FYC Fees and Costs — First Trust Small Cap Growth AlphaDEX Fund
Data updated: 2026-10-13
The net expense ratio is 0.70%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1.1M in broker commissions, 0.1318% of average net assets, and portfolio turnover was 162%.
FYC Fees and Expenses
Annual operating expenses and sales charges of FYC. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.70% |
| Fee waiver | — |
| Net expense ratio | 0.70% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | — |
| Redemption fee | — |
FYC Costs Over Time
On $10,000 invested in FYC, assuming 5% a year before costs, total costs come to $522 over 5 years, cutting the return by 0.87% 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 0.70%) | $74 | $230 | $399 |
| Trading costs (broker commissions) | $14 | $43 | $75 |
| Lost growth on money paid in costs | $0 | $13 | $48 |
| Total costs | $87 | $286 | $522 |
| Value after costs | $10,413 | $11,290 | $12,241 |
| Impact on return, per year | 0.87% | 0.87% | 0.87% |
FYC 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): 0.1318%
- Total broker commissions: $1.1M
- Bought from dealers (principal trades, not a cost): $1.9B
- Portfolio turnover (prospectus): 162%
FYC Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITADEL SECURITIES LLC | $755K | 66.70% |
| BTIG, LLC | $363K | 32.03% |
| CANTOR FITZGERALD & CO. | $14K | 1.27% |
| MIZUHO SECURITIES USA LLC | $37 | 0.00% |
| BOFA SECURITIES, INC. | $30 | 0.00% |
| OLD MISSION MARKETS LLC | $14 | 0.00% |
| GOLDMAN SACHS & CO. LLC | $12 | 0.00% |
| J.P. MORGAN SECURITIES LLC | $8 | 0.00% |
FYC Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $1.1B | 58.54% |
| GOLDMAN SACHS & CO. LLC | $375.1M | 19.30% |
| CITADEL SECURITIES LLC | $163.9M | 8.44% |
| RBC CAPITAL MARKETS, LLC | $97.5M | 5.02% |
| JANE STREET EXECUTION SERVICES, LLC | $93.0M | 4.79% |
| VIRTU AMERICAS LLC | $67.4M | 3.47% |
| CIDARA THERAPEUTICS INC | $8.7M | 0.45% |
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.