C000017803 Fees and Costs — BlackRock Bond Income Portfolio, Class B
Data updated: 2026-08-27
The net expense ratio is 0.63%: a 0.36% management fee, a 0.25% 12b-1 fee plus 0.04% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $457K in broker commissions, 0.0179% of average net assets, and portfolio turnover was 438%.
C000017803 Fees and Expenses
Annual operating expenses and sales charges of C000017803. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.36% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.65% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.63% |
| 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 |
C000017803 Costs Over Time
On $10,000 invested in C000017803, assuming 5% a year before costs, total costs come to $408 over 5 years, cutting the return by 0.68% 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 0.63%) | $66 | $207 | $361 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $11 | $37 |
| Total costs | $68 | $224 | $408 |
| Value after costs | $10,432 | $11,353 | $12,355 |
| Impact on return, per year | 0.68% | 0.68% | 0.68% |
C000017803 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0179%
- Total broker commissions: $457K
- Bought from dealers (principal trades, not a cost): $24.2B
- Portfolio turnover (prospectus): 438%
- Securities on loan, average value: $26.3M
- Net income from securities lending: $46K (0.002% of average net assets)
C000017803 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $343K | 75.31% |
| Citigroup Global Markets Inc. | $88K | 19.38% |
| Goldman Sachs & Co. LLC | $6K | 1.31% |
| UBS Securities LLC | $5K | 1.01% |
| TD Securities (USA) LLC | $4K | 0.90% |
| Jefferies LLC | $3K | 0.76% |
| Barclays Capital Inc. | $2K | 0.47% |
| Morgan Stanley & Co. LLC | $2K | 0.37% |
| BNY Capital Markets, LLC | $1K | 0.27% |
| RBC Capital Markets, LLC | $991 | 0.22% |
C000017803 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $9.6B | 40.91% |
| Morgan Stanley & Co. LLC | $9.2B | 39.13% |
| Goldman Sachs & Co. LLC | $1.5B | 6.61% |
| J.P. Morgan Securities LLC | $1.2B | 5.07% |
| Citadel Securities LLC | $478.5M | 2.04% |
| Citigroup Global Markets Inc. | $458.1M | 1.96% |
| Barclays Capital Inc. | $441.2M | 1.89% |
| Wells Fargo Securities, LLC | $204.3M | 0.87% |
| Deutsche Bank Securities Inc. | $190.5M | 0.81% |
| BNP Paribas Securities Corp. | $164.1M | 0.70% |
BlackRock Bond Income Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000017802 | Class A | 0.38% | — |
| C000017804 | Class E | 0.53% | — |
| C000017803 | Class B | 0.63% | — |
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.