HDV Fees and Costs — iShares Core High Dividend ETF
Data updated: 2026-09-25
The net expense ratio is 0.08%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1.1M in broker commissions, 0.0091% of average net assets, and portfolio turnover was 65%.
HDV Fees and Expenses
Annual operating expenses and sales charges of HDV. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.08% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.08% |
| Fee waiver | — |
| Net expense ratio | 0.08% |
| 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 |
HDV Costs Over Time
On $10,000 invested in HDV, assuming 5% a year before costs, total costs come to $57 over 5 years, cutting the return by 0.09% 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 0.08%) | $8 | $26 | $46 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $1 | $5 |
| Total costs | $9 | $31 | $57 |
| Value after costs | $10,491 | $11,545 | $12,706 |
| Impact on return, per year | 0.09% | 0.09% | 0.09% |
HDV 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): 0.0091%
- Total broker commissions: $1.1M
- Bought from dealers (principal trades, not a cost): $1.3B
- Portfolio turnover (prospectus): 65%
- Securities lending: none during the year
HDV Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $193K | 19.61% |
| CitiGroup Global Markets Inc. | $152K | 15.44% |
| BOFA SECURITIES, INC. | $120K | 12.18% |
| BARCLAYS CAPITAL, INC. | $85K | 8.64% |
| TD SECURITIES (USA) LLC | $82K | 8.30% |
| BNP PARIBAS SECURITIES CORP. | $80K | 8.14% |
| GOLDMAN SACHS & CO. LLC | $76K | 7.69% |
| JEFFERIES LLC | $73K | 7.40% |
| PIPER SANDLER & CO. | $63K | 6.42% |
| UBS SECURITIES LLC | $61K | 6.18% |
HDV Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BLACKROCK FUNDS III - BlackRock Cash Funds: Treasury | $1.3B | 100.00% |
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.