JGSVX Fees and Costs — JPMorgan Small Cap Growth Fund, Class R5
Data updated: 2026-09-11
The net expense ratio is 0.84%: a 0.65% management fee plus 0.20% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $2.1M in broker commissions, 0.0741% of average net assets, and portfolio turnover was 48%.
JGSVX Fees and Expenses
Annual operating expenses and sales charges of JGSVX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.20% |
| Gross expense ratio | 0.85% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.84% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
JGSVX Costs Over Time
On $10,000 invested in JGSVX, assuming 5% a year before costs, total costs come to $573 over 5 years, cutting the return by 0.96% 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 0.84%) | $88 | $275 | $478 |
| Trading costs (broker commissions) | $8 | $24 | $42 |
| Lost growth on money paid in costs | $0 | $15 | $52 |
| Total costs | $96 | $315 | $573 |
| Value after costs | $10,404 | $11,262 | $12,190 |
| Impact on return, per year | 0.96% | 0.96% | 0.96% |
JGSVX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0741%
- Total broker commissions: $2.1M
- Bought from dealers (principal trades, not a cost): $208.0M
- Portfolio turnover (prospectus): 48%
- Securities on loan, average value: $123.5M
- Net income from securities lending: $1.5M (0.053% of average net assets)
JGSVX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Cantor Fitzgerald & Co. | $186K | 12.79% |
| Raymond James & Associates, Inc. | $173K | 11.90% |
| RBC Capital Markets, LLC | $164K | 11.28% |
| Jefferies LLC | $163K | 11.21% |
| Goldman Sachs & Co. LLC | $163K | 11.15% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $135K | 9.29% |
| Piper Sandler & Co. | $132K | 9.05% |
| Citigroup Global Markets Inc. | $124K | 8.49% |
| Virtu Americas LLC | $110K | 7.54% |
| Morgan Stanley & Co. LLC | $106K | 7.30% |
JGSVX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $64.2M | 30.89% |
| Silicon Valley Bank | $60.5M | 29.08% |
| Goldman Sachs & Co. LLC | $52.9M | 25.43% |
| Morgan Stanley & Co. LLC | $16.5M | 7.94% |
| Barclays Capital, Inc. | $8.8M | 4.22% |
| RBC Capital Markets, LLC | $4.4M | 2.12% |
| Piper Sandler & Co. | $681K | 0.33% |
JPMorgan Small Cap Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JGSMX | Class R6 | 0.74% | — |
| JGSVX | Class R5 | 0.84% | — |
| JISGX | Class L | 0.84% | — |
| JGLYX | Class R4 | 0.99% | — |
| OGGFX | Class I | 0.99% | none |
| JGRQX | Class R3 | 1.24% | — |
| PGSGX | Class A | 1.24% | 5.25% |
| JSGZX | Class R2 | 1.49% | — |
| OSGCX | Class C | 1.74% | 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.