JAGBX Fees and Costs — Select Bond Trust, Class NAV
Data updated: 2026-08-27
The net expense ratio is 0.60%: a 0.57% management fee plus 0.04% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 107%.
JAGBX Fees and Expenses
Annual operating expenses and sales charges of JAGBX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.57% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.61% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.60% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
JAGBX Costs Over Time
On $10,000 invested in JAGBX, assuming 5% a year before costs, total costs come to $378 over 5 years, cutting the return by 0.63% 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 0.60%) | $63 | $197 | $344 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $207 | $378 |
| Value after costs | $10,437 | $11,369 | $12,384 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
JAGBX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $14.4B
- Portfolio turnover (prospectus): 107%
- Securities on loan, average value: $11.8M
- Net income from securities lending: $39K (0.001% of average net assets)
JAGBX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $2.5B | 18.99% |
| Citadel Securities LLC | $1.7B | 13.07% |
| Bank of Montreal | $1.6B | 12.00% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $1.5B | 11.91% |
| Barclays Bank PLC | $1.1B | 8.50% |
| Deutsche Bank AG | $1.1B | 8.38% |
| Goldman Sachs & Co. LLC | $1.0B | 8.11% |
| BNP Paribas | $924.0M | 7.14% |
| Morgan Stanley & Co. LLC | $821.0M | 6.35% |
| Citigroup Global Markets Holdings Inc. | $718.8M | 5.56% |
Select Bond Trust Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JAGBX | Class NAV | 0.60% | — |
| JAFZX | Series I | 0.65% | — |
| JHBDX | Series II | 0.85% | — |
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.