OBND Fees and Costs — State Street(R) Loomis Sayles Opportunistic Bond ETF
Data updated: 2026-09-11
The net expense ratio is 0.55%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $11K in broker commissions, 0.0216% of average net assets, and portfolio turnover was 129%.
OBND Fees and Expenses
Annual operating expenses and sales charges of OBND. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.55% |
| Fee waiver | — |
| Net expense ratio | 0.55% |
| 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 |
OBND Costs Over Time
On $10,000 invested in OBND, assuming 5% a year before costs, total costs come to $361 over 5 years, cutting the return by 0.60% 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 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $60 | $197 | $361 |
| Value after costs | $10,440 | $11,379 | $12,402 |
| Impact on return, per year | 0.60% | 0.60% | 0.60% |
OBND Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0216%
- Total broker commissions: $11K
- Bought from dealers (principal trades, not a cost): $221.8M
- Portfolio turnover (prospectus): 129%
- Securities lending: none during the year
OBND Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $9K | 76.98% |
| BofA Securities, Inc. | $1K | 10.93% |
| Citigroup Global Markets Inc. | $1K | 9.58% |
| Goldman Sachs & Co. LLC | $280 | 2.50% |
OBND Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $70.6M | 35.46% |
| Morgan Stanley & Co. LLC | $52.4M | 26.30% |
| Goldman Sachs & Co. LLC | $26.4M | 13.27% |
| J.P. Morgan Securities LLC | $14.6M | 7.34% |
| Barclays Capital Inc. | $10.2M | 5.12% |
| BofA Securities, Inc. | $9.9M | 4.96% |
| Citigroup Global Markets Inc. | $7.5M | 3.77% |
| Jane Street Execution Services, LLC | $2.8M | 1.42% |
| Wells Fargo Securities, LLC | $2.5M | 1.25% |
| BNP Paribas Securities Corp. | $2.2M | 1.12% |
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.