C000242844 Fees and Costs — BlackRock U.S. Insights Long/Short Equity Fund, Investor A
Data updated: 2026-01-26
The net expense ratio is 1.86%: a 1.36% management fee, a 0.25% 12b-1 fee plus 2.59% 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 $8K in broker commissions, 0.0704% of average net assets, and portfolio turnover was 313%.
C000242844 Fees and Expenses
Annual operating expenses and sales charges of C000242844. Prospectus, as of May 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.36% |
| 12b-1 fee | 0.25% |
| Other expenses | 2.59% |
| Gross expense ratio | 4.20% |
| Fee waiver | −2.34% |
| Net expense ratio | 1.86% |
| 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 | No |
C000242844 Costs Over Time
On $10,000 invested in C000242844, assuming 5% a year before costs, total costs come to $1,793 over 5 years, cutting the return by 3.13% 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 1.86%) | $185 | $572 | $982 |
| Trading costs (broker commissions) | $7 | $22 | $37 |
| Lost growth on money paid in costs | $26 | $112 | $249 |
| Total costs | $743 | $1,231 | $1,793 |
| Value after costs | $9,757 | $10,345 | $10,970 |
| Impact on return, per year | 7.43% | 3.86% | 3.13% |
C000242844 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0704%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): $296.5M
- Portfolio turnover (prospectus): 313%
- Securities on loan, average value: $2K
- Net income from securities lending: $22 (0.000% of average net assets)
C000242844 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL, INC. | $2K | 25.30% |
| BOFA SECURITIES, INC. | $2K | 23.17% |
| GOLDMAN SACHS & CO. LLC | $2K | 22.72% |
| HSBC SECURITIES (USA) INC. | $2K | 21.50% |
| J.P. Morgan Securities LLC | $373 | 4.42% |
| UBS Securities LLC | $110 | 1.30% |
| CitiGroup Global Markets Inc. | $73 | 0.87% |
| BNP Paribas Securities Corp. | $25 | 0.30% |
| MORGAN STANLEY & CO. LLC | $18 | 0.21% |
| RBC CAPITAL MARKETS, LLC | $17 | 0.20% |
C000242844 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO Nesbitt Burns Securities Ltd. | $48.5M | 16.37% |
| BARCLAYS CAPITAL, INC. | $45.0M | 15.19% |
| BOFA SECURITIES, INC. | $43.2M | 14.60% |
| HSBC SECURITIES (USA), INC. | $40.7M | 13.76% |
| Goldman Sachs & Co. LLC | $39.6M | 13.38% |
| J.P. Morgan Securities LLC | $33.2M | 11.20% |
| CitiGroup Global Markets Inc. | $22.5M | 7.62% |
| MORGAN STANLEY & CO. LLC | $11.5M | 3.87% |
| DEUTSCHE BANK SECURITIES, INC. | $11.4M | 3.86% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $392K | 0.13% |
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.