IBTK Fees and Costs — iShares iBonds Dec 2030 Term Treasury ETF
Data updated: 2026-09-25
The net expense ratio is 0.07%. There are no sales loads or redemption fees. Portfolio turnover was 62%.
IBTK Fees and Expenses
Annual operating expenses and sales charges of IBTK. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.07% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.07% |
| Fee waiver | — |
| Net expense ratio | 0.07% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
IBTK Costs Over Time
On $10,000 invested in IBTK, assuming 5% a year before costs, total costs come to $45 over 5 years, cutting the return by 0.07% 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 0.07%) | $7 | $23 | $41 |
| Lost growth on money paid in costs | $0 | $1 | $4 |
| Total costs | $7 | $24 | $45 |
| Value after costs | $10,493 | $11,552 | $12,718 |
| Impact on return, per year | 0.07% | 0.07% | 0.07% |
IBTK Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $850.9M
- Portfolio turnover (prospectus): 62%
- Securities on loan, average value: $0
- Net income from securities lending: $6K (0.001% of average net assets)
IBTK Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $118.8M | 16.64% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $109.6M | 15.35% |
| RBC Capital Markets, LLC | $98.7M | 13.82% |
| J.P. Morgan Securities LLC | $75.7M | 10.60% |
| BNP Paribas Securities Corp. | $71.0M | 9.95% |
| National Securities Clearing Corp. | $71.0M | 9.94% |
| BofA Securities, Inc. | $64.1M | 8.98% |
| BlackRock Liquidity Funds T-Fund | $38.7M | 5.42% |
| Citadel Securities LLC | $33.6M | 4.71% |
| Barclays Capital, Inc. | $32.8M | 4.59% |
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.