C000099357 Fees and Costs — iShares International Preferred Stock ETF
Data updated: 2021-08-26
The net expense ratio is 0.55%. There are no sales loads or redemption fees. In fiscal 2021 the fund paid $21K in broker commissions, 0.0537% of average net assets, and portfolio turnover was 68%.
C000099357 Fees and Expenses
Annual operating expenses and sales charges of C000099357. Prospectus, as of July 31, 2021.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.55% |
| Fee waiver | — |
| Net expense ratio | 0.55% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000099357 Costs Over Time
On $10,000 invested in C000099357, assuming 5% a year before costs, total costs come to $381 over 5 years, cutting the return by 0.63% 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 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $6 | $18 | $31 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $208 | $381 |
| Value after costs | $10,437 | $11,368 | $12,382 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
C000099357 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2021.
- Explicit cost rate (commissions ÷ average net assets): 0.0537%
- Total broker commissions: $21K
- Bought from dealers (principal trades, not a cost): $52.9M
- Portfolio turnover (prospectus): 68%
- Securities on loan, average value: $33K
- Net income from securities lending: $81 (0.000% of average net assets)
C000099357 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Raymond James & Associates, Inc. | $12K | 57.97% |
| Winterflood Securities US Corporation | $3K | 16.39% |
| BMO Capital Markets Corp. | $3K | 12.46% |
| RBC Capital Markets, LLC | $1K | 5.81% |
| TD Securities (USA) LLC | $1K | 5.04% |
| Carnegie, Inc. | $250 | 1.18% |
| BNP Paribas Securities Corp. | $103 | 0.49% |
| HSBC Securities (USA) Inc. | $51 | 0.24% |
| SG Americas Securities, LLC | $46 | 0.22% |
| Credit Suisse Securities (USA) LLC | $41 | 0.19% |
C000099357 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $34.4M | 65.07% |
| Goldman Sachs & Co. LLC | $6.9M | 13.02% |
| Credit Suisse Securities (USA) LLC | $5.7M | 10.83% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $3.7M | 7.04% |
| BNP Paribas Securities Corp. | $1.3M | 2.43% |
| BofA Securities, Inc. | $619K | 1.17% |
| CGS-CIMB Securities (USA), Inc. | $233K | 0.44% |
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.