JRTFX Fees and Costs — 2025 Lifetime Blend Portfolio, Class R6
Data updated: 2026-07-27
The net expense ratio is 0.35% (0.70% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $61K in broker commissions, 0.0089% of average net assets, and portfolio turnover was 49%.
JRTFX Fees and Expenses
Annual operating expenses and sales charges of JRTFX. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.37% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.07% |
| Gross expense ratio | 0.70% |
| Fee waiver | −0.35% |
| Net expense ratio | 0.35% |
| 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 |
JRTFX Costs Over Time
On $10,000 invested in JRTFX, assuming 5% a year before costs, total costs come to $227 over 5 years, cutting the return by 0.38% 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 0.35%) | $37 | $115 | $202 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $6 | $21 |
| Total costs | $38 | $124 | $227 |
| Value after costs | $10,462 | $11,452 | $12,535 |
| Impact on return, per year | 0.38% | 0.38% | 0.38% |
JRTFX 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): 0.0089%
- Total broker commissions: $61K
- Bought from dealers (principal trades, not a cost): $129.9M
- Portfolio turnover (prospectus): 49%
- Securities on loan, average value: $16.1M
- Net income from securities lending: $51K (0.007% of average net assets)
JRTFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Americas LLC | $30K | 48.99% |
| Piper Sandler & Co. | $12K | 19.49% |
| J.P. Morgan Securities LLC | $5K | 8.74% |
| Goldman Sachs & Co. LLC | $4K | 6.42% |
| Jane Street Execution Services, LLC | $3K | 5.68% |
| Royal Bank of Canada | $3K | 5.01% |
| Citadel Securities LLC | $3K | 4.91% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $235 | 0.38% |
| Pershing LLC | $224 | 0.36% |
JRTFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $87.6M | 67.43% |
| Citadel Securities LLC | $11.5M | 8.82% |
| Bank of Montreal | $8.2M | 6.34% |
| Citigroup Global Markets Holdings Inc. | $7.1M | 5.49% |
| Barclays Bank PLC | $4.8M | 3.68% |
| Morgan Stanley & Co. LLC | $4.5M | 3.49% |
| Deutsche Bank AG | $3.9M | 2.99% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $1.5M | 1.12% |
| BNP Paribas | $831K | 0.64% |
2025 Lifetime Blend Portfolio Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JRTFX | Class R6 | 0.35% | none |
| JRTBX | Class 1 | 0.39% | — |
| JRTDX | Class R4 | 0.60% | none |
| JHAUX | Class A | 0.76% | 5.00% |
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.