C000054134 Fees and Costs — JNL/Goldman Sachs Total Yield Fund, Class A
Data updated: 2021-05-27
The net expense ratio is 0.67%: a 0.26% management fee, a 0.30% 12b-1 fee plus 0.11% other expenses. There are no sales loads or redemption fees. In fiscal 2020 the fund paid $286K in broker commissions, 0.0173% of average net assets, and portfolio turnover was 83%.
C000054134 Fees and Expenses
Annual operating expenses and sales charges of C000054134. Prospectus, as of April 30, 2020.
| Annual operating expenses | |
|---|---|
| Management fee | 0.26% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.11% |
| Gross expense ratio | 0.67% |
| Fee waiver | — |
| Net expense ratio | 0.67% |
| 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 |
C000054134 Costs Over Time
On $10,000 invested in C000054134, assuming 5% a year before costs, total costs come to $433 over 5 years, cutting the return by 0.72% 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 0.67%) | $70 | $220 | $383 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $72 | $237 | $433 |
| Value after costs | $10,428 | $11,339 | $12,330 |
| Impact on return, per year | 0.72% | 0.72% | 0.72% |
C000054134 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): 0.0173%
- Total broker commissions: $286K
- Bought from dealers (principal trades, not a cost): $764.2M
- Portfolio turnover (prospectus): 83%
- Securities on loan, average value: $45.6M
- Net income from securities lending: $679K (0.041% of average net assets)
C000054134 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $93K | 33.20% |
| Morgan Stanley & Co, Inc | $50K | 17.97% |
| CitiGroup Global Markets, Inc. | $45K | 16.30% |
| J.P. MORGAN | $32K | 11.41% |
| HSBC Securities (USA) Inc. | $29K | 10.34% |
| KCG Holdings | $12K | 4.43% |
| Goldman Sachs & Co. LLC | $7K | 2.65% |
| SG Americas Securities, LLC | $5K | 1.95% |
| UBS Limited | $3K | 1.01% |
| BTIG, LLC | $2K | 0.75% |
C000054134 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $583.7M | 76.38% |
| J.P. MORGAN | $148.9M | 19.49% |
| Goldman Sachs & Co. LLC | $31.6M | 4.13% |
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.