C000251821 Fees and Costs — BlackRock LifePath Index 2070 Fund, Investor A
Data updated: 2026-08-25
The net expense ratio is 0.39% (0.86% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2K in broker commissions, 0.0117% of average net assets, and portfolio turnover was 11%.
C000251821 Fees and Expenses
Annual operating expenses and sales charges of C000251821. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.05% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.52% |
| Gross expense ratio | 0.86% |
| Fee waiver | −0.47% |
| Net expense ratio | 0.39% |
| 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 |
C000251821 Costs Over Time
On $10,000 invested in C000251821, assuming 5% a year before costs, total costs come to $254 over 5 years, cutting the return by 0.42% 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 0.39%) | $41 | $129 | $224 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $7 | $23 |
| Total costs | $42 | $139 | $254 |
| Value after costs | $10,458 | $11,437 | $12,509 |
| Impact on return, per year | 0.42% | 0.42% | 0.42% |
C000251821 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0117%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $29.3M
- Portfolio turnover (prospectus): 11%
- Securities on loan, average value: $0
- Net income from securities lending: $32 (0.000% of average net assets)
C000251821 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| TD Securities (USA) LLC | $1K | 52.99% |
| Morgan Stanley & Co. LLC | $325 | 13.74% |
| BofA Securities, Inc. | $315 | 13.30% |
| UBS Securities LLC | $195 | 8.25% |
| Jefferies LLC | $137 | 5.78% |
| J.P. Morgan Securities LLC | $121 | 5.10% |
| Barclays Capital Inc. | $13 | 0.54% |
| Citigroup Global Markets Inc. | $7 | 0.30% |
C000251821 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $29.3M | 99.82% |
| State Street Bank and Trust Company | $53K | 0.18% |
| Basellandschaftliche Pensionskasse | $980 | 0.00% |
BlackRock LifePath Index 2070 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000251820 | Class K | 0.09% | — |
| C000251822 | Institutional Class | 0.14% | — |
| C000251821 | Investor A | 0.39% | — |
| C000251823 | Class P | 0.39% | 5.25% |
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.