FTCB Fees and Costs — First Trust Core Investment Grade ETF
Data updated: 2026-10-13
The net expense ratio is 0.56%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $21K in broker commissions, 0.0010% of average net assets, and portfolio turnover was 183%.
FTCB Fees and Expenses
Annual operating expenses and sales charges of FTCB. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.56% |
| Fee waiver | — |
| Net expense ratio | 0.56% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | — |
FTCB Costs Over Time
On $10,000 invested in FTCB, assuming 5% a year before costs, total costs come to $354 over 5 years, cutting the return by 0.59% 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) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $59 | $194 | $354 |
| Value after costs | $10,441 | $11,383 | $12,409 |
| Impact on return, per year | 0.59% | 0.59% | 0.59% |
FTCB Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0010%
- Total broker commissions: $21K
- Bought from dealers (principal trades, not a cost): $4.0B
- Portfolio turnover (prospectus): 183%
FTCB Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $21K | 100.00% |
FTCB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CITIGROUP GLOBAL MARKETS INC. | $638.1M | 19.92% |
| J.P. MORGAN SECURITIES LLC | $528.9M | 16.51% |
| BOFA SECURITIES, INC. | $357.9M | 11.17% |
| GOLDMAN SACHS & CO. LLC | $342.9M | 10.70% |
| BMO CAPITAL MARKETS CORP. | $293.8M | 9.17% |
| WELLS FARGO SECURITIES, LLC | $259.0M | 8.09% |
| MORGAN STANLEY & CO. LLC | $256.7M | 8.01% |
| BARCLAYS CAPITAL, INC. | $223.3M | 6.97% |
| MIZUHO SECURITIES USA LLC | $187.5M | 5.85% |
| BNP PARIBAS SECURITIES CORP. | $115.3M | 3.60% |
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.