AGQI Fees and Costs — First Trust Active Global Quality Income ETF
Data updated: 2026-07-23
The net expense ratio is 0.85%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $24K in broker commissions, 0.0435% of average net assets, and portfolio turnover was 64%.
AGQI Fees and Expenses
Annual operating expenses and sales charges of AGQI. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.85% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.85% |
| Fee waiver | — |
| Net expense ratio | 0.85% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
AGQI Costs Over Time
On $10,000 invested in AGQI, assuming 5% a year before costs, total costs come to $560 over 5 years, cutting the return by 0.94% 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 0.85%) | $89 | $279 | $484 |
| Trading costs (broker commissions) | $5 | $14 | $25 |
| Lost growth on money paid in costs | $0 | $14 | $51 |
| Total costs | $94 | $308 | $560 |
| Value after costs | $10,406 | $11,269 | $12,203 |
| Impact on return, per year | 0.94% | 0.94% | 0.94% |
AGQI Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending November 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0435%
- Total broker commissions: $24K
- Bought from dealers (principal trades, not a cost): $8.6M
- Portfolio turnover (prospectus): 64%
- Securities lending: none during the year
AGQI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $12K | 49.31% |
| BOFA SECURITIES, INC. | $7K | 28.50% |
| J.P. Morgan Securities LLC | $5K | 18.75% |
| MIZUHO SECURITIES USA LLC | $764 | 3.13% |
| OLD MISSION MARKETS LLC | $73 | 0.30% |
AGQI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $6.6M | 76.48% |
| UBS SECURITIES LLC | $1.3M | 15.15% |
| CitiGroup Global Markets Inc. | $719K | 8.36% |
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.