OGVXX Fees and Costs — JPMorgan U.S. Government Money Market Fund, Capital Shares
Data updated: 2026-06-23
The net expense ratio is 0.17%: a 0.08% management fee plus 0.09% other expenses. There are no sales loads or redemption fees.
OGVXX Fees and Expenses
Annual operating expenses and sales charges of OGVXX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.08% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.09% |
| Gross expense ratio | 0.17% |
| Fee waiver | — |
| Net expense ratio | 0.17% |
| 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 |
OGVXX Costs Over Time
On $10,000 invested in OGVXX, assuming 5% a year before costs, total costs come to $108 over 5 years, cutting the return by 0.18% 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 0.17%) | $18 | $56 | $98 |
| Lost growth on money paid in costs | $0 | $3 | $10 |
| Total costs | $18 | $59 | $108 |
| Value after costs | $10,482 | $11,517 | $12,655 |
| Impact on return, per year | 0.18% | 0.18% | 0.18% |
OGVXX 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $17.34T
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
OGVXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Fixed Income Clearing Corporation | $3.87T | 26.17% |
| Goldman Sachs & Co. LLC | $3.05T | 20.67% |
| Wells Fargo Securities, LLC | $2.48T | 16.81% |
| BofA Securities, Inc. | $1.31T | 8.83% |
| Deutsche Bank Securities Inc. | $1.10T | 7.44% |
| Daiwa Capital Markets America Inc. | $907.3B | 6.14% |
| Citigroup Global Markets Inc. | $814.7B | 5.51% |
| BNP Paribas Securities Corp. | $573.5B | 3.88% |
| Northwestern Mutual Investment Services, LLC | $340.0B | 2.30% |
| RBC Capital Markets, LLC | $328.9B | 2.23% |
JPMorgan U.S. Government Money Market Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| MGMXX | IM Shares | 0.12% | — |
| EJGXX | Empower Share Class | 0.17% | — |
| JGAXX | Academy Shares | 0.17% | — |
| MGDXX | Digital Shares | 0.17% | — |
| OGVXX | Capital Shares | 0.17% | — |
| IJGXX | Institutional Shares | 0.21% | — |
| OGAXX | Agency Shares | 0.26% | — |
| OGSXX | Premier Shares | 0.42% | — |
| JGMXX | Investor Shares | 0.47% | — |
| MJGXX | Morgan Shares | 0.57% | — |
| RJGXX | Reserve Shares | 0.67% | — |
| SJGXX | Service Shares | 1.02% | — |
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.