VSLXX Fees and Costs — JPMorgan Securities Lending Money Market Fund, Agency SL Shares
Data updated: 2026-06-23
The net expense ratio is 0.06%: a 0.08% management fee plus 0.06% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees.
VSLXX Fees and Expenses
Annual operating expenses and sales charges of VSLXX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.08% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.14% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.06% |
| 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 |
VSLXX Costs Over Time
On $10,000 invested in VSLXX, assuming 5% a year before costs, total costs come to $38 over 5 years, cutting the return by 0.06% 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 0.06%) | $6 | $20 | $35 |
| Lost growth on money paid in costs | $0 | $1 | $3 |
| Total costs | $6 | $21 | $38 |
| Value after costs | $10,494 | $11,555 | $12,725 |
| Impact on return, per year | 0.06% | 0.06% | 0.06% |
VSLXX 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): $342.7B
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
VSLXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Credit Agricole Securities (USA) Inc. | $52.0B | 16.50% |
| BofA Securities, Inc. | $46.4B | 14.75% |
| TD SECURITIES (USA) LLC | $42.9B | 13.62% |
| BNP Paribas Securities Corp. | $36.9B | 11.70% |
| Citigroup Global Markets Inc. | $32.4B | 10.28% |
| ING Financial Markets LLC | $27.2B | 8.63% |
| Fixed Income Clearing Corporation | $26.2B | 8.31% |
| HSBC Securities (USA) Inc. | $23.8B | 7.54% |
| SANTANDER INVESTMENT S.A. | $13.9B | 4.40% |
| Wells Fargo Securities, LLC | $13.4B | 4.27% |
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.