C000004048 Fees and Costs — BlackRock Advantage Small Cap Growth Fund, Service Class
Data updated: 2026-08-27
The net expense ratio is 0.75%: a 0.45% management fee, a 0.25% 12b-1 fee plus 0.30% other expenses, less a 0.25% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $514K in broker commissions, 0.0919% of average net assets, and portfolio turnover was 144%.
C000004048 Fees and Expenses
Annual operating expenses and sales charges of C000004048. Prospectus, as of January 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.30% |
| Gross expense ratio | 1.00% |
| Fee waiver | −0.25% |
| Net expense ratio | 0.75% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000004048 Costs Over Time
On $10,000 invested in C000004048, assuming 5% a year before costs, total costs come to $528 over 5 years, cutting the return by 0.88% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $10 | $30 | $52 |
| Lost growth on money paid in costs | $0 | $14 | $48 |
| Total costs | $88 | $290 | $528 |
| Value after costs | $10,412 | $11,286 | $12,235 |
| Impact on return, per year | 0.88% | 0.88% | 0.88% |
C000004048 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): 0.0919%
- Total broker commissions: $514K
- Bought from dealers (principal trades, not a cost): $1.7M
- Portfolio turnover (prospectus): 144%
- Securities on loan, average value: $27.5M
- Net income from securities lending: $122K (0.022% of average net assets)
C000004048 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL, INC. | $56K | 14.64% |
| GOLDMAN SACHS & CO. LLC | $50K | 13.17% |
| J.P. Morgan Securities LLC | $48K | 12.44% |
| UBS Securities LLC | $47K | 12.31% |
| MORGAN STANLEY & CO. LLC | $45K | 11.79% |
| BOFA SECURITIES, INC. | $39K | 10.24% |
| TD SECURITIES (USA) LLC | $29K | 7.60% |
| BNP Paribas Securities Corp. | $26K | 6.92% |
| JEFFERIES LLC | $24K | 6.34% |
| BTIG, LLC | $17K | 4.56% |
C000004048 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Liquidity Funds T-Fund | $137.0M | 98.76% |
| Goldman Sachs & Co. LLC | $534K | 0.38% |
| MORGAN STANLEY & CO. LLC | $456K | 0.33% |
| J.P. Morgan Securities LLC | $390K | 0.28% |
| PENSERRA SECURITIES, LLC | $156K | 0.11% |
| BOFA SECURITIES, INC. | $91K | 0.07% |
| BNP PARIBAS SECURITIES CORP. | $59K | 0.04% |
| JEFFERIES LLC | $17K | 0.01% |
| UBS SECURITIES LLC | $10K | 0.01% |
| BARCLAYS CAPITAL, INC. | $7K | 0.01% |
BlackRock Advantage Small Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000198224 | Class K | 0.46% | — |
| PSGIX | Institutional Class | 0.51% | none |
| C000004048 | Service Class | 0.75% | — |
| CSGEX | Investor A | 0.76% | 5.25% |
| C000037627 | Class R | 1.01% | 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.