FCTR Fees and Costs — First Trust Lunt U.S. Factor Rotation ETF
Data updated: 2026-08-21
The net expense ratio is 0.65%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $52K in broker commissions, 0.0840% of average net assets, and portfolio turnover was 371%.
FCTR Fees and Expenses
Annual operating expenses and sales charges of FCTR. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.65% |
| Fee waiver | — |
| Net expense ratio | 0.65% |
| 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 |
FCTR Costs Over Time
On $10,000 invested in FCTR, assuming 5% a year before costs, total costs come to $462 over 5 years, cutting the return by 0.77% 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 0.65%) | $68 | $214 | $371 |
| Trading costs (broker commissions) | $9 | $28 | $48 |
| Lost growth on money paid in costs | $0 | $12 | $42 |
| Total costs | $77 | $253 | $462 |
| Value after costs | $10,423 | $11,323 | $12,301 |
| Impact on return, per year | 0.77% | 0.77% | 0.77% |
FCTR 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): 0.0840%
- Total broker commissions: $52K
- Bought from dealers (principal trades, not a cost): $21.9M
- Portfolio turnover (prospectus): 371%
- Securities lending: none during the year
FCTR Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CANTOR FITZGERALD & CO. | $23K | 44.28% |
| OLD MISSION MARKETS LLC | $14K | 26.76% |
| BOFA SECURITIES, INC. | $7K | 13.45% |
| CITADEL SECURITIES LLC | $5K | 9.58% |
| RBC CAPITAL MARKETS, LLC | $3K | 5.85% |
| MIZUHO SECURITIES USA LLC | $26 | 0.05% |
| J.P. MORGAN SECURITIES LLC | $13 | 0.02% |
| BTIG, LLC | $1 | 0.00% |
FCTR Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $10.2M | 46.59% |
| CITADEL SECURITIES LLC | $6.5M | 29.67% |
| JANE STREET CAPITAL, LLC | $5.2M | 23.73% |
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.