USDY Fees and Costs — Pacific Global US Equity Income ETF
Data updated: 2020-11-13
The net expense ratio is 0.29%. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $14K in broker commissions, 0.0478% of average net assets, and portfolio turnover was 21%.
USDY Fees and Expenses
Annual operating expenses and sales charges of USDY. Prospectus, as of June 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.29% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.29% |
| Fee waiver | — |
| Net expense ratio | 0.29% |
| 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 |
USDY Costs Over Time
On $10,000 invested in USDY, assuming 5% a year before costs, total costs come to $214 over 5 years, cutting the return by 0.35% 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 0.29%) | $30 | $96 | $167 |
| Trading costs (broker commissions) | $5 | $16 | $28 |
| Lost growth on money paid in costs | $0 | $5 | $20 |
| Total costs | $35 | $117 | $214 |
| Value after costs | $10,465 | $11,459 | $12,549 |
| Impact on return, per year | 0.35% | 0.35% | 0.35% |
USDY Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0478%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 21%
- Securities lending: none during the year
USDY Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Abel Noser LLC | $9K | 65.39% |
| Virtu Americas LLC | $3K | 24.97% |
| Canaccord Genuity LLC | $1K | 9.60% |
| Instinet LLC | $6 | 0.04% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.