JENHX Fees and Costs — Johnson Enhanced Return Fund
Data updated: 2026-08-28
The net expense ratio is 0.35%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $74K in broker commissions, 0.0261% of average net assets, and portfolio turnover was 59%.
JENHX Fees and Expenses
Annual operating expenses and sales charges of JENHX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.35% |
| Fee waiver | — |
| Net expense ratio | 0.35% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
JENHX Costs Over Time
On $10,000 invested in JENHX, assuming 5% a year before costs, total costs come to $238 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 0.35%) | $37 | $115 | $201 |
| Trading costs (broker commissions) | $3 | $9 | $15 |
| Lost growth on money paid in costs | $0 | $6 | $22 |
| Total costs | $39 | $130 | $238 |
| Value after costs | $10,461 | $11,446 | $12,525 |
| Impact on return, per year | 0.39% | 0.39% | 0.39% |
JENHX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0261%
- Total broker commissions: $74K
- Bought from dealers (principal trades, not a cost): $305.8M
- Portfolio turnover (prospectus): 59%
- Securities lending: none during the year
JENHX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO SECURITIES LLC | $74K | 100.00% |
JENHX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| STONEX FINANCIAL INC | $42.8M | 17.68% |
| GOLDMAN, SACHS & CO. | $38.1M | 15.73% |
| WELLS FARGO SECURITIES LLC | $33.7M | 13.93% |
| CITADEL SECURITIES INSTITUTIONAL, LLC | $28.0M | 11.57% |
| MORGAN STANLEY & CO., LLC | $22.0M | 9.09% |
| JANE STREET EXECUTION SERVICES, LLC | $17.4M | 7.17% |
| BMO CAPITAL MARKETS CORP. | $17.3M | 7.12% |
| KEYBANC CAPITAL MARKETS, INC. | $15.2M | 6.29% |
| CITIGROUP GLOBAL MARKETS, INC | $14.4M | 5.94% |
| RBC CAPITAL MARKETS LLC | $13.3M | 5.48% |
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.