STOT Fees and Costs — State Street(R) DoubleLine(R) Short Duration Total Return Tactical ETF
Data updated: 2026-09-11
The net expense ratio is 0.45%. There are no sales loads or redemption fees. Portfolio turnover was 70%.
STOT Fees and Expenses
Annual operating expenses and sales charges of STOT. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.45% |
| Fee waiver | — |
| Net expense ratio | 0.45% |
| 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 |
STOT Costs Over Time
On $10,000 invested in STOT, assuming 5% a year before costs, total costs come to $285 over 5 years, cutting the return by 0.47% 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 0.45%) | $47 | $148 | $259 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $47 | $156 | $285 |
| Value after costs | $10,453 | $11,421 | $12,478 |
| Impact on return, per year | 0.47% | 0.47% | 0.47% |
STOT Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.1B
- Portfolio turnover (prospectus): 70%
- Securities lending: none during the year
STOT Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $552.9M | 58.30% |
| J.P. Morgan Securities LLC | $101.2M | 10.67% |
| Goldman Sachs & Co. LLC | $45.5M | 4.80% |
| Barclays Capital Inc. | $45.3M | 4.77% |
| Morgan Stanley & Co. LLC | $43.8M | 4.62% |
| BofA Securities, Inc. | $41.2M | 4.35% |
| Citigroup Global Markets Inc. | $32.9M | 3.47% |
| Wells Fargo Securities, LLC | $32.4M | 3.42% |
| Citadel Securities LLC | $30.3M | 3.20% |
| BMO Capital Markets Corp. | $22.8M | 2.40% |
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.