JAGYX Fees and Costs — Mid Value Trust, Series II
Data updated: 2026-08-27
The net expense ratio is 1.23% (1.24% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $283K in broker commissions, 0.0479% of average net assets, and portfolio turnover was 56%.
JAGYX Fees and Expenses
Annual operating expenses and sales charges of JAGYX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.86% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.07% |
| Gross expense ratio | 1.24% |
| Fee waiver | −0.01% |
| Net expense ratio | 1.23% |
| 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 |
JAGYX Costs Over Time
On $10,000 invested in JAGYX, assuming 5% a year before costs, total costs come to $795 over 5 years, cutting the return by 1.34% 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 1.23%) | $129 | $402 | $695 |
| Trading costs (broker commissions) | $5 | $16 | $27 |
| Lost growth on money paid in costs | $0 | $21 | $73 |
| Total costs | $134 | $438 | $795 |
| Value after costs | $10,366 | $11,138 | $11,968 |
| Impact on return, per year | 1.34% | 1.34% | 1.34% |
JAGYX 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): 0.0479%
- Total broker commissions: $283K
- Bought from dealers (principal trades, not a cost): $841.4M
- Portfolio turnover (prospectus): 56%
- Securities on loan, average value: $12.0M
- Net income from securities lending: $117K (0.020% of average net assets)
JAGYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $32K | 16.00% |
| Morgan Stanley & Co. LLC | $27K | 13.49% |
| Jefferies LLC | $27K | 13.44% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $23K | 11.58% |
| Goldman Sachs & Co. LLC | $20K | 9.98% |
| Royal Bank of Canada | $17K | 8.77% |
| Citigroup Global Markets Holdings Inc. | $16K | 8.22% |
| Virtu Americas LLC | $13K | 6.41% |
| Bank of Montreal | $12K | 6.23% |
| Wells Fargo Securities, LLC | $12K | 5.89% |
JAGYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| T. Rowe Price Investment Services, Inc. | $505.3M | 60.05% |
| State Street Global Markets, LLC | $329.9M | 39.21% |
| J.P. Morgan Securities LLC | $4.9M | 0.59% |
| Morgan Stanley & Co. LLC | $673K | 0.08% |
| Barclays Bank PLC | $645K | 0.08% |
Mid Value Trust Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JAGWX | Class NAV | 0.98% | — |
| JEMUX | Series I | 1.03% | — |
| JAGYX | Series II | 1.23% | — |
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.