VABS Fees and Costs — Virtus Newfleet ABS/MBS ETF
Data updated: 2026-10-13
The net expense ratio is 0.39% (0.49% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 70%.
VABS Fees and Expenses
Annual operating expenses and sales charges of VABS. Prospectus, as of November 25, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.49% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.49% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.39% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
VABS Costs Over Time
On $10,000 invested in VABS, assuming 5% a year before costs, total costs come to $247 over 5 years, cutting the return by 0.41% 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 0.39%) | $41 | $129 | $224 |
| Lost growth on money paid in costs | $0 | $6 | $23 |
| Total costs | $41 | $135 | $247 |
| Value after costs | $10,459 | $11,441 | $12,516 |
| Impact on return, per year | 0.41% | 0.41% | 0.41% |
VABS 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): $105.9M
- Portfolio turnover (prospectus): 70%
VABS Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO SECURITIES, LLC | $14.7M | 19.61% |
| J.P. Morgan Securities LLC | $12.4M | 16.52% |
| MORGAN STANLEY & CO. LLC | $8.7M | 11.63% |
| BARCLAYS CAPITAL, INC. | $8.7M | 11.59% |
| CitiGroup Global Markets Inc. | $5.8M | 7.75% |
| MUFG SECURITIES AMERICAS INC. | $5.6M | 7.45% |
| GOLDMAN SACHS & CO. LLC | $5.1M | 6.81% |
| SMBC NIKKO SECURITIES AMERICA, INC. | $4.8M | 6.37% |
| Mesirow Financial Inc. | $4.7M | 6.23% |
| Santander US Capital Markets LLC | $4.5M | 6.04% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.