NUDM Fees and Costs — Nuveen ESG International Developed Markets Equity ETF
Data updated: 2026-09-25
The net expense ratio is 0.27%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $13K in broker commissions, 0.0024% of average net assets, and portfolio turnover was 68%.
NUDM Fees and Expenses
Annual operating expenses and sales charges of NUDM. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.27% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.27% |
| Fee waiver | — |
| Net expense ratio | 0.27% |
| 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 |
NUDM Costs Over Time
On $10,000 invested in NUDM, assuming 5% a year before costs, total costs come to $173 over 5 years, cutting the return by 0.29% 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 0.27%) | $28 | $89 | $156 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $4 | $16 |
| Total costs | $29 | $94 | $173 |
| Value after costs | $10,471 | $11,482 | $12,590 |
| Impact on return, per year | 0.29% | 0.29% | 0.29% |
NUDM 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): 0.0024%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): $741.7M
- Portfolio turnover (prospectus): 68%
- Securities on loan, average value: $18K
- Net income from securities lending: $106 (0.000% of average net assets)
NUDM Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $7K | 55.44% |
| Morgan Stanley & Co. LLC | $2K | 18.17% |
| UBS Securities LLC | $2K | 15.29% |
| BofA Securities, Inc. | $1K | 10.89% |
| RBC Capital Markets, LLC | $15 | 0.11% |
| Instinet, LLC | $12 | 0.09% |
NUDM Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $378.9M | 51.08% |
| J.P. Morgan Securities LLC | $353.9M | 47.71% |
| Morgan Stanley & Co. LLC | $8.9M | 1.20% |
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.