JNYIX Fees and Costs — JPMorgan New York Tax Free Bond Fund, Class I
Data updated: 2026-07-28
The net expense ratio is 0.45%: a 0.30% management fee plus 0.39% other expenses, less a 0.25% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $2K in broker commissions, 0.0006% of average net assets.
JNYIX Fees and Expenses
Annual operating expenses and sales charges of JNYIX. Prospectus, as of February 28, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.30% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.39% |
| Gross expense ratio | 0.70% |
| Fee waiver | −0.25% |
| Net expense ratio | 0.45% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
JNYIX Costs Over Time
On $10,000 invested in JNYIX, assuming 5% a year before costs, total costs come to $285 over 5 years, cutting the return by 0.47% 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) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $7 | $26 |
| Total costs | $47 | $156 | $285 |
| Value after costs | $10,453 | $11,420 | $12,478 |
| Impact on return, per year | 0.47% | 0.47% | 0.47% |
JNYIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending February 28, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0006%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $400.6M
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
JNYIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $1K | 59.18% |
| BofA Securities, Inc. | $632 | 26.63% |
| Deutsche Bank Securities Inc. | $213 | 8.97% |
| Morgan Stanley & Co. LLC | $124 | 5.22% |
JNYIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Jefferies LLC | $61.9M | 20.22% |
| BofA Securities, Inc. | $59.3M | 19.37% |
| Goldman Sachs & Co. LLC | $45.5M | 14.88% |
| Wells Fargo Securities, LLC | $29.8M | 9.74% |
| RBC Capital Markets, LLC | $27.7M | 9.05% |
| Morgan Stanley & Co. LLC | $25.8M | 8.42% |
| Barclays Capital, Inc. | $24.5M | 8.00% |
| Raymond James & Associates, Inc. | $13.1M | 4.27% |
| Samuel A. Ramirez & Company, Inc. | $9.5M | 3.10% |
| Pershing LLC | $9.0M | 2.95% |
JPMorgan New York Tax Free 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 |
|---|---|---|---|
| VINRX | Class R6 | 0.35% | — |
| JNYIX | Class I | 0.45% | none |
| VANTX | Class A | 0.55% | 3.75% |
| JCNTX | Class C | 1.05% | 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.