ICF Fees and Costs — iShares Select U.S. REIT ETF
Data updated: 2026-09-25
The net expense ratio is 0.32%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $67K in broker commissions, 0.0034% of average net assets, and portfolio turnover was 17%.
ICF Fees and Expenses
Annual operating expenses and sales charges of ICF. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.32% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.32% |
| Fee waiver | — |
| Net expense ratio | 0.32% |
| 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 |
ICF Costs Over Time
On $10,000 invested in ICF, assuming 5% a year before costs, total costs come to $205 over 5 years, cutting the return by 0.34% 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 0.32%) | $34 | $106 | $184 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $5 | $19 |
| Total costs | $34 | $112 | $205 |
| Value after costs | $10,466 | $11,464 | $12,558 |
| Impact on return, per year | 0.34% | 0.34% | 0.34% |
ICF 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): 0.0034%
- Total broker commissions: $67K
- Bought from dealers (principal trades, not a cost): $379.9M
- Portfolio turnover (prospectus): 17%
- Securities on loan, average value: $195K
- Net income from securities lending: $1K (0.000% of average net assets)
ICF Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $21K | 33.52% |
| UBS Securities LLC | $10K | 15.57% |
| BofA Securities, Inc. | $8K | 12.05% |
| J.P. Morgan Securities LLC | $7K | 11.07% |
| BNP Paribas Securities Corp. | $7K | 10.55% |
| Morgan Stanley & Co. LLC | $3K | 4.65% |
| Wells Fargo Securities, LLC | $3K | 4.22% |
| Goldman Sachs & Co. LLC | $2K | 3.44% |
| Pershing LLC | $2K | 3.23% |
| Oppenheimer & Co. Inc. | $1K | 1.69% |
ICF Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corp. | $213.3M | 56.14% |
| BlackRock Liquidity Funds T-Fund | $166.7M | 43.86% |
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.