HYG Fees and Costs — iShares iBoxx $ High Yield Corporate Bond ETF
Data updated: 2026-07-24
The net expense ratio is 0.49%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $8K in broker commissions, and portfolio turnover was 22%.
HYG Fees and Expenses
Annual operating expenses and sales charges of HYG. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.49% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.49% |
| Fee waiver | — |
| Net expense ratio | 0.49% |
| 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 |
HYG Costs Over Time
On $10,000 invested in HYG, assuming 5% a year before costs, total costs come to $310 over 5 years, cutting the return by 0.51% 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 0.49%) | $51 | $161 | $281 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $51 | $169 | $310 |
| Value after costs | $10,449 | $11,407 | $12,453 |
| Impact on return, per year | 0.51% | 0.51% | 0.51% |
HYG 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: $8K
- Bought from dealers (principal trades, not a cost): $78.5B
- Portfolio turnover (prospectus): 22%
- Securities on loan, average value: $2.7B
- Net income from securities lending: $13.0M (0.076% of average net assets)
HYG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| TD Securities (USA) LLC | $8K | 100.00% |
HYG Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $23.1B | 29.97% |
| Jefferies LLC | $20.5B | 26.55% |
| Goldman Sachs & Co. LLC | $10.6B | 13.73% |
| Barclays Capital Inc. | $8.6B | 11.09% |
| Morgan Stanley & Co. LLC | $5.5B | 7.13% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $5.4B | 7.00% |
| BofA Securities, Inc. | $2.5B | 3.24% |
| Citigroup Global Markets Inc. | $617.3M | 0.80% |
| Wells Fargo Securities, LLC | $189.7M | 0.25% |
| MarketAxess Corporation | $187.7M | 0.24% |
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.