NCPB Fees and Costs — Nuveen Core Plus Bond ETF
Data updated: 2026-10-13
The net expense ratio is 0.31%: a 0.30% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 143%.
NCPB Fees and Expenses
Annual operating expenses and sales charges of NCPB. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.31% |
| Fee waiver | — |
| Net expense ratio | 0.31% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
NCPB Costs Over Time
On $10,000 invested in NCPB, assuming 5% a year before costs, total costs come to $197 over 5 years, cutting the return by 0.33% 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 0.31%) | $33 | $102 | $179 |
| Lost growth on money paid in costs | $0 | $5 | $18 |
| Total costs | $33 | $107 | $197 |
| Value after costs | $10,467 | $11,469 | $12,566 |
| Impact on return, per year | 0.33% | 0.33% | 0.33% |
NCPB Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $76.6M
- Portfolio turnover (prospectus): 143%
NCPB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $12.0M | 19.02% |
| J.P. Morgan Securities LLC | $10.5M | 16.66% |
| BMO Capital Markets Corp. | $9.9M | 15.72% |
| Barclays Capital Inc. | $7.0M | 11.13% |
| Citigroup Global Markets Inc. | $5.9M | 9.43% |
| Wells Fargo Securities, LLC | $5.4M | 8.56% |
| BNP Paribas Securities Corp. | $3.9M | 6.17% |
| BofA Securities, Inc. | $3.5M | 5.49% |
| Citadel Securities LLC | $2.6M | 4.05% |
| Deutsche Bank Securities Inc. | $2.4M | 3.76% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.