Fixed income fees
These investment options include taxable fixed income securities (such as corporate bonds, both investment grade and non-investment grade, U.S. Treasuries, government agency bonds, government-sponsored enterprise bonds, mortgage-backed securities, certificates of deposit ("CDs", etc.) and municipal securities (bonds issued by states, cities, governmental entities, etc.)
Fees and expenses
Edward Jones may act as a principal in a bond transaction, which means we buy bonds and hold them in inventory for our clients to buy from us. When we act as principal, we receive a commission (also known as a markup/markdown) that is included in the price you pay for the bond. This commission typically ranges up to 2% for buy transactions and up to 0.75% for sell transactions. When we act as agent, we charge you a commission that is reflected on your trade confirmation. When we sell newly issued bonds, CDs and preferred securities during an initial public offering ("IPO") period, we receive a selling fee that is built into the initial offering price; we may also receive an underwriting fee and management fee. For general details about fixed income investments, see Important Information Regarding Your Accounts with Edward Jones.
For future updates and changes or for a full listing of the fees and payments Edward Jones receives in connection with individual mutual funds, equity transactions, fixed income transaction and insurance and annuities please visit this website at regular intervals. Compensation related information may change from time to time and Edward Jones will update compensation information on this website on a monthly basis. If the specific platform or provider associated with your plan changes, Edward Jones will provide you with an updated disclosure document within 60 days of being notified of the change, if applicable. It is very important that you keep Edward Jones and your financial advisor updated with regard to any changes to the plan including its structure, platform type, investment options or other service providers.