JPMorgan Securities Lending Money Market Fund
Fund
VSLXX
Price as of:
$1.00
- $0.00
- 0.00%
Primary Theme
fund company
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
1.8%
1 yr return
5.1%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$3.01 B
Holdings in Top 10
37.1%
52 WEEK LOW AND HIGH
$1.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.15%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000,000
IRA
N/A
Fund Classification
Fund Type
Money Market Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
VSLXX - Profile
Distributions
- YTD Total Return 1.8%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.10%
- Dividend Yield 5.6%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameJPMorgan Securities Lending Money Market Fund
-
Fund Family NameJPMorgan Funds
-
Inception DateSep 19, 2018
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerManagement Team
Fund Description
The Fund invests in high quality, short-term money market instruments which are issued and payable in U.S. dollars. The Fund principally invests in:•high quality commercial paper and other short-term debt securities, including floating and variable rate demand notes of U.S. and foreign corporations,•debt securities issued or guaranteed by qualified U.S. and foreign banks, including certificates of deposit, time deposits and other short-term securities,•securities issued or guaranteed by the U.S. government, its agencies or instrumentalities or Government-Sponsored Enterprises (GSEs),•asset-backed securities,•repurchase agreements, and•taxable municipal obligations.The Fund is a money market fund managed in the following manner:•The Fund calculates its net asset value to four decimals (e.g., $1.0000) using market-based pricing and operates with a floating net asset value.•The dollar-weighted average maturity of the Fund will be 60 days or less and the dollar-weighted average life to maturity will be 120 days or less.•The Fund will only buy securities that have remaining maturities of 397 days or less or securities otherwise permitted to be purchased because of maturity shortening provisions under applicable regulation.•The Fund invests only in U.S. dollar-denominated securities.•The Fund seeks to invest in securities that present minimal credit risk.The Fund may invest significantly in securities with floating or variable rates of interest. Their yields will vary as interest rates change. The securities in which the Fund may invest include privately placed securities. The Fund will at times hold some of its assets in cash.The Fund will concentrate its investments in the banking industry. Therefore, under normal conditions, the Fund will invest at least 25% of its total assets in securities issued by companies in the banking industry. The Fund may, however, invest less than 25% of its total assets in this industry as a temporary defensive measure.The Fund may enter into lending agreements under which the Fund would lend money for temporary purposes directly to another J.P. Morgan Fund through a credit facility, subject to meeting the conditions of an SEC exemptive order granted to the Fund permitting such interfund lending.The Fund may trade securities on a when-issued, delayed settlement or forward commitment basis. The Fund’s adviser seeks to develop an appropriate portfolio by considering the differences in yields among securities of different maturities, market sectors and issuers.Liquidity Fees and Redemption GatesThe Fund’s policies and procedures permit the Board to impose liquidity fees on redemptions and/or redemption gates in the event that the Fund’s weekly liquid assets were to fall below a designated threshold.If the Fund’s weekly liquid assets fall below 30% of its total assets, the Board, in its discretion, may impose liquidity fees of up to 2% of the value of the shares redeemed and/or gates on redemptions. In addition, if the Fund’s weekly liquid assets fall below 10% of its total assets at the end of any business day, the Fund must impose a 1% liquidity fee on shareholder redemptions unless the Board determines that not doing so is in the best interests of the Fund.
