TUSI Fees and Costs — Touchstone Ultra Short Income ETF
Data updated: 2026-08-26
The net expense ratio is 0.25%: a 0.18% management fee plus 0.25% other expenses, less a 0.18% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 101%.
TUSI Fees and Expenses
Annual operating expenses and sales charges of TUSI. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.18% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.25% |
| Gross expense ratio | 0.43% |
| Fee waiver | −0.18% |
| Net expense ratio | 0.25% |
| 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 |
TUSI Costs Over Time
On $10,000 invested in TUSI, assuming 5% a year before costs, total costs come to $159 over 5 years, cutting the return by 0.26% 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 0.25%) | $26 | $83 | $144 |
| Lost growth on money paid in costs | $0 | $4 | $14 |
| Total costs | $26 | $87 | $159 |
| Value after costs | $10,474 | $11,490 | $12,604 |
| Impact on return, per year | 0.26% | 0.26% | 0.26% |
TUSI 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $4.8B
- Portfolio turnover (prospectus): 101%
- Securities lending: none during the year
TUSI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $1.1B | 26.17% |
| J.P. Morgan Securities LLC | $619.1M | 14.32% |
| Truist Securities, Inc. | $550.3M | 12.73% |
| BOFA Securities, Inc. | $460.1M | 10.64% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $449.6M | 10.40% |
| MUFG Securities Americas Inc. | $315.3M | 7.29% |
| BNY Mellon Capital Markets, LLC | $228.5M | 5.28% |
| Mizuho Securities USA LLC | $225.5M | 5.22% |
| Citigroup Global Markets Inc. | $173.3M | 4.01% |
| Barclays Capital Inc. | $170.1M | 3.94% |
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.