C000111397 Fees and Costs — First Trust/Dow Jones Dividend & Income Allocation Portfolio, Class I
Data updated: 2026-08-21
The net expense ratio is 1.18%: a 0.60% management fee, a 0.25% 12b-1 fee plus 0.33% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $106K in broker commissions, 0.0129% of average net assets, and portfolio turnover was 67%.
C000111397 Fees and Expenses
Annual operating expenses and sales charges of C000111397. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.33% |
| Gross expense ratio | 1.18% |
| Fee waiver | — |
| Net expense ratio | 1.18% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | Yes |
C000111397 Costs Over Time
On $10,000 invested in C000111397, assuming 5% a year before costs, total costs come to $743 over 5 years, cutting the return by 1.25% 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 1.18%) | $124 | $386 | $668 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $19 | $68 |
| Total costs | $125 | $409 | $743 |
| Value after costs | $10,375 | $11,167 | $12,020 |
| Impact on return, per year | 1.25% | 1.25% | 1.25% |
C000111397 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): 0.0129%
- Total broker commissions: $106K
- Bought from dealers (principal trades, not a cost): $579.5M
- Portfolio turnover (prospectus): 67%
- Securities lending: none during the year
C000111397 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $58K | 55.22% |
| BTIG, LLC | $47K | 44.78% |
C000111397 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $100.5M | 21.16% |
| BARCLAYS CAPITAL, INC. | $79.2M | 16.68% |
| J.P. Morgan Securities LLC | $63.3M | 13.32% |
| MORGAN STANLEY & CO. LLC | $59.7M | 12.58% |
| CitiGroup Global Markets Inc. | $56.4M | 11.87% |
| Goldman Sachs & Co. LLC | $40.3M | 8.49% |
| Jane Street Execution Services, LLC | $21.5M | 4.53% |
| WELLS FARGO SECURITIES, LLC | $20.8M | 4.37% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $17.6M | 3.70% |
| RBC CAPITAL MARKETS, LLC | $15.7M | 3.30% |
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.