JTSRX Fees and Costs — John Hancock Government Income Fund, Class R6
Data updated: 2025-01-28
The net expense ratio is 0.60%: a 0.53% management fee plus 0.16% other expenses, less a 0.09% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 431%.
JTSRX Fees and Expenses
Annual operating expenses and sales charges of JTSRX. Prospectus, as of September 30, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.53% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.16% |
| Gross expense ratio | 0.69% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.60% |
| 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 |
JTSRX Costs Over Time
On $10,000 invested in JTSRX, assuming 5% a year before costs, total costs come to $378 over 5 years, cutting the return by 0.63% 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 0.60%) | $63 | $197 | $344 |
| Lost growth on money paid in costs | $0 | $10 | $35 |
| Total costs | $63 | $207 | $378 |
| Value after costs | $10,437 | $11,369 | $12,384 |
| Impact on return, per year | 0.63% | 0.63% | 0.63% |
JTSRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.9B
- Portfolio turnover (prospectus): 431%
- Securities lending: none during the year
JTSRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Holdings Inc. | $313.8M | 17.34% |
| Bank of Montreal | $305.1M | 16.86% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $283.3M | 15.66% |
| Goldman Sachs & Co. LLC | $231.9M | 12.82% |
| State Street Global Markets, LLC | $178.9M | 9.89% |
| Barclays Bank PLC | $165.7M | 9.16% |
| BNP Paribas | $147.4M | 8.15% |
| Morgan Stanley & Co. LLC | $102.6M | 5.67% |
| Deutsche Bank AG | $55.0M | 3.04% |
| Stonex Financial Inc. | $25.6M | 1.41% |
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.