CCRV Fees and Costs — iShares Commodity Curve Carry Strategy ETF
Data updated: 2025-09-24
The net expense ratio is 0.40% (0.42% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 0%.
CCRV Fees and Expenses
Annual operating expenses and sales charges of CCRV. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.42% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.40% |
| 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 |
CCRV Costs Over Time
On $10,000 invested in CCRV, assuming 5% a year before costs, total costs come to $253 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 0.40%) | $42 | $132 | $230 |
| Lost growth on money paid in costs | $0 | $7 | $23 |
| Total costs | $42 | $138 | $253 |
| Value after costs | $10,458 | $11,438 | $12,510 |
| Impact on return, per year | 0.42% | 0.42% | 0.42% |
CCRV Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $332.5M
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
CCRV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $172.5M | 56.24% |
| J.P. Morgan Securities LLC | $23.8M | 7.75% |
| BofA Securities, Inc. | $21.9M | 7.15% |
| BMO Capital Markets Corp. | $16.0M | 5.21% |
| Barclays Capital Inc. | $15.4M | 5.03% |
| Citigroup Global Markets Inc. | $14.7M | 4.81% |
| RBC Capital Markets, LLC | $12.8M | 4.16% |
| Wells Fargo Securities, LLC | $12.6M | 4.11% |
| Goldman Sachs & Co. LLC | $8.8M | 2.86% |
| BNY Capital Markets, LLC | $8.2M | 2.68% |
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.