C000172869 Fees and Costs — JPMorgan Value Plus Fund, Class I
Data updated: 2019-11-25
The net expense ratio is 1.33%: a 0.75% management fee plus 1.62% other expenses, less a 1.04% fee waiver. There are no sales loads or redemption fees. In fiscal 2019 the fund paid $24K in broker commissions, 0.1776% of average net assets, and portfolio turnover was 133%.
C000172869 Fees and Expenses
Annual operating expenses and sales charges of C000172869. Prospectus, as of October 31, 2018.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 1.62% |
| Gross expense ratio | 2.37% |
| Fee waiver | −1.04% |
| Net expense ratio | 1.33% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000172869 Costs Over Time
On $10,000 invested in C000172869, assuming 5% a year before costs, total costs come to $933 over 5 years, cutting the return by 1.58% 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 1.33%) | $140 | $433 | $748 |
| Trading costs (broker commissions) | $19 | $58 | $100 |
| Lost growth on money paid in costs | $0 | $24 | $86 |
| Total costs | $158 | $516 | $933 |
| Value after costs | $10,342 | $11,061 | $11,829 |
| Impact on return, per year | 1.58% | 1.58% | 1.58% |
C000172869 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2019.
- Explicit cost rate (commissions ÷ average net assets): 0.1776%
- Total broker commissions: $24K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 133%
- Securities lending: none during the year
C000172869 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co., Inc. | $5K | 23.24% |
| BofA Securities, Inc. | $3K | 14.23% |
| Credit Suisse Securities (USA) LLC | $3K | 14.12% |
| UBS Securities LLC | $2K | 10.90% |
| Barclays Capital, Inc. | $2K | 10.58% |
| Citigroup Global Markets Inc. | $2K | 8.42% |
| Deutsche Bank Securities, Inc. | $1K | 6.67% |
| Goldman Sachs & Co. LLC | $1K | 5.90% |
| BNY Mellon Capital Markets, LLC | $780 | 3.61% |
| RBC Capital Markets LLC | $503 | 2.33% |
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.