JHFEX Fees and Costs — Fundamental Equity Income Fund, Class I
Data updated: 2026-08-27
The net expense ratio is 0.83%: a 0.60% management fee plus 2.37% other expenses, less a 2.15% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $4K in broker commissions, 0.0427% of average net assets, and portfolio turnover was 35%.
JHFEX Fees and Expenses
Annual operating expenses and sales charges of JHFEX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 2.37% |
| Gross expense ratio | 2.98% |
| Fee waiver | −2.15% |
| Net expense ratio | 0.83% |
| 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 |
JHFEX Costs Over Time
On $10,000 invested in JHFEX, assuming 5% a year before costs, total costs come to $547 over 5 years, cutting the return by 0.92% 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 0.83%) | $87 | $272 | $473 |
| Trading costs (broker commissions) | $4 | $14 | $24 |
| Lost growth on money paid in costs | $0 | $14 | $50 |
| Total costs | $92 | $300 | $547 |
| Value after costs | $10,408 | $11,276 | $12,216 |
| Impact on return, per year | 0.92% | 0.92% | 0.92% |
JHFEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0427%
- Total broker commissions: $4K
- Bought from dealers (principal trades, not a cost): $4.1M
- Portfolio turnover (prospectus): 35%
- Securities lending: none during the year
JHFEX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS AG | $2K | 56.07% |
| BNY Mellon Capital Markets, LLC | $845 | 21.35% |
| Citigroup Global Markets Holdings Inc. | $296 | 7.48% |
| Virtu Americas LLC | $236 | 5.97% |
| Instinet, LLC | $128 | 3.24% |
| Royal Bank of Canada | $101 | 2.56% |
| Bernstein Institutional Services LLC | $100 | 2.52% |
| National Financial Services LLC | $22 | 0.56% |
| Morgan Stanley & Co. LLC | $10 | 0.26% |
JHFEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $4.1M | 100.00% |
Fundamental 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 |
|---|---|---|---|
| JHCQX | Class R6 | 0.72% | none |
| JHFEX | Class I | 0.83% | none |
| JHCMX | Class A | 1.08% | 5.00% |
| JHCOX | Class C | 1.83% | 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.