C000148507 Fees and Costs — JPMorgan Insurance Trust Income Builder Portfolio, Class 1
Data updated: 2023-05-26
The net expense ratio is 0.64% (0.93% before fee waivers). There are no sales loads or redemption fees. In fiscal 2022 the fund paid $21K in broker commissions, 0.0212% of average net assets, and portfolio turnover was 67%.
C000148507 Fees and Expenses
Annual operating expenses and sales charges of C000148507. Prospectus, as of April 30, 2022.
| Annual operating expenses | |
|---|---|
| Management fee | 0.42% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.47% |
| Gross expense ratio | 0.93% |
| Fee waiver | −0.29% |
| Net expense ratio | 0.64% |
| 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 |
C000148507 Costs Over Time
On $10,000 invested in C000148507, assuming 5% a year before costs, total costs come to $416 over 5 years, cutting the return by 0.69% 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 0.64%) | $67 | $210 | $366 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $11 | $38 |
| Total costs | $69 | $228 | $416 |
| Value after costs | $10,431 | $11,348 | $12,346 |
| Impact on return, per year | 0.69% | 0.69% | 0.69% |
C000148507 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2022.
- Explicit cost rate (commissions ÷ average net assets): 0.0212%
- Total broker commissions: $21K
- Bought from dealers (principal trades, not a cost): $41.4M
- Portfolio turnover (prospectus): 67%
- Securities on loan, average value: $1.1M
- Net income from securities lending: $14K (0.014% of average net assets)
C000148507 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $4K | 21.75% |
| UBS Securities LLC | $3K | 20.00% |
| Citigroup Global Markets Inc. | $3K | 16.03% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $3K | 15.21% |
| Morgan Stanley & Co. LLC | $1K | 8.08% |
| Barclays Capital, Inc. | $962 | 5.76% |
| Jefferies LLC | $626 | 3.75% |
| BofA Securities, Inc. | $583 | 3.49% |
| Credit Suisse Securities (USA) LLC | $506 | 3.03% |
| BNP Paribas Securities Corp. | $486 | 2.91% |
C000148507 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNP Paribas Securities Corp. | $6.7M | 18.77% |
| Barclays Capital, Inc. | $5.4M | 15.05% |
| Societe Generale | $5.0M | 13.98% |
| Citigroup Global Markets Inc. | $4.8M | 13.39% |
| Goldman Sachs & Co. LLC | $4.2M | 11.82% |
| RBC Capital Markets, LLC | $3.9M | 10.80% |
| BofA Securities, Inc. | $2.1M | 5.90% |
| Bank of Montreal | $1.9M | 5.25% |
| Credit Suisse Securities (USA) LLC | $1.8M | 5.04% |
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.