BBCB Fees and Costs — JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF
Data updated: 2026-07-28
The net expense ratio is 0.04%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $5 in broker commissions, and portfolio turnover was 27%.
BBCB Fees and Expenses
Annual operating expenses and sales charges of BBCB. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.04% |
| 12b-1 fee | — |
| Other expenses | — |
| 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 |
BBCB Costs Over Time
On $10,000 invested in BBCB, 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% |
BBCB 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: $5
- Bought from dealers (principal trades, not a cost): $21.6M
- Portfolio turnover (prospectus): 27%
- Securities lending: none during the year
BBCB Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital, Inc. | $3 | 54.65% |
| Citigroup Global Markets Inc. | $2 | 45.35% |
BBCB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jane Street Execution Services, LLC | $4.1M | 23.18% |
| MarketAxess Corporation | $2.8M | 15.51% |
| BofA Securities, Inc. | $2.0M | 10.98% |
| Morgan Stanley & Co. LLC | $1.8M | 10.32% |
| Goldman Sachs & Co. LLC | $1.8M | 10.20% |
| Barclays Capital, Inc. | $1.4M | 8.05% |
| Wells Fargo Securities, LLC | $1.4M | 7.84% |
| Citigroup Global Markets Inc. | $1.1M | 6.21% |
| Millennium Advisors, LLC | $742K | 4.16% |
| Tradeweb Direct LLC | $633K | 3.55% |
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.