FXR Fees and Costs — First Trust Industrials/Producer Durables AlphaDEX Fund
Data updated: 2026-10-13
The net expense ratio is 0.60%: a 0.50% management fee plus 0.10% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $245K in broker commissions, 0.0212% of average net assets, and portfolio turnover was 97%.
FXR Fees and Expenses
Annual operating expenses and sales charges of FXR. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.10% |
| Gross expense ratio | 0.60% |
| Fee waiver | — |
| Net expense ratio | 0.60% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | — |
FXR Costs Over Time
On $10,000 invested in FXR, assuming 5% a year before costs, total costs come to $392 over 5 years, cutting the return by 0.65% 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 0.60%) | $63 | $197 | $344 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $65 | $214 | $392 |
| Value after costs | $10,435 | $11,362 | $12,371 |
| Impact on return, per year | 0.65% | 0.65% | 0.65% |
FXR 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): 0.0212%
- Total broker commissions: $245K
- Bought from dealers (principal trades, not a cost): $2.0B
- Portfolio turnover (prospectus): 97%
FXR Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $90K | 36.81% |
| OLD MISSION MARKETS LLC | $57K | 23.31% |
| CITADEL SECURITIES LLC | $55K | 22.30% |
| MIZUHO SECURITIES USA LLC | $41K | 16.75% |
| CANTOR FITZGERALD & CO. | $2K | 0.73% |
| BTIG, LLC | $238 | 0.10% |
| RBC CAPITAL MARKETS, LLC | $1 | 0.00% |
| J.P. Morgan Securities LLC | $0 | 0.00% |
FXR Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $938.9M | 47.39% |
| Jane Street Execution Services, LLC | $369.7M | 18.66% |
| CITADEL SECURITIES LLC | $186.0M | 9.39% |
| Goldman Sachs & Co. LLC | $178.8M | 9.02% |
| RBC CAPITAL MARKETS, LLC | $153.5M | 7.75% |
| MORGAN STANLEY & CO. LLC | $80.6M | 4.07% |
| VIRTU AMERICAS LLC | $40.7M | 2.05% |
| BNP PARIBAS SECURITIES CORP. | $16.3M | 0.82% |
| HRT FINANCIAL LP | $12.0M | 0.61% |
| J.P. Morgan Securities LLC | $4.5M | 0.23% |
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.