C000239899 Fees and Costs — iShares AAA CLO Active ETF
Data updated: 2026-10-14
The net expense ratio is 0.20%. There are no sales loads or redemption fees. Portfolio turnover was 89%.
C000239899 Fees and Expenses
Annual operating expenses and sales charges of C000239899. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.20% |
| Fee waiver | — |
| Net expense ratio | 0.20% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
C000239899 Costs Over Time
On $10,000 invested in C000239899, assuming 5% a year before costs, total costs come to $127 over 5 years, cutting the return by 0.21% 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 0.20%) | $21 | $66 | $116 |
| Lost growth on money paid in costs | $0 | $3 | $12 |
| Total costs | $21 | $69 | $127 |
| Value after costs | $10,479 | $11,507 | $12,636 |
| Impact on return, per year | 0.21% | 0.21% | 0.21% |
C000239899 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $6.6B
- Portfolio turnover (prospectus): 89%
C000239899 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $1.9B | 32.45% |
| Citigroup Global Markets Inc. | $1.4B | 25.21% |
| Morgan Stanley & Co. LLC | $562.1M | 9.79% |
| J.P. Morgan Securities LLC | $473.4M | 8.24% |
| Barclays Capital Inc. | $453.1M | 7.89% |
| BofA Securities, Inc. | $246.8M | 4.30% |
| Goldman Sachs & Co. LLC | $241.7M | 4.21% |
| Deutsche Bank Securities Inc. | $186.3M | 3.24% |
| Scotia Capital (USA) Inc. | $147.8M | 2.57% |
| BNP Paribas Securities Corp. | $121.2M | 2.11% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.