UITB Fees and Costs — VictoryShares Core Intermediate Bond ETF
Data updated: 2026-09-11
The net expense ratio is 0.38%: a 0.30% management fee plus 0.08% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 19%.
UITB Fees and Expenses
Annual operating expenses and sales charges of UITB. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | — |
| Other expenses | 0.08% |
| Gross expense ratio | 0.38% |
| Fee waiver | — |
| Net expense ratio | 0.38% |
| 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 |
UITB Costs Over Time
On $10,000 invested in UITB, assuming 5% a year before costs, total costs come to $241 over 5 years, cutting the return by 0.40% 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 0.38%) | $40 | $125 | $219 |
| Lost growth on money paid in costs | $0 | $6 | $22 |
| Total costs | $40 | $131 | $241 |
| Value after costs | $10,460 | $11,445 | $12,522 |
| Impact on return, per year | 0.40% | 0.40% | 0.40% |
UITB 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): $4.4B
- Portfolio turnover (prospectus): 19%
- Securities on loan, average value: $11.9M
- Net income from securities lending: $40K (0.002% of average net assets)
UITB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.0B | 26.72% |
| Wells Fargo Securities, LLC | $749.1M | 19.67% |
| Mizuho Securities USA LLC | $515.0M | 13.52% |
| BofA Securities, Inc. | $344.4M | 9.04% |
| Citigroup Global Markets Inc. | $312.7M | 8.21% |
| Goldman Sachs & Co. LLC | $286.7M | 7.53% |
| Truist Securities, Inc. | $197.5M | 5.19% |
| Jane Street Capital, LLC | $188.2M | 4.94% |
| MUFG Securities Americas Inc. | $108.8M | 2.86% |
| Barclays Capital Inc. | $88.2M | 2.32% |
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.