C000220896 Fees and Costs — BlackRock Retirement Income 2030 Fund, Investor A
Data updated: 2026-08-25
The net expense ratio is 0.75% (4.79% before fee waivers). This share class carries a maximum front-end sales load of 5.25%. Portfolio turnover was 0%.
C000220896 Fees and Expenses
Annual operating expenses and sales charges of C000220896. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.10% |
| 12b-1 fee | 0.25% |
| Other expenses | 3.94% |
| Gross expense ratio | 4.79% |
| Fee waiver | −4.04% |
| 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 | Yes |
C000220896 Costs Over Time
On $10,000 invested in C000220896, assuming 5% a year before costs, total costs come to $1,117 over 5 years, cutting the return by 1.91% 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 | $406 |
| Lost growth on money paid in costs | $26 | $94 | $186 |
| Total costs | $626 | $853 | $1,117 |
| Value after costs | $9,874 | $10,724 | $11,646 |
| Impact on return, per year | 6.26% | 2.64% | 1.91% |
C000220896 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.4M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
C000220896 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Liquidity Funds T-Fund | $1.1M | 78.92% |
| J.P. Morgan Securities LLC | $290K | 21.08% |
BlackRock Retirement Income 2030 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000220895 | Institutional Class | 0.50% | none |
| C000220896 | 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.