C000192064 Fees and Costs — JNL/WMC Equity Income Fund, Class A
Data updated: 2026-08-26
The net expense ratio is 0.89%: a 0.44% management fee, a 0.30% 12b-1 fee plus 0.15% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $374K in broker commissions, 0.0394% of average net assets, and portfolio turnover was 67%.
C000192064 Fees and Expenses
Annual operating expenses and sales charges of C000192064. Prospectus, as of April 23, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.44% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.15% |
| Gross expense ratio | 0.89% |
| Fee waiver | — |
| Net expense ratio | 0.89% |
| 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 |
C000192064 Costs Over Time
On $10,000 invested in C000192064, assuming 5% a year before costs, total costs come to $582 over 5 years, cutting the return by 0.98% 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 0.89%) | $93 | $292 | $506 |
| Trading costs (broker commissions) | $4 | $13 | $22 |
| Lost growth on money paid in costs | $0 | $15 | $53 |
| Total costs | $98 | $320 | $582 |
| Value after costs | $10,402 | $11,256 | $12,181 |
| Impact on return, per year | 0.98% | 0.98% | 0.98% |
C000192064 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0394%
- Total broker commissions: $374K
- Bought from dealers (principal trades, not a cost): $628.3M
- Portfolio turnover (prospectus): 67%
- Securities on loan, average value: $1.7M
- Net income from securities lending: $19K (0.002% of average net assets)
C000192064 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co, Inc | $54K | 18.22% |
| J.P. Morgan Securities LLC | $46K | 15.36% |
| Banc of America Securities | $41K | 13.66% |
| Goldman Sachs & Co. LLC | $39K | 13.24% |
| Barclays PLC | $27K | 9.08% |
| CitiGroup Global Markets, Inc. | $24K | 7.97% |
| RBC Capital Markets, LLC | $22K | 7.38% |
| UBS Securities LLC | $21K | 6.99% |
| Jefferies Group | $14K | 4.85% |
| Wells Fargo Investments LLC | $10K | 3.25% |
C000192064 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jackson National Asset Management, LLC | $609.3M | 96.97% |
| Barclays PLC | $5.3M | 0.84% |
| Morgan Stanley & Co, Inc | $5.2M | 0.83% |
| J.P. Morgan Securities LLC | $5.2M | 0.83% |
| CitiGroup Global Markets, Inc. | $3.4M | 0.54% |
JNL/WMC Equity Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000192065 | Class I | 0.59% | — |
| C000192064 | Class A | 0.89% | — |
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.