C000255648 Fees and Costs — iShares BBB-B CLO Active ETF
Data updated: 2026-10-14
The net expense ratio is 0.45%. There are no sales loads or redemption fees. Portfolio turnover was 30%.
C000255648 Fees and Expenses
Annual operating expenses and sales charges of C000255648. Prospectus, as of July 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 | — |
C000255648 Costs Over Time
On $10,000 invested in C000255648, assuming 5% a year before costs, total costs come to $285 over 5 years, cutting the return by 0.47% 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 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $47 | $156 | $285 |
| Value after costs | $10,453 | $11,421 | $12,478 |
| Impact on return, per year | 0.47% | 0.47% | 0.47% |
C000255648 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $89.4M
- Portfolio turnover (prospectus): 30%
C000255648 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $43.7M | 56.62% |
| Goldman Sachs & Co. LLC | $7.0M | 9.07% |
| RBC Capital Markets, LLC | $5.0M | 6.48% |
| BofA Securities, Inc. | $5.0M | 6.45% |
| Citigroup Global Markets Inc. | $3.7M | 4.82% |
| Deutsche Bank Securities Inc. | $3.0M | 3.90% |
| Mizuho Securities USA LLC | $3.0M | 3.90% |
| Barclays Capital Inc. | $2.5M | 3.27% |
| SG Americas Securities, LLC | $2.2M | 2.91% |
| CIBC World Markets Corp. | $2.0M | 2.58% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.