IGBH Fees and Costs — iShares Interest Rate Hedged Long-Term Corporate Bond ETF
Data updated: 2026-09-25
The net expense ratio is 0.14% (0.39% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $4K in broker commissions, 0.0041% of average net assets, and portfolio turnover was 7%.
IGBH Fees and Expenses
Annual operating expenses and sales charges of IGBH. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.39% |
| Fee waiver | −0.25% |
| Net expense ratio | 0.14% |
| 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 |
IGBH Costs Over Time
On $10,000 invested in IGBH, assuming 5% a year before costs, total costs come to $92 over 5 years, cutting the return by 0.15% 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 0.14%) | $15 | $46 | $81 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $2 | $8 |
| Total costs | $15 | $50 | $92 |
| Value after costs | $10,485 | $11,526 | $12,671 |
| Impact on return, per year | 0.15% | 0.15% | 0.15% |
IGBH 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): 0.0041%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $216.6M
- Portfolio turnover (prospectus): 7%
- Securities on loan, average value: $35.0M
- Net income from securities lending: $94K (0.089% of average net assets)
IGBH Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jane Street Execution Services, LLC | $4K | 80.13% |
| Morgan Stanley & Co. LLC | $238 | 5.45% |
| Citigroup Global Markets Inc. | $200 | 4.58% |
| BofA Securities, Inc. | $140 | 3.21% |
| Jefferies LLC | $140 | 3.21% |
| Goldman Sachs & Co. LLC | $80 | 1.83% |
| J.P. Morgan Securities LLC | $70 | 1.60% |
IGBH Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $117.9M | 54.44% |
| National Securities Clearing Corporation | $98.7M | 45.56% |
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.