MLPA Fees and Costs — Global X MLP ETF
Data updated: 2026-07-29
The net expense ratio is 0.77%: a 0.45% management fee plus 0.32% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $245K in broker commissions, 0.0137% of average net assets, and portfolio turnover was 19%.
MLPA Fees and Expenses
Annual operating expenses and sales charges of MLPA. Prospectus, as of April 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.32% |
| Gross expense ratio | 0.77% |
| Fee waiver | — |
| Net expense ratio | 0.77% |
| 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 |
MLPA Costs Over Time
On $10,000 invested in MLPA, assuming 5% a year before costs, total costs come to $492 over 5 years, cutting the return by 0.82% 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 0.77%) | $81 | $253 | $439 |
| Trading costs (broker commissions) | $1 | $4 | $8 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $82 | $270 | $492 |
| Value after costs | $10,418 | $11,306 | $12,270 |
| Impact on return, per year | 0.82% | 0.82% | 0.82% |
MLPA Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0137%
- Total broker commissions: $245K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 19%
- Securities lending: none during the year
MLPA Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG LLC | $220K | 89.69% |
| BANK OF AMERICA | $11K | 4.45% |
| VIRTU FINANCIAL BD LLC | $6K | 2.32% |
| SUSQUEHANNA INVESTMENT GROUP | $5K | 1.99% |
| JANE STREET EXECUTION SERVICES | $3K | 1.10% |
| MISCHLER FINANCIAL | $673 | 0.27% |
| JP MORGAN | $358 | 0.15% |
| CITIGROUP | $72 | 0.03% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.