C000125276 Fees and Costs — iShares iBonds Mar 2023 Term Corporate ETF
Data updated: 2023-03-29
The net expense ratio is 0.10% (0.11% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 5%.
C000125276 Fees and Expenses
Annual operating expenses and sales charges of C000125276. Prospectus, as of February 28, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.10% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.11% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.10% |
| 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 |
C000125276 Costs Over Time
On $10,000 invested in C000125276, assuming 5% a year before costs, total costs come to $64 over 5 years, cutting the return by 0.10% 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 0.10%) | $10 | $33 | $58 |
| Lost growth on money paid in costs | $0 | $2 | $6 |
| Total costs | $10 | $35 | $64 |
| Value after costs | $10,490 | $11,542 | $12,699 |
| Impact on return, per year | 0.10% | 0.10% | 0.10% |
C000125276 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $127.4M
- Portfolio turnover (prospectus): 5%
- Securities on loan, average value: $7.3M
- Net income from securities lending: $19K (0.027% of average net assets)
C000125276 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $65.9M | 53.93% |
| Jane Street Capital, LLC | $19.5M | 15.98% |
| Goldman Sachs & Co. LLC | $13.7M | 11.17% |
| Pershing LLC | $5.0M | 4.13% |
| BofA Securities, Inc. | $4.1M | 3.33% |
| Morgan Stanley & Co. LLC | $3.9M | 3.19% |
| Barclays Capital Inc. | $3.7M | 3.05% |
| J.P. Morgan Securities LLC | $2.5M | 2.03% |
| BNY Mellon Capital Markets, LLC | $2.0M | 1.63% |
| Jefferies LLC | $1.9M | 1.56% |
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.