OLVRX Fees and Costs — JPMorgan Large Cap Value Fund, Class R4
Data updated: 2026-09-11
The net expense ratio is 0.69%: a 0.40% management fee plus 0.34% other expenses, less a 0.05% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $5.1M in broker commissions, 0.0970% of average net assets, and portfolio turnover was 185%.
OLVRX Fees and Expenses
Annual operating expenses and sales charges of OLVRX. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.34% |
| Gross expense ratio | 0.74% |
| Fee waiver | −0.05% |
| Net expense ratio | 0.69% |
| 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 |
OLVRX Costs Over Time
On $10,000 invested in OLVRX, assuming 5% a year before costs, total costs come to $494 over 5 years, cutting the return by 0.83% 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 0.69%) | $72 | $227 | $394 |
| Trading costs (broker commissions) | $10 | $32 | $55 |
| Lost growth on money paid in costs | $0 | $13 | $45 |
| Total costs | $83 | $271 | $494 |
| Value after costs | $10,417 | $11,305 | $12,268 |
| Impact on return, per year | 0.83% | 0.83% | 0.83% |
OLVRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0970%
- Total broker commissions: $5.1M
- Bought from dealers (principal trades, not a cost): $12.2M
- Portfolio turnover (prospectus): 185%
- Securities on loan, average value: $21.7M
- Net income from securities lending: $114K (0.002% of average net assets)
OLVRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Morgan Stanley & Co. LLC | $657K | 17.40% |
| RBC Capital Markets, LLC | $500K | 13.24% |
| UBS Securities LLC | $437K | 11.57% |
| Barclays Capital, Inc. | $429K | 11.36% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $375K | 9.94% |
| TD SECURITIES (USA) LLC | $364K | 9.64% |
| Jefferies LLC | $335K | 8.86% |
| Goldman Sachs & Co. LLC | $308K | 8.15% |
| BMO Capital Markets Corp. | $204K | 5.41% |
| Liquidnet, Inc. | $167K | 4.42% |
OLVRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $12.2M | 100.00% |
JPMorgan Large Cap Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JLVMX | Class R6 | 0.44% | — |
| JLVRX | Class R5 | 0.54% | — |
| HLQVX | Class I | 0.69% | none |
| OLVRX | Class R4 | 0.69% | — |
| OLVAX | Class A | 0.93% | 5.25% |
| OLVTX | Class R3 | 0.94% | — |
| JLVZX | Class R2 | 1.19% | — |
| OLVCX | Class C | 1.44% | 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.