RFCI Fees and Costs — RiverFront Dynamic Core Income ETF
Data updated: 2026-07-29
The net expense ratio is 0.51%. There are no sales loads or redemption fees. Portfolio turnover was 28%.
RFCI Fees and Expenses
Annual operating expenses and sales charges of RFCI. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.51% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.51% |
| Fee waiver | — |
| Net expense ratio | 0.51% |
| 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 |
RFCI Costs Over Time
On $10,000 invested in RFCI, assuming 5% a year before costs, total costs come to $322 over 5 years, cutting the return by 0.54% 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 0.51%) | $54 | $168 | $293 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $54 | $176 | $322 |
| Value after costs | $10,446 | $11,400 | $12,441 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
RFCI Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $12.7M
- Portfolio turnover (prospectus): 28%
- Securities lending: none during the year
RFCI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $3.9M | 30.62% |
| JPMORGAN DISTRIBUTION SERVICES, INC. | $2.2M | 17.56% |
| MARKETAXESS CORPORATION | $1.6M | 12.26% |
| JEFFERIES LLC | $1.2M | 9.40% |
| JANE STREET CAPITAL, LLC | $1.2M | 9.37% |
| WELLS FARGO SECURITIES, LLC | $1.1M | 8.78% |
| BARCLAYS CAPITAL INC. | $657K | 5.18% |
| MORGAN STANLEY | $448K | 3.54% |
| SANTANDER SECURITIES LLC | $220K | 1.74% |
| SUMRIDGE PARTNERS, LLC | $197K | 1.55% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.