C000030726 Fees and Costs — JPMorgan Small Cap Value Portfolio, Class B
Data updated: 2026-08-27
The net expense ratio is 1.04%: a 0.78% management fee, a 0.25% 12b-1 fee plus 0.11% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $329K in broker commissions, 0.1037% of average net assets, and portfolio turnover was 82%.
C000030726 Fees and Expenses
Annual operating expenses and sales charges of C000030726. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.78% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.11% |
| Gross expense ratio | 1.14% |
| Fee waiver | −0.10% |
| Net expense ratio | 1.04% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000030726 Costs Over Time
On $10,000 invested in C000030726, assuming 5% a year before costs, total costs come to $713 over 5 years, cutting the return by 1.20% 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 1.04%) | $109 | $340 | $589 |
| Trading costs (broker commissions) | $11 | $34 | $59 |
| Lost growth on money paid in costs | $0 | $19 | $66 |
| Total costs | $120 | $393 | $713 |
| Value after costs | $10,380 | $11,184 | $12,049 |
| Impact on return, per year | 1.20% | 1.20% | 1.20% |
C000030726 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1037%
- Total broker commissions: $329K
- Bought from dealers (principal trades, not a cost): $2.2M
- Portfolio turnover (prospectus): 82%
- Securities on loan, average value: $16.7M
- Net income from securities lending: $109K (0.034% of average net assets)
C000030726 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $42K | 17.16% |
| Goldman Sachs & Co. LLC | $40K | 16.13% |
| Jefferies LLC | $35K | 14.24% |
| Piper Sandler & Co. | $33K | 13.54% |
| Citigroup Global Markets Inc. | $27K | 11.17% |
| Virtu Americas LLC | $22K | 8.81% |
| BofA Securities, Inc. | $14K | 5.86% |
| UBS Securities LLC | $11K | 4.61% |
| Raymond James & Associates, Inc. | $11K | 4.51% |
| Fidelity Brokerage Services LLC | $10K | 3.98% |
C000030726 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $1.3M | 80.51% |
| Citigroup Global Markets Inc. | $131K | 8.04% |
| Raymond James & Associates, Inc. | $63K | 3.90% |
| Fidelity Brokerage Services LLC | $50K | 3.08% |
| Morgan Stanley & Co. LLC | $47K | 2.90% |
| Virtu Americas LLC | $21K | 1.29% |
| UBS Securities LLC | $5K | 0.28% |
JPMorgan Small Cap Value Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000030725 | Class A | 0.79% | — |
| C000030726 | Class B | 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.