RTRE Fees and Costs — Rareview Total Return Bond ETF
Data updated: 2026-08-26
The net expense ratio is 0.70% (1.33% before fee waivers). There are no sales loads or redemption fees. In fiscal 2024 the fund paid $2K in broker commissions, 0.0102% of average net assets, and portfolio turnover was 132%.
RTRE Fees and Expenses
Annual operating expenses and sales charges of RTRE. Prospectus, as of April 27, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.67% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.60% |
| Gross expense ratio | 1.33% |
| Fee waiver | −0.63% |
| Net expense ratio | 0.70% |
| 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 |
RTRE Costs Over Time
On $10,000 invested in RTRE, assuming 5% a year before costs, total costs come to $447 over 5 years, cutting the return by 0.75% 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 0.70%) | $74 | $230 | $400 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $12 | $41 |
| Total costs | $75 | $245 | $447 |
| Value after costs | $10,425 | $11,331 | $12,316 |
| Impact on return, per year | 0.75% | 0.75% | 0.75% |
RTRE 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): 0.0102%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $49.4M
- Portfolio turnover (prospectus): 132%
- Securities lending: none during the year
RTRE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Mischler Financial Group, Inc. | $2K | 95.05% |
| Clear Street LLC | $92 | 4.95% |
RTRE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STEPHENS INC. | $23.3M | 47.10% |
| GTS Securities, LLC | $13.0M | 26.37% |
| Tradeweb Direct LLC | $6.3M | 12.71% |
| Mischler Financial Group, Inc. | $2.7M | 5.48% |
| Citadel Securities LLC | $2.5M | 4.99% |
| Amherst Pierpont Securities LLC | $1.5M | 3.02% |
| Virtu Americas LLC | $165K | 0.33% |
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.