TDEC Fees and Costs — FT Vest Emerging Markets Buffer ETF - December
Data updated: 2026-09-28
The net expense ratio is 0.95%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $46K in broker commissions, 0.6487% of average net assets, and portfolio turnover was 0%.
TDEC Fees and Expenses
Annual operating expenses and sales charges of TDEC. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.95% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.95% |
| Fee waiver | — |
| Net expense ratio | 0.95% |
| 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 |
TDEC Costs Over Time
On $10,000 invested in TDEC, assuming 5% a year before costs, total costs come to $988 over 5 years, cutting the return by 1.68% 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 0.95%) | $100 | $309 | $533 |
| Trading costs (broker commissions) | $68 | $211 | $364 |
| Lost growth on money paid in costs | $0 | $26 | $91 |
| Total costs | $168 | $546 | $988 |
| Value after costs | $10,332 | $11,030 | $11,775 |
| Impact on return, per year | 1.68% | 1.68% | 1.68% |
TDEC Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.6487%
- Total broker commissions: $46K
- Bought from dealers (principal trades, not a cost): $68.6M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
TDEC Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CASEY SECURITIES LLC | $23K | 50.71% |
| X-CHANGE FINANCIAL ACCESS, LLC | $12K | 25.13% |
| Wolverine Execution Services LLC | $11K | 24.16% |
TDEC Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $50.4M | 73.51% |
| GOLDMAN SACHS & CO. LLC | $15.8M | 23.03% |
| TD SECURITIES (USA) LLC | $2.4M | 3.46% |
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.