C000004058 Fees and Costs — BlackRock High Equity Income Fund, Service Class
Data updated: 2026-09-25
The net expense ratio is 1.10%: a 0.81% management fee, a 0.25% 12b-1 fee plus 0.31% other expenses, less a 0.27% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $999K in broker commissions, 0.0510% of average net assets, and portfolio turnover was 153%.
C000004058 Fees and Expenses
Annual operating expenses and sales charges of C000004058. Prospectus, as of September 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.81% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.31% |
| Gross expense ratio | 1.37% |
| Fee waiver | −0.27% |
| Net expense ratio | 1.10% |
| 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 |
C000004058 Costs Over Time
On $10,000 invested in C000004058, assuming 5% a year before costs, total costs come to $718 over 5 years, cutting the return by 1.21% 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 1.10%) | $116 | $360 | $623 |
| Trading costs (broker commissions) | $5 | $17 | $29 |
| Lost growth on money paid in costs | $0 | $19 | $66 |
| Total costs | $121 | $395 | $718 |
| Value after costs | $10,379 | $11,181 | $12,045 |
| Impact on return, per year | 1.21% | 1.21% | 1.21% |
C000004058 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): 0.0510%
- Total broker commissions: $999K
- Bought from dealers (principal trades, not a cost): $16.2B
- Portfolio turnover (prospectus): 153%
- Securities on loan, average value: $4.6M
- Net income from securities lending: $12K (0.001% of average net assets)
C000004058 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $276K | 28.63% |
| BOFA SECURITIES, INC. | $124K | 12.88% |
| CITIGROUP GLOBAL MARKETS INC. | $108K | 11.24% |
| GOLDMAN SACHS & CO. LLC | $105K | 10.94% |
| J.P. Morgan Securities LLC | $100K | 10.34% |
| RBC CAPITAL MARKETS, LLC | $62K | 6.43% |
| UBS Securities LLC | $61K | 6.36% |
| TD SECURITIES (USA) LLC | $51K | 5.28% |
| BARCLAYS CAPITAL, INC. | $45K | 4.71% |
| JEFFERIES LLC | $31K | 3.20% |
C000004058 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Liquidity Funds T-Fund | $6.0B | 42.37% |
| BARCLAYS CAPITAL, INC. | $1.2B | 8.14% |
| RBC CAPITAL MARKETS, LLC | $1.1B | 7.95% |
| TD SECURITIES (USA) LLC | $1.1B | 7.92% |
| BNP PARIBAS SECURITIES CORP. | $1.0B | 7.16% |
| J.P. Morgan Securities LLC | $863.0M | 6.10% |
| MORGAN STANLEY & CO. LLC | $854.3M | 6.03% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $769.9M | 5.44% |
| MIZUHO SECURITIES (USA) INC. | $663.7M | 4.69% |
| SG AMERICAS SECURITIES, LLC | $595.9M | 4.21% |
BlackRock High Equity Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000219259 | Class K | 0.81% | — |
| BMCIX | Institutional Class | 0.86% | none |
| C000004058 | Service Class | 1.10% | — |
| BMEAX | Investor A | 1.11% | 5.25% |
| BMECX | Investor C | 1.86% | 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.