JIGZX Fees and Costs — JPMorgan U.S. GARP Equity Fund, Class R2
Data updated: 2026-09-11
The net expense ratio is 1.09%: a 0.30% management fee, a 0.50% 12b-1 fee plus 0.39% other expenses, less a 0.10% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $172K in broker commissions, 0.0089% of average net assets, and portfolio turnover was 51%.
JIGZX Fees and Expenses
Annual operating expenses and sales charges of JIGZX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.39% |
| Gross expense ratio | 1.19% |
| Fee waiver | −0.10% |
| Net expense ratio | 1.09% |
| 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 |
JIGZX Costs Over Time
On $10,000 invested in JIGZX, assuming 5% a year before costs, total costs come to $686 over 5 years, cutting the return by 1.15% 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 1.09%) | $114 | $357 | $618 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $18 | $63 |
| Total costs | $115 | $377 | $686 |
| Value after costs | $10,385 | $11,199 | $12,077 |
| Impact on return, per year | 1.15% | 1.15% | 1.15% |
JIGZX 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): 0.0089%
- Total broker commissions: $172K
- Bought from dealers (principal trades, not a cost): $11.7M
- Portfolio turnover (prospectus): 51%
- Securities on loan, average value: $161K
- Net income from securities lending: $201 (0.000% of average net assets)
JIGZX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $46K | 31.91% |
| BofA Securities, Inc. | $36K | 25.14% |
| UBS Securities LLC | $14K | 9.75% |
| Citigroup Global Markets Inc. | $9K | 6.09% |
| Goldman Sachs & Co. LLC | $7K | 5.12% |
| RBC Capital Markets, LLC | $7K | 5.02% |
| BMO Capital Markets Corp. | $7K | 4.68% |
| Morgan Stanley & Co. LLC | $7K | 4.62% |
| Barclays Capital, Inc. | $6K | 4.48% |
| Jefferies LLC | $5K | 3.18% |
JIGZX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $8.8M | 75.41% |
| Morgan Stanley & Co. LLC | $2.9M | 24.59% |
JPMorgan U.S. GARP Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JGISX | Class R6 | 0.34% | — |
| JGIRX | Class R5 | 0.44% | — |
| JPGSX | Class I | 0.59% | none |
| JIGAX | Class A | 0.84% | 5.25% |
| JIGZX | Class R2 | 1.09% | — |
| JCICX | 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.