BBAG Fees and Costs — JPMorgan BetaBuilders U.S. Aggregate Bond ETF
Data updated: 2026-07-28
The net expense ratio is 0.03%. There are no sales loads or redemption fees. Portfolio turnover was 76%.
BBAG Fees and Expenses
Annual operating expenses and sales charges of BBAG. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.03% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 0.03% |
| Fee waiver | — |
| Net expense ratio | 0.03% |
| 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 |
BBAG Costs Over Time
On $10,000 invested in BBAG, assuming 5% a year before costs, total costs come to $19 over 5 years, cutting the return by 0.03% 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 0.03%) | $3 | $10 | $17 |
| Lost growth on money paid in costs | $0 | $0 | $2 |
| Total costs | $3 | $10 | $19 |
| Value after costs | $10,497 | $11,566 | $12,744 |
| Impact on return, per year | 0.03% | 0.03% | 0.03% |
BBAG 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): $2.4B
- Portfolio turnover (prospectus): 76%
- Securities on loan, average value: $1.0M
- Net income from securities lending: $7K (0.001% of average net assets)
BBAG Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $545.0M | 24.55% |
| Wells Fargo Securities, LLC | $474.9M | 21.39% |
| Citigroup Global Markets Inc. | $296.4M | 13.35% |
| Barclays Capital, Inc. | $275.6M | 12.42% |
| Morgan Stanley & Co. LLC | $268.4M | 12.09% |
| BofA Securities, Inc. | $244.6M | 11.02% |
| BNP Paribas Securities Corp. | $41.9M | 1.89% |
| TD SECURITIES (USA) LLC | $25.7M | 1.16% |
| Citadel Securities LLC | $24.4M | 1.10% |
| Mizuho Securities USA LLC | $23.1M | 1.04% |
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.