JNABX Fees and Costs — JPMorgan SmartRetirement Blend 2050 Fund, Class R5
Data updated: 2026-09-11
The net expense ratio is 0.27% (0.44% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $63K in broker commissions, 0.0026% of average net assets, and portfolio turnover was 17%.
JNABX Fees and Expenses
Annual operating expenses and sales charges of JNABX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.44% |
| Fee waiver | −0.17% |
| Net expense ratio | 0.27% |
| 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 |
JNABX Costs Over Time
On $10,000 invested in JNABX, assuming 5% a year before costs, total costs come to $173 over 5 years, cutting the return by 0.29% 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 0.27%) | $28 | $89 | $156 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $4 | $16 |
| Total costs | $29 | $94 | $173 |
| Value after costs | $10,471 | $11,482 | $12,590 |
| Impact on return, per year | 0.29% | 0.29% | 0.29% |
JNABX 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): 0.0026%
- Total broker commissions: $63K
- Bought from dealers (principal trades, not a cost): $9.0M
- Portfolio turnover (prospectus): 17%
- Securities on loan, average value: $6K
- Net income from securities lending: $439 (0.000% of average net assets)
JNABX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jane Street Capital, LLC | $24K | 39.74% |
| Morgan Stanley & Co. LLC | $11K | 17.83% |
| Citadel Securities LLC | $9K | 14.41% |
| Susquehanna Financial Group, LLLP | $7K | 12.34% |
| BofA Securities, Inc. | $3K | 4.71% |
| Virtu Americas LLC | $2K | 2.54% |
| Goldman Sachs & Co. LLC | $2K | 2.54% |
| Citigroup Global Markets Inc. | $1K | 2.48% |
| RBC Capital Markets, LLC | $1K | 1.88% |
| Samuel A. Ramirez & Company, Inc. | $930 | 1.54% |
JNABX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| TD SECURITIES (USA) LLC | $3.2M | 34.92% |
| Bank of Montreal | $3.1M | 34.72% |
| Citigroup Global Markets Inc. | $1.3M | 14.82% |
| Wells Fargo Securities, LLC | $661K | 7.30% |
| Natwest Markets Securities Inc. | $436K | 4.82% |
| BofA Securities, Inc. | $309K | 3.41% |
JPMorgan SmartRetirement Blend 2050 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JNYAX | Class R6 | 0.17% | — |
| JNABX | Class R5 | 0.27% | — |
| JNEAX | Class I | 0.42% | — |
| JNTPX | Class R4 | 0.42% | — |
| JNTKX | Class R3 | 0.67% | — |
| JNNRX | Class R2 | 0.92% | — |
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.