C000248219 Fees and Costs — BlackRock Allocation Target Shares: Series I Portfolio, Class I
Data updated: 2026-08-25
The net expense ratio is 0.01% (0.12% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $7K in broker commissions, 0.0099% of average net assets, and portfolio turnover was 292%.
C000248219 Fees and Expenses
Annual operating expenses and sales charges of C000248219. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.11% |
| Gross expense ratio | 0.12% |
| Fee waiver | −0.11% |
| Net expense ratio | 0.01% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
C000248219 Costs Over Time
On $10,000 invested in C000248219, assuming 5% a year before costs, total costs come to $13 over 5 years, cutting the return by 0.02% 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 0.01%) | $1 | $3 | $6 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $0 | $1 |
| Total costs | $2 | $7 | $13 |
| Value after costs | $10,498 | $11,569 | $12,750 |
| Impact on return, per year | 0.02% | 0.02% | 0.02% |
C000248219 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0099%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $537.4M
- Portfolio turnover (prospectus): 292%
- Securities lending: none during the year
C000248219 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $2K | 35.55% |
| Citigroup Global Markets Inc. | $2K | 22.73% |
| Mizuho Securities USA LLC | $550 | 8.18% |
| J.P. Morgan Securities LLC | $492 | 7.31% |
| RBC Capital Markets, LLC | $409 | 6.09% |
| Morgan Stanley & Co. LLC | $394 | 5.86% |
| Deutsche Bank Securities Inc. | $376 | 5.59% |
| Barclays Capital, Inc. | $303 | 4.51% |
| BofA Securities, Inc. | $197 | 2.93% |
| Nomura Securities International, Inc. | $83 | 1.24% |
C000248219 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Liquidity Funds T-Fund | $104.7M | 21.05% |
| Goldman Sachs & Co. LLC | $90.8M | 18.26% |
| J.P. Morgan Securities LLC | $76.2M | 15.33% |
| BofA Securities, Inc. | $56.9M | 11.44% |
| Morgan Stanley & Co. LLC | $53.6M | 10.77% |
| Citigroup Global Markets Inc. | $41.6M | 8.37% |
| Barclays Capital, Inc. | $33.8M | 6.80% |
| Wells Fargo Securities, LLC | $27.5M | 5.53% |
| BNP Paribas Securities Corp. | $6.6M | 1.32% |
| Mizuho Securities USA LLC | $5.6M | 1.13% |
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.