TDIV Fees and Costs — First Trust NASDAQ Technology Dividend Index Fund
Data updated: 2026-08-21
The net expense ratio is 0.50%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $272K in broker commissions, 0.0114% of average net assets, and portfolio turnover was 24%.
TDIV Fees and Expenses
Annual operating expenses and sales charges of TDIV. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| 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 |
TDIV Costs Over Time
On $10,000 invested in TDIV, assuming 5% a year before costs, total costs come to $323 over 5 years, cutting the return by 0.54% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $54 | $177 | $323 |
| Value after costs | $10,446 | $11,400 | $12,440 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
TDIV Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0114%
- Total broker commissions: $272K
- Bought from dealers (principal trades, not a cost): $2.0B
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
TDIV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MIZUHO SECURITIES USA LLC | $119K | 43.67% |
| BOFA SECURITIES, INC. | $78K | 28.66% |
| BTIG, LLC | $68K | 24.89% |
| J.P. Morgan Securities LLC | $3K | 1.11% |
| RBC CAPITAL MARKETS, LLC | $2K | 0.65% |
| CANTOR FITZGERALD & CO. | $2K | 0.64% |
| CITADEL SECURITIES LLC | $613 | 0.23% |
| OLD MISSION CAPITAL, LLC | $434 | 0.16% |
TDIV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $833.1M | 42.54% |
| Mizuho Securities USA LLC | $665.2M | 33.97% |
| GOLDMAN SACHS & CO. LLC | $305.9M | 15.62% |
| CITADEL SECURITIES LLC | $125.9M | 6.43% |
| ABN AMRO Clearing USA LLC | $24.5M | 1.25% |
| RBC CAPITAL MARKETS LLC | $3.8M | 0.20% |
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.