JHTGX Fees and Costs — JPMorgan Hedged Equity 3 Fund, Class R5
Data updated: 2026-09-11
The net expense ratio is 0.45%: a 0.25% management fee plus 0.21% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $524K in broker commissions, 0.0184% of average net assets, and portfolio turnover was 44%.
JHTGX Fees and Expenses
Annual operating expenses and sales charges of JHTGX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.21% |
| Gross expense ratio | 0.46% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.45% |
| 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 |
JHTGX Costs Over Time
On $10,000 invested in JHTGX, assuming 5% a year before costs, total costs come to $296 over 5 years, cutting the return by 0.49% 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 0.45%) | $47 | $148 | $259 |
| Trading costs (broker commissions) | $2 | $6 | $11 |
| Lost growth on money paid in costs | $0 | $8 | $27 |
| Total costs | $49 | $162 | $296 |
| Value after costs | $10,451 | $11,414 | $12,467 |
| Impact on return, per year | 0.49% | 0.49% | 0.49% |
JHTGX 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): 0.0184%
- Total broker commissions: $524K
- Bought from dealers (principal trades, not a cost): $3.6M
- Portfolio turnover (prospectus): 44%
- Securities on loan, average value: $44.1M
- Net income from securities lending: $0 (0.000% of average net assets)
JHTGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $197K | 43.00% |
| Morgan Stanley & Co. LLC | $60K | 13.00% |
| UBS Securities LLC | $37K | 8.01% |
| J.P. Morgan Securities LLC | $35K | 7.59% |
| BofA Securities, Inc. | $31K | 6.82% |
| RBC Capital Markets, LLC | $30K | 6.51% |
| Jefferies LLC | $21K | 4.65% |
| Barclays Capital, Inc. | $19K | 4.14% |
| Citigroup Global Markets Inc. | $16K | 3.48% |
| BMO Capital Markets Corp. | $13K | 2.81% |
JHTGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $3.6M | 100.00% |
JPMorgan Hedged Equity 3 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JHTRX | Class R6 | 0.34% | — |
| JHTGX | Class R5 | 0.45% | — |
| JHQTX | Class I | 0.59% | none |
| JHTAX | Class A | 0.84% | 5.25% |
| JHTCX | Class C | 1.34% | 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.