RVNU Fees and Costs — Xtrackers Municipal Infrastructure Revenue Bond ETF
Data updated: 2026-08-13
The net expense ratio is 0.15%. There are no sales loads or redemption fees. Portfolio turnover was 24%.
RVNU Fees and Expenses
Annual operating expenses and sales charges of RVNU. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.15% |
| Fee waiver | — |
| Net expense ratio | 0.15% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
RVNU Costs Over Time
On $10,000 invested in RVNU, assuming 5% a year before costs, total costs come to $95 over 5 years, cutting the return by 0.16% 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 0.15%) | $16 | $50 | $87 |
| Lost growth on money paid in costs | $0 | $2 | $9 |
| Total costs | $16 | $52 | $95 |
| Value after costs | $10,484 | $11,524 | $12,667 |
| Impact on return, per year | 0.16% | 0.16% | 0.16% |
RVNU Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $68.0M
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
RVNU Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $15.9M | 30.91% |
| ICE Securities Execution & Clearing LLC | $7.6M | 14.79% |
| HEADLANDS TECH GLOBAL MARKETS, LLC | $6.7M | 12.98% |
| UBS SECURITIES LLC | $4.7M | 9.08% |
| J.P. Morgan Securities LLC | $4.1M | 7.90% |
| WELLS FARGO SECURITIES, LLC | $3.4M | 6.60% |
| GOLDMAN SACHS & CO. LLC | $2.8M | 5.39% |
| TRUIST SECURITIES, INC. | $2.3M | 4.52% |
| STIFEL FINANCIAL CORP. | $2.1M | 4.15% |
| HILLTOP SECURITIES INC. | $1.9M | 3.66% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.