JBND Fees and Costs — JPMorgan Active Bond ETF
Data updated: 2026-07-28
The net expense ratio is 0.25%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $75K in broker commissions, 0.0022% of average net assets, and portfolio turnover was 42%.
JBND Fees and Expenses
Annual operating expenses and sales charges of JBND. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 0.25% |
| Fee waiver | — |
| Net expense ratio | 0.25% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
JBND Costs Over Time
On $10,000 invested in JBND, assuming 5% a year before costs, total costs come to $160 over 5 years, cutting the return by 0.26% 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 0.25%) | $26 | $83 | $144 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $26 | $87 | $160 |
| Value after costs | $10,474 | $11,489 | $12,603 |
| Impact on return, per year | 0.26% | 0.26% | 0.26% |
JBND Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0022%
- Total broker commissions: $75K
- Bought from dealers (principal trades, not a cost): $7.7B
- Portfolio turnover (prospectus): 42%
- Securities lending: none during the year
JBND Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $25K | 32.59% |
| Barclays Capital, Inc. | $23K | 30.05% |
| BofA Securities, Inc. | $14K | 18.49% |
| Morgan Stanley & Co. LLC | $13K | 16.96% |
| Goldman Sachs & Co. LLC | $781 | 1.04% |
| Deutsche Bank Securities Inc. | $656 | 0.87% |
JBND Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $1.6B | 26.18% |
| Goldman Sachs & Co. LLC | $1.1B | 18.67% |
| Morgan Stanley & Co. LLC | $649.3M | 10.96% |
| BofA Securities, Inc. | $591.9M | 9.99% |
| Barclays Capital, Inc. | $473.6M | 8.00% |
| StoneX Financial, Inc | $360.4M | 6.08% |
| Citigroup Global Markets Inc. | $332.1M | 5.61% |
| Citadel Securities LLC | $331.2M | 5.59% |
| BNP Paribas Securities Corp. | $328.8M | 5.55% |
| BMO Capital Markets Corp. | $199.3M | 3.36% |
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.