GVI Fees and Costs — iShares Intermediate Government/Credit Bond ETF
Data updated: 2026-07-24
The net expense ratio is 0.20%. There are no sales loads or redemption fees. Portfolio turnover was 21%.
GVI Fees and Expenses
Annual operating expenses and sales charges of GVI. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.20% |
| Fee waiver | — |
| Net expense ratio | 0.20% |
| 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 |
GVI Costs Over Time
On $10,000 invested in GVI, assuming 5% a year before costs, total costs come to $127 over 5 years, cutting the return by 0.21% 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 0.20%) | $21 | $66 | $116 |
| Lost growth on money paid in costs | $0 | $3 | $12 |
| Total costs | $21 | $69 | $127 |
| Value after costs | $10,479 | $11,507 | $12,636 |
| Impact on return, per year | 0.21% | 0.21% | 0.21% |
GVI Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $3.1B
- Portfolio turnover (prospectus): 21%
- Securities on loan, average value: $15.6M
- Net income from securities lending: $79K (0.002% of average net assets)
GVI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $774.4M | 28.96% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $671.2M | 25.11% |
| Goldman Sachs & Co. LLC | $272.5M | 10.19% |
| BofA Securities, Inc. | $243.8M | 9.12% |
| Citadel Securities LLC | $187.9M | 7.03% |
| RBC Capital Markets, LLC | $184.0M | 6.88% |
| Morgan Stanley & Co. LLC | $99.8M | 3.73% |
| BMO Capital Markets Corp. | $83.8M | 3.13% |
| Wells Fargo Securities, LLC | $78.4M | 2.93% |
| Daiwa Capital Markets America Inc. | $77.6M | 2.90% |
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.