FDD Fees and Costs — First Trust STOXX European Select Dividend Index Fund
Data updated: 2026-08-21
The net expense ratio is 0.56%: a 0.40% management fee plus 0.16% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $78K in broker commissions, 0.0469% of average net assets.
FDD Fees and Expenses
Annual operating expenses and sales charges of FDD. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.56% |
| Fee waiver | — |
| Net expense ratio | 0.56% |
| 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 | No |
FDD Costs Over Time
On $10,000 invested in FDD, assuming 5% a year before costs, total costs come to $383 over 5 years, cutting the return by 0.64% 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 0.56%) | $59 | $184 | $321 |
| Trading costs (broker commissions) | $5 | $15 | $27 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $64 | $209 | $383 |
| Value after costs | $10,436 | $11,367 | $12,380 |
| Impact on return, per year | 0.64% | 0.64% | 0.64% |
FDD Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0469%
- Total broker commissions: $78K
- Bought from dealers (principal trades, not a cost): $41.8M
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
FDD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $52K | 66.29% |
| J.P. MORGAN SECURITIES LLC | $24K | 30.22% |
| BOFA SECURITIES, INC. | $3K | 3.37% |
| Pershing LLC | $88 | 0.11% |
FDD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $18.3M | 43.77% |
| BOFA SECURITIES, INC. | $14.9M | 35.66% |
| GOLDMAN SACHS & CO. LLC | $4.5M | 10.86% |
| CitiGroup Global Markets Inc. | $2.3M | 5.48% |
| Mizuho Securities USA LLC | $1.8M | 4.23% |
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.