IQLT Fees and Costs — iShares MSCI Intl Quality Factor ETF
Data updated: 2026-10-13
The net expense ratio is 0.30%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $837K in broker commissions, 0.0065% of average net assets, and portfolio turnover was 20%.
IQLT Fees and Expenses
Annual operating expenses and sales charges of IQLT. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.30% |
| Fee waiver | — |
| Net expense ratio | 0.30% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
IQLT Costs Over Time
On $10,000 invested in IQLT, assuming 5% a year before costs, total costs come to $194 over 5 years, cutting the return by 0.32% 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 0.30%) | $32 | $99 | $173 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $5 | $18 |
| Total costs | $32 | $106 | $194 |
| Value after costs | $10,468 | $11,470 | $12,568 |
| Impact on return, per year | 0.32% | 0.32% | 0.32% |
IQLT Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0065%
- Total broker commissions: $837K
- Bought from dealers (principal trades, not a cost): $7.4B
- Portfolio turnover (prospectus): 20%
IQLT Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $98K | 13.76% |
| Goldman Sachs & Co. LLC | $89K | 12.59% |
| Citigroup Global Markets Inc. | $89K | 12.46% |
| UBS Securities LLC | $87K | 12.27% |
| Morgan Stanley & Co. LLC | $87K | 12.25% |
| BNP Paribas Securities Corp. | $76K | 10.64% |
| J.P. Morgan Securities LLC | $58K | 8.15% |
| BMO Capital Markets Corp. | $50K | 7.03% |
| BofA Securities, Inc. | $41K | 5.79% |
| Barclays Capital Inc. | $36K | 5.05% |
IQLT Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $3.3B | 45.17% |
| UBS Securities LLC | $2.1B | 28.55% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $917.5M | 12.38% |
| Citigroup Global Markets Inc. | $507.0M | 6.84% |
| J.P. Morgan Securities LLC | $307.0M | 4.14% |
| Goldman Sachs & Co. LLC | $191.0M | 2.58% |
| Jane Street Capital, LLC | $24.3M | 0.33% |
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.