NYF Fees and Costs — iShares New York Muni Bond ETF
Data updated: 2026-07-24
The net expense ratio is 0.09%. There are no sales loads or redemption fees. Portfolio turnover was 9%.
NYF Fees and Expenses
Annual operating expenses and sales charges of NYF. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.09% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.09% |
| Fee waiver | — |
| Net expense ratio | 0.09% |
| 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 |
NYF Costs Over Time
On $10,000 invested in NYF, assuming 5% a year before costs, total costs come to $57 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 0.09%) | $9 | $30 | $52 |
| Lost growth on money paid in costs | $0 | $1 | $5 |
| Total costs | $9 | $31 | $57 |
| Value after costs | $10,491 | $11,545 | $12,705 |
| Impact on return, per year | 0.09% | 0.09% | 0.09% |
NYF Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.1B
- Portfolio turnover (prospectus): 9%
- Securities lending: none during the year
NYF Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Liquidity Funds T-Fund | $233.8M | 23.30% |
| J.P. Morgan Securities LLC | $157.0M | 15.64% |
| Barclays Capital, Inc. | $140.9M | 14.04% |
| BofA Securities, Inc. | $113.7M | 11.33% |
| Jefferies LLC | $102.0M | 10.17% |
| Pershing LLC | $66.3M | 6.61% |
| Morgan Stanley & Co. LLC | $60.8M | 6.06% |
| RBC Capital Markets, LLC | $60.1M | 5.99% |
| National Financial Services LLC | $43.9M | 4.38% |
| Goldman Sachs & Co. LLC | $24.8M | 2.48% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.