JIVZX Fees and Costs — JPMorgan U.S. Applied Data Science Value Fund, Class R2
Data updated: 2025-09-12
The net expense ratio is 1.09%: a 0.30% management fee, a 0.50% 12b-1 fee plus 0.53% other expenses, less a 0.24% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $14K in broker commissions, 0.0081% of average net assets, and portfolio turnover was 22%.
JIVZX Fees and Expenses
Annual operating expenses and sales charges of JIVZX. Prospectus, as of October 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.53% |
| Gross expense ratio | 1.33% |
| Fee waiver | −0.24% |
| 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 |
JIVZX Costs Over Time
On $10,000 invested in JIVZX, 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% |
JIVZX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0081%
- Total broker commissions: $14K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 22%
- Securities on loan, average value: $2K
- Net income from securities lending: $1 (0.000% of average net assets)
JIVZX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BMO Capital Markets Corp. | $4K | 28.91% |
| Goldman Sachs & Co. LLC | $2K | 17.72% |
| Virtu Americas LLC | $2K | 15.49% |
| RBC Capital Markets, LLC | $2K | 12.65% |
| J.P. Morgan Securities LLC | $2K | 12.21% |
| Morgan Stanley & Co. LLC | $582 | 4.58% |
| BofA Securities, Inc. | $458 | 3.61% |
| Jefferies LLC | $323 | 2.54% |
| ROBERT W. BAIRD & CO. INCORPORATED | $157 | 1.24% |
| Siebert Williams Shank & Co., LLC | $134 | 1.06% |
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.