EIPX Fees and Costs — FT Energy Income Partners Strategy ETF
Data updated: 2026-09-24
The net expense ratio is 0.95%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $171K in broker commissions, 0.0460% of average net assets, and portfolio turnover was 38%.
EIPX Fees and Expenses
Annual operating expenses and sales charges of EIPX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.95% |
| Fee waiver | — |
| Net expense ratio | 0.95% |
| 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 |
EIPX Costs Over Time
On $10,000 invested in EIPX, assuming 5% a year before costs, total costs come to $623 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 0.95%) | $100 | $311 | $540 |
| Trading costs (broker commissions) | $5 | $15 | $26 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $105 | $342 | $623 |
| Value after costs | $10,395 | $11,234 | $12,140 |
| Impact on return, per year | 1.05% | 1.05% | 1.05% |
EIPX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0460%
- Total broker commissions: $171K
- Bought from dealers (principal trades, not a cost): $144.3M
- Portfolio turnover (prospectus): 38%
- Securities lending: none during the year
EIPX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $91K | 53.08% |
| MORGAN STANLEY & CO. LLC | $47K | 27.21% |
| GOLDMAN SACHS & CO. LLC | $14K | 7.98% |
| BTIG, LLC | $6K | 3.52% |
| SCOTIA CAPITAL (USA) INC. | $5K | 3.11% |
| RBC CAPITAL MARKETS, LLC | $4K | 2.12% |
| WELLS FARGO SECURITIES, LLC | $3K | 1.61% |
| J.P. MORGAN SECURITIES LLC | $943 | 0.55% |
| UBS Securities LLC | $885 | 0.52% |
| BARCLAYS CAPITAL, INC. | $529 | 0.31% |
EIPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $79.7M | 55.21% |
| VIRTU AMERICAS LLC | $33.5M | 23.20% |
| J.P. Morgan Securities LLC | $18.7M | 12.94% |
| RBC CAPITAL MARKETS, LLC | $5.7M | 3.97% |
| Jane Street Execution Services, LLC | $3.8M | 2.62% |
| CitiGroup Global Markets Inc. | $3.0M | 2.06% |
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.