SDCP Fees and Costs — Virtus Newfleet Short Duration Core Plus Bond ETF
Data updated: 2026-10-13
The net expense ratio is 0.35% (0.40% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 46%.
SDCP Fees and Expenses
Annual operating expenses and sales charges of SDCP. Prospectus, as of November 25, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.40% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.35% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
SDCP Costs Over Time
On $10,000 invested in SDCP, assuming 5% a year before costs, total costs come to $222 over 5 years, cutting the return by 0.37% 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 0.35%) | $37 | $115 | $202 |
| Lost growth on money paid in costs | $0 | $6 | $20 |
| Total costs | $37 | $121 | $222 |
| Value after costs | $10,463 | $11,455 | $12,541 |
| Impact on return, per year | 0.37% | 0.37% | 0.37% |
SDCP Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $9.2M
- Portfolio turnover (prospectus): 46%
SDCP Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.4M | 20.34% |
| WELLS FARGO SECURITIES, LLC | $1.3M | 17.97% |
| MORGAN STANLEY & CO. LLC | $1.1M | 15.78% |
| GOLDMAN SACHS & CO. LLC | $979K | 13.97% |
| CitiGroup Global Markets Inc. | $609K | 8.68% |
| BOFA SECURITIES, INC. | $463K | 6.60% |
| BARCLAYS CAPITAL, INC. | $381K | 5.44% |
| Mizuho Securities USA LLC | $338K | 4.83% |
| DEUTSCHE BANK SECURITIES, INC. | $227K | 3.24% |
| U.S. BANCORP INVESTMENTS, INC. | $221K | 3.15% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.