OAKM Fees and Costs — Oakmark U.S. Large Cap ETF
Data updated: 2026-08-26
The net expense ratio is 0.59% (0.64% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $59K in broker commissions, 0.0158% of average net assets, and portfolio turnover was 11%.
OAKM Fees and Expenses
Annual operating expenses and sales charges of OAKM. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.64% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.64% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.59% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
OAKM Costs Over Time
On $10,000 invested in OAKM, assuming 5% a year before costs, total costs come to $382 over 5 years, cutting the return by 0.64% 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 0.59%) | $62 | $194 | $338 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $64 | $209 | $382 |
| Value after costs | $10,436 | $11,367 | $12,381 |
| Impact on return, per year | 0.64% | 0.64% | 0.64% |
OAKM Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0158%
- Total broker commissions: $59K
- Bought from dealers (principal trades, not a cost): $1.4B
- Portfolio turnover (prospectus): 11%
- Securities lending: none during the year
OAKM Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citadel Securities LLC | $20K | 37.14% |
| Barclays Capital Inc. | $11K | 19.59% |
| UBS Securities LLC | $6K | 10.35% |
| BofA Securities, Inc. | $5K | 9.56% |
| J.P. Morgan Securities LLC | $3K | 5.54% |
| Goldman Sachs & Co. LLC | $3K | 4.80% |
| BNP Paribas Securities Corp. | $2K | 3.96% |
| Sanford C. Bernstein & Co., LLC | $2K | 3.52% |
| Jefferies LLC | $2K | 2.79% |
| Liquidnet, Inc. | $2K | 2.76% |
OAKM Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $1.3B | 98.00% |
| UBS Securities LLC | $23.0M | 1.69% |
| BofA Securities, Inc. | $2.4M | 0.18% |
| Wells Fargo Securities, LLC | $1.7M | 0.13% |
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.