JSOZX Fees and Costs — JPMorgan Strategic Income Opportunities Fund, Class R6
Data updated: 2026-07-28
The net expense ratio is 0.50% (0.60% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $615K in broker commissions, 0.0060% of average net assets, and portfolio turnover was 536%.
JSOZX Fees and Expenses
Annual operating expenses and sales charges of JSOZX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.45% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.09% |
| Gross expense ratio | 0.60% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.50% |
| 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 |
JSOZX Costs Over Time
On $10,000 invested in JSOZX, assuming 5% a year before costs, total costs come to $320 over 5 years, cutting the return by 0.53% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $53 | $175 | $320 |
| Value after costs | $10,447 | $11,401 | $12,443 |
| Impact on return, per year | 0.53% | 0.53% | 0.53% |
JSOZX 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): 0.0060%
- Total broker commissions: $615K
- Bought from dealers (principal trades, not a cost): $113.0B
- Portfolio turnover (prospectus): 536%
- Securities lending: none during the year
JSOZX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $291K | 47.42% |
| Nomura Securities International, Inc. | $243K | 39.59% |
| Goldman Sachs & Co. LLC | $37K | 6.00% |
| HSBC Securities (USA) Inc. | $21K | 3.41% |
| Virtu Americas LLC | $11K | 1.76% |
| Citigroup Global Markets Inc. | $6K | 1.06% |
| BofA Securities, Inc. | $2K | 0.28% |
| Jane Street Capital, LLC | $1K | 0.17% |
| Citadel Securities LLC | $930 | 0.15% |
| Old Mission Markets LLC | $911 | 0.15% |
JSOZX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Mizuho Securities USA LLC | $55.0B | 49.60% |
| Citigroup Global Markets Inc. | $26.9B | 24.25% |
| Goldman Sachs & Co. LLC | $10.9B | 9.86% |
| Barclays Capital, Inc. | $10.3B | 9.30% |
| BMO Nesbitt Burns Securities Ltd. | $2.9B | 2.60% |
| Morgan Stanley & Co. LLC | $2.1B | 1.90% |
| BofA Securities, Inc. | $1.8B | 1.58% |
| Cantor Fitzgerald & Co. | $381.3M | 0.34% |
| HSBC Securities (USA) Inc. | $323.2M | 0.29% |
| Wells Fargo Securities, LLC | $317.7M | 0.29% |
JPMorgan Strategic Income Opportunities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JSOZX | Class R6 | 0.50% | — |
| JSORX | Class R5 | 0.60% | — |
| JSOSX | Class I | 0.75% | none |
| JSOAX | Class A | 1.00% | 3.75% |
| JSOCX | Class C | 1.50% | 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.