C000240134 Fees and Costs — BlackRock Diversified Fixed Income Fund
Data updated: 2026-09-25
The net expense ratio is 0.15%: a 0.25% management fee plus 0.11% other expenses, less a 0.21% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $197K in broker commissions, 0.0170% of average net assets, and portfolio turnover was 567%.
C000240134 Fees and Expenses
Annual operating expenses and sales charges of C000240134. Prospectus, as of December 31, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.11% |
| Gross expense ratio | 0.36% |
| Fee waiver | −0.21% |
| Net expense ratio | 0.15% |
| 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 | No |
C000240134 Costs Over Time
On $10,000 invested in C000240134, assuming 5% a year before costs, total costs come to $106 over 5 years, cutting the return by 0.18% 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 0.15%) | $16 | $50 | $87 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $3 | $10 |
| Total costs | $18 | $58 | $106 |
| Value after costs | $10,482 | $11,518 | $12,657 |
| Impact on return, per year | 0.18% | 0.18% | 0.18% |
C000240134 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0170%
- Total broker commissions: $197K
- Bought from dealers (principal trades, not a cost): $14.9B
- Portfolio turnover (prospectus): 567%
- Securities on loan, average value: $19.7M
- Net income from securities lending: $60K (0.005% of average net assets)
C000240134 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $75K | 38.48% |
| BofA Securities, Inc. | $71K | 36.24% |
| BNP Paribas Securities Corp. | $28K | 14.15% |
| Citigroup Global Markets Inc. | $15K | 7.47% |
| Goldman Sachs & Co. LLC | $2K | 0.94% |
| Morgan Stanley & Co. LLC | $2K | 0.86% |
| Barclays Capital Inc. | $1K | 0.60% |
| Jefferies LLC | $1K | 0.57% |
| Mizuho Securities USA LLC | $683 | 0.35% |
| UBS Securities LLC | $661 | 0.34% |
C000240134 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $2.5B | 17.00% |
| BofA Securities, Inc. | $2.3B | 15.96% |
| J.P. Morgan Securities LLC | $2.0B | 14.08% |
| Goldman Sachs & Co. LLC | $1.9B | 13.18% |
| Citigroup Global Markets Inc. | $1.9B | 12.88% |
| BlackRock Liquidity Funds - T-Fund | $1.7B | 11.75% |
| Barclays Capital Inc. | $974.6M | 6.75% |
| Wells Fargo Securities, LLC | $952.8M | 6.59% |
| BNP Paribas Securities Corp. | $135.3M | 0.94% |
| BMO Capital Markets Corp. | $127.6M | 0.88% |
BlackRock Diversified Fixed Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000240134 | BlackRock Diversified Fixed Income Fund | 0.15% | — |
| C000244507 | Class K | 0.17% | — |
| C000244506 | Institutional Shares | 0.27% | — |
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.