C000106862 Fees and Costs — JNL/Western Asset Global Multi-Sector Bond Fund, Class I
Data updated: 2025-05-29
The net expense ratio is 0.66%: a 0.50% management fee plus 0.16% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $16K in broker commissions, 0.0043% of average net assets, and portfolio turnover was 21%.
C000106862 Fees and Expenses
Annual operating expenses and sales charges of C000106862. Prospectus, as of April 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.66% |
| Fee waiver | — |
| Net expense ratio | 0.66% |
| 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 |
C000106862 Costs Over Time
On $10,000 invested in C000106862, assuming 5% a year before costs, total costs come to $418 over 5 years, cutting the return by 0.70% 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 0.66%) | $69 | $217 | $378 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $70 | $229 | $418 |
| Value after costs | $10,430 | $11,347 | $12,344 |
| Impact on return, per year | 0.70% | 0.70% | 0.70% |
C000106862 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0043%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): $590.7M
- Portfolio turnover (prospectus): 21%
- Securities on loan, average value: $2.9M
- Net income from securities lending: $33K (0.009% of average net assets)
C000106862 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co, Inc | $3K | 21.69% |
| Goldman Sachs & Co. LLC | $2K | 17.60% |
| RBC Capital Markets, LLC | $2K | 14.85% |
| Jefferies Group | $1K | 8.43% |
| J.P. Morgan Securities LLC | $1K | 8.35% |
| Wells Fargo Securities, LLC | $1K | 7.87% |
| UBS Securities LLC | $901 | 6.45% |
| CitiGroup Global Markets, Inc. | $775 | 5.55% |
| Banc of America Securities | $699 | 5.01% |
| BNP Paribas Securities | $586 | 4.20% |
C000106862 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $251.4M | 48.84% |
| Goldman Sachs & Co. LLC | $75.2M | 14.61% |
| J.P. Morgan Securities LLC | $49.5M | 9.62% |
| Morgan Stanley & Co, Inc | $37.4M | 7.27% |
| BNP Paribas Securities | $23.6M | 4.59% |
| CitiGroup Global Markets, Inc. | $18.8M | 3.65% |
| Banc of America Securities | $18.1M | 3.52% |
| Deutsche Bank Securities, Inc | $17.2M | 3.34% |
| BMO Capital Markets Corp. | $12.0M | 2.32% |
| Performance Trust Capital Partners, LLC | $11.6M | 2.25% |
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.