FTBI Fees and Costs — First Trust Balanced Income ETF
Data updated: 2026-08-21
The net expense ratio is 0.98%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $473 in broker commissions, 0.0047% of average net assets, and portfolio turnover was 5%.
FTBI Fees and Expenses
Annual operating expenses and sales charges of FTBI. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.98% |
| Fee waiver | — |
| Net expense ratio | 0.98% |
| 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 |
FTBI Costs Over Time
On $10,000 invested in FTBI, assuming 5% a year before costs, total costs come to $616 over 5 years, cutting the return by 1.03% 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 0.98%) | $103 | $321 | $557 |
| Trading costs (broker commissions) | $0 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $16 | $56 |
| Total costs | $103 | $339 | $616 |
| Value after costs | $10,397 | $11,238 | $12,147 |
| Impact on return, per year | 1.03% | 1.03% | 1.03% |
FTBI Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0047%
- Total broker commissions: $473
- Bought from dealers (principal trades, not a cost): $55.8M
- Portfolio turnover (prospectus): 5%
- Securities lending: none during the year
FTBI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $422 | 89.30% |
| Jane Street Execution Services, LLC | $19 | 4.05% |
| CITADEL SECURITIES LLC | $14 | 3.01% |
| OLD MISSION MARKETS LLC | $11 | 2.35% |
| FLOW TRADERS U.S. INSTITUTIONAL TRADING LLC | $3 | 0.72% |
| BOFA SECURITIES, INC. | $3 | 0.57% |
FTBI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $22.6M | 40.46% |
| Jane Street Execution Services, LLC | $15.4M | 27.64% |
| BOFA SECURITIES, INC. | $12.5M | 22.41% |
| CITADEL SECURITIES LLC | $5.3M | 9.50% |
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.