C000242836 Fees and Costs — BlackRock Sustainable Advantage Global Equity Fund, Investor A
Data updated: 2025-07-11
The net expense ratio is 0.96%: a 0.66% management fee, a 0.25% 12b-1 fee plus 2.39% other expenses, less a 2.34% fee waiver. This share class carries a maximum front-end sales load of 5.25%. In fiscal 2025 the fund paid $3K in broker commissions, 0.0217% of average net assets, and portfolio turnover was 50%.
C000242836 Fees and Expenses
Annual operating expenses and sales charges of C000242836. Prospectus, as of October 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.66% |
| 12b-1 fee | 0.25% |
| Other expenses | 2.39% |
| Gross expense ratio | 3.30% |
| Fee waiver | −2.34% |
| Net expense ratio | 0.96% |
| 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 |
C000242836 Costs Over Time
On $10,000 invested in C000242836, assuming 5% a year before costs, total costs come to $1,252 over 5 years, cutting the return by 2.15% 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 0.96%) | $96 | $298 | $517 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $26 | $98 | $198 |
| Total costs | $649 | $928 | $1,252 |
| Value after costs | $9,851 | $10,649 | $11,511 |
| Impact on return, per year | 6.49% | 2.88% | 2.15% |
C000242836 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0217%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $3.5M
- Portfolio turnover (prospectus): 50%
- Securities on loan, average value: $20K
- Net income from securities lending: $57 (0.000% of average net assets)
C000242836 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $327 | 16.53% |
| Goldman Sachs & Co. LLC | $324 | 16.38% |
| Morgan Stanley & Co. LLC | $220 | 11.09% |
| UBS Securities LLC | $211 | 10.67% |
| Citigroup Global Markets Inc. | $182 | 9.17% |
| HSBC Securities (USA) Inc. | $159 | 8.03% |
| BofA Securities, Inc. | $152 | 7.70% |
| Jefferies LLC | $146 | 7.35% |
| Barclays Capital, Inc. | $131 | 6.60% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $128 | 6.49% |
C000242836 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $3.3M | 94.85% |
| Goldman Sachs & Co. LLC | $56K | 1.59% |
| Morgan Stanley & Co. LLC | $38K | 1.09% |
| BofA Securities, Inc. | $29K | 0.81% |
| UBS Securities LLC | $23K | 0.66% |
| Barclays Capital, Inc. | $15K | 0.44% |
| BNP Paribas Securities Corp. | $15K | 0.42% |
| Citigroup Global Markets Inc. | $5K | 0.14% |
| CACEIS Bank | $1 | 0.00% |
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.