JDIVX Fees and Costs — Disciplined Value International Fund, Class NAV
Data updated: 2026-09-25
The net expense ratio is 0.73%: a 0.67% management fee plus 0.07% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $6.6M in broker commissions, 0.1414% of average net assets, and portfolio turnover was 81%.
JDIVX Fees and Expenses
Annual operating expenses and sales charges of JDIVX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.67% |
| 12b-1 fee | — |
| Other expenses | 0.07% |
| Gross expense ratio | 0.74% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.73% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
JDIVX Costs Over Time
On $10,000 invested in JDIVX, assuming 5% a year before costs, total costs come to $546 over 5 years, cutting the return by 0.91% 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 0.73%) | $77 | $239 | $416 |
| Trading costs (broker commissions) | $15 | $46 | $81 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $91 | $300 | $546 |
| Value after costs | $10,409 | $11,276 | $12,216 |
| Impact on return, per year | 0.91% | 0.91% | 0.91% |
JDIVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1414%
- Total broker commissions: $6.6M
- Bought from dealers (principal trades, not a cost): $4.8B
- Portfolio turnover (prospectus): 81%
- Securities on loan, average value: $74.5M
- Net income from securities lending: $688K (0.015% of average net assets)
JDIVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.3M | 22.60% |
| Royal Bank of Canada | $1.1M | 18.97% |
| Goldman Sachs & Co. LLC | $669K | 12.07% |
| Daiwa Securities Group Inc. | $617K | 11.13% |
| Morgan Stanley & Co. LLC | $454K | 8.19% |
| UBS AG | $383K | 6.91% |
| Jefferies LLC | $350K | 6.31% |
| CITIC Securities International Company, Ltd. | $335K | 6.05% |
| Mizuho Securities Co., Ltd. | $252K | 4.54% |
| Barclays Bank PLC | $178K | 3.22% |
JDIVX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Holdings Inc. | $4.8B | 100.00% |
Disciplined Value International Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JDIVX | Class NAV | 0.73% | — |
| JDIUX | Class R6 | 0.74% | none |
| JDVIX | Class I | 0.84% | none |
| JDITX | Class R4 | 0.99% | none |
| JDIBX | Class A | 1.09% | 5.00% |
| JDISX | Class R2 | 1.24% | none |
| JDICX | Class C | 1.84% | 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.