VPMXX Fees and Costs — JPMorgan Prime Money Market Fund, Premier Shares
Data updated: 2026-06-23
The net expense ratio is 0.42%: a 0.08% management fee plus 0.34% other expenses. There are no sales loads or redemption fees.
VPMXX Fees and Expenses
Annual operating expenses and sales charges of VPMXX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.08% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.34% |
| Gross expense ratio | 0.42% |
| Fee waiver | — |
| Net expense ratio | 0.42% |
| 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 |
VPMXX Costs Over Time
On $10,000 invested in VPMXX, assuming 5% a year before costs, total costs come to $266 over 5 years, cutting the return by 0.44% 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 0.42%) | $44 | $138 | $242 |
| Lost growth on money paid in costs | $0 | $7 | $24 |
| Total costs | $44 | $145 | $266 |
| Value after costs | $10,456 | $11,431 | $12,497 |
| Impact on return, per year | 0.44% | 0.44% | 0.44% |
VPMXX 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): $5.72T
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
VPMXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| TP ICAP GLOBAL MARKETS AMERICAS LLC | $1.02T | 23.81% |
| Fixed Income Clearing Corporation | $848.1B | 19.75% |
| Citigroup Global Markets Inc. | $568.1B | 13.23% |
| Tradition Securities and Derivatives Inc. | $357.4B | 8.32% |
| ICAP Corporates LLC | $334.8B | 7.79% |
| RBC Capital Markets, LLC | $334.0B | 7.78% |
| Mizuho Securities USA LLC | $234.7B | 5.46% |
| Erste Group Bank AG | $215.3B | 5.01% |
| Wells Fargo Securities, LLC | $203.3B | 4.73% |
| BofA Securities, Inc. | $176.8B | 4.12% |
JPMorgan Prime 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 |
|---|---|---|---|
| JIMXX | IM Shares | 0.12% | — |
| CJPXX | Capital Shares | 0.17% | — |
| EJPXX | Empower Share Class | 0.17% | — |
| JPAXX | Academy Shares | 0.17% | — |
| JINXX | Institutional Class Shares | 0.21% | — |
| VMIXX | Agency Shares | 0.26% | — |
| VPMXX | Premier Shares | 0.42% | — |
| VMVXX | Morgan Shares | 0.51% | — |
| JRVXX | Reserve Shares | 0.70% | — |
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.