C000251826 Fees and Costs — BlackRock LifePath Dynamic 2070 Fund, Investor A
Data updated: 2026-08-25
The net expense ratio is 0.84% (1.78% before fee waivers). This share class carries a maximum front-end sales load of 5.25%. In fiscal 2025 the fund paid $628 in broker commissions, 0.0141% of average net assets, and portfolio turnover was 41%.
C000251826 Fees and Expenses
Annual operating expenses and sales charges of C000251826. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.25% |
| Other expenses | 1.01% |
| Gross expense ratio | 1.78% |
| Fee waiver | −0.94% |
| Net expense ratio | 0.84% |
| 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 |
C000251826 Costs Over Time
On $10,000 invested in C000251826, assuming 5% a year before costs, total costs come to $1,178 over 5 years, cutting the return by 2.01% 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 0.84%) | $84 | $261 | $454 |
| Trading costs (broker commissions) | $1 | $4 | $8 |
| Lost growth on money paid in costs | $26 | $96 | $192 |
| Total costs | $636 | $886 | $1,178 |
| Value after costs | $9,864 | $10,690 | $11,585 |
| Impact on return, per year | 6.36% | 2.75% | 2.01% |
C000251826 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): 0.0141%
- Total broker commissions: $628
- Bought from dealers (principal trades, not a cost): $6.1M
- Portfolio turnover (prospectus): 41%
- Securities on loan, average value: $479K
- Net income from securities lending: $1K (0.030% of average net assets)
C000251826 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SG Americas Securities, LLC | $256 | 41.01% |
| BofA Securities, Inc. | $115 | 18.34% |
| Goldman Sachs & Co. LLC | $53 | 8.56% |
| UBS Securities LLC | $45 | 7.18% |
| Jefferies LLC | $41 | 6.60% |
| TD Securities (USA) LLC | $37 | 5.85% |
| Citigroup Global Markets Inc. | $33 | 5.31% |
| Morgan Stanley & Co. LLC | $21 | 3.33% |
| Barclays Capital Inc. | $15 | 2.41% |
| J.P. Morgan Securities LLC | $9 | 1.43% |
C000251826 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $6.1M | 99.63% |
| BNY Capital Markets, LLC | $23K | 0.37% |
BlackRock LifePath Dynamic 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 |
|---|---|---|---|
| C000251828 | Class K | 0.34% | — |
| C000251825 | Institutional Class | 0.59% | none |
| C000251826 | Investor A | 0.84% | 5.25% |
| C000251824 | Class R | 1.04% | none |
| C000251827 | Investor C | 1.59% | none |
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.