C000242803 Fees and Costs — iShares Flexible Income Active ETF
Data updated: 2026-10-14
The net expense ratio is 0.40% (0.52% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $3.0M in broker commissions, 0.0197% of average net assets, and portfolio turnover was 291%.
C000242803 Fees and Expenses
Annual operating expenses and sales charges of C000242803. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.52% |
| Fee waiver | −0.12% |
| Net expense ratio | 0.40% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
C000242803 Costs Over Time
On $10,000 invested in C000242803, assuming 5% a year before costs, total costs come to $266 over 5 years, cutting the return by 0.44% 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 0.40%) | $42 | $132 | $230 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $7 | $24 |
| Total costs | $44 | $145 | $266 |
| Value after costs | $10,456 | $11,431 | $12,497 |
| Impact on return, per year | 0.44% | 0.44% | 0.44% |
C000242803 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): 0.0197%
- Total broker commissions: $3.0M
- Bought from dealers (principal trades, not a cost): $146.0B
- Portfolio turnover (prospectus): 291%
C000242803 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $1.4M | 46.00% |
| SG Americas Securities, LLC | $1.3M | 42.99% |
| J.P. Morgan Securities LLC | $139K | 4.71% |
| Jane Street Execution Services, LLC | $74K | 2.51% |
| BofA Securities, Inc. | $59K | 1.99% |
| Susquehanna Financial Group, LLLP | $24K | 0.81% |
| Goldman Sachs & Co. LLC | $22K | 0.74% |
| UBS Securities LLC | $4K | 0.14% |
| Wells Fargo Securities, LLC | $2K | 0.06% |
| BNP Paribas Securities Corp. | $1K | 0.04% |
C000242803 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $24.8B | 18.21% |
| BlackRock Funds III - BlackRock Cash Funds: Institutional | $20.9B | 15.35% |
| Morgan Stanley & Co. LLC | $19.7B | 14.42% |
| J.P. Morgan Securities LLC | $15.7B | 11.48% |
| Citigroup Global Markets Inc. | $13.7B | 10.03% |
| Goldman Sachs & Co. LLC | $12.6B | 9.25% |
| Barclays Capital Inc. | $10.9B | 7.97% |
| Wells Fargo Securities, LLC | $9.9B | 7.26% |
| Jefferies LLC | $5.8B | 4.24% |
| BNP Paribas Securities Corp. | $2.4B | 1.79% |
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.