EMIF Fees and Costs — iShares Emerging Markets Infrastructure ETF
Data updated: 2026-08-24
The net expense ratio is 0.60%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $6K in broker commissions, 0.0641% of average net assets, and portfolio turnover was 17%.
EMIF Fees and Expenses
Annual operating expenses and sales charges of EMIF. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.60% |
| Fee waiver | — |
| Net expense ratio | 0.60% |
| 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 |
EMIF Costs Over Time
On $10,000 invested in EMIF, assuming 5% a year before costs, total costs come to $418 over 5 years, cutting the return by 0.70% 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 0.60%) | $63 | $197 | $343 |
| Trading costs (broker commissions) | $7 | $21 | $37 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $70 | $229 | $418 |
| Value after costs | $10,430 | $11,347 | $12,345 |
| Impact on return, per year | 0.70% | 0.70% | 0.70% |
EMIF Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0641%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $10.7M
- Portfolio turnover (prospectus): 17%
- Securities on loan, average value: $406K
- Net income from securities lending: $3K (0.033% of average net assets)
EMIF Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $2K | 39.45% |
| RBC Capital Markets, LLC | $1K | 26.84% |
| Morgan Stanley & Co. LLC | $554 | 9.97% |
| UBS Securities LLC | $390 | 7.01% |
| Goldman Sachs & Co. LLC | $360 | 6.47% |
| BNP Paribas Securities Corp. | $226 | 4.08% |
| Jefferies LLC | $226 | 4.07% |
| BofA Securities, Inc. | $62 | 1.12% |
| HSBC Securities (USA) Inc. | $37 | 0.67% |
| BTG Pactual US Capital, LLC | $17 | 0.31% |
EMIF Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $5.7M | 53.23% |
| J.P. Morgan Securities LLC | $5.0M | 46.77% |
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.