QDVBX Fees and Costs — FI Institutional Group ESG Fixed Income Fund for Retirement Plans
Data updated: 2026-07-30
The net expense ratio is 0.01%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3 in broker commissions, 0.0001% of average net assets, and portfolio turnover was 15%.
QDVBX Fees and Expenses
Annual operating expenses and sales charges of QDVBX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.01% |
| Fee waiver | — |
| Net expense ratio | 0.01% |
| Sales charges | |
|---|---|
| Max front load | — |
| 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 |
QDVBX Costs Over Time
On $10,000 invested in QDVBX, assuming 5% a year before costs, total costs come to $6 over 5 years, cutting the return by 0.01% 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 0.01%) | $1 | $3 | $6 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $0 | $1 |
| Total costs | $1 | $4 | $6 |
| Value after costs | $10,499 | $11,573 | $12,756 |
| Impact on return, per year | 0.01% | 0.01% | 0.01% |
QDVBX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0001%
- Total broker commissions: $3
- Bought from dealers (principal trades, not a cost): $940K
- Portfolio turnover (prospectus): 15%
- Securities lending: none during the year
QDVBX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| VIRTU AMERICAS LLC | $3 | 100.00% |
QDVBX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CITADEL SECURITIES | $487K | 51.78% |
| GOLDMAN SACHS & CO | $392K | 41.66% |
| TRADEWEB DIRECT LLC | $62K | 6.56% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.