MLPX Fees and Costs — Global X MLP & Energy Infrastructure ETF
Data updated: 2026-07-29
The net expense ratio is 0.45%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $286K in broker commissions, 0.0110% of average net assets, and portfolio turnover was 15%.
MLPX Fees and Expenses
Annual operating expenses and sales charges of MLPX. Prospectus, as of April 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.45% |
| Fee waiver | — |
| Net expense ratio | 0.45% |
| 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 |
MLPX Costs Over Time
On $10,000 invested in MLPX, assuming 5% a year before costs, total costs come to $291 over 5 years, cutting the return by 0.48% 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 0.45%) | $47 | $148 | $259 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $7 | $27 |
| Total costs | $48 | $159 | $291 |
| Value after costs | $10,452 | $11,417 | $12,471 |
| Impact on return, per year | 0.48% | 0.48% | 0.48% |
MLPX 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): 0.0110%
- Total broker commissions: $286K
- Bought from dealers (principal trades, not a cost): $359.1M
- Portfolio turnover (prospectus): 15%
- Securities on loan, average value: $62.3M
- Net income from securities lending: $2.3M (0.088% of average net assets)
MLPX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG LLC | $178K | 62.19% |
| VIRTU FINANCIAL BD LLC | $69K | 24.14% |
| BANK OF AMERICA | $20K | 6.91% |
| JANE STREET EXECUTION SERVICES | $5K | 1.59% |
| SUSQUEHANNA INVESTMENT GROUP | $4K | 1.56% |
| GOLDMAN SACHS & CO | $4K | 1.42% |
| MIZUHO SECURITIES USA INC | $4K | 1.40% |
| MISCHLER FINANCIAL | $1K | 0.46% |
| MORGAN STANLEY & CO, INC | $936 | 0.33% |
MLPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL INC. | $149.5M | 41.64% |
| MORGAN STANLEY & CO, INC | $149.5M | 41.63% |
| WELLS FARGO | $49.8M | 13.88% |
| JP MORGAN | $10.2M | 2.85% |
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.