C000050687 Fees and Costs — BlackRock 80/20 Target Allocation Fund, Class R
Data updated: 2026-08-27
The net expense ratio is 0.82% (1.03% before fee waivers). There are no sales loads or redemption fees. In fiscal 2024 the fund paid $161K in broker commissions, 0.0113% of average net assets, and portfolio turnover was 52%.
C000050687 Fees and Expenses
Annual operating expenses and sales charges of C000050687. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.30% |
| Gross expense ratio | 1.03% |
| Fee waiver | −0.21% |
| Net expense ratio | 0.82% |
| 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 |
C000050687 Costs Over Time
On $10,000 invested in C000050687, assuming 5% a year before costs, total costs come to $522 over 5 years, cutting the return by 0.87% 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 0.82%) | $86 | $269 | $468 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $13 | $48 |
| Total costs | $87 | $286 | $522 |
| Value after costs | $10,413 | $11,290 | $12,241 |
| Impact on return, per year | 0.87% | 0.87% | 0.87% |
C000050687 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): 0.0113%
- Total broker commissions: $161K
- Bought from dealers (principal trades, not a cost): $284.7M
- Portfolio turnover (prospectus): 52%
- Securities on loan, average value: $45.4M
- Net income from securities lending: $236K (0.017% of average net assets)
C000050687 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jane Street Execution Services, LLC | $55K | 35.04% |
| CITADEL SECURITIES LLC | $31K | 20.02% |
| BOFA SECURITIES, INC. | $19K | 12.16% |
| J.P. Morgan Securities LLC | $17K | 10.95% |
| GOLDMAN SACHS & CO. LLC | $11K | 6.80% |
| MORGAN STANLEY & CO. LLC | $9K | 5.98% |
| FLOW TRADERS U.S. INSTITUTIONAL TRADING LLC | $9K | 5.47% |
| SUSQUEHANNA FINANCIAL GROUP, LLLP | $2K | 1.33% |
| JEFFERIES LLC | $2K | 1.25% |
| VIRTU AMERICAS LLC | $2K | 1.01% |
C000050687 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Liquidity Funds T-Fund | $638.9M | 39.23% |
| Master Bond LLC Master Total Return Portfolio | $219.2M | 13.46% |
| BlackRock Sustainable Advantage Large Cap Core Fund | $209.8M | 12.88% |
| Jane Street Execution Services, LLC | $178.7M | 10.97% |
| BlackRock Unconstrained Equity Fund | $175.3M | 10.76% |
| J.P. Morgan Securities LLC | $84.4M | 5.18% |
| BlackRock Emerging Markets Fund, Inc. | $47.3M | 2.90% |
| BlackRock Funds V BlackRock Strategic Income Opportunities Portfolio | $31.0M | 1.90% |
| BlackRock Technology Opportunities Fund | $30.9M | 1.90% |
| BlackRock U.S. Mortgage Portfolio | $13.0M | 0.80% |
BlackRock 80/20 Target Allocation Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000166010 | Class K | 0.30% | — |
| C000050684 | Institutional Class | 0.32% | none |
| C000050685 | Investor A | 0.66% | 5.25% |
| C000050687 | Class R | 0.82% | none |
| C000050686 | Investor C | 1.40% | 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.