C000054126 Fees and Costs — JNL/Goldman Sachs Dividend Income & Growth Fund, Class A
Data updated: 2021-05-27
The net expense ratio is 0.65%: a 0.25% management fee, a 0.30% 12b-1 fee plus 0.10% other expenses. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $436K in broker commissions, 0.0103% of average net assets, and portfolio turnover was 41%.
C000054126 Fees and Expenses
Annual operating expenses and sales charges of C000054126. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.10% |
| Gross expense ratio | 0.65% |
| Fee waiver | — |
| Net expense ratio | 0.65% |
| 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 |
C000054126 Costs Over Time
On $10,000 invested in C000054126, assuming 5% a year before costs, total costs come to $416 over 5 years, cutting the return by 0.69% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $69 | $228 | $416 |
| Value after costs | $10,431 | $11,348 | $12,347 |
| Impact on return, per year | 0.69% | 0.69% | 0.69% |
C000054126 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2020.
- Explicit cost rate (commissions ÷ average net assets): 0.0103%
- Total broker commissions: $436K
- Bought from dealers (principal trades, not a cost): $1.4B
- Portfolio turnover (prospectus): 41%
- Securities on loan, average value: $115.8M
- Net income from securities lending: $1.5M (0.034% of average net assets)
C000054126 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets, Inc. | $114K | 27.27% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $106K | 25.49% |
| Morgan Stanley & Co, Inc | $59K | 14.21% |
| J.P. MORGAN | $52K | 12.51% |
| SG Americas Securities, LLC | $26K | 6.27% |
| HSBC Securities (USA) Inc. | $17K | 4.12% |
| Goldman Sachs & Co. LLC | $16K | 3.94% |
| KCG Holdings | $13K | 3.01% |
| BTIG, LLC | $7K | 1.68% |
| Barclays PLC | $6K | 1.51% |
C000054126 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $1.2B | 85.59% |
| J.P. MORGAN | $132.4M | 9.71% |
| Goldman Sachs & Co. LLC | $64.2M | 4.71% |
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.