C000220889 Fees and Costs — BlackRock Sustainable Aware Advantage International Equity Fund, Investor A
Data updated: 2026-09-25
The net expense ratio is 0.75%: a 0.45% management fee, a 0.25% 12b-1 fee plus 2.72% other expenses, less a 2.67% fee waiver. This share class carries a maximum front-end sales load of 5.25%. In fiscal 2026 the fund paid $9K in broker commissions, 0.0614% of average net assets, and portfolio turnover was 109%.
C000220889 Fees and Expenses
Annual operating expenses and sales charges of C000220889. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.25% |
| Other expenses | 2.72% |
| Gross expense ratio | 3.42% |
| Fee waiver | −2.67% |
| Net expense ratio | 0.75% |
| Sales charges | |
|---|---|
| Max front load | 5.25% |
| 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 |
C000220889 Costs Over Time
On $10,000 invested in C000220889, assuming 5% a year before costs, total costs come to $1,153 over 5 years, cutting the return by 1.97% 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 | $525 | $525 | $525 |
| Fund expenses (net expense ratio 0.75%) | $75 | $233 | $405 |
| Trading costs (broker commissions) | $6 | $19 | $33 |
| Lost growth on money paid in costs | $26 | $95 | $189 |
| Total costs | $632 | $873 | $1,153 |
| Value after costs | $9,868 | $10,704 | $11,610 |
| Impact on return, per year | 6.32% | 2.71% | 1.97% |
C000220889 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0614%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): $10.7M
- Portfolio turnover (prospectus): 109%
- Securities on loan, average value: $262
- Net income from securities lending: $2 (0.000% of average net assets)
C000220889 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $1K | 18.99% |
| Jefferies LLC | $1K | 18.64% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $818 | 11.42% |
| Barclays Capital, Inc. | $817 | 11.40% |
| Goldman Sachs & Co. LLC | $686 | 9.57% |
| UBS Securities LLC | $662 | 9.23% |
| Citigroup Global Markets Inc. | $505 | 7.04% |
| J.P. Morgan Securities LLC | $341 | 4.75% |
| BNP Paribas Securities Corp. | $339 | 4.74% |
| RBC Capital Markets, LLC | $303 | 4.22% |
C000220889 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Liquidity Funds T-Fund | $10.6M | 99.20% |
| J.P. Morgan Securities LLC | $85K | 0.79% |
| Goldman Sachs & Co. LLC | $56 | 0.00% |
| UBS Securities LLC | $46 | 0.00% |
| Citigroup Global Markets Inc. | $41 | 0.00% |
| RBC Capital Markets, LLC | $24 | 0.00% |
| BNP Paribas Securities Corp. | $18 | 0.00% |
| Sanford C. Bernstein & Co., LLC | $15 | 0.00% |
| Barclays Capital, Inc. | $14 | 0.00% |
| Morgan Stanley & Co. LLC | $4 | 0.00% |
BlackRock Sustainable Aware Advantage International Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000220888 | Class K | 0.45% | — |
| C000220887 | Institutional Class | 0.50% | none |
| C000220889 | Investor A | 0.75% | 5.25% |
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.