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JSOSX JPMorgan Strategic Income Opports I

  • Fund
  • JSOSX
  • Price as of: Jun 23, 2017
  • $11.66
  • + $0.01
  • + 0.09%
  • Category
  • Diversified Portfolio

JSOSX - Profile

Vitals

  • YTD Return 0.6%
  • 3 Yr Annualized Return 2.8%
  • 5 Yr Annualized Return 3.5%
  • Net Assets $12.6 B
  • Holdings in Top 10 7.1%

52 WEEK LOW AND HIGH

$11.66
$11.27
$11.73

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.84%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 40.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000,000

IRA

$1,000,000

Investment Themes

CATEGORY

Diversified Portfolio
  • Fund Type Open End Mutual Fund
  • Investment Style Nontraditional Bond

Distributions

  • YTD Total Return 0.6%
  • 3 Yr Annualized Total Return 2.8%
  • 5 Yr Annualized Total Return 3.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.30%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name JPMorgan Strategic Income Opportunities Fund
  • Fund Family Name JPMorgan
  • Inception Date Oct 10, 2008
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Charlie McCarthy

JSOSX - Performance

Return Ranking - Trailing

Period JSOSX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.6% -49.2% 426.3% 78.58% 5
1 Yr 7.5% -26.7% 45.9% 61.27% 4
3 Yr 2.8% * -32.9% 11.8% 66.30% 4
5 Yr 3.5% * -20.8% 15.9% 86.52% 5
10 Yr N/A * -14.7% 8.1% N/A N/A

* Annualized


Return Ranking - Calendar

Period JSOSX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 4.5% -65.8% 23.3% 25.53% 2
2015 -5.4% -37.7% 48.7% 33.96% 3
2014 -1.4% -59.3% 22.9% 55.58% 4
2013 0.5% -17.5% 36.4% 75.47% 5
2012 4.4% -16.2% 18.4% 73.17% 5

Total Return Ranking - Trailing

Period JSOSX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.6% -49.2% 426.3% 78.51% 5
1 Yr 7.5% -29.7% 73.2% 48.25% 3
3 Yr 2.8% * -31.5% 28.2% 58.50% 3
5 Yr 3.5% * -18.8% 15.9% 85.17% 5
10 Yr N/A * -12.8% 13.0% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period JSOSX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 8.3% -65.6% 32.0% 12.83% 1
2015 -2.3% -29.3% 50.4% 52.95% 3
2014 0.1% -54.8% 25.4% 86.80% 5
2013 3.4% -16.7% 57.2% 85.53% 5
2012 9.4% -16.2% 74.5% 78.25% 4

NAV & Total Return History

JSOSX - Holdings

Filings data as of: Apr 30, 2017

Concentration Analysis

JSOSX Category Low Category High JSOSX % Rank Quintile
Net Assets 12.6 B 81.4 K 113 B 1.14% 1
Number of Holdings 1334 1 12590 2.61% 1
Net Assets in Top 10 889 M -654 M 22 B 5.54% 2
Weighting of Top 10 7.1% 0.2% 318.9% 31.06% 5

Top 10 Holdings

  1. Erste Abwicklungsanstalt 1.55%
  2. Bpce Sa 1.13%
  3. Bank Nederlandse Gemeenten Nv 0.92%
  4. Cooperatieve Rabobank Ua 0.61%
  5. Clear Channel Ww Hldgs 6.5% 0.46%
  6. Sprint 7.875% 0.54%
  7. Hyatt Centric Funding Llc 0.49%
  8. Bank Of Tokyo-Mitsubishi Ufj Ltd. 0.48%
  9. Cooperatieve Rabobank Ua 0.48%
  10. Sprint Nextel 144A 9% 0.47%

Asset Allocation

Weighting Category Low Category High JSOSX % Rank Quintile
Bonds
67.59% -50.59% 152.94% 2.19% 1
Cash
24.50% -95.46% 99.77% 4.44% 1
Other
6.81% -3.81% 98.84% 3.93% 1
Stocks
0.53% -2.60% 145.18% 32.25% 5
Convertible Bonds
0.30% 0.00% 33.12% 6.22% 2
Preferred Stocks
0.28% -0.09% 38.07% 7.23% 2

Stock Sector Breakdown

Weighting Category Low Category High JSOSX % Rank Quintile
Energy
0.37% -4.44% 35.85% 21.05% 5
Utilities
0.14% -2.48% 47.20% 14.80% 5
Real Estate
0.01% -3.46% 47.83% 19.47% 5
Communication Services
0.01% -0.84% 27.16% 16.10% 5
Technology
0.00% -3.41% 70.04% 26.41% 5
Industrials
0.00% -4.05% 48.84% 24.79% 5
Healthcare
0.00% -3.48% 31.05% 24.79% 5
Financial Services
0.00% -5.62% 69.58% 27.38% 5
Consumer Defense
0.00% -2.25% 27.69% 22.06% 5
Consumer Cyclical
0.00% -10.09% 54.37% 25.44% 5
Basic Materials
0.00% -1.55% 22.56% 18.22% 5

