BGSIX Fees and Costs — BlackRock Technology Opportunities Fund, Institutional Class
Data updated: 2026-09-24
The net expense ratio is 0.89%: a 0.75% management fee plus 0.19% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $2.1M in broker commissions, 0.0305% of average net assets, and portfolio turnover was 57%.
BGSIX Fees and Expenses
Annual operating expenses and sales charges of BGSIX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.94% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.89% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
BGSIX Costs Over Time
On $10,000 invested in BGSIX, assuming 5% a year before costs, total costs come to $577 over 5 years, cutting the return by 0.97% 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 0.89%) | $93 | $292 | $506 |
| Trading costs (broker commissions) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $97 | $317 | $577 |
| Value after costs | $10,403 | $11,260 | $12,186 |
| Impact on return, per year | 0.97% | 0.97% | 0.97% |
BGSIX 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): 0.0305%
- Total broker commissions: $2.1M
- Bought from dealers (principal trades, not a cost): $2.4B
- Portfolio turnover (prospectus): 57%
- Securities on loan, average value: $37.1M
- Net income from securities lending: $1.3M (0.018% of average net assets)
BGSIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $368K | 19.43% |
| BOFA SECURITIES, INC. | $284K | 15.03% |
| J.P. Morgan Securities LLC | $251K | 13.27% |
| MORGAN STANLEY & CO. LLC | $240K | 12.67% |
| GOLDMAN SACHS & CO. LLC | $220K | 11.63% |
| CITIGROUP GLOBAL MARKETS INC. | $187K | 9.88% |
| JEFFERIES LLC | $169K | 8.95% |
| BARCLAYS CAPITAL, INC. | $65K | 3.43% |
| TD SECURITIES (USA) LLC | $61K | 3.22% |
| Instinet LLC | $47K | 2.49% |
BGSIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Liquidity Funds T-Fund | $2.3B | 94.96% |
| MORGAN STANLEY & CO. LLC | $66.7M | 2.78% |
| J.P. Morgan Securities LLC | $25.0M | 1.04% |
| BNY MELLON CAPITAL MARKETS, LLC | $11.0M | 0.46% |
| Direct Access Partners LLC | $10.7M | 0.45% |
| GOLDMAN SACHS & CO. LLC | $5.9M | 0.25% |
| UBS SECURITIES LLC | $1.6M | 0.06% |
BlackRock Technology Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000216612 | Class K | 0.83% | — |
| BGSIX | Institutional Class | 0.89% | none |
| BGSAX | Investor A | 1.14% | 5.25% |
| BSTSX | Service Class | 1.14% | — |
| C000037630 | Class R | 1.39% | none |
| BGSCX | Investor C | 1.89% | none |
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.