SCDV Fees and Costs — Bahl & Gaynor Small Cap Dividend ETF
Data updated: 2026-08-28
The net expense ratio is 0.70%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $30K in broker commissions, 0.0271% of average net assets, and portfolio turnover was 24%.
SCDV Fees and Expenses
Annual operating expenses and sales charges of SCDV. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.70% |
| Fee waiver | — |
| Net expense ratio | 0.70% |
| 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 |
SCDV Costs Over Time
On $10,000 invested in SCDV, assuming 5% a year before costs, total costs come to $457 over 5 years, cutting the return by 0.76% 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) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $12 | $42 |
| Total costs | $76 | $251 | $457 |
| Value after costs | $10,424 | $11,326 | $12,306 |
| Impact on return, per year | 0.76% | 0.76% | 0.76% |
SCDV Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0271%
- Total broker commissions: $30K
- Bought from dealers (principal trades, not a cost): $3.4M
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
SCDV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC CAPITAL MARKETS, LLC | $11K | 35.79% |
| JEFFERIES LLC | $5K | 17.34% |
| GOLDMAN SACHS & CO. LLC | $5K | 17.16% |
| BTIG, LLC | $3K | 8.98% |
| J.P. MORGAN SECURITIES LLC | $2K | 8.30% |
| WELLS FARGO SECURITIES, LLC | $2K | 8.14% |
| PIPER SANDLER & CO. | $705 | 2.34% |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | $559 | 1.86% |
| CAPITAL INSTITUTIONAL SERVICES, INC. | $29 | 0.10% |
SCDV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| U.S. BANCORP INVESTMENTS INC. | $3.4M | 100.00% |
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.