C000240571 Fees and Costs — BlackRock Emerging Markets ex-China Fund, Class K
Data updated: 2026-09-25
The net expense ratio is 0.82%: a 0.81% management fee plus 2.55% other expenses, less a 2.55% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $18K in broker commissions, 0.1271% of average net assets, and portfolio turnover was 81%.
C000240571 Fees and Expenses
Annual operating expenses and sales charges of C000240571. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.81% |
| 12b-1 fee | 0.00% |
| Other expenses | 2.55% |
| Gross expense ratio | 3.37% |
| Fee waiver | −2.55% |
| Net expense ratio | 0.82% |
| 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 |
C000240571 Costs Over Time
On $10,000 invested in C000240571, assuming 5% a year before costs, total costs come to $593 over 5 years, cutting the return by 0.99% 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 0.82%) | $86 | $269 | $466 |
| Trading costs (broker commissions) | $13 | $42 | $72 |
| Lost growth on money paid in costs | $0 | $15 | $54 |
| Total costs | $99 | $326 | $593 |
| Value after costs | $10,401 | $11,250 | $12,170 |
| Impact on return, per year | 0.99% | 0.99% | 0.99% |
C000240571 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)
C000240571 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% |
C000240571 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.