JABUX Fees and Costs — Opportunistic Fixed Income Fund, Class R6
Data updated: 2026-07-27
The net expense ratio is 0.81%: a 0.65% management fee plus 0.34% other expenses, less a 0.19% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $8K in broker commissions, 0.0063% of average net assets, and portfolio turnover was 90%.
JABUX Fees and Expenses
Annual operating expenses and sales charges of JABUX. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.34% |
| Gross expense ratio | 1.00% |
| Fee waiver | −0.19% |
| Net expense ratio | 0.81% |
| 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 |
JABUX Costs Over Time
On $10,000 invested in JABUX, assuming 5% a year before costs, total costs come to $512 over 5 years, cutting the return by 0.86% 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 0.81%) | $85 | $266 | $462 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $86 | $281 | $512 |
| Value after costs | $10,414 | $11,295 | $12,250 |
| Impact on return, per year | 0.86% | 0.86% | 0.86% |
JABUX 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): 0.0063%
- Total broker commissions: $8K
- Bought from dealers (principal trades, not a cost): $3.5B
- Portfolio turnover (prospectus): 90%
- Securities on loan, average value: $1.7M
- Net income from securities lending: $9K (0.007% of average net assets)
JABUX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $8K | 99.00% |
| Citigroup Global Markets Holdings Inc. | $36 | 0.45% |
| Jefferies LLC | $19 | 0.24% |
| Goldman Sachs & Co. LLC | $9 | 0.12% |
| Royal Bank of Canada | $8 | 0.09% |
| Virtu Americas LLC | $7 | 0.09% |
JABUX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.3B | 38.25% |
| Morgan Stanley & Co. LLC | $696.8M | 20.77% |
| Goldman Sachs & Co. LLC | $434.3M | 12.94% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $299.5M | 8.93% |
| State Street Global Markets, LLC | $257.8M | 7.68% |
| Barclays Bank PLC | $203.1M | 6.05% |
| Citigroup Global Markets Holdings Inc. | $130.4M | 3.88% |
| BNP Paribas | $22.6M | 0.67% |
| Citadel Securities LLC | $15.1M | 0.45% |
| Deutsche Bank AG | $12.6M | 0.37% |
Opportunistic Fixed 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 |
|---|---|---|---|
| JABUX | Class R6 | 0.81% | none |
| JHGDX | Class NAV | 0.81% | — |
| JIGDX | Class 1 | 0.86% | — |
| JABTX | Class I | 0.92% | none |
| JABWX | Class A | 1.17% | 4.00% |
| JABOX | Class C | 1.92% | 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.