NWLG Fees and Costs — Nuveen Winslow Large-Cap Growth ESG 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 $4K in broker commissions, 0.0349% of average net assets, and portfolio turnover was 104%.
NWLG Fees and Expenses
Annual operating expenses and sales charges of NWLG. 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 |
NWLG Costs Over Time
On $10,000 invested in NWLG, assuming 5% a year before costs, total costs come to $431 over 5 years, cutting the return by 0.72% 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) | $4 | $11 | $20 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $72 | $236 | $431 |
| Value after costs | $10,428 | $11,340 | $12,332 |
| Impact on return, per year | 0.72% | 0.72% | 0.72% |
NWLG 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): 0.0349%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $4.1M
- Portfolio turnover (prospectus): 104%
- Securities on loan, average value: $16K
- Net income from securities lending: $80 (0.001% of average net assets)
NWLG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $755 | 22.89% |
| Barclays Capital Inc. | $488 | 14.81% |
| Jefferies LLC | $419 | 12.70% |
| J.P. Morgan Securities LLC | $392 | 11.88% |
| BofA Securities, Inc. | $339 | 10.28% |
| Wells Fargo Securities, LLC | $290 | 8.79% |
| Pershing LLC | $262 | 7.96% |
| Evercore Group L.L.C. | $127 | 3.85% |
| Goldman Sachs & Co. LLC | $127 | 3.84% |
| Citigroup Global Markets Inc. | $99 | 2.99% |
NWLG Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $2.4M | 58.54% |
| RBC Capital Markets, LLC | $1.0M | 24.82% |
| Morgan Stanley & Co. LLC | $686K | 16.64% |
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.