C000231156 Fees and Costs — BlackRock Sustainable U.S. Value Equity Fund, Class K
Data updated: 2025-03-25
The net expense ratio is 0.48%: a 0.48% management fee plus 4.74% other expenses, less a 4.74% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $3K in broker commissions, 0.0597% of average net assets, and portfolio turnover was 71%.
C000231156 Fees and Expenses
Annual operating expenses and sales charges of C000231156. Prospectus, as of August 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.48% |
| 12b-1 fee | 0.00% |
| Other expenses | 4.74% |
| Gross expense ratio | 5.22% |
| Fee waiver | −4.74% |
| Net expense ratio | 0.48% |
| 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 |
C000231156 Costs Over Time
On $10,000 invested in C000231156, assuming 5% a year before costs, total costs come to $341 over 5 years, cutting the return by 0.57% 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 0.48%) | $50 | $158 | $275 |
| Trading costs (broker commissions) | $6 | $20 | $34 |
| Lost growth on money paid in costs | $0 | $9 | $31 |
| Total costs | $57 | $186 | $341 |
| Value after costs | $10,443 | $11,390 | $12,422 |
| Impact on return, per year | 0.57% | 0.57% | 0.57% |
C000231156 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): 0.0597%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $1.2M
- Portfolio turnover (prospectus): 71%
- Securities on loan, average value: $43K
- Net income from securities lending: $129 (0.003% of average net assets)
C000231156 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $585 | 20.19% |
| BARCLAYS CAPITAL, INC. | $447 | 15.43% |
| TD SECURITIES (USA) LLC | $399 | 13.77% |
| UBS Securities LLC | $324 | 11.18% |
| J.P. Morgan Securities LLC | $282 | 9.73% |
| CitiGroup Global Markets Inc. | $262 | 9.04% |
| BOFA SECURITIES, INC. | $256 | 8.84% |
| MORGAN STANLEY & CO. LLC | $189 | 6.52% |
| JEFFERIES LLC | $94 | 3.24% |
| RBC CAPITAL MARKETS, LLC | $59 | 2.04% |
C000231156 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Liquidity Funds T-Fund | $1.2M | 99.97% |
| GOLDMAN SACHS & CO. LLC | $164 | 0.01% |
| LIQUIDNET, INC. | $118 | 0.01% |
| J.P. Morgan Securities LLC | $73 | 0.01% |
| Investec Securities (US) LLC | $55 | 0.00% |
| JEFFERIES LLC | $9 | 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.