C000262359 Fees and Costs — iShares Mortgage-Backed Securities Active ETF
Data updated: 2026-09-25
The net expense ratio is 0.25% (0.26% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $6K in broker commissions, 0.0055% of average net assets, and portfolio turnover was 1287%.
C000262359 Fees and Expenses
Annual operating expenses and sales charges of C000262359. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.26% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.25% |
| 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 |
C000262359 Costs Over Time
On $10,000 invested in C000262359, assuming 5% a year before costs, total costs come to $162 over 5 years, cutting the return by 0.27% 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 0.25%) | $26 | $83 | $144 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $27 | $89 | $162 |
| Value after costs | $10,473 | $11,488 | $12,601 |
| Impact on return, per year | 0.27% | 0.27% | 0.27% |
C000262359 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending April 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0055%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $6.0B
- Portfolio turnover (prospectus): 1287%
- Securities lending: none during the year
C000262359 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $3K | 52.19% |
| Citigroup Global Markets Inc. | $816 | 13.76% |
| BNP Paribas Securities Corp. | $432 | 7.29% |
| J.P. Morgan Securities LLC | $410 | 6.91% |
| HSBC Securities (USA) Inc. | $316 | 5.33% |
| BofA Securities, Inc. | $291 | 4.90% |
| Morgan Stanley & Co. LLC | $214 | 3.61% |
| Mizuho Securities USA LLC | $171 | 2.89% |
| UBS Securities LLC | $97 | 1.64% |
| RBC Capital Markets, LLC | $87 | 1.47% |
C000262359 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $1.7B | 28.73% |
| Goldman Sachs & Co. LLC | $1.1B | 18.24% |
| BofA Securities, Inc. | $936.8M | 15.70% |
| Barclays Capital, Inc. | $623.0M | 10.44% |
| J.P. Morgan Securities LLC | $485.2M | 8.13% |
| Citigroup Global Markets Inc. | $470.6M | 7.89% |
| Wells Fargo Securities, LLC | $401.7M | 6.73% |
| BlackRock Liquidity Funds T-Fund | $105.6M | 1.77% |
| Mizuho Securities USA LLC | $89.2M | 1.49% |
| BNP Paribas Securities Corp. | $52.0M | 0.87% |
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.