JDJRX Fees and Costs — Diversified Macro Fund, Class R6
Data updated: 2026-09-25
The net expense ratio is 1.25%: a 1.18% management fee plus 0.08% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 0%.
JDJRX Fees and Expenses
Annual operating expenses and sales charges of JDJRX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 1.18% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.08% |
| Gross expense ratio | 1.26% |
| Fee waiver | −0.01% |
| Net expense ratio | 1.25% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| 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 |
JDJRX Costs Over Time
On $10,000 invested in JDJRX, assuming 5% a year before costs, total costs come to $778 over 5 years, cutting the return by 1.31% 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 1.25%) | $131 | $408 | $706 |
| Lost growth on money paid in costs | $0 | $20 | $72 |
| Total costs | $131 | $429 | $778 |
| Value after costs | $10,369 | $11,148 | $11,985 |
| Impact on return, per year | 1.31% | 1.31% | 1.31% |
JDJRX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $6.8B
- Portfolio turnover (prospectus): 0%
- Securities lending: none during the year
JDJRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNP Paribas | $3.6B | 51.98% |
| Wells Fargo Securities, LLC | $2.3B | 33.19% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $896.3M | 13.12% |
| HSBC Bank PLC | $117.3M | 1.72% |
Diversified Macro Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JDJRX | Class R6 | 1.25% | none |
| C000213577 | Class NAV | 1.25% | — |
| JDJIX | Class I | 1.36% | none |
| JDJAX | Class A | 1.61% | 5.00% |
| JDJCX | Class C | 2.36% | 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.