C000240569 Fees and Costs — BlackRock Emerging Markets ex-China Fund, Investor A
Data updated: 2026-09-25
The net expense ratio is 1.12%: a 0.81% management fee, a 0.25% 12b-1 fee plus 2.67% other expenses, less a 2.62% fee waiver. This share class carries a maximum front-end sales load of 5.25%. In fiscal 2026 the fund paid $18K in broker commissions, 0.1271% of average net assets, and portfolio turnover was 81%.
C000240569 Fees and Expenses
Annual operating expenses and sales charges of C000240569. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.81% |
| 12b-1 fee | 0.25% |
| Other expenses | 2.67% |
| Gross expense ratio | 3.74% |
| Fee waiver | −2.62% |
| Net expense ratio | 1.12% |
| Sales charges | |
|---|---|
| Max front load | 5.25% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
C000240569 Costs Over Time
On $10,000 invested in C000240569, assuming 5% a year before costs, total costs come to $1,406 over 5 years, cutting the return by 2.42% 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 |
| Sales charges | $525 | $525 | $525 |
| Fund expenses (net expense ratio 1.12%) | $111 | $347 | $600 |
| Trading costs (broker commissions) | $13 | $39 | $68 |
| Lost growth on money paid in costs | $26 | $102 | $213 |
| Total costs | $675 | $1,013 | $1,406 |
| Value after costs | $9,825 | $10,563 | $11,357 |
| Impact on return, per year | 6.75% | 3.16% | 2.42% |
C000240569 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.1271%
- Total broker commissions: $18K
- Bought from dealers (principal trades, not a cost): $14.7M
- Portfolio turnover (prospectus): 81%
- Securities on loan, average value: $91K
- Net income from securities lending: $405 (0.003% of average net assets)
C000240569 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $3K | 18.10% |
| Morgan Stanley & Co. LLC | $2K | 16.29% |
| UBS Securities LLC | $2K | 12.33% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $2K | 11.50% |
| Citigroup Global Markets Inc. | $2K | 10.64% |
| Goldman Sachs & Co. LLC | $1K | 8.17% |
| Macquarie Capital (USA) Inc. | $1K | 6.96% |
| HSBC Securities (USA) Inc. | $849 | 5.69% |
| Jefferies LLC | $787 | 5.27% |
| Nomura Securities International, Inc. | $754 | 5.05% |
C000240569 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Liquidity Funds T-Fund | $14.7M | 99.67% |
| Jefferies LLC | $33K | 0.22% |
| J.P. Morgan Securities LLC | $16K | 0.11% |
BlackRock Emerging Markets ex-China Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000240571 | Class K | 0.82% | — |
| C000240570 | Institutional Class | 0.87% | none |
| C000240569 | Investor A | 1.12% | 5.25% |
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.