JEQIX Fees and Costs — Johnson Equity Income Fund, Class I
Data updated: 2026-08-28
The net expense ratio is 0.75%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $155K in broker commissions, 0.0226% of average net assets, and portfolio turnover was 21%.
JEQIX Fees and Expenses
Annual operating expenses and sales charges of JEQIX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| 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 |
JEQIX Costs Over Time
On $10,000 invested in JEQIX, assuming 5% a year before costs, total costs come to $485 over 5 years, cutting the return by 0.81% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $2 | $7 | $13 |
| Lost growth on money paid in costs | $0 | $13 | $44 |
| Total costs | $81 | $266 | $485 |
| Value after costs | $10,419 | $11,310 | $12,277 |
| Impact on return, per year | 0.81% | 0.81% | 0.81% |
JEQIX 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): 0.0226%
- Total broker commissions: $155K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 21%
- Securities lending: none during the year
JEQIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| EVERCORE GROUP LLC | $34K | 21.69% |
| RBC CAPITAL MARKETS LLC | $33K | 21.24% |
| STIFEL, NICOLAUS & C0 | $22K | 14.09% |
| MORGAN STANLEY & CO. LLC | $21K | 13.33% |
| JP MORGAN SECURITIES | $20K | 12.82% |
| KEEFE, BRUYETTE & WOODS INC. | $17K | 10.99% |
| PIPER SANDLER & CO. | $9K | 5.84% |
Johnson Equity Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JEQIX | Class I | 0.75% | — |
| JEQSX | Class S | 1.00% | — |
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.