C000231159 Fees and Costs — BlackRock Sustainable International Equity Fund, Class K
Data updated: 2024-09-24
The net expense ratio is 0.61%: a 0.60% management fee plus 6.31% other expenses, less a 6.31% fee waiver. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $1K in broker commissions, 0.0224% of average net assets, and portfolio turnover was 29%.
C000231159 Fees and Expenses
Annual operating expenses and sales charges of C000231159. Prospectus, as of August 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 6.31% |
| Gross expense ratio | 6.92% |
| Fee waiver | −6.31% |
| Net expense ratio | 0.61% |
| 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 |
C000231159 Costs Over Time
On $10,000 invested in C000231159, assuming 5% a year before costs, total costs come to $398 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 0.61%) | $64 | $201 | $349 |
| Trading costs (broker commissions) | $2 | $7 | $13 |
| Lost growth on money paid in costs | $0 | $10 | $36 |
| Total costs | $66 | $218 | $398 |
| Value after costs | $10,434 | $11,358 | $12,364 |
| Impact on return, per year | 0.66% | 0.66% | 0.66% |
C000231159 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): 0.0224%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $3.1M
- Portfolio turnover (prospectus): 29%
- Securities lending: none during the year
C000231159 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets Inc. | $209 | 21.77% |
| UBS Securities LLC | $154 | 16.04% |
| MORGAN STANLEY & CO. LLC | $103 | 10.73% |
| GOLDMAN SACHS & CO. LLC | $96 | 10.00% |
| BARCLAYS CAPITAL, INC. | $91 | 9.48% |
| BOFA SECURITIES, INC. | $81 | 8.44% |
| LIQUIDNET, INC. | $80 | 8.33% |
| J.P. Morgan Securities LLC | $73 | 7.60% |
| BNP Paribas Securities Corp. | $39 | 4.06% |
| JEFFERIES LLC | $34 | 3.54% |
C000231159 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Liquidity Funds T-Fund | $3.1M | 100.00% |
| LIQUIDNET, INC. | $15 | 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.