WPS Fees and Costs — iShares International Developed Property ETF
Data updated: 2024-08-26
The net expense ratio is 0.48%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $2K in broker commissions, 0.0044% of average net assets, and portfolio turnover was 6%.
WPS Fees and Expenses
Annual operating expenses and sales charges of WPS. Prospectus, as of July 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.48% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.48% |
| Fee waiver | — |
| Net expense ratio | 0.48% |
| 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 |
WPS Costs Over Time
On $10,000 invested in WPS, assuming 5% a year before costs, total costs come to $306 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 0.48%) | $50 | $158 | $276 |
| Trading costs (broker commissions) | $0 | $1 | $3 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $51 | $167 | $306 |
| Value after costs | $10,449 | $11,409 | $12,457 |
| Impact on return, per year | 0.51% | 0.51% | 0.51% |
WPS Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0044%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $10.8M
- Portfolio turnover (prospectus): 6%
- Securities on loan, average value: $595K
- Net income from securities lending: $11K (0.028% of average net assets)
WPS Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| SG Americas Securities, LLC | $798 | 54.64% |
| J.P. Morgan Securities LLC | $134 | 9.20% |
| Scotia Capital (USA) Inc. | $89 | 6.12% |
| UBS Securities LLC | $77 | 5.24% |
| Citigroup Global Markets Inc. | $76 | 5.17% |
| Morgan Stanley & Co. LLC | $70 | 4.81% |
| Goldman Sachs & Co. LLC | $64 | 4.37% |
| CLSA Americas, LLC | $59 | 4.07% |
| Nomura Securities International, Inc. | $56 | 3.83% |
| Barclays Capital Inc. | $37 | 2.54% |
WPS Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $7.4M | 69.25% |
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $3.3M | 30.75% |
| BNP Paribas Securities Corp. | $21 | 0.00% |
| Nomura Securities International, Inc. | $15 | 0.00% |
| UBS Securities LLC | $14 | 0.00% |
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.