NBGX Fees and Costs — Neuberger Berman Growth ETF
Data updated: 2026-07-27
The net expense ratio is 0.44%: a 0.56% management fee plus 2.27% other expenses, less a 2.39% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $692 in broker commissions, 0.0064% of average net assets, and portfolio turnover was 29%.
NBGX Fees and Expenses
Annual operating expenses and sales charges of NBGX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.56% |
| 12b-1 fee | — |
| Other expenses | 2.27% |
| Gross expense ratio | 2.83% |
| Fee waiver | −2.39% |
| Net expense ratio | 0.44% |
| 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 | Yes |
NBGX Costs Over Time
On $10,000 invested in NBGX, assuming 5% a year before costs, total costs come to $282 over 5 years, cutting the return by 0.47% 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) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $47 | $154 | $282 |
| Value after costs | $10,453 | $11,422 | $12,480 |
| Impact on return, per year | 0.47% | 0.47% | 0.47% |
NBGX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0064%
- Total broker commissions: $692
- Bought from dealers (principal trades, not a cost): $12.8M
- Portfolio turnover (prospectus): 29%
- Securities on loan, average value: $49K
- Net income from securities lending: $57 (0.001% of average net assets)
NBGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Stifel, Nicolaus & Company, Incorporated | $70 | 14.02% |
| National Financial Services LLC | $65 | 12.92% |
| BofA Securities, Inc. | $64 | 12.77% |
| Morgan Stanley & Co. LLC | $57 | 11.39% |
| Goldman Sachs & Co. LLC | $56 | 11.21% |
| Cowen and Company, LLC | $47 | 9.36% |
| Oppenheimer & Co. Inc. | $41 | 8.07% |
| Jefferies LLC | $37 | 7.29% |
| Robert W. Baird & Co. Incorporated | $34 | 6.74% |
| Barclays Capital Inc. | $31 | 6.24% |
NBGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corporation | $10.8M | 84.87% |
| State Street Bank and Trust Company | $1.9M | 14.88% |
| J.P. Morgan Securities LLC | $16K | 0.12% |
| Morgan Stanley & Co. LLC | $6K | 0.05% |
| Goldman Sachs & Co. LLC | $4K | 0.04% |
| Barclays Capital Inc. | $3K | 0.03% |
| BNY Capital Markets, LLC | $2K | 0.02% |
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.