IRTR Fees and Costs — iShares LifePath Retirement ETF
Data updated: 2026-10-13
The net expense ratio is 0.08%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1K in broker commissions, 0.0030% of average net assets, and portfolio turnover was 18%.
IRTR Fees and Expenses
Annual operating expenses and sales charges of IRTR. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.08% |
| Fee waiver | — |
| Net expense ratio | 0.08% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
IRTR Costs Over Time
On $10,000 invested in IRTR, assuming 5% a year before costs, total costs come to $53 over 5 years, cutting the return by 0.09% 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 0.08%) | $8 | $26 | $46 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $1 | $5 |
| Total costs | $9 | $29 | $53 |
| Value after costs | $10,491 | $11,547 | $12,710 |
| Impact on return, per year | 0.09% | 0.09% | 0.09% |
IRTR 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): 0.0030%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $44.4M
- Portfolio turnover (prospectus): 18%
IRTR Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $358 | 28.04% |
| Citigroup Global Markets Inc. | $329 | 25.79% |
| Jane Street Capital, LLC | $162 | 12.66% |
| Jefferies LLC | $143 | 11.16% |
| J.P. Morgan Securities LLC | $100 | 7.86% |
| Citadel Securities LLC | $91 | 7.10% |
| Goldman Sachs & Co. LLC | $50 | 3.91% |
| UBS Securities LLC | $22 | 1.71% |
| RBC Capital Markets, LLC | $13 | 1.01% |
| BNP Paribas Securities Corp. | $10 | 0.76% |
IRTR Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jane Street Capital, LLC | $21.6M | 48.76% |
| Citadel Securities LLC | $19.2M | 43.30% |
| Citigroup Global Markets Inc. | $3.5M | 7.95% |
| BofA Securities, Inc. | $365 | 0.00% |
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.