CEMB Fees and Costs — iShares J.P. Morgan EM Corporate Bond ETF
Data updated: 2026-09-25
The net expense ratio is 0.50%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $360 in broker commissions, 0.0001% of average net assets, and portfolio turnover was 33%.
CEMB Fees and Expenses
Annual operating expenses and sales charges of CEMB. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
CEMB Costs Over Time
On $10,000 invested in CEMB, assuming 5% a year before costs, total costs come to $316 over 5 years, cutting the return by 0.53% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $53 | $173 | $316 |
| Value after costs | $10,447 | $11,403 | $12,447 |
| Impact on return, per year | 0.53% | 0.53% | 0.53% |
CEMB Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0001%
- Total broker commissions: $360
- Bought from dealers (principal trades, not a cost): $474.5M
- Portfolio turnover (prospectus): 33%
- Securities on loan, average value: $30.8M
- Net income from securities lending: $185K (0.046% of average net assets)
CEMB Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BTIG, LLC | $303 | 84.06% |
| TD Securities (USA) LLC | $27 | 7.42% |
| BMO Capital Markets Corp. | $22 | 6.10% |
| Kezar Trading, LLC | $9 | 2.41% |
CEMB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $119.6M | 29.09% |
| Jane Street Capital, LLC | $82.6M | 20.09% |
| Goldman Sachs & Co. LLC | $65.5M | 15.92% |
| J.P. Morgan Securities LLC | $47.7M | 11.60% |
| Barclays Capital Inc. | $29.3M | 7.13% |
| Morgan Stanley & Co. LLC | $24.4M | 5.94% |
| Citigroup Global Markets Inc. | $15.9M | 3.88% |
| BofA Securities, Inc. | $11.8M | 2.87% |
| HSBC Securities (USA) Inc. | $8.4M | 2.04% |
| Standard Chartered Securities (North America) LLC | $6.0M | 1.45% |
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.