BUFH Fees and Costs — FT Vest Laddered Max Buffer ETF
Data updated: 2026-09-28
The net expense ratio is 0.96%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $96 in broker commissions, 0.0004% of average net assets, and portfolio turnover was 1%.
BUFH Fees and Expenses
Annual operating expenses and sales charges of BUFH. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.10% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.96% |
| Fee waiver | — |
| Net expense ratio | 0.96% |
| 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 |
BUFH Costs Over Time
On $10,000 invested in BUFH, assuming 5% a year before costs, total costs come to $601 over 5 years, cutting the return by 1.01% 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 0.96%) | $101 | $315 | $546 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $16 | $55 |
| Total costs | $101 | $330 | $601 |
| Value after costs | $10,399 | $11,246 | $12,162 |
| Impact on return, per year | 1.01% | 1.01% | 1.01% |
BUFH Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0004%
- Total broker commissions: $96
- Bought from dealers (principal trades, not a cost): $69.6M
- Portfolio turnover (prospectus): 1%
- Securities lending: none during the year
BUFH Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| OLD MISSION MARKETS LLC | $50 | 52.49% |
| JANE STREET EXECUTION SERVICES, LLC | $31 | 31.81% |
| BOFA SECURITIES, INC. | $6 | 6.02% |
| J.P. MORGAN SECURITIES LLC | $5 | 5.52% |
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $4 | 4.16% |
BUFH Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $33.3M | 47.79% |
| CITADEL SECURITIES LLC | $17.6M | 25.27% |
| JANE STREET EXECUTION SERVICES, LLC | $13.5M | 19.45% |
| VIRTU AMERICAS LLC | $3.1M | 4.49% |
| BOFA SECURITIES, INC. | $2.1M | 3.00% |
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.