C000050722 Fees and Costs — BlackRock Managed Income Fund, Investor A
Data updated: 2026-08-25
The net expense ratio is 0.70% (0.92% before fee waivers). This share class carries a maximum front-end sales load of 4.00%. In fiscal 2025 the fund paid $133K in broker commissions, 0.0166% of average net assets, and portfolio turnover was 106%.
C000050722 Fees and Expenses
Annual operating expenses and sales charges of C000050722. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.26% |
| Gross expense ratio | 0.92% |
| Fee waiver | −0.22% |
| Net expense ratio | 0.70% |
| Sales charges | |
|---|---|
| Max front load | 4.00% |
| 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 |
C000050722 Costs Over Time
On $10,000 invested in C000050722, assuming 5% a year before costs, total costs come to $943 over 5 years, cutting the return by 1.60% 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 |
| Sales charges | $400 | $400 | $400 |
| Fund expenses (net expense ratio 0.70%) | $71 | $221 | $384 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $20 | $74 | $150 |
| Total costs | $492 | $700 | $943 |
| Value after costs | $10,008 | $10,876 | $11,820 |
| Impact on return, per year | 4.92% | 2.16% | 1.60% |
C000050722 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): 0.0166%
- Total broker commissions: $133K
- Bought from dealers (principal trades, not a cost): $3.1B
- Portfolio turnover (prospectus): 106%
- Securities on loan, average value: $4.3M
- Net income from securities lending: $13K (0.002% of average net assets)
C000050722 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $25K | 20.89% |
| J.P. Morgan Securities LLC | $21K | 17.61% |
| BofA Securities, Inc. | $20K | 16.86% |
| Citigroup Global Markets Inc. | $14K | 11.52% |
| Mizuho Securities USA LLC | $13K | 10.72% |
| Morgan Stanley & Co. LLC | $7K | 6.05% |
| UBS Securities LLC | $6K | 5.45% |
| Nomura Securities International, Inc. | $6K | 5.07% |
| BNP Paribas Securities Corp. | $4K | 3.25% |
| Barclays Capital, Inc. | $3K | 2.57% |
C000050722 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Liquidity Funds T-Fund | $1.7B | 60.40% |
| Morgan Stanley & Co. LLC | $246.3M | 8.95% |
| J.P. Morgan Securities LLC | $165.8M | 6.03% |
| BofA Securities, Inc. | $139.6M | 5.07% |
| Goldman Sachs & Co. LLC | $124.0M | 4.51% |
| Barclays Capital, Inc. | $120.1M | 4.36% |
| Citigroup Global Markets Inc. | $106.9M | 3.89% |
| BNP Paribas Securities Corp. | $71.0M | 2.58% |
| RBC Capital Markets, LLC | $62.0M | 2.25% |
| National Financial Services LLC | $53.7M | 1.95% |
BlackRock Managed 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 |
|---|---|---|---|
| C000050720 | Class K | 0.40% | — |
| C000050721 | Institutional Class | 0.45% | none |
| C000050722 | Investor A | 0.70% | 4.00% |
| C000174022 | Investor C | 1.45% | 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.