NUGO Fees and Costs — Nuveen Growth Opportunities ETF
Data updated: 2026-09-25
The net expense ratio is 0.50%: a 0.49% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $115K in broker commissions, 0.0042% of average net assets, and portfolio turnover was 46%.
NUGO Fees and Expenses
Annual operating expenses and sales charges of NUGO. Prospectus, as of May 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.49% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| 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 |
NUGO Costs Over Time
On $10,000 invested in NUGO, assuming 5% a year before costs, total costs come to $319 over 5 years, cutting the return by 0.53% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $53 | $174 | $319 |
| Value after costs | $10,447 | $11,402 | $12,444 |
| Impact on return, per year | 0.53% | 0.53% | 0.53% |
NUGO 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): 0.0042%
- Total broker commissions: $115K
- Bought from dealers (principal trades, not a cost): $1.1B
- Portfolio turnover (prospectus): 46%
- Securities lending: none during the year
NUGO Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $14K | 18.52% |
| RBC Capital Markets, LLC | $11K | 14.31% |
| Barclays Capital Inc. | $9K | 12.43% |
| Oppenheimer & Co. Inc. | $8K | 10.20% |
| BofA Securities, Inc. | $7K | 9.19% |
| UBS Securities LLC | $7K | 8.84% |
| Fidelity Brokerage Services LLC | $6K | 8.19% |
| Virtu Americas LLC | $5K | 6.22% |
| Morgan Stanley & Co. LLC | $5K | 6.07% |
| BMO Capital Markets Corp. | $5K | 6.03% |
NUGO Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $802.7M | 71.22% |
| Citigroup Global Markets Inc. | $323.7M | 28.72% |
| Goldman Sachs & Co. LLC | $758K | 0.07% |
| RBC Capital Markets, LLC | $1K | 0.00% |
| Fidelity Brokerage Services LLC | $222 | 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.