ITDE Fees and Costs — iShares LifePath Target Date 2045 ETF
Data updated: 2026-10-13
The net expense ratio is 0.11%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $1K in broker commissions, 0.0023% of average net assets, and portfolio turnover was 16%.
ITDE Fees and Expenses
Annual operating expenses and sales charges of ITDE. 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 | 0.11% |
| Fee waiver | — |
| Net expense ratio | 0.11% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
ITDE Costs Over Time
On $10,000 invested in ITDE, assuming 5% a year before costs, total costs come to $72 over 5 years, cutting the return by 0.12% 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 0.11%) | $12 | $36 | $64 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $2 | $7 |
| Total costs | $12 | $39 | $72 |
| Value after costs | $10,488 | $11,537 | $12,691 |
| Impact on return, per year | 0.12% | 0.12% | 0.12% |
ITDE 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): 0.0023%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $53.4M
- Portfolio turnover (prospectus): 16%
ITDE Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jane Street Capital, LLC | $362 | 26.79% |
| Citigroup Global Markets Inc. | $217 | 16.06% |
| Citadel Securities LLC | $205 | 15.15% |
| J.P. Morgan Securities LLC | $178 | 13.16% |
| BofA Securities, Inc. | $166 | 12.29% |
| Jefferies LLC | $153 | 11.34% |
| Morgan Stanley & Co. LLC | $25 | 1.87% |
| Goldman Sachs & Co. LLC | $24 | 1.76% |
| BNP Paribas Securities Corp. | $13 | 0.98% |
| UBS Securities LLC | $8 | 0.59% |
ITDE Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jane Street Capital, LLC | $23.8M | 44.51% |
| Citadel Securities LLC | $18.5M | 34.58% |
| BofA Securities, Inc. | $7.3M | 13.74% |
| Citigroup Global Markets Inc. | $3.1M | 5.80% |
| HRT Financial LP | $738K | 1.38% |
| Goldman Sachs & Co. LLC | $605 | 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.