C000067978 Fees and Costs — JNL/PPM America High Yield Bond Fund, Class I
Data updated: 2026-08-26
The net expense ratio is 0.46%: a 0.34% management fee plus 0.11% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $29 in broker commissions, and portfolio turnover was 70%.
C000067978 Fees and Expenses
Annual operating expenses and sales charges of C000067978. Prospectus, as of April 23, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.34% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.11% |
| Gross expense ratio | 0.46% |
| Fee waiver | — |
| Net expense ratio | 0.46% |
| 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 |
C000067978 Costs Over Time
On $10,000 invested in C000067978, assuming 5% a year before costs, total costs come to $291 over 5 years, cutting the return by 0.48% 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 0.46%) | $48 | $152 | $264 |
| Lost growth on money paid in costs | $0 | $7 | $27 |
| Total costs | $48 | $159 | $291 |
| Value after costs | $10,452 | $11,417 | $12,472 |
| Impact on return, per year | 0.48% | 0.48% | 0.48% |
C000067978 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): —
- Total broker commissions: $29
- Bought from dealers (principal trades, not a cost): $2.9B
- Portfolio turnover (prospectus): 70%
- Securities on loan, average value: $72.4M
- Net income from securities lending: $772K (0.055% of average net assets)
C000067978 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CitiGroup Global Markets, Inc. | $29 | 100.00% |
C000067978 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $1.1B | 41.72% |
| Goldman Sachs & Co. LLC | $293.5M | 11.35% |
| J.P. Morgan Securities LLC | $230.1M | 8.90% |
| Banc of America Securities | $195.6M | 7.57% |
| Barclays PLC | $172.4M | 6.67% |
| CitiGroup Global Markets, Inc. | $160.1M | 6.19% |
| Morgan Stanley & Co, Inc | $148.7M | 5.75% |
| RBC Capital Markets, LLC | $104.3M | 4.03% |
| Jefferies Group | $101.1M | 3.91% |
| Wells Fargo Securities, LLC | $100.8M | 3.90% |
JNL/PPM America High Yield Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000067978 | Class I | 0.46% | — |
| C000004647 | Class A | 0.76% | — |
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.