JPLD Fees and Costs — JPMorgan Limited Duration Bond ETF
Data updated: 2026-07-28
The net expense ratio is 0.24%: a 0.20% management fee plus 0.10% other expenses, less a 0.06% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $57K in broker commissions, 0.0025% of average net assets, and portfolio turnover was 53%.
JPLD Fees and Expenses
Annual operating expenses and sales charges of JPLD. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.20% |
| 12b-1 fee | — |
| Other expenses | 0.10% |
| Gross expense ratio | 0.30% |
| Fee waiver | −0.06% |
| Net expense ratio | 0.24% |
| 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 |
JPLD Costs Over Time
On $10,000 invested in JPLD, assuming 5% a year before costs, total costs come to $154 over 5 years, cutting the return by 0.25% 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 0.24%) | $25 | $79 | $139 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $4 | $14 |
| Total costs | $25 | $84 | $154 |
| Value after costs | $10,475 | $11,492 | $12,609 |
| Impact on return, per year | 0.25% | 0.25% | 0.25% |
JPLD 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): 0.0025%
- Total broker commissions: $57K
- Bought from dealers (principal trades, not a cost): $4.4B
- Portfolio turnover (prospectus): 53%
- Securities lending: none during the year
JPLD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital, Inc. | $39K | 69.29% |
| Citigroup Global Markets Inc. | $8K | 14.88% |
| BofA Securities, Inc. | $4K | 6.66% |
| Goldman Sachs & Co. LLC | $4K | 6.51% |
| Deutsche Bank Securities Inc. | $1K | 1.96% |
| Morgan Stanley & Co. LLC | $402 | 0.71% |
JPLD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $453.4M | 14.00% |
| Wells Fargo Securities, LLC | $439.0M | 13.55% |
| BNP Paribas Securities Corp. | $434.1M | 13.40% |
| BofA Securities, Inc. | $349.5M | 10.79% |
| Morgan Stanley & Co. LLC | $343.1M | 10.59% |
| Goldman Sachs & Co. LLC | $325.9M | 10.06% |
| Citadel Securities LLC | $294.4M | 9.09% |
| Deutsche Bank Securities Inc. | $224.7M | 6.94% |
| Barclays Capital, Inc. | $208.8M | 6.45% |
| TD SECURITIES (USA) LLC | $166.2M | 5.13% |
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.