FDCPX Fees and Costs — Select Tech Hardware Portfolio
Data updated: 2026-07-24
The net expense ratio is 0.67%: a 0.65% management fee plus 0.02% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $460K in broker commissions, 0.0367% of average net assets, and portfolio turnover was 53%.
FDCPX Fees and Expenses
Annual operating expenses and sales charges of FDCPX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.67% |
| Fee waiver | — |
| Net expense ratio | 0.67% |
| Sales charges | |
|---|---|
| Max front load | — |
| 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 | No |
FDCPX Costs Over Time
On $10,000 invested in FDCPX, assuming 5% a year before costs, total costs come to $445 over 5 years, cutting the return by 0.74% 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 0.67%) | $70 | $220 | $383 |
| Trading costs (broker commissions) | $4 | $12 | $21 |
| Lost growth on money paid in costs | $0 | $11 | $41 |
| Total costs | $74 | $244 | $445 |
| Value after costs | $10,426 | $11,333 | $12,318 |
| Impact on return, per year | 0.74% | 0.74% | 0.74% |
FDCPX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0367%
- Total broker commissions: $460K
- Bought from dealers (principal trades, not a cost): $159K
- Portfolio turnover (prospectus): 53%
- Securities on loan, average value: $6.5M
- Net income from securities lending: $10K (0.001% of average net assets)
FDCPX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES FINANCIAL GROUP INC | $67K | 16.45% |
| GOLDMAN SACHS GROUP INC (THE) | $64K | 15.64% |
| MACQUARIE GROUP LTD | $54K | 13.09% |
| CITIGROUP INC | $47K | 11.39% |
| JPMORGAN CHASE and CO | $43K | 10.51% |
| MORGAN STANLEY | $42K | 10.18% |
| VIRTU FINANCIAL INC | $33K | 8.00% |
| BANK OF AMERICA CORPORATION | $29K | 7.20% |
| UBS GROUP AG | $17K | 4.25% |
| NEEDHAM GROUP INC | $13K | 3.29% |
FDCPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY | $159K | 100.00% |
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.