YUMY Fees and Costs — VanEck Future of Food ETF
Data updated: 2024-05-28
The net expense ratio is 0.69%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $171 in broker commissions, 0.0052% of average net assets, and portfolio turnover was 4%.
YUMY Fees and Expenses
Annual operating expenses and sales charges of YUMY. Prospectus, as of April 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.69% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.69% |
| Fee waiver | — |
| Net expense ratio | 0.69% |
| 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 |
YUMY Costs Over Time
On $10,000 invested in YUMY, assuming 5% a year before costs, total costs come to $438 over 5 years, cutting the return by 0.73% 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 0.69%) | $72 | $227 | $395 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $73 | $240 | $438 |
| Value after costs | $10,427 | $11,336 | $12,325 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
YUMY Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0052%
- Total broker commissions: $171
- Bought from dealers (principal trades, not a cost): $906K
- Portfolio turnover (prospectus): 4%
- Securities on loan, average value: $105K
- Net income from securities lending: $17K (0.504% of average net assets)
YUMY Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Sanford C. Bernstein & Co., LLC | $143 | 83.80% |
| BMO Capital Markets Corp. | $14 | 8.09% |
| Morgan Stanley & Co. LLC | $5 | 2.75% |
| BNY Mellon Capital Markets, LLC | $4 | 2.58% |
| BofA Securities, Inc. | $4 | 2.25% |
| Goldman Sachs & Co. LLC | $1 | 0.53% |
YUMY Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $906K | 100.00% |
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.