JESRX Fees and Costs — Multimanager 2060 Lifetime Portfolio, Class R6
Data updated: 2026-07-27
The net expense ratio is 0.58% (0.96% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $6K in broker commissions, 0.0020% of average net assets, and portfolio turnover was 22%.
JESRX Fees and Expenses
Annual operating expenses and sales charges of JESRX. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.11% |
| Gross expense ratio | 0.96% |
| Fee waiver | −0.38% |
| Net expense ratio | 0.58% |
| 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 |
JESRX Costs Over Time
On $10,000 invested in JESRX, assuming 5% a year before costs, total costs come to $367 over 5 years, cutting the return by 0.61% 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 0.58%) | $61 | $191 | $332 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $9 | $34 |
| Total costs | $61 | $201 | $367 |
| Value after costs | $10,439 | $11,375 | $12,396 |
| Impact on return, per year | 0.61% | 0.61% | 0.61% |
JESRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0020%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $18.2M
- Portfolio turnover (prospectus): 22%
- Securities lending: none during the year
JESRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Piper Sandler & Co. | $5K | 80.31% |
| Virtu Americas LLC | $1K | 19.69% |
JESRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $14.9M | 82.03% |
| Citadel Securities LLC | $1.0M | 5.66% |
| Citigroup Global Markets Holdings Inc. | $860K | 4.72% |
| Barclays Bank PLC | $712K | 3.91% |
| Bank of Montreal | $229K | 1.26% |
| Morgan Stanley & Co. LLC | $174K | 0.96% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $124K | 0.68% |
| Deutsche Bank AG | $81K | 0.44% |
| BNP Paribas | $64K | 0.35% |
Multimanager 2060 Lifetime Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JESRX | Class R6 | 0.58% | none |
| JGHTX | Class R5 | 0.63% | none |
| JRETX | Class 1 | 0.63% | — |
| JMENX | Class I | 0.69% | none |
| JROUX | Class R4 | 0.83% | none |
| JJERX | Class A | 0.99% | 5.00% |
| JVIMX | Class R2 | 1.08% | 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.