Stock Geographic Breakdown

Weighting Category Low Category High JSOSX % Rank Quintile
US
0.53% -97.12% 142.41% 31.84% 5
Non US
0.00% -11.04% 150.26% 29.19% 5

Bond Sector Breakdown

Weighting Category Low Category High JSOSX % Rank Quintile
Corporate
57.50% 0.00% 83.77% 1.10% 1
Cash & Equivalents
22.75% -95.46% 99.77% 5.03% 1
Securitized
8.55% -0.01% 40.51% 10.84% 2
Government
0.13% -84.93% 137.47% 26.03% 5
Municipal
0.08% 0.00% 80.51% 6.86% 3
Derivative
0.00% -84.53% 29.65% 3.25% 3

Bond Geographic Breakdown

Weighting Category Low Category High JSOSX % Rank Quintile
US
58.00% -89.88% 152.94% 2.06% 1
Non US
9.59% -57.44% 131.79% 7.27% 2

JSOSX - Expenses

Operational Fees

JSOSX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.84% 0.00% 165.34% 15.21% 2
Management Fee 0.45% 0.00% 2.55% 3.71% 3
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee 0.15% 0.00% 0.83% 1.45% 4

Sales Fees

JSOSX Fees (% of AUM) Category Low Category High JSOSX Rank Quintile
Front Load N/A 0.14% 5.75% N/A N/A
Deferred Load N/A 0.75% 5.50% N/A N/A

Trading Fees

JSOSX Fees (% of AUM) Category Low Category High JSOSX Rank Quintile
Max Redemption Fee N/A 0.00% 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.

JSOSX Fees (% of AUM) Category Low Category High JSOSX Rank Quintile
Turnover 40.00% 0.00% 5609.00% 10.54% 3

JSOSX - Distributions

Dividend Yield Analysis

JSOSX Category Low Category High JSOSX % Rank Quintile
Dividend Yield 0.2% 0.00% 11.33% 32.00% 3

Dividend Distribution Analysis

JSOSX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

JSOSX Category Low Category High JSOSX % Rank Quintile
Net Income Ratio 4.30% -3.27% 12.91% 2.34% 1

Capital Gain Distribution Analysis

JSOSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

JSOSX - Managers

Charlie McCarthy

Manager

Start Date

Jul 01, 2015

Tenure

1.92

Tenure Rank

6.3%

Charlie McCarthy, CFA, is an employee of JPMIM since 2014. Prior to joining JPMIM, Mr. McCarthy was a portfolio manager in the Credit, Rates & Alternative Strategies Group; Managing Director of BlackRock, Inc. since 2010; Founding Partner and Portfolio Manager of Pride Capital, LLC from 2004 to 2010.


William H. Eigen

Lead Manager

Start Date

Oct 10, 2008

Tenure

8.64

Tenure Rank

2.5%

William H. Eigen III, managing director,is the head of the Multi-Strategy Fixed Income Team at J.P. Morgan Asset Management. Prior to joining the firm in 2008, Bill headed Highbridge Capital Management, Fixed Income Group and spent 12 years at Fidelity Investments as an analyst and lead portfolio manager. Bill began his career in 1990 as a Group Pension Investment consultant in the Retirement and Investment Services Group at CIGNA, where he completed his tenure as a Stable Value (GIC) Investment manager, focusing specifically on the development of dedicated fixed-income portfolio management strategies. He holds a B.S. in finance from the University of Rhode Island and is a CFA charterholder. Bill has served on the Board of Directors of the Boston Security Analysts Society and is a current member of its Education Board.


Richard Meth

Manager

Start Date

Oct 31, 2015

Tenure

1.58

Tenure Rank

6.5%

Mr. Meth is responsible for the Fund’s investments in commercial real estate debt securities including commercial loan originations. An employee of JPMIM since 2000, Mr. Meth is a portfolio manager and member of the Absolute Return and Opportunistic Fixed Income Team since February 2012 specializing in structured and securitized commercial real estate.


Jarred A. Sherman

Manager

Start Date

Mar 23, 2009

Tenure

8.19

Tenure Rank

2.6%

Jarred A. Sherman, executive director, is a portfolio manager in the Absolute Return and Opportunistic Fixed Income Team at J.P. Morgan Asset Management. Prior to taking on this role, Jarred was a lead portfolio manager responsible for the strategy development and management of the enhanced cash and short duration portfolios within the U.S Fixed Income Group. An employee since 1999, Jarred has also served as an investment analyst within the Short Term Fixed Income Product Group. Jarred holds a B.A. in economics from the University of Pennsylvania and an M.B.A. from Columbia University. He is also a CFA charterholder.


Jeffrey Wheeler

Manager

Start Date

Oct 31, 2015

Tenure

1.58

Tenure Rank

6.5%

Mr. Wheeler heads the securitized asset team and focuses on the analysis and trading of non-agency mortgage-backed securities and consumer asset-backed securities.


Tenure Analysis

Category Low

0.0

Category High

49.2

Category Average

5.6

Category Mode

0.3