JAKFX Fees and Costs — JPMorgan SmartRetirement Blend 2070 Fund, Class R3
Data updated: 2026-09-11
The net expense ratio is 0.67% (1.07% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $119 in broker commissions, 0.0058% of average net assets.
JAKFX Fees and Expenses
Annual operating expenses and sales charges of JAKFX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.55% |
| Gross expense ratio | 1.07% |
| Fee waiver | −0.40% |
| Net expense ratio | 0.67% |
| 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 |
JAKFX Costs Over Time
On $10,000 invested in JAKFX, assuming 5% a year before costs, total costs come to $425 over 5 years, cutting the return by 0.71% 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 0.67%) | $70 | $220 | $383 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $71 | $233 | $425 |
| Value after costs | $10,429 | $11,343 | $12,337 |
| Impact on return, per year | 0.71% | 0.71% | 0.71% |
JAKFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0058%
- Total broker commissions: $119
- Bought from dealers (principal trades, not a cost): $6K
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
JAKFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jane Street Capital, LLC | $46 | 39.03% |
| RBC Capital Markets, LLC | $21 | 17.56% |
| Morgan Stanley & Co. LLC | $15 | 12.76% |
| Citadel Securities LLC | $13 | 10.90% |
| Virtu Americas LLC | $11 | 8.95% |
| BNP Paribas Securities Corp. | $5 | 3.82% |
| Susquehanna Financial Group, LLLP | $4 | 3.02% |
| Goldman Sachs & Co. LLC | $3 | 2.17% |
| Jefferies LLC | $1 | 1.01% |
| BofA Securities, Inc. | $1 | 0.77% |
JAKFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| TD SECURITIES (USA) LLC | $6K | 100.00% |
JPMorgan SmartRetirement Blend 2070 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JAKJX | Class R6 | 0.17% | — |
| JAKHX | Class R5 | 0.27% | — |
| JAKDX | Class I | 0.42% | — |
| JAKGX | Class R4 | 0.42% | — |
| JAKFX | Class R3 | 0.67% | — |
| JAKEX | Class R2 | 0.92% | — |
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.