SHRY Fees and Costs — First Trust Bloomberg Shareholder Yield ETF
Data updated: 2026-08-21
The net expense ratio is 0.60%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $5K in broker commissions, 0.0282% of average net assets, and portfolio turnover was 149%.
SHRY Fees and Expenses
Annual operating expenses and sales charges of SHRY. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.60% |
| Fee waiver | — |
| Net expense ratio | 0.60% |
| 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 |
SHRY Costs Over Time
On $10,000 invested in SHRY, assuming 5% a year before costs, total costs come to $396 over 5 years, cutting the return by 0.66% 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) | $3 | $9 | $16 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $66 | $217 | $396 |
| Value after costs | $10,434 | $11,359 | $12,367 |
| Impact on return, per year | 0.66% | 0.66% | 0.66% |
SHRY 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): 0.0282%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $23.4M
- Portfolio turnover (prospectus): 149%
- Securities lending: none during the year
SHRY Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC CAPITAL MARKETS, LLC | $2K | 50.44% |
| CITADEL SECURITIES LLC | $1K | 25.51% |
| BNP Paribas Securities Corp. | $984 | 20.14% |
| MIZUHO SECURITIES USA LLC | $167 | 3.43% |
| CANTOR FITZGERALD & CO. | $15 | 0.30% |
| BOFA SECURITIES, INC. | $6 | 0.12% |
| OLD MISSION MARKETS LLC | $3 | 0.06% |
SHRY Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $14.8M | 63.37% |
| RBC CAPITAL MARKETS, LLC | $8.6M | 36.63% |
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.