DYNF Fees and Costs — iShares U.S. Equity Factor Rotation Active ETF
Data updated: 2026-10-14
The net expense ratio is 0.26%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1.4M in broker commissions, 0.0044% of average net assets, and portfolio turnover was 64%.
DYNF Fees and Expenses
Annual operating expenses and sales charges of DYNF. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.26% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.26% |
| Fee waiver | — |
| Net expense ratio | 0.26% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
DYNF Costs Over Time
On $10,000 invested in DYNF, assuming 5% a year before costs, total costs come to $168 over 5 years, cutting the return by 0.28% 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 0.26%) | $27 | $86 | $150 |
| Trading costs (broker commissions) | $0 | $1 | $3 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $28 | $92 | $168 |
| Value after costs | $10,472 | $11,485 | $12,595 |
| Impact on return, per year | 0.28% | 0.28% | 0.28% |
DYNF 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): 0.0044%
- Total broker commissions: $1.4M
- Bought from dealers (principal trades, not a cost): $22.5B
- Portfolio turnover (prospectus): 64%
DYNF Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BMO Capital Markets Corp. | $256K | 25.37% |
| UBS Securities LLC | $142K | 14.11% |
| Stuart Frankel & Co., Incorporated | $116K | 11.50% |
| TD Securities (USA) LLC | $99K | 9.79% |
| Jefferies LLC | $93K | 9.26% |
| Barclays Capital Inc. | $84K | 8.36% |
| Morgan Stanley & Co. LLC | $63K | 6.25% |
| BofA Securities, Inc. | $57K | 5.68% |
| Citigroup Global Markets Inc. | $53K | 5.22% |
| J.P. Morgan Securities LLC | $45K | 4.45% |
DYNF Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corporation | $17.9B | 79.75% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $4.3B | 19.29% |
| Goldman Sachs & Co. LLC | $216.4M | 0.96% |
| BofA Securities, Inc. | $108K | 0.00% |
| Jane Street Capital, LLC | $62K | 0.00% |
| RBC Capital Markets, LLC | $36K | 0.00% |
| J.P. Morgan Securities LLC | $33K | 0.00% |
| Citadel Securities LLC | $31K | 0.00% |
| Virtu Americas LLC | $27K | 0.00% |
| ABN AMRO Securities (USA) LLC | $20K | 0.00% |
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.