IGEB Fees and Costs — iShares Investment Grade Systematic Bond ETF
Data updated: 2026-07-24
The net expense ratio is 0.18%. There are no sales loads or redemption fees. Portfolio turnover was 63%.
IGEB Fees and Expenses
Annual operating expenses and sales charges of IGEB. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.18% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.18% |
| Fee waiver | — |
| Net expense ratio | 0.18% |
| 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 |
IGEB Costs Over Time
On $10,000 invested in IGEB, assuming 5% a year before costs, total costs come to $114 over 5 years, cutting the return by 0.19% 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 0.18%) | $19 | $59 | $104 |
| Lost growth on money paid in costs | $0 | $3 | $10 |
| Total costs | $19 | $62 | $114 |
| Value after costs | $10,481 | $11,514 | $12,648 |
| Impact on return, per year | 0.19% | 0.19% | 0.19% |
IGEB 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: —
- Bought from dealers (principal trades, not a cost): $2.4B
- Portfolio turnover (prospectus): 63%
- Securities on loan, average value: $78.4M
- Net income from securities lending: $200K (0.015% of average net assets)
IGEB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $479.8M | 22.67% |
| BofA Securities, Inc. | $288.7M | 13.64% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $284.6M | 13.45% |
| Jane Street Execution Services, LLC | $263.5M | 12.45% |
| Morgan Stanley & Co. LLC | $207.7M | 9.81% |
| Goldman Sachs & Co. LLC | $175.1M | 8.27% |
| HSBC Securities (USA) Inc. | $156.9M | 7.41% |
| Jane Street Capital, LLC | $123.0M | 5.81% |
| Barclays Capital Inc. | $95.0M | 4.49% |
| Citadel Securities LLC | $42.4M | 2.00% |
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.