Performance
Trailing returns
| 1 day | +0.00% | ||||
| 1 week | +0.00% | ||||
| 4 week | +1.76% |
| |||
| 3 month | +3.92% |
| |||
| YTD | +5.46% |
| |||
| 1 year | +15.34% |
| |||
| 3 years* | +11.50% |
| |||
| 5 years* | +10.23% |
| |||
| *annualized | |||||
| Best 3 month return | +17.64% | |
| Worst 3 month return | -23.55% |
Morningstar statistics
Morningstar category: High Yield Bond
| Return | Risk | Rating | |
| 3 years | Average | Average |
 
|
| 5 years | Above Average | Below Average |
|
| 10 years | Above Average | Below Average |
|
| Overall | Above Average | Below Average |
|
Key statistics
| Total assets | 11.38B | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.86% | |
| Management fee | - | |
| Fund family | JPMorgan |
Asset allocation
| Cash | 3.60% | |
| Stocks | 0.74% | |
| Bonds | 89.49% | |
| Preferred | 1.65% | |
| Convertible | 0.15% | |
| Other | 4.38% |
Purchase information
| Initial | $1,000,000 | |
| Additional | $0 | |
| IRA Initial | $1,000,000 | |
| AIP Initial | $100 | |
| AIP Additional | $100 |
8.38-0.03(-0.36%)
May 23, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks a high level of current income by investing primarily in a diversified portfolio of debt securities which are rated below investment grade or unrated; capital appreciation is a secondary objective. The fund normally invests at least 80% of assets in bonds, other debt securities, loan assignments and participations (Loans), commitments to purchase loan assignments (Unfunded Commitments) and preferred stock that is rated below investment grade or unrated. It may invest no more than 30% of net assets in Loans and Unfunded Commitments. The fund's average weighted maturity ordinarily will range between three and ten years.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
James Shanahan (Started: Nov 13, 1998)
William Morgan (Started: Nov 13, 1998)
James Gibson (Started: Jun 30, 2007)
James Shanahan (Started: Nov 13, 1998)
William Morgan (Started: Nov 13, 1998)
James Gibson (Started: Jun 30, 2007)
JPMorgan, 270 Park Avenue, 42nd Floor, New York, NY 10017-2070, USA
1 646 534 2254 (Fax)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 13.60 | 11.82 | 6.60 | 6.15 | |
| Beta* | -0.30 | -0.43 | 0.66 | 0.43 | |
| Mean annual return | 1.05 | 0.80 | 0.87 | 0.77 | |
| R-squared* | 3.32 | 2.18 | 4.36 | 3.26 | |
| Standard deviation | 3.18 | 7.05 | 11.26 | 8.61 | |
| Sharpe ratio | 3.95 | 1.35 | 0.90 | 0.87 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Engy Future Inter Hldg Co Ll 10% | 1.06% | |
| Intelsat Bermuda 11.5% | 0.91% | |
| Gmac 8% | 0.82% | |
| Liberty Mut Grp 144A FRN | 0.78% | |
| Sprint Nextel 7% | 0.73% | |
| Caesars Entertainment Operating Co., Inc. | 0.58% | |
| Cemex Espana S A Luxembourg 144A 9.875% | 0.50% | |
| Wachovia Cap Tr Iii FRN | 0.50% | |
| Amer Intl Grp FRN | 0.50% | |
| Clear Channel Communications, Inc. | 0.49% |