JQLBX Fees and Costs — Multimanager Lifestyle Balanced Portfolio, Class R2
Data updated: 2026-07-27
The net expense ratio is 1.41%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $51K in broker commissions, 0.0007% of average net assets, and portfolio turnover was 14%.
JQLBX Fees and Expenses
Annual operating expenses and sales charges of JQLBX. Prospectus, as of April 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.24% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.28% |
| Gross expense ratio | 1.41% |
| Fee waiver | — |
| Net expense ratio | 1.41% |
| 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 |
JQLBX Costs Over Time
On $10,000 invested in JQLBX, assuming 5% a year before costs, total costs come to $875 over 5 years, cutting the return by 1.48% 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 1.41%) | $148 | $460 | $794 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $23 | $81 |
| Total costs | $148 | $483 | $875 |
| Value after costs | $10,352 | $11,093 | $11,888 |
| Impact on return, per year | 1.48% | 1.48% | 1.48% |
JQLBX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0007%
- Total broker commissions: $51K
- Bought from dealers (principal trades, not a cost): $405.4M
- Portfolio turnover (prospectus): 14%
- Securities lending: none during the year
JQLBX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Piper Sandler & Co. | $39K | 76.45% |
| Virtu Americas LLC | $12K | 23.55% |
JQLBX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citadel Securities LLC | $86.5M | 21.34% |
| Citigroup Global Markets Holdings Inc. | $81.1M | 20.01% |
| Bank of Montreal | $67.3M | 16.61% |
| Barclays Bank PLC | $62.2M | 15.33% |
| Deutsche Bank AG | $44.3M | 10.92% |
| Morgan Stanley & Co. LLC | $43.4M | 10.70% |
| BNP Paribas | $12.8M | 3.15% |
| State Street Global Markets, LLC | $7.9M | 1.95% |
Multimanager Lifestyle Balanced Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JHLAX | Class 5 | 0.91% | — |
| JULBX | Class R6 | 0.91% | none |
| JILBX | Class 1 | 0.96% | — |
| JTSBX | Class R5 | 0.96% | none |
| JTBIX | Class I | 1.02% | none |
| JSLBX | Class R4 | 1.16% | none |
| JALBX | Class A | 1.32% | 4.50% |
| JQLBX | Class R2 | 1.41% | none |
| JCLBX | Class C | 2.02% | 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.