JIMEX Fees and Costs — Johnson Institutional Intermediate Bond Fund, Class F
Data updated: 2026-08-28
The net expense ratio is 0.40%: a 0.30% management fee plus a 0.25% 12b-1 fee, less a 0.15% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 45%.
JIMEX Fees and Expenses
Annual operating expenses and sales charges of JIMEX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.55% |
| Fee waiver | −0.15% |
| Net expense ratio | 0.40% |
| 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 |
JIMEX Costs Over Time
On $10,000 invested in JIMEX, assuming 5% a year before costs, total costs come to $253 over 5 years, cutting the return by 0.42% 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 0.40%) | $42 | $132 | $230 |
| Lost growth on money paid in costs | $0 | $7 | $23 |
| Total costs | $42 | $138 | $253 |
| Value after costs | $10,458 | $11,438 | $12,510 |
| Impact on return, per year | 0.42% | 0.42% | 0.42% |
JIMEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $264.8M
- Portfolio turnover (prospectus): 45%
- Securities lending: none during the year
JIMEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO SECURITIES LLC | $38.2M | 17.21% |
| GOLDMAN SACHS & CO. | $35.7M | 16.08% |
| CITIGROUP GLOBAL MARKETS, INC. | $33.0M | 14.85% |
| MORGAN STANLEY & CO. LLC | $24.1M | 10.86% |
| RBC CAPITAL MARKETS LLC | $22.4M | 10.07% |
| STONEX SECURITIES, INC. | $19.9M | 8.95% |
| US BANCORP INVESTMENTS INC. | $18.9M | 8.51% |
| J.P. MORGAN SECURITIES LLC | $11.6M | 5.22% |
| CITADEL SECURITIES INSTITUTIONAL, LLC | $10.6M | 4.77% |
| MARKETAXESS CORPORATION | $7.7M | 3.47% |
Johnson Institutional Intermediate Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JIBEX | Class I | 0.25% | — |
| JIMEX | Class F | 0.40% | — |
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.