RTAI Fees and Costs — Rareview Tax Advantaged Income ETF
Data updated: 2026-08-26
The net expense ratio is 4.59% (5.24% before fee waivers). There are no sales loads or redemption fees. In fiscal 2024 the fund paid $29K in broker commissions, 0.1492% of average net assets, and portfolio turnover was 51%.
RTAI Fees and Expenses
Annual operating expenses and sales charges of RTAI. Prospectus, as of April 27, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.15% |
| Gross expense ratio | 5.24% |
| Fee waiver | −0.65% |
| Net expense ratio | 4.59% |
| 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 | Yes |
RTAI Costs Over Time
On $10,000 invested in RTAI, assuming 5% a year before costs, total costs come to $2,751 over 5 years, cutting the return by 4.98% 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 4.59%) | $482 | $1,446 | $2,411 |
| Trading costs (broker commissions) | $16 | $47 | $78 |
| Lost growth on money paid in costs | $0 | $76 | $262 |
| Total costs | $498 | $1,569 | $2,751 |
| Value after costs | $10,002 | $10,007 | $10,012 |
| Impact on return, per year | 4.98% | 4.98% | 4.98% |
RTAI Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.1492%
- Total broker commissions: $29K
- Bought from dealers (principal trades, not a cost): $2.7M
- Portfolio turnover (prospectus): 51%
- Securities lending: none during the year
RTAI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Mischler Financial Group, Inc. | $21K | 71.07% |
| Clear Street LLC | $5K | 17.87% |
| Interactive Brokers LLC | $3K | 11.06% |
RTAI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $2.5M | 91.67% |
| Virtu Americas LLC | $224K | 8.33% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.