NDVG Fees and Costs — Nuveen Dividend Growth ETF
Data updated: 2026-03-25
The net expense ratio is 0.65%: a 0.64% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $150 in broker commissions, 0.0012% of average net assets, and portfolio turnover was 10%.
NDVG Fees and Expenses
Annual operating expenses and sales charges of NDVG. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.64% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.65% |
| Fee waiver | — |
| Net expense ratio | 0.65% |
| 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 |
NDVG Costs Over Time
On $10,000 invested in NDVG, assuming 5% a year before costs, total costs come to $410 over 5 years, cutting the return by 0.68% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $11 | $37 |
| Total costs | $68 | $225 | $410 |
| Value after costs | $10,432 | $11,352 | $12,353 |
| Impact on return, per year | 0.68% | 0.68% | 0.68% |
NDVG Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0012%
- Total broker commissions: $150
- Bought from dealers (principal trades, not a cost): $14.5M
- Portfolio turnover (prospectus): 10%
- Securities lending: none during the year
NDVG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital Inc. | $36 | 27.60% |
| Piper Sandler & Co. | $17 | 12.65% |
| Jefferies LLC | $17 | 12.53% |
| Goldman Sachs & Co. LLC | $14 | 10.58% |
| Morgan Stanley & Co. LLC | $11 | 8.02% |
| BofA Securities, Inc. | $10 | 7.80% |
| Cowen and Company, LLC | $10 | 7.56% |
| RBC Capital Markets, LLC | $7 | 5.33% |
| Fidelity Brokerage Services LLC | $6 | 4.79% |
| Instinet, LLC | $4 | 3.14% |
NDVG Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $11.8M | 81.55% |
| Goldman Sachs & Co. LLC | $2.7M | 18.44% |
| RBC Capital Markets, LLC | $522 | 0.00% |
| Jefferies LLC | $227 | 0.00% |
| Virtu Americas LLC | $78 | 0.00% |
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.