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Rating:BlackRock Caps Fees on Two Funds Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, January 29, 2013

BlackRock Caps Fees on Two Funds

Reported by Tommy Fernandez

BlackRock [profile] has capped the total annual operating expenses for the BlackRock Short Obligations Fund and the BlackRock Ultra-Short Obligations Fund to 10 basis points.

According to an SEC filing the voluntary cap will remain in effect until Dec. 1, 2014.  

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