JAKYX Fees and Costs — JPMorgan SmartRetirement 2060 Fund, Class R6
Data updated: 2026-09-11
The net expense ratio is 0.39% (0.43% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $39K in broker commissions, 0.0043% of average net assets, and portfolio turnover was 15%.
JAKYX Fees and Expenses
Annual operating expenses and sales charges of JAKYX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.43% |
| Fee waiver | −0.04% |
| Net expense ratio | 0.39% |
| 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 |
JAKYX Costs Over Time
On $10,000 invested in JAKYX, assuming 5% a year before costs, total costs come to $250 over 5 years, cutting the return by 0.41% 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 0.39%) | $41 | $129 | $224 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $6 | $23 |
| Total costs | $41 | $136 | $250 |
| Value after costs | $10,459 | $11,440 | $12,513 |
| Impact on return, per year | 0.41% | 0.41% | 0.41% |
JAKYX 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): 0.0043%
- Total broker commissions: $39K
- Bought from dealers (principal trades, not a cost): $2.8M
- Portfolio turnover (prospectus): 15%
- Securities lending: none during the year
JAKYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jane Street Capital, LLC | $12K | 31.50% |
| Susquehanna Financial Group, LLLP | $8K | 20.32% |
| Morgan Stanley & Co. LLC | $5K | 12.19% |
| Citadel Securities LLC | $4K | 11.54% |
| Goldman Sachs & Co. LLC | $4K | 9.98% |
| RBC Capital Markets, LLC | $2K | 4.34% |
| UBS Securities LLC | $1K | 2.78% |
| Virtu Americas LLC | $1K | 2.69% |
| BofA Securities, Inc. | $915 | 2.40% |
| Citigroup Global Markets Inc. | $858 | 2.25% |
JAKYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Bank of Montreal | $879K | 31.53% |
| TD SECURITIES (USA) LLC | $874K | 31.35% |
| Citigroup Global Markets Inc. | $420K | 15.07% |
| Morgan Stanley & Co. LLC | $213K | 7.62% |
| Natwest Markets Securities Inc. | $167K | 5.98% |
| BofA Securities, Inc. | $70K | 2.53% |
| Nomura Securities International, Inc. | $70K | 2.51% |
| Wells Fargo Securities, LLC | $65K | 2.34% |
| BMO Nesbitt Burns Securities Ltd. | $30K | 1.08% |
JPMorgan SmartRetirement 2060 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JAKYX | Class R6 | 0.39% | — |
| JAKIX | Class R5 | 0.49% | — |
| JAKQX | Class R4 | 0.64% | — |
| JAKSX | Class I | 0.64% | none |
| JAKAX | Class A | 0.83% | 4.50% |
| JAKPX | Class R3 | 0.89% | — |
| JAKZX | Class R2 | 1.14% | — |
| JAKCX | Class C | 1.39% | 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.