C000231154 Fees and Costs — BlackRock Sustainable U.S. Growth Equity Fund, Class K
Data updated: 2024-09-24
The net expense ratio is 0.62%: a 0.62% management fee plus 6.48% other expenses, less a 6.48% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $396 in broker commissions, 0.0090% of average net assets, and portfolio turnover was 17%.
C000231154 Fees and Expenses
Annual operating expenses and sales charges of C000231154. Prospectus, as of August 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.62% |
| 12b-1 fee | 0.00% |
| Other expenses | 6.48% |
| Gross expense ratio | 7.10% |
| Fee waiver | −6.48% |
| Net expense ratio | 0.62% |
| 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 | Yes |
C000231154 Costs Over Time
On $10,000 invested in C000231154, assuming 5% a year before costs, total costs come to $396 over 5 years, cutting the return by 0.66% 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 0.62%) | $65 | $204 | $355 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $66 | $217 | $396 |
| Value after costs | $10,434 | $11,359 | $12,366 |
| Impact on return, per year | 0.66% | 0.66% | 0.66% |
C000231154 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0090%
- Total broker commissions: $396
- Bought from dealers (principal trades, not a cost): $767K
- Portfolio turnover (prospectus): 17%
- Securities on loan, average value: $23K
- Net income from securities lending: $39 (0.001% of average net assets)
C000231154 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| JEFFERIES LLC | $124 | 31.31% |
| TD SECURITIES (USA) LLC | $56 | 14.14% |
| CitiGroup Global Markets Inc. | $55 | 13.89% |
| J.P. Morgan Securities LLC | $54 | 13.64% |
| MORGAN STANLEY & CO. LLC | $49 | 12.37% |
| GOLDMAN SACHS & CO. LLC | $34 | 8.59% |
| BOFA SECURITIES, INC. | $20 | 5.05% |
| RBC CAPITAL MARKETS, LLC | $4 | 1.01% |
C000231154 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Liquidity Funds T-Fund | $767K | 100.00% |
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.