C000159047 Fees and Costs — iShares Developed Real Estate Index Fund, Class K
Data updated: 2026-09-25
The net expense ratio is 0.26%: a 0.12% management fee plus 0.25% other expenses, less a 0.11% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $34K in broker commissions, 0.0137% of average net assets, and portfolio turnover was 24%.
C000159047 Fees and Expenses
Annual operating expenses and sales charges of C000159047. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.12% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.25% |
| Gross expense ratio | 0.37% |
| Fee waiver | −0.11% |
| Net expense ratio | 0.26% |
| 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 |
C000159047 Costs Over Time
On $10,000 invested in C000159047, assuming 5% a year before costs, total costs come to $174 over 5 years, cutting the return by 0.29% 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 0.26%) | $27 | $86 | $150 |
| Trading costs (broker commissions) | $1 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $4 | $16 |
| Total costs | $29 | $95 | $174 |
| Value after costs | $10,471 | $11,481 | $12,589 |
| Impact on return, per year | 0.29% | 0.29% | 0.29% |
C000159047 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0137%
- Total broker commissions: $34K
- Bought from dealers (principal trades, not a cost): $143.9M
- Portfolio turnover (prospectus): 24%
- Securities on loan, average value: $3.2M
- Net income from securities lending: $10K (0.004% of average net assets)
C000159047 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $15K | 50.81% |
| BMO Capital Markets Corp. | $3K | 8.57% |
| Goldman Sachs & Co. LLC | $2K | 7.71% |
| RBC Capital Markets, LLC | $2K | 7.60% |
| BofA Securities, Inc. | $2K | 5.77% |
| UBS Securities LLC | $1K | 4.96% |
| BNP Paribas Securities Corp. | $1K | 4.77% |
| Morgan Stanley & Co. LLC | $1K | 4.31% |
| Barclays Capital Inc. | $1K | 3.40% |
| Daiwa Capital Markets America Inc. | $632 | 2.11% |
C000159047 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $143.8M | 100.00% |
| Goldman Sachs & Co. LLC | $881 | 0.00% |
| UBS Securities LLC | $19 | 0.00% |
| J.P. Morgan Securities LLC | $16 | 0.00% |
iShares Developed Real Estate Index Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000159047 | Class K | 0.26% | — |
| C000159046 | Institutional Class | 0.31% | — |
| C000159045 | Investor A | 0.51% | — |
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.