BGLD Fees and Costs — FT Vest Gold Strategy Quarterly Buffer ETF
Data updated: 2026-10-01
The net expense ratio is 0.91%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $56K in broker commissions, 0.0880% of average net assets, and portfolio turnover was 0%.
BGLD Fees and Expenses
Annual operating expenses and sales charges of BGLD. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.90% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.91% |
| Fee waiver | — |
| Net expense ratio | 0.91% |
| 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 |
BGLD Costs Over Time
On $10,000 invested in BGLD, assuming 5% a year before costs, total costs come to $624 over 5 years, cutting the return by 1.05% 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 0.91%) | $96 | $298 | $517 |
| Trading costs (broker commissions) | $9 | $29 | $50 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $105 | $343 | $624 |
| Value after costs | $10,395 | $11,233 | $12,139 |
| Impact on return, per year | 1.05% | 1.05% | 1.05% |
BGLD Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0880%
- Total broker commissions: $56K
- Bought from dealers (principal trades, not a cost): $390.7M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
BGLD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| X-CHANGE FINANCIAL ACCESS, LLC | $50K | 89.53% |
| Wolverine Execution Services LLC | $6K | 10.47% |
BGLD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| TD SECURITIES (USA) LLC | $194.4M | 49.74% |
| BARCLAYS CAPITAL, INC. | $141.8M | 36.28% |
| GOLDMAN SACHS & CO. LLC | $54.6M | 13.97% |
| X-CHANGE FINANCIAL ACCESS, LLC | $113 | 0.00% |
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.