IYLD Fees and Costs — iShares Morningstar Multi-Asset Income ETF
Data updated: 2026-10-13
The net expense ratio is 0.50%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $16K in broker commissions, 0.0126% of average net assets, and portfolio turnover was 35%.
IYLD Fees and Expenses
Annual operating expenses and sales charges of IYLD. Prospectus, as of July 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.50% |
| Fee waiver | — |
| Net expense ratio | 0.50% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
IYLD Costs Over Time
On $10,000 invested in IYLD, assuming 5% a year before costs, total costs come to $324 over 5 years, cutting the return by 0.54% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $54 | $177 | $324 |
| Value after costs | $10,446 | $11,399 | $12,439 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
IYLD 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): 0.0126%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): $48.7M
- Portfolio turnover (prospectus): 35%
IYLD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citadel Securities LLC | $8K | 53.25% |
| Jane Street Capital, LLC | $3K | 20.25% |
| Goldman Sachs & Co. LLC | $1K | 8.87% |
| Barclays Capital Inc. | $1K | 7.95% |
| Citigroup Global Markets Inc. | $624 | 4.02% |
| Cabrera Capital Markets LLC | $307 | 1.98% |
| Oppenheimer & Co. Inc. | $222 | 1.43% |
| J.P. Morgan Securities LLC | $151 | 0.98% |
| Old Mission Markets LLC | $137 | 0.88% |
| Jefferies LLC | $61 | 0.40% |
IYLD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jane Street Capital, LLC | $12.8M | 26.25% |
| Citigroup Global Markets Inc. | $12.1M | 24.93% |
| Virtu Americas LLC | $11.9M | 24.37% |
| Citadel Securities LLC | $5.5M | 11.27% |
| BofA Securities, Inc. | $5.3M | 10.94% |
| Goldman Sachs & Co. LLC | $1.1M | 2.24% |
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.