C000215211 Fees and Costs — iShares Factors US Value Style ETF
Data updated: 2023-11-22
The net expense ratio is 0.25%. There are no sales loads or redemption fees. In fiscal 2023 the fund paid $2K in broker commissions, 0.0390% of average net assets, and portfolio turnover was 109%.
C000215211 Fees and Expenses
Annual operating expenses and sales charges of C000215211. Prospectus, as of July 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.25% |
| Fee waiver | — |
| Net expense ratio | 0.25% |
| 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 |
C000215211 Costs Over Time
On $10,000 invested in C000215211, assuming 5% a year before costs, total costs come to $183 over 5 years, cutting the return by 0.30% 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 0.25%) | $26 | $83 | $144 |
| Trading costs (broker commissions) | $4 | $13 | $22 |
| Lost growth on money paid in costs | $0 | $5 | $17 |
| Total costs | $30 | $100 | $183 |
| Value after costs | $10,470 | $11,476 | $12,579 |
| Impact on return, per year | 0.30% | 0.30% | 0.30% |
C000215211 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2023.
- Explicit cost rate (commissions ÷ average net assets): 0.0390%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $6.3M
- Portfolio turnover (prospectus): 109%
- Securities on loan, average value: $36K
- Net income from securities lending: $674 (0.013% of average net assets)
C000215211 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO SECURITIES, LLC | $734 | 40.59% |
| BNP PARIBAS SECURITIES CORP. | $147 | 8.13% |
| BOFA SECURITIES, INC. | $138 | 7.66% |
| GOLDMAN SACHS & CO. LLC | $133 | 7.34% |
| BARCLAYS CAPITAL, INC. | $128 | 7.06% |
| Pershing LLC | $122 | 6.75% |
| CANTOR FITZGERALD & CO. | $116 | 6.41% |
| CitiGroup Global Markets Inc. | $109 | 6.01% |
| MORGAN STANLEY & CO. LLC | $108 | 5.96% |
| GREAT PACIFIC SECURITIES | $74 | 4.08% |
C000215211 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corporation | $5.7M | 91.18% |
| BLACKROCK FUNDS III - BlackRock Cash Funds: Treasury | $549K | 8.72% |
| INSTINET, LLC | $2K | 0.03% |
| GOLDMAN SACHS & CO. LLC | $1K | 0.02% |
| UBS SECURITIES LLC | $1K | 0.02% |
| BOFA SECURITIES, INC. | $643 | 0.01% |
| Wells Fargo Securities LLC | $536 | 0.01% |
| BNP PARIBAS SECURITIES CORP. | $514 | 0.01% |
| BARCLAYS CAPITAL, INC. | $299 | 0.00% |
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.