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Trending ETFs

Name

As of

Price

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.

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Vitals

YTD Return

N/A

1 yr return

-20.4%

3 Yr Avg Return

-14.2%

5 Yr Avg Return

N/A

Net Assets

$91.2 M

Holdings in Top 10

20.5%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.52%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 63.00%

Redemption Fee 2.00%


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of

Price

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.

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HDCRX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return -14.2%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.08%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Highbridge Dynamic Commodities Strategy Fund
  • Fund Family Name
    JPMorgan
  • Inception Date
    Nov 30, 2010
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Sassan Alizadeh

Fund Description


HDCRX - Performance

Return Ranking - Trailing

Period HDCRX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 268.1% N/A
1 Yr -20.4% -64.8% 268.1% N/A
3 Yr -14.2%* -100.0% 115.6% N/A
5 Yr N/A* -100.0% 58.6% N/A
10 Yr N/A* -12.1% 26.2% N/A

* Annualized

Return Ranking - Calendar

Period HDCRX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -100.0% 73.0% N/A
2022 N/A -76.0% 212.6% N/A
2021 N/A -65.0% 900.0% N/A
2020 N/A -87.3% 336.8% N/A
2019 N/A -60.1% 304.1% N/A

Total Return Ranking - Trailing

Period HDCRX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -50.0% 268.1% N/A
1 Yr -20.4% -64.8% 268.1% N/A
3 Yr -14.2%* -100.0% 115.6% N/A
5 Yr N/A* -100.0% 58.6% N/A
10 Yr N/A* -12.1% 26.3% N/A

* Annualized

Total Return Ranking - Calendar

Period HDCRX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -100.0% 76.6% N/A
2022 N/A -30.7% 212.6% N/A
2021 N/A -65.0% 900.0% N/A
2020 N/A -87.3% 341.1% N/A
2019 N/A -60.1% 304.1% N/A

HDCRX - Holdings

Concentration Analysis

HDCRX Category Low Category High HDCRX % Rank
Net Assets 91.2 M 10 804 B N/A
Number of Holdings 15 1 17333 N/A
Net Assets in Top 10 51.9 M -7.11 B 145 B N/A
Weighting of Top 10 20.51% 0.0% 20474.3% N/A

Top 10 Holdings

  1. Highbridge Dynamic Commodities Strategy 20.51%

Asset Allocation

Weighting Return Low Return High HDCRX % Rank
Cash
79.49% -2458.20% 7388.76% N/A
Other
20.51% -7288.76% 493.15% N/A
Stocks
0.00% -142.98% 259.25% N/A
Preferred Stocks
0.00% -21.20% 80.89% N/A
Convertible Bonds
0.00% -0.37% 144.58% N/A
Bonds
0.00% -955.59% 2458.15% N/A

HDCRX - Expenses

Operational Fees

HDCRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.52% -2.86% 950.64% N/A
Management Fee 1.00% 0.00% 2.87% N/A
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.00% 52000.00% N/A

Sales Fees

HDCRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 25.00% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

HDCRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 0.00% 2.00% 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.

HDCRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 63.00% 0.00% 5067.00% N/A

HDCRX - Distributions

Dividend Yield Analysis

HDCRX Category Low Category High HDCRX % Rank
Dividend Yield 0.00% 0.00% 84.51% N/A

Dividend Distribution Analysis

HDCRX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

HDCRX Category Low Category High HDCRX % Rank
Net Income Ratio -1.08% -46.00% 10.88% N/A

Capital Gain Distribution Analysis

HDCRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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HDCRX - Fund Manager Analysis

Managers

Sassan Alizadeh


Start Date

Tenure

Tenure Rank

Jan 13, 2010

4.05

4.1%

Sassan Alizadeh, Ph.D. Dr. Alizadeh is a Managing Director of HCM and Senior Portfolio Manager for the Global Macro Group. He is responsible for leadership of the Group as well as overseeing the Group’s research agenda and portfolio management duties. In addition to his position at HCM, Dr. Alizadeh is a principal of Highview Global Capital Management, LLC, a commodity trading advisor owned in part by Glenn Dubin, a principal of HCM. Dr. Alizadeh has over 18 years experience in systematic and quantitative trading. He began his career as the first Manager of Research at Quantitative Financial Strategies where he helped to develop and implement proprietary trading strategies. For six years starting in 1994, he was a proprietary trader at Bear Stearns where he traded several different systematic and quantitative strategies. He later joined Parametric Capital Management as head of Futures Trading where he implemented and traded a currency and commodity global macro model before joining HCM in April 2003. Dr. Alizadeh has a B.S. and M.S. in electrical engineering from Tufts University, an M.B.A. from The Wharton School of the University of Pennsylvania and a Ph.D. in economics from the University of Pennsylvania. He currently is an Adjunct Professor of Finance in the Masters of Financial Engineering program at Polytechnic Institute of New York University. Additionally, Dr. Alizadeh has performed academic research in various areas of finance and co-authored and published, as lead paper in the Journal of Finance, an article in the area of stochastic volatility estimation and its ramifications in the foreign currency markets. This work also was awarded first prize at the Wharton School’s Rodney L. White Center for Financial Research for “Outstanding Working Paper in Investment Research for 2001”.

Mark Nodelman


Start Date

Tenure

Tenure Rank

Jan 13, 2010

4.05

4.1%

Mark Nodelman, CFA. Mr. Nodelman is a Managing Director of HCM and a Portfolio Manager for the Global Macro Group. He is responsible for portfolio management duties and commodities and global macro research. He joined HCM in May 2008 from Goldman Sachs, where he spent nine years as a researcher and a Portfolio Manager in the Quantