C000249922 Fees and Costs — iShares High Yield Active ETF
Data updated: 2026-09-25
The net expense ratio is 0.45%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3K in broker commissions, 0.0039% of average net assets, and portfolio turnover was 79%.
C000249922 Fees and Expenses
Annual operating expenses and sales charges of C000249922. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.45% |
| Fee waiver | — |
| Net expense ratio | 0.45% |
| 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 | No |
C000249922 Costs Over Time
On $10,000 invested in C000249922, assuming 5% a year before costs, total costs come to $287 over 5 years, cutting the return by 0.48% 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 0.45%) | $47 | $148 | $259 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $48 | $157 | $287 |
| Value after costs | $10,452 | $11,419 | $12,476 |
| Impact on return, per year | 0.48% | 0.48% | 0.48% |
C000249922 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0039%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $251.4M
- Portfolio turnover (prospectus): 79%
- Securities on loan, average value: $6.9M
- Net income from securities lending: $25K (0.028% of average net assets)
C000249922 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1K | 40.12% |
| Tourmaline Partners, LLC | $913 | 26.54% |
| Jane Street Execution Services, LLC | $760 | 22.09% |
| Morgan Stanley & Co. LLC | $259 | 7.52% |
| BofA Securities, Inc. | $88 | 2.56% |
| Goldman Sachs & Co. LLC | $18 | 0.51% |
| Citigroup Global Markets Inc. | $15 | 0.42% |
| TD Securities (USA) LLC | $7 | 0.21% |
| Jefferies LLC | $1 | 0.03% |
C000249922 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $101.3M | 44.87% |
| Morgan Stanley & Co. LLC | $49.8M | 22.05% |
| Goldman Sachs & Co. LLC | $18.3M | 8.09% |
| J.P. Morgan Securities LLC | $14.1M | 6.23% |
| BofA Securities, Inc. | $12.0M | 5.30% |
| Citigroup Global Markets Inc. | $9.4M | 4.17% |
| Barclays Capital Inc. | $7.3M | 3.21% |
| Wells Fargo Securities, LLC | $5.0M | 2.21% |
| BNY Capital Markets, LLC | $4.5M | 1.97% |
| RBC Capital Markets, LLC | $4.3M | 1.91% |
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.