DVYE Fees and Costs — iShares Emerging Markets Dividend ETF
Data updated: 2026-09-23
The net expense ratio is 0.49%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $716K in broker commissions, 0.0710% of average net assets, and portfolio turnover was 55%.
DVYE Fees and Expenses
Annual operating expenses and sales charges of DVYE. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.49% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.49% |
| Fee waiver | — |
| Net expense ratio | 0.49% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
DVYE Costs Over Time
On $10,000 invested in DVYE, assuming 5% a year before costs, total costs come to $354 over 5 years, cutting the return by 0.59% 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 0.49%) | $51 | $161 | $281 |
| Trading costs (broker commissions) | $7 | $23 | $41 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $59 | $194 | $354 |
| Value after costs | $10,441 | $11,383 | $12,409 |
| Impact on return, per year | 0.59% | 0.59% | 0.59% |
DVYE 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): 0.0710%
- Total broker commissions: $716K
- Bought from dealers (principal trades, not a cost): $399.6M
- Portfolio turnover (prospectus): 55%
- Securities on loan, average value: $14.1M
- Net income from securities lending: $262K (0.026% of average net assets)
DVYE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $177K | 25.96% |
| BTG Pactual US Capital, LLC | $142K | 20.84% |
| Santander Holdings USA, Inc. | $94K | 13.82% |
| Goldman Sachs & Co. LLC | $69K | 10.12% |
| Morgan Stanley & Co. LLC | $52K | 7.61% |
| Citigroup Global Markets Inc. | $36K | 5.36% |
| BofA Securities, Inc. | $34K | 4.98% |
| UBS Securities LLC | $33K | 4.80% |
| CLSA Americas, LLC | $24K | 3.58% |
| Barclays Capital Inc. | $20K | 2.95% |
DVYE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $290.3M | 72.64% |
| J.P. Morgan Securities LLC | $79.6M | 19.92% |
| BofA Securities, Inc. | $24.1M | 6.02% |
| Goldman Sachs & Co. LLC | $2.5M | 0.62% |
| Citigroup Global Markets Inc. | $1.6M | 0.41% |
| UBS Securities LLC | $1.6M | 0.39% |
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.