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CCSFX JPMorgan Commodities Strategy C

  • Fund
  • CCSFX
  • Price as of: Aug 30, 2018
  • $8.35
  • - $0.00
  • - 0.00%
  • Category
  • Natural Resources

CCSFX - Profile

Vitals

  • YTD Return -6.0%
  • 3 Yr Annualized Return -3.1%
  • 5 Yr Annualized Return -8.6%
  • Net Assets $182 M
  • Holdings in Top 10 100.0%

52 WEEK LOW AND HIGH

$8.35
$8.20
$9.14

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.58%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$1,000

Investment Themes

CATEGORY

Natural Resources
  • Fund Type Open End Mutual Fund
  • Investment Style Commodities Broad Basket

Distributions

  • YTD Total Return -6.0%
  • 3 Yr Annualized Total Return -3.1%
  • 5 Yr Annualized Total Return -8.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.94%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name JPMorgan Commodities Strategy Fund
  • Fund Family Name JPMorgan
  • Inception Date Dec 17, 2012
  • Shares Outstanding N/A
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager Christopher M. Tufts

Fund Description

The fund seeks to achieve its objective by investing in a diversified portfolio of commodity-linked derivatives. It will gain exposure to commodity markets by investing up to 25% of its total assets in the Commodities Strategy Fund CS Ltd., a wholly owned subsidiary of the fund organized under the laws of the Cayman Islands (the Subsidiary). The fund will also invest in fixed income securities. It generally will only buy securities that have remaining maturities of 397 days or less. The fund is non-diversified.

CCSFX - Performance

Return Ranking - Trailing

Period CCSFX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -6.0% -35.0% 22.3% 79.46% 5
1 Yr -0.4% -35.7% 52.8% 20.37% 1
3 Yr -3.1% * -16.2% 19.9% 85.88% 5
5 Yr -8.6% * -16.2% 5.1% 80.52% 4
10 Yr N/A * -2.7% 16.4% N/A N/A

* Annualized


Return Ranking - Calendar

Period CCSFX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 0.1% -93.2% 173.7% 20.65% 2
2017 11.2% -34.6% 32.6% 30.34% 2
2016 -26.0% -29.8% 53.7% 91.86% 5
2015 N/A -38.7% 13.2% N/A N/A
2014 N/A -30.1% 12.1% N/A N/A

Total Return Ranking - Trailing

Period CCSFX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -6.0% -35.0% 22.3% 79.46% 5
1 Yr -1.3% -38.9% 52.8% 20.37% 1
3 Yr -3.1% * -16.2% 19.7% 84.71% 5
5 Yr -8.6% * -16.5% 5.1% 77.92% 4
10 Yr N/A * -3.2% 16.4% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period CCSFX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 0.1% -93.2% 173.7% 18.48% 1
2017 11.2% -34.5% 32.6% 28.09% 2
2016 -26.0% -29.3% 53.7% 94.19% 5
2015 N/A -38.7% 16.5% N/A N/A
2014 N/A -28.9% 16.0% N/A N/A

NAV & Total Return History

CCSFX - Holdings

Filings data as of: Apr 30, 2017

Concentration Analysis

CCSFX Category Low Category High CCSFX % Rank Quintile
Net Assets 182 M 610 K 3.63 B 19.47% 3
Number of Holdings 6 6 250 35.40% 5
Net Assets in Top 10 150 M 434 K 1.33 B 14.16% 2
Weighting of Top 10 100.0% 17.4% 100.0% 0.88% 1

Top 10 Holdings

  1. United States Treasury Bills 32.02%
  2. United States Treasury Bills 28.68%
  3. Jpm Commodities Offshore 22.11%
  4. United States Treasury Bills 14.68%
  5. Federal Home Loan Mortgage Corporation 2.50%

Asset Allocation

Weighting Category Low Category High CCSFX % Rank Quintile
Cash
77.89% -1.74% 77.89% 0.88% 1
Other
22.11% -3.34% 26.79% 1.77% 1
Stocks
0.00% -0.27% 99.94% 37.17% 5
Preferred Stocks
0.00% 0.00% 3.83% 5.31% 5
Convertible Bonds
0.00% 0.00% 0.93% 1.77% 5
Bonds
0.00% 0.00% 95.64% 5.31% 5

CCSFX - Expenses

Operational Fees

CCSFX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 2.58% 0.10% 21.93% 16.22% 5
Management Fee 0.85% 0.08% 1.75% 10.62% 4
12b-1 Fee 0.75% 0.00% 1.00% 2.70% 4
Administrative Fee 0.15% 0.01% 0.45% 4.55% 5

Sales Fees

CCSFX Fees (% of AUM) Category Low Category High CCSFX Rank Quintile
Front Load N/A 0.30% 5.75% N/A N/A
Deferred Load 1.00% 1.00% 5.00% 10.53% 4

Trading Fees

CCSFX Fees (% of AUM) Category Low Category High CCSFX Rank Quintile
Max Redemption Fee N/A 0.05% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

CCSFX Fees (% of AUM) Category Low Category High CCSFX Rank Quintile
Turnover 0.00% 0.00% 361.00% 35.19% 1

CCSFX - Distributions

Dividend Yield Analysis

CCSFX Category Low Category High CCSFX % Rank Quintile
Dividend Yield N/A 0.00% 5.50% N/A N/A

Dividend Distribution Analysis

CCSFX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

CCSFX Category Low Category High CCSFX % Rank Quintile
Net Income Ratio -0.94% -1.85% 2.51% 78.38% 5

Capital Gain Distribution Analysis

CCSFX Category Low Category High Capital Mode
Capital Gain Distribution Frequency N/A Annually Semi-Annually Annually

CCSFX - Managers

Christopher M. Tufts

Manager

Start Date

Dec 17, 2012

Tenure

5.62

Tenure Rank

10.0%

Christopher M. Tufts, managing director of J.P. Morgan Investment Management, Inc. and is responsible for the fixed income investments portion. He has been a portfolio manager with J.P. Morgan Investment Management, Inc. since 2003 and an employee of the firm since 1997. Mr. Tufts holds a B.A. in Economics and French from the College of the Holy Cross.


Peter E. Kocubinski

Manager

Start Date

Dec 17, 2012

Tenure

5.62

Tenure Rank

10.0%

Peter Kocubinski, CFA. Mr. Kocubinski is an Executive Director and is the head of the U.S. Macro Sectors within the Global Fixed Income, Currency & Commodities (GFICC) group. Mr. Kocubinski leads the investment process for the commodity portion. Based in New York, Mr. Kocubinski is responsible for overseeing the U.S. Interest Rates, Inflation, Volatility and Commodities investment teams. An employee since 1999, he has held several roles within the firm including head of the Commodity investment team, head of U.S. Rates investing and Interest Rate Volatility sector team co-head. Prior to his US Rates role, Mr. Kocubinski was responsible formaintaining the OTC derivatives book, managing portfolio risk exposures, TIPS analysis, and macroeconomic forecasting. Mr. Kocubinski obtained a B.S. in economics and computer science from the College of William & Mary and is a CFA charterholder.


Steven S. Lear

Manager

Start Date

Aug 02, 2018

Tenure

0.0

Tenure Rank

26.8%

Mr. Lear is the U.S. Chief Investment Officer within the GFICC group. An employee since 2008. Mr. Lear is responsible for overseeing fixed income investment strategies in the U.S., including core plus, insurance, liability-driven investing and stable value.


Tenure Analysis

Category Low

0.0

Category High

21.0

Category Average

5.8

Category Mode

4.3