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VSLXX - Performance
Return Ranking - Trailing
Period | VSLXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.8% | 0.0% | 2.2% | 1.49% |
1 Yr | 5.1% | 0.5% | 5.7% | 16.87% |
3 Yr | N/A* | 0.7% | 2.8% | 94.76% |
5 Yr | N/A* | 0.7% | 110.6% | N/A |
10 Yr | N/A* | 0.3% | 32.1% | N/A |
* Annualized
Return Ranking - Calendar
Period | VSLXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -0.1% | 5.0% | 94.25% |
2022 | N/A | 0.0% | 1.2% | 54.87% |
2021 | N/A | 0.0% | 0.0% | 57.32% |
2020 | N/A | 0.0% | 0.4% | N/A |
2019 | N/A | 0.0% | 2.0% | N/A |
Total Return Ranking - Trailing
Period | VSLXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.8% | 0.0% | 2.2% | 1.49% |
1 Yr | 5.1% | 0.5% | 5.7% | 16.87% |
3 Yr | N/A* | 0.7% | 2.8% | 94.76% |
5 Yr | N/A* | 0.7% | 110.6% | N/A |
10 Yr | N/A* | 0.3% | 32.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | VSLXX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | 0.8% | 5.9% | 94.25% |
2022 | N/A | 0.0% | 1.8% | 54.87% |
2021 | N/A | 0.0% | 1.9% | 57.32% |
2020 | N/A | 0.0% | 3.0% | N/A |
2019 | N/A | 0.0% | 3797.9% | N/A |
NAV & Total Return History
VSLXX - Holdings
Concentration Analysis
VSLXX | Category Low | Category High | VSLXX % Rank | |
---|---|---|---|---|
Net Assets | 3.01 B | 818 K | 211 B | 15.91% |
Number of Holdings | 65 | 1 | 346 | 40.86% |
Net Assets in Top 10 | 791 M | -343 K | 163 B | 76.01% |
Weighting of Top 10 | 37.11% | 22.7% | 100.0% | 90.95% |
Top 10 Holdings
- Fixed Income Clearing Corp. 16.10%
- Fixed Income Clearing Corp. 16.10%
- Fixed Income Clearing Corp. 16.10%
- Fixed Income Clearing Corp. 16.10%
- Fixed Income Clearing Corp. 16.10%
- Fixed Income Clearing Corp. 16.10%
- Fixed Income Clearing Corp. 16.10%
- Fixed Income Clearing Corp. 16.10%
- Fixed Income Clearing Corp. 16.10%
- Fixed Income Clearing Corp. 16.10%
Asset Allocation
Weighting | Return Low | Return High | VSLXX % Rank | |
---|---|---|---|---|
Cash | 95.09% | 25.56% | 100.00% | 12.09% |
Bonds | 3.97% | 0.00% | 74.44% | 88.15% |
Convertible Bonds | 0.94% | 0.00% | 21.22% | 7.35% |
Stocks | 0.00% | 0.00% | 0.00% | 81.28% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 81.28% |
Other | 0.00% | -1.67% | 0.04% | 81.28% |
Bond Sector Breakdown
Weighting | Return Low | Return High | VSLXX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 95.09% | 0.00% | 100.00% | 10.19% |
Municipal | 3.97% | 0.00% | 22.71% | 3.08% |
Corporate | 0.94% | 0.00% | 100.00% | 10.43% |
Derivative | 0.00% | 0.00% | 0.00% | 80.33% |
Securitized | 0.00% | 0.00% | 1.75% | 81.28% |
Government | 0.00% | 0.00% | 44.01% | 96.21% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | VSLXX % Rank | |
---|---|---|---|---|
US | 3.97% | 0.00% | 72.86% | 88.15% |
Non US | 0.00% | 0.00% | 3.41% | 82.23% |
VSLXX - Expenses
Operational Fees
VSLXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.15% | 0.07% | 4.53% | 92.60% |
Management Fee | 0.08% | 0.03% | 0.50% | 12.80% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.07% | 0.01% | 0.55% | 41.96% |
Sales Fees
VSLXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 5.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
VSLXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 5.00% | 5.00% | N/A |
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.
VSLXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 485.00% | N/A |
VSLXX - Distributions
Dividend Yield Analysis
VSLXX | Category Low | Category High | VSLXX % Rank | |
---|---|---|---|---|
Dividend Yield | 5.58% | 0.00% | 5.23% | 0.47% |
Dividend Distribution Analysis
VSLXX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
VSLXX | Category Low | Category High | VSLXX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.10% | -1.09% | 1.67% | 1.96% |
Capital Gain Distribution Analysis
VSLXX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2024 | $0.005 | OrdinaryDividend |
Mar 01, 2024 | $0.004 | OrdinaryDividend |
Feb 01, 2024 | $0.005 | OrdinaryDividend |
Jan 01, 2024 | $0.005 | OrdinaryDividend |
Dec 01, 2023 | $0.005 | OrdinaryDividend |
Nov 01, 2023 | $0.005 | OrdinaryDividend |
Oct 01, 2023 | $0.005 | OrdinaryDividend |
Sep 01, 2023 | $0.005 | OrdinaryDividend |
Aug 01, 2023 | $0.005 | OrdinaryDividend |
Jul 01, 2023 | $0.004 | OrdinaryDividend |
Jun 01, 2023 | $0.004 | OrdinaryDividend |
May 01, 2023 | $0.004 | OrdinaryDividend |
Apr 01, 2023 | $0.004 | OrdinaryDividend |
Mar 01, 2023 | $0.004 | OrdinaryDividend |
Feb 01, 2023 | $0.004 | OrdinaryDividend |
Jan 01, 2023 | $0.004 | OrdinaryDividend |
Dec 01, 2022 | $0.003 | OrdinaryDividend |
Nov 01, 2022 | $0.003 | OrdinaryDividend |
Oct 03, 2022 | $0.002 | OrdinaryDividend |
Sep 01, 2022 | $0.002 | OrdinaryDividend |
Aug 01, 2022 | $0.001 | OrdinaryDividend |
Jul 01, 2022 | $0.001 | OrdinaryDividend |
Jun 01, 2022 | $0.001 | OrdinaryDividend |
May 02, 2022 | $0.000 | OrdinaryDividend |
Apr 01, 2022 | $0.000 | OrdinaryDividend |
Mar 01, 2022 | $0.000 | OrdinaryDividend |
Feb 01, 2022 | $0.000 | OrdinaryDividend |
Nov 01, 2021 | $0.000 | OrdinaryDividend |
Oct 01, 2021 | $0.000 | OrdinaryDividend |
Sep 01, 2021 | $0.000 | OrdinaryDividend |
Aug 01, 2021 | $0.000 | OrdinaryDividend |
Jul 01, 2021 | $0.000 | OrdinaryDividend |
Jun 01, 2021 | $0.000 | OrdinaryDividend |
May 01, 2021 | $0.000 | OrdinaryDividend |
Apr 01, 2021 | $0.000 | OrdinaryDividend |
Mar 01, 2021 | $0.000 | OrdinaryDividend |
Feb 01, 2021 | $0.000 | OrdinaryDividend |
Jan 01, 2021 | $0.000 | OrdinaryDividend |
Dec 01, 2020 | $0.000 | OrdinaryDividend |
Oct 01, 2020 | $0.000 | OrdinaryDividend |
Sep 01, 2020 | $0.000 | OrdinaryDividend |
Aug 01, 2020 | $0.000 | OrdinaryDividend |
Jul 01, 2020 | $0.000 | OrdinaryDividend |
Jun 01, 2020 | $0.001 | OrdinaryDividend |
May 01, 2020 | $0.001 | OrdinaryDividend |
Apr 01, 2020 | $0.001 | OrdinaryDividend |
Mar 02, 2020 | $0.001 | OrdinaryDividend |
Feb 03, 2020 | $0.002 | OrdinaryDividend |
Jan 02, 2020 | $0.002 | OrdinaryDividend |
Nov 01, 2019 | $0.002 | OrdinaryDividend |
Sep 03, 2019 | $0.002 | OrdinaryDividend |
Aug 01, 2019 | $0.002 | OrdinaryDividend |
Jul 01, 2019 | $0.002 | OrdinaryDividend |
Jun 03, 2019 | $0.002 | OrdinaryDividend |
May 01, 2019 | $0.002 | OrdinaryDividend |