C000108994 Fees and Costs — JNL/PIMCO Investment Grade Credit Bond Fund, Class A
Data updated: 2020-05-28
The net expense ratio is 0.91%: a 0.35% management fee, a 0.30% 12b-1 fee plus 0.26% other expenses. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $8K in broker commissions, 0.0015% of average net assets, and portfolio turnover was 125%.
C000108994 Fees and Expenses
Annual operating expenses and sales charges of C000108994. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.26% |
| Gross expense ratio | 0.91% |
| Fee waiver | — |
| Net expense ratio | 0.91% |
| 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 |
C000108994 Costs Over Time
On $10,000 invested in C000108994, assuming 5% a year before costs, total costs come to $571 over 5 years, cutting the return by 0.96% 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 0.91%) | $96 | $298 | $518 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $96 | $314 | $571 |
| Value after costs | $10,404 | $11,263 | $12,192 |
| Impact on return, per year | 0.96% | 0.96% | 0.96% |
C000108994 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.0015%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): $8.6B
- Portfolio turnover (prospectus): 125%
- Securities on loan, average value: $5.7M
- Net income from securities lending: $47K (0.008% of average net assets)
C000108994 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co, Inc | $6K | 66.60% |
| Credit Suisse | $1K | 15.44% |
| CitiGroup Global Markets, Inc. | $814 | 9.69% |
| UBS Limited | $421 | 5.02% |
| Newedge | $67 | 0.79% |
| Royal Bank of Canada | $61 | 0.73% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $55 | 0.65% |
| Banc of America Securities | $35 | 0.41% |
| Wells Fargo Securities, LLC | $35 | 0.41% |
| Deutsche Bank Securities, Inc | $21 | 0.25% |
C000108994 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Barclays PLC | $1.8B | 23.15% |
| Credit Suisse | $1.7B | 21.57% |
| BNP Paribas Securities | $1.5B | 19.71% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $686.6M | 8.85% |
| CitiGroup Global Markets, Inc. | $593.8M | 7.65% |
| Deutsche Bank Securities, Inc | $471.6M | 6.08% |
| Wells Fargo Securities, LLC | $375.7M | 4.84% |
| MELLON FINANCIAL MARKETS | $229.8M | 2.96% |
| J.P. MORGAN SECURITIES, INC. | $209.4M | 2.70% |
| UBS Limited | $193.6M | 2.49% |
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.