NUSB Fees and Costs — Nuveen Ultra Short Income ETF
Data updated: 2026-10-13
The net expense ratio is 0.17%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $213 in broker commissions, 0.0001% of average net assets, and portfolio turnover was 16%.
NUSB Fees and Expenses
Annual operating expenses and sales charges of NUSB. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.17% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.17% |
| Fee waiver | — |
| Net expense ratio | 0.17% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
NUSB Costs Over Time
On $10,000 invested in NUSB, assuming 5% a year before costs, total costs come to $108 over 5 years, cutting the return by 0.18% 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 0.17%) | $18 | $56 | $98 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $3 | $10 |
| Total costs | $18 | $59 | $108 |
| Value after costs | $10,482 | $11,517 | $12,655 |
| Impact on return, per year | 0.18% | 0.18% | 0.18% |
NUSB 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): 0.0001%
- Total broker commissions: $213
- Bought from dealers (principal trades, not a cost): $630.4M
- Portfolio turnover (prospectus): 16%
NUSB Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $213 | 100.00% |
NUSB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY Mellon Capital Markets, LLC | $237.6M | 40.82% |
| Northern Trust Securities, Inc. | $82.6M | 14.19% |
| Barclays Capital Inc. | $59.8M | 10.27% |
| Citigroup Global Markets Inc. | $47.2M | 8.10% |
| J.P. Morgan Securities LLC | $42.1M | 7.23% |
| Wells Fargo Securities, LLC | $29.7M | 5.10% |
| BofA Securities, Inc. | $29.2M | 5.02% |
| RBC Capital Markets, LLC | $25.5M | 4.38% |
| Goldman Sachs & Co. LLC | $16.8M | 2.88% |
| Morgan Stanley & Co. LLC | $11.7M | 2.01% |
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.