JCPB Fees and Costs — JPMorgan Core Plus Bond ETF
Data updated: 2026-07-28
The net expense ratio is 0.37% (0.40% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $258K in broker commissions, 0.0033% of average net assets, and portfolio turnover was 58%.
JCPB Fees and Expenses
Annual operating expenses and sales charges of JCPB. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | — |
| Other expenses | — |
| Gross expense ratio | 0.40% |
| Fee waiver | −0.03% |
| Net expense ratio | 0.37% |
| 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 |
JCPB Costs Over Time
On $10,000 invested in JCPB, assuming 5% a year before costs, total costs come to $236 over 5 years, cutting the return by 0.39% 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 0.37%) | $39 | $122 | $213 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $6 | $22 |
| Total costs | $39 | $129 | $236 |
| Value after costs | $10,461 | $11,447 | $12,526 |
| Impact on return, per year | 0.39% | 0.39% | 0.39% |
JCPB 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): 0.0033%
- Total broker commissions: $258K
- Bought from dealers (principal trades, not a cost): $12.4B
- Portfolio turnover (prospectus): 58%
- Securities lending: none during the year
JCPB Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $123K | 47.54% |
| Barclays Capital, Inc. | $68K | 26.37% |
| BofA Securities, Inc. | $36K | 14.08% |
| Morgan Stanley & Co. LLC | $21K | 8.27% |
| Goldman Sachs & Co. LLC | $5K | 2.11% |
| Deutsche Bank Securities Inc. | $4K | 1.53% |
| BNP Paribas Securities Corp. | $233 | 0.09% |
JCPB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Wells Fargo Securities, LLC | $3.1B | 27.85% |
| BofA Securities, Inc. | $2.0B | 18.14% |
| Goldman Sachs & Co. LLC | $1.8B | 16.59% |
| Morgan Stanley & Co. LLC | $1.6B | 14.68% |
| Barclays Capital, Inc. | $755.3M | 6.87% |
| BNP Paribas Securities Corp. | $464.1M | 4.22% |
| Citigroup Global Markets Inc. | $461.9M | 4.20% |
| StoneX Financial, Inc | $388.0M | 3.53% |
| Performance Trust Capital Partners, LLC | $227.1M | 2.07% |
| Citadel Securities LLC | $204.6M | 1.86% |
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.