C000202256 Fees and Costs — BlackRock Income Fund, Investor A
Data updated: 2026-08-25
The net expense ratio is 0.89% (0.99% before fee waivers). This share class carries a maximum front-end sales load of 2.50%. In fiscal 2025 the fund paid $231K in broker commissions, 0.0189% of average net assets, and portfolio turnover was 403%.
C000202256 Fees and Expenses
Annual operating expenses and sales charges of C000202256. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.49% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.23% |
| Gross expense ratio | 0.99% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.89% |
| Sales charges | |
|---|---|
| Max front load | 2.50% |
| 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 |
C000202256 Costs Over Time
On $10,000 invested in C000202256, assuming 5% a year before costs, total costs come to $874 over 5 years, cutting the return by 1.48% 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 | $250 | $250 | $250 |
| Fund expenses (net expense ratio 0.89%) | $91 | $285 | $494 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $13 | $54 | $120 |
| Total costs | $356 | $594 | $874 |
| Value after costs | $10,144 | $10,982 | $11,888 |
| Impact on return, per year | 3.56% | 1.83% | 1.48% |
C000202256 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0189%
- Total broker commissions: $231K
- Bought from dealers (principal trades, not a cost): $14.2B
- Portfolio turnover (prospectus): 403%
- Securities lending: none during the year
C000202256 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $57K | 25.69% |
| BofA Securities, Inc. | $39K | 17.63% |
| Citigroup Global Markets Inc. | $23K | 10.56% |
| J.P. Morgan Securities LLC | $23K | 10.29% |
| Morgan Stanley & Co. LLC | $20K | 8.85% |
| Mizuho Securities USA LLC | $16K | 7.30% |
| Goldman Sachs & Co. LLC | $14K | 6.15% |
| RBC Capital Markets, LLC | $12K | 5.63% |
| BNP Paribas Securities Corp. | $9K | 4.15% |
| Barclays Capital, Inc. | $8K | 3.76% |
C000202256 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $3.7B | 28.19% |
| Wells Fargo Securities, LLC | $2.0B | 14.76% |
| BofA Securities, Inc. | $1.8B | 13.28% |
| Morgan Stanley & Co. LLC | $1.5B | 11.52% |
| Mizuho Securities USA LLC | $1.2B | 9.32% |
| Barclays Capital, Inc. | $848.9M | 6.39% |
| Goldman Sachs & Co. LLC | $656.3M | 4.94% |
| BlackRock Liquidity Funds T-Fund | $568.7M | 4.28% |
| BNP Paribas Securities Corp. | $497.9M | 3.75% |
| Citigroup Global Markets Inc. | $472.5M | 3.56% |
BlackRock 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 |
|---|---|---|---|
| C000202259 | Class K | 0.59% | — |
| C000202258 | Institutional Class | 0.64% | none |
| C000202256 | Investor A | 0.89% | 2.50% |
| C000202257 | Investor C | 1.64% | 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.