USIG Fees and Costs — iShares Broad USD Investment Grade Corporate Bond ETF
Data updated: 2026-07-24
The net expense ratio is 0.04%. There are no sales loads or redemption fees. Portfolio turnover was 12%.
USIG Fees and Expenses
Annual operating expenses and sales charges of USIG. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.04% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.04% |
| Fee waiver | — |
| Net expense ratio | 0.04% |
| 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 |
USIG Costs Over Time
On $10,000 invested in USIG, assuming 5% a year before costs, total costs come to $26 over 5 years, cutting the return by 0.04% 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 0.04%) | $4 | $13 | $23 |
| Lost growth on money paid in costs | $0 | $1 | $2 |
| Total costs | $4 | $14 | $26 |
| Value after costs | $10,496 | $11,562 | $12,737 |
| Impact on return, per year | 0.04% | 0.04% | 0.04% |
USIG 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): $14.5B
- Portfolio turnover (prospectus): 12%
- Securities on loan, average value: $1.3B
- Net income from securities lending: $4.2M (0.029% of average net assets)
USIG Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corporation | $6.0B | 45.75% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $3.5B | 26.24% |
| Jane Street Capital, LLC | $1.0B | 7.61% |
| J.P. Morgan Securities LLC | $681.4M | 5.17% |
| Goldman Sachs & Co. LLC | $496.4M | 3.77% |
| Morgan Stanley & Co. LLC | $439.6M | 3.33% |
| BofA Securities, Inc. | $435.9M | 3.31% |
| Citigroup Global Markets Inc. | $253.4M | 1.92% |
| Barclays Capital Inc. | $193.1M | 1.46% |
| Wells Fargo Securities, LLC | $189.7M | 1.44% |
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.