return by 0.46% 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 0.44%) | $46 | $145 | $253 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $7 | $25 |
| Total costs | $46 | $153 | $280 |
| Value after costs | $10,454 | $11,423 | $12,483 |
| Impact on return, per year | 0.46% | 0.46% | 0.46% |
MFSV Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0020%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $218.1M
- Portfolio turnover (prospectus): 10%
- Securities lending: none during the year
MFSV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $792 | 33.27% |
| J.P. Morgan Securities LLC | $442 | 18.59% |
| BofA Securities, Inc. | $314 | 13.21% |
| BMO Capital Markets Corp. | $299 | 12.55% |
| Morgan Stanley & Co. LLC | $218 | 9.16% |
| TD Securities (USA) LLC | $107 | 4.48% |
| National Financial Services LLC | $88 | 3.71% |
| JonesTrading Institutional Services LLC | $75 | 3.16% |
| Goldman Sachs & Co. LLC | $40 | 1.67% |
| Kezar Trading, LLC | $5 | 0.21% |
MFSV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corporation | $218.0M | 99.94% |
| Goldman Sachs & Co. LLC | $138K | 0.06% |
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.