TAGRX Fees and Costs — Fundamental Large Cap Core Fund, Class A
Data updated: 2026-09-25
The net expense ratio is 1.01%: a 0.61% management fee, a 0.25% 12b-1 fee plus 0.16% other expenses, less a 0.01% fee waiver. This share class carries a maximum front-end sales load of 5.00% and a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $1.5M in broker commissions, 0.0259% of average net assets, and portfolio turnover was 49%.
TAGRX Fees and Expenses
Annual operating expenses and sales charges of TAGRX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.61% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.16% |
| Gross expense ratio | 1.02% |
| Fee waiver | −0.01% |
| Net expense ratio | 1.01% |
| Sales charges | |
|---|---|
| Max front load | 5.00% |
| 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 |
TAGRX Costs Over Time
On $10,000 invested in TAGRX, assuming 5% a year before costs, total costs come to $1,253 over 5 years, cutting the return by 2.15% 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 | $599 | $500 | $500 |
| Fund expenses (net expense ratio 1.01%) | $101 | $314 | $545 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $25 | $95 | $195 |
| Total costs | $727 | $917 | $1,253 |
| Value after costs | $9,773 | $10,659 | $11,510 |
| Impact on return, per year | 7.27% | 2.85% | 2.15% |
TAGRX 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): 0.0259%
- Total broker commissions: $1.5M
- Bought from dealers (principal trades, not a cost): $9.0B
- Portfolio turnover (prospectus): 49%
- Securities lending: none during the year
TAGRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Virtu Financial Ireland Limited | $305K | 23.12% |
| Sanford C. Bernstein & Co., LLC | $155K | 11.78% |
| Morgan Stanley & Co. LLC | $141K | 10.67% |
| Goldman Sachs & Co. LLC | $128K | 9.70% |
| Citigroup Global Markets Holdings Inc. | $116K | 8.83% |
| J.P. Morgan Securities LLC | $111K | 8.45% |
| Evercore Group L.L.C. | $108K | 8.19% |
| National Financial Services LLC | $90K | 6.85% |
| Piper Sandler & Co. | $90K | 6.85% |
| Instinet, LLC | $73K | 5.55% |
TAGRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| UBS AG | $4.2B | 47.41% |
| Mizuho Securities Co., Ltd. | $2.9B | 32.70% |
| Barclays Bank PLC | $1.5B | 17.28% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $113.4M | 1.27% |
| TD Securities Inc. | $93.9M | 1.05% |
| Wells Fargo Securities, LLC | $23.1M | 0.26% |
| Goldman Sachs & Co. LLC | $2.6M | 0.03% |
Fundamental Large Cap Core Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| JLCNX | Class NAV | 0.65% | — |
| JLCWX | Class R6 | 0.65% | none |
| JLCVX | Class R5 | 0.70% | none |
| JLVIX | Class I | 0.76% | none |
| JLCFX | Class R4 | 0.90% | none |
| TAGRX | Class A | 1.01% | 5.00% |
| JLCYX | Class R2 | 1.15% | none |
| JHLVX | Class C | 1.76% | 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.