SHYG Fees and Costs — iShares 0-5 Year High Yield Corporate Bond ETF
Data updated: 2026-09-25
The net expense ratio is 0.30%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $4K in broker commissions, 0.0001% of average net assets, and portfolio turnover was 29%.
SHYG Fees and Expenses
Annual operating expenses and sales charges of SHYG. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.30% |
| Fee waiver | — |
| Net expense ratio | 0.30% |
| 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 |
SHYG Costs Over Time
On $10,000 invested in SHYG, assuming 5% a year before costs, total costs come to $190 over 5 years, cutting the return by 0.32% 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 0.30%) | $32 | $99 | $173 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $5 | $17 |
| Total costs | $32 | $104 | $190 |
| Value after costs | $10,468 | $11,472 | $12,572 |
| Impact on return, per year | 0.32% | 0.32% | 0.32% |
SHYG Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0001%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $8.6B
- Portfolio turnover (prospectus): 29%
- Securities on loan, average value: $1.0B
- Net income from securities lending: $6.0M (0.091% of average net assets)
SHYG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| TD Securities (USA) LLC | $4K | 100.00% |
SHYG Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $2.7B | 33.48% |
| J.P. Morgan Securities LLC | $2.5B | 30.97% |
| Goldman Sachs & Co. LLC | $644.6M | 7.95% |
| Jefferies LLC | $643.2M | 7.94% |
| BofA Securities, Inc. | $610.4M | 7.53% |
| Morgan Stanley & Co. LLC | $400.5M | 4.94% |
| Barclays Capital Inc. | $240.7M | 2.97% |
| Citigroup Global Markets Inc. | $217.6M | 2.69% |
| Wells Fargo Securities, LLC | $72.6M | 0.90% |
| Jane Street Execution Services, LLC | $51.5M | 0.64% |
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.