JAAKX Fees and Costs — 2065 Lifetime Blend Portfolio, Class R6
Data updated: 2026-07-27
The net expense ratio is 0.32% (0.88% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $4K in broker commissions, 0.0043% of average net assets, and portfolio turnover was 41%.
JAAKX Fees and Expenses
Annual operating expenses and sales charges of JAAKX. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.27% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.30% |
| Gross expense ratio | 0.88% |
| Fee waiver | −0.56% |
| Net expense ratio | 0.32% |
| 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 |
JAAKX Costs Over Time
On $10,000 invested in JAAKX, assuming 5% a year before costs, total costs come to $206 over 5 years, cutting the return by 0.34% 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 0.32%) | $34 | $106 | $184 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $5 | $19 |
| Total costs | $34 | $112 | $206 |
| Value after costs | $10,466 | $11,464 | $12,557 |
| Impact on return, per year | 0.34% | 0.34% | 0.34% |
JAAKX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0043%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $17.9M
- Portfolio turnover (prospectus): 41%
- Securities on loan, average value: $173K
- Net income from securities lending: $55 (0.000% of average net assets)
JAAKX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $3K | 69.42% |
| Piper Sandler & Co. | $1K | 27.79% |
| Goldman Sachs & Co. LLC | $64 | 1.50% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $39 | 0.93% |
| Jane Street Execution Services, LLC | $14 | 0.32% |
| Pershing LLC | $1 | 0.03% |
JAAKX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $16.9M | 94.35% |
| Citadel Securities LLC | $311K | 1.74% |
| Barclays Bank PLC | $298K | 1.66% |
| Citigroup Global Markets Holdings Inc. | $171K | 0.96% |
| BNP Paribas | $78K | 0.43% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $56K | 0.31% |
| Bank of Montreal | $46K | 0.25% |
| Morgan Stanley & Co. LLC | $31K | 0.17% |
| Deutsche Bank AG | $21K | 0.12% |
2065 Lifetime Blend Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JAAKX | Class R6 | 0.32% | none |
| JAAFX | Class 1 | 0.36% | — |
| JAAJX | Class R4 | 0.57% | none |
| JHBLX | Class A | 0.73% | 5.00% |
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.