C000089947 Fees and Costs — BlackRock LifePath Dynamic 2025 Fund, Investor A
Data updated: 2024-11-26
The net expense ratio is 0.84% (1.08% before fee waivers). This share class carries a maximum front-end sales load of 5.25%. In fiscal 2023 the fund paid $7K in broker commissions, 0.0084% of average net assets, and portfolio turnover was 49%.
C000089947 Fees and Expenses
Annual operating expenses and sales charges of C000089947. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.32% |
| Gross expense ratio | 1.08% |
| Fee waiver | −0.24% |
| Net expense ratio | 0.84% |
| Sales charges | |
|---|---|
| Max front load | 5.25% |
| 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 |
C000089947 Costs Over Time
On $10,000 invested in C000089947, assuming 5% a year before costs, total costs come to $1,174 over 5 years, cutting the return by 2.01% 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 | $525 | $525 | $525 |
| Fund expenses (net expense ratio 0.84%) | $84 | $261 | $454 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $26 | $96 | $191 |
| Total costs | $636 | $885 | $1,174 |
| Value after costs | $9,864 | $10,692 | $11,588 |
| Impact on return, per year | 6.36% | 2.75% | 2.01% |
C000089947 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0084%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $54.9M
- Portfolio turnover (prospectus): 49%
- Securities on loan, average value: $3.8M
- Net income from securities lending: $5K (0.005% of average net assets)
C000089947 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $6K | 84.22% |
| Citigroup Global Markets Inc. | $1K | 13.89% |
| Morgan Stanley & Co. LLC | $53 | 0.73% |
| BofA Securities, Inc. | $44 | 0.61% |
| Jefferies LLC | $21 | 0.29% |
| Goldman Sachs & Co. LLC | $19 | 0.26% |
C000089947 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $54.9M | 100.00% |
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.