CBFSX Fees and Costs — JPMorgan Corporate Bond Fund, Class I
Data updated: 2026-07-28
The net expense ratio is 0.50%: a 0.30% management fee plus 0.44% other expenses, less a 0.25% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $52K in broker commissions, 0.0137% of average net assets, and portfolio turnover was 78%.
CBFSX Fees and Expenses
Annual operating expenses and sales charges of CBFSX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.44% |
| Gross expense ratio | 0.75% |
| Fee waiver | −0.25% |
| Net expense ratio | 0.50% |
| 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 |
CBFSX Costs Over Time
On $10,000 invested in CBFSX, assuming 5% a year before costs, total costs come to $324 over 5 years, cutting the return by 0.54% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $1 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $54 | $177 | $324 |
| Value after costs | $10,446 | $11,399 | $12,438 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
CBFSX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0137%
- Total broker commissions: $52K
- Bought from dealers (principal trades, not a cost): $599.3M
- Portfolio turnover (prospectus): 78%
- Securities lending: none during the year
CBFSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $11K | 22.03% |
| Barclays Capital, Inc. | $9K | 17.59% |
| Citigroup Global Markets Inc. | $9K | 17.44% |
| Marex Capital Markets, Inc. | $6K | 12.19% |
| UBS Securities LLC | $5K | 8.80% |
| BNP Paribas Securities Corp. | $3K | 6.81% |
| BofA Securities, Inc. | $3K | 5.64% |
| Morgan Stanley & Co. LLC | $2K | 4.51% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $2K | 4.39% |
| Deutsche Bank Securities Inc. | $310 | 0.60% |
CBFSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $98.4M | 20.55% |
| Goldman Sachs & Co. LLC | $66.7M | 13.95% |
| Barclays Capital, Inc. | $65.3M | 13.64% |
| BofA Securities, Inc. | $54.5M | 11.40% |
| Wells Fargo Securities, LLC | $47.2M | 9.86% |
| Citigroup Global Markets Inc. | $41.6M | 8.70% |
| BNP Paribas Securities Corp. | $35.7M | 7.45% |
| Citadel Securities LLC | $23.5M | 4.91% |
| RBC Capital Markets, LLC | $23.2M | 4.85% |
| Deutsche Bank Securities Inc. | $22.5M | 4.70% |
JPMorgan Corporate Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| CBFVX | Class R6 | 0.40% | — |
| CBFSX | Class I | 0.50% | none |
| CBRAX | Class A | 0.75% | 3.75% |
| CBRCX | Class C | 1.25% | none |
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.