HLGFX Fees and Costs — JPMorgan Limited Duration Bond Fund, Class I
Data updated: 2023-07-27
The net expense ratio is 0.45% (0.58% before fee waivers). There are no sales loads or redemption fees. Portfolio turnover was 26%.
HLGFX Fees and Expenses
Annual operating expenses and sales charges of HLGFX. Prospectus, as of June 30, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.36% |
| Gross expense ratio | 0.58% |
| Fee waiver | −0.13% |
| Net expense ratio | 0.45% |
| 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 |
HLGFX Costs Over Time
On $10,000 invested in HLGFX, assuming 5% a year before costs, total costs come to $285 over 5 years, cutting the return by 0.47% 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 0.45%) | $47 | $148 | $259 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $47 | $156 | $285 |
| Value after costs | $10,453 | $11,421 | $12,478 |
| Impact on return, per year | 0.47% | 0.47% | 0.47% |
HLGFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2023.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $299.5M
- Portfolio turnover (prospectus): 26%
- Securities lending: none during the year
HLGFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Credit Suisse Securities (USA) LLC | $38.5M | 16.00% |
| Wells Fargo Securities, LLC | $35.3M | 14.69% |
| Morgan Stanley & Co. LLC | $33.9M | 14.11% |
| Deutsche Bank Securities Inc. | $30.8M | 12.82% |
| Citigroup Global Markets Inc. | $26.2M | 10.90% |
| BofA Securities, Inc. | $20.7M | 8.61% |
| RBC Capital Markets, LLC | $18.4M | 7.67% |
| MUFG Securities Americas Inc. | $12.8M | 5.34% |
| BMO Capital Markets Corp. | $12.7M | 5.28% |
| Barclays Capital, Inc. | $11.0M | 4.59% |
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.