C000130224 Fees and Costs — JNL/DoubleLine Total Return Fund, Class A
Data updated: 2020-05-28
The net expense ratio is 0.84%: a 0.42% management fee, a 0.30% 12b-1 fee plus 0.11% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 18%.
C000130224 Fees and Expenses
Annual operating expenses and sales charges of C000130224. Prospectus, as of April 30, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.42% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.11% |
| Gross expense ratio | 0.84% |
| Fee waiver | — |
| Net expense ratio | 0.84% |
| 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 |
C000130224 Costs Over Time
On $10,000 invested in C000130224, assuming 5% a year before costs, total costs come to $527 over 5 years, cutting the return by 0.88% 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 0.84%) | $88 | $276 | $479 |
| Lost growth on money paid in costs | $0 | $14 | $48 |
| Total costs | $88 | $289 | $527 |
| Value after costs | $10,412 | $11,287 | $12,236 |
| Impact on return, per year | 0.88% | 0.88% | 0.88% |
C000130224 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $3.6B
- Portfolio turnover (prospectus): 18%
- Securities on loan, average value: $5.6M
- Net income from securities lending: $27K (0.001% of average net assets)
C000130224 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $2.1B | 62.62% |
| Goldman Sachs & Co. LLC | $336.3M | 10.16% |
| Barclays PLC | $250.6M | 7.57% |
| Credit Suisse | $166.9M | 5.04% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $132.9M | 4.01% |
| J.P. MORGAN SECURITIES, INC. | $126.6M | 3.82% |
| CitiGroup Global Markets, Inc. | $73.1M | 2.21% |
| J.P. MORGAN | $63.1M | 1.91% |
| Morgan Stanley & Co, Inc | $56.7M | 1.71% |
| Piper Jaffray Companies | $31.2M | 0.94% |
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.