IWFH Fees and Costs — iShares Virtual Work and Life Multisector ETF
Data updated: 2024-10-15
The net expense ratio is 0.47%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $479 in broker commissions, 0.0160% of average net assets, and portfolio turnover was 47%.
IWFH Fees and Expenses
Annual operating expenses and sales charges of IWFH. Prospectus, as of November 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.47% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.47% |
| Fee waiver | — |
| Net expense ratio | 0.47% |
| 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 |
IWFH Costs Over Time
On $10,000 invested in IWFH, assuming 5% a year before costs, total costs come to $307 over 5 years, cutting the return by 0.51% 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 0.47%) | $49 | $155 | $270 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $51 | $168 | $307 |
| Value after costs | $10,449 | $11,408 | $12,456 |
| Impact on return, per year | 0.51% | 0.51% | 0.51% |
IWFH Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0160%
- Total broker commissions: $479
- Bought from dealers (principal trades, not a cost): $407K
- Portfolio turnover (prospectus): 47%
- Securities on loan, average value: $290K
- Net income from securities lending: $2K (0.079% of average net assets)
IWFH Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $72 | 18.77% |
| Goldman Sachs & Co. LLC | $56 | 14.42% |
| BNY Capital Markets, LLC | $52 | 13.49% |
| UBS Securities LLC | $42 | 10.90% |
| J.P. Morgan Securities LLC | $33 | 8.61% |
| BNP Paribas Securities Corp. | $29 | 7.47% |
| Jefferies LLC | $29 | 7.45% |
| Barclays Capital Inc. | $27 | 6.93% |
| Loop Capital Markets LLC | $25 | 6.41% |
| Nomura Securities International, Inc. | $21 | 5.56% |
IWFH Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $400K | 99.52% |
| Goldman Sachs & Co. LLC | $843 | 0.21% |
| Morgan Stanley & Co. LLC | $570 | 0.14% |
| BNP Paribas Securities Corp. | $520 | 0.13% |
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.