PSPJX Fees and Costs — LargeCap S&P 500 Index Fund, Class J
Data updated: 2026-09-25
The net expense ratio is 0.27%: a 0.08% management fee, a 0.15% 12b-1 fee plus 0.04% other expenses. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $181K in broker commissions, 0.0019% of average net assets, and portfolio turnover was 4%.
PSPJX Fees and Expenses
Annual operating expenses and sales charges of PSPJX. Prospectus, as of March 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.08% |
| 12b-1 fee | 0.15% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.27% |
| Fee waiver | — |
| Net expense ratio | 0.27% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
PSPJX Costs Over Time
On $10,000 invested in PSPJX, assuming 5% a year before costs, total costs come to $173 over 5 years, cutting the return by 0.29% 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 |
| Sales charges | $105 | $0 | $0 |
| Fund expenses (net expense ratio 0.27%) | $28 | $89 | $156 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $4 | $16 |
| Total costs | $133 | $94 | $173 |
| Value after costs | $10,367 | $11,482 | $12,590 |
| Impact on return, per year | 1.33% | 0.29% | 0.29% |
PSPJX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0019%
- Total broker commissions: $181K
- Bought from dealers (principal trades, not a cost): $282.8M
- Portfolio turnover (prospectus): 4%
- Securities on loan, average value: $2.0M
- Net income from securities lending: $180K (0.002% of average net assets)
PSPJX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MERRILL LYNCH PIERCE FENNER & SMITH | $89K | 49.22% |
| J.P. MORGAN SECURITIES LLC | $64K | 35.30% |
| JEFFERIES & COMPANY | $7K | 3.84% |
| RAYMOND JAMES & ASSOCIATES | $5K | 2.68% |
| TELSEY ADVISORY GROUP | $4K | 2.31% |
| D A DAVIDSON & CO. | $4K | 2.08% |
| NORTH SOUTH CAPITAL LLC | $3K | 1.81% |
| WELLS FARGO SECURITIES LLC | $3K | 1.67% |
| GOLDMAN SACHS CO. | $996 | 0.55% |
| MKM PARTNERS | $979 | 0.54% |
PSPJX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNP PARIBAS SECURITIES CORP | $159.4M | 57.24% |
| BARCLAYS CAPITAL INC. | $49.2M | 17.68% |
| WELLS FARGO SECURITIES LLC | $33.6M | 12.06% |
| RAYMOND JAMES & ASSOCIATES | $22.8M | 8.18% |
| GOLDMAN SACHS CO. | $12.9M | 4.62% |
| MACQUARIE GROUP LTD. | $625K | 0.22% |
LargeCap S&P 500 Index Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PLFIX | Institutional Class | 0.10% | none |
| PSPJX | Class J | 0.27% | none |
| PLSAX | Class A | 0.31% | 1.50% |
| PLFPX | Class R-5 | 0.35% | none |
| PLFMX | Class R-3 | 0.66% | 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.