ITDI Fees and Costs — iShares LifePath Target Date 2065 ETF
Data updated: 2026-10-13
The net expense ratio is 0.12%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $179 in broker commissions, 0.0009% of average net assets, and portfolio turnover was 12%.
ITDI Fees and Expenses
Annual operating expenses and sales charges of ITDI. 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 | 0.12% |
| Fee waiver | — |
| Net expense ratio | 0.12% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
ITDI Costs Over Time
On $10,000 invested in ITDI, assuming 5% a year before costs, total costs come to $77 over 5 years, cutting the return by 0.13% 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 0.12%) | $13 | $40 | $69 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $2 | $7 |
| Total costs | $13 | $42 | $77 |
| Value after costs | $10,487 | $11,534 | $12,686 |
| Impact on return, per year | 0.13% | 0.13% | 0.13% |
ITDI 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): 0.0009%
- Total broker commissions: $179
- Bought from dealers (principal trades, not a cost): $14.6M
- Portfolio turnover (prospectus): 12%
ITDI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $68 | 38.08% |
| Citadel Securities LLC | $50 | 27.77% |
| Jefferies LLC | $37 | 20.72% |
| Jane Street Capital, LLC | $7 | 3.94% |
| BofA Securities, Inc. | $7 | 3.75% |
| BNP Paribas Securities Corp. | $6 | 3.12% |
| Goldman Sachs & Co. LLC | $2 | 1.39% |
| Morgan Stanley & Co. LLC | $1 | 0.72% |
| Cowen and Company, LLC | $1 | 0.40% |
| UBS Securities LLC | $0 | 0.11% |
ITDI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citadel Securities LLC | $7.6M | 52.44% |
| BofA Securities, Inc. | $4.6M | 31.45% |
| Jane Street Capital, LLC | $1.5M | 10.63% |
| Citigroup Global Markets Inc. | $798K | 5.48% |
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.