EMGF Fees and Costs — iShares Emerging Markets Equity Factor ETF
Data updated: 2026-07-27
The net expense ratio is 0.26%: a 0.25% management fee plus 0.01% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $233K in broker commissions, 0.0298% of average net assets, and portfolio turnover was 20%.
EMGF Fees and Expenses
Annual operating expenses and sales charges of EMGF. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.26% |
| Fee waiver | — |
| Net expense ratio | 0.26% |
| 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 |
EMGF Costs Over Time
On $10,000 invested in EMGF, assuming 5% a year before costs, total costs come to $184 over 5 years, cutting the return by 0.30% 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) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $5 | $17 |
| Total costs | $30 | $100 | $184 |
| Value after costs | $10,470 | $11,476 | $12,579 |
| Impact on return, per year | 0.30% | 0.30% | 0.30% |
EMGF Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0298%
- Total broker commissions: $233K
- Bought from dealers (principal trades, not a cost): $203.2M
- Portfolio turnover (prospectus): 20%
- Securities on loan, average value: $7.1M
- Net income from securities lending: $301K (0.039% of average net assets)
EMGF Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $73K | 34.53% |
| Morgan Stanley & Co. LLC | $39K | 18.47% |
| BofA Securities, Inc. | $25K | 11.63% |
| UBS Securities LLC | $23K | 10.88% |
| Citigroup Global Markets Inc. | $17K | 8.13% |
| CLSA Americas, LLC | $11K | 5.11% |
| Macquarie Capital (USA) Inc. | $8K | 3.93% |
| Jefferies LLC | $6K | 2.77% |
| HSBC Securities (USA) Inc. | $5K | 2.35% |
| Goldman Sachs & Co. LLC | $5K | 2.21% |
EMGF Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $184.0M | 90.72% |
| J.P. Morgan Securities LLC | $11.0M | 5.44% |
| BofA Securities, Inc. | $3.7M | 1.81% |
| UBS Securities LLC | $3.2M | 1.57% |
| Citigroup Global Markets Inc. | $933K | 0.46% |
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.