JHAYX Fees and Costs — 2035 Lifetime Blend Portfolio, Class A
Data updated: 2026-07-27
The net expense ratio is 0.73% (1.07% before fee waivers). This share class carries a maximum front-end sales load of 5.00% and a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $61K in broker commissions, 0.0063% of average net assets, and portfolio turnover was 31%.
JHAYX Fees and Expenses
Annual operating expenses and sales charges of JHAYX. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.31% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.17% |
| Gross expense ratio | 1.07% |
| Fee waiver | −0.34% |
| Net expense ratio | 0.73% |
| Sales charges | |
|---|---|
| Max front load | 5.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
JHAYX Costs Over Time
On $10,000 invested in JHAYX, assuming 5% a year before costs, total costs come to $1,078 over 5 years, cutting the return by 1.84% 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 |
| Sales charges | $599 | $500 | $500 |
| Fund expenses (net expense ratio 0.73%) | $73 | $228 | $396 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $25 | $90 | $178 |
| Total costs | $697 | $820 | $1,078 |
| Value after costs | $9,803 | $10,756 | $11,685 |
| Impact on return, per year | 6.97% | 2.54% | 1.84% |
JHAYX 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): 0.0063%
- Total broker commissions: $61K
- Bought from dealers (principal trades, not a cost): $130.2M
- Portfolio turnover (prospectus): 31%
- Securities on loan, average value: $5.9M
- Net income from securities lending: $8K (0.001% of average net assets)
JHAYX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $34K | 55.92% |
| Piper Sandler & Co. | $16K | 25.78% |
| Jane Street Execution Services, LLC | $5K | 8.04% |
| J.P. Morgan Securities LLC | $3K | 4.91% |
| Goldman Sachs & Co. LLC | $1K | 2.00% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $577 | 0.95% |
| Royal Bank of Canada | $541 | 0.89% |
| Citadel Securities LLC | $529 | 0.87% |
| Pershing LLC | $388 | 0.64% |
JHAYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $100.6M | 77.25% |
| Citadel Securities LLC | $8.5M | 6.53% |
| Citigroup Global Markets Holdings Inc. | $6.6M | 5.07% |
| Barclays Bank PLC | $4.9M | 3.76% |
| Bank of Montreal | $3.8M | 2.89% |
| Morgan Stanley & Co. LLC | $2.4M | 1.83% |
| Deutsche Bank AG | $2.2M | 1.66% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $939K | 0.72% |
| BNP Paribas | $382K | 0.29% |
2035 Lifetime Blend Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JRTNX | Class R6 | 0.32% | none |
| JRTKX | Class 1 | 0.36% | — |
| JRTMX | Class R4 | 0.57% | none |
| JHAYX | Class A | 0.73% | 5.00% |
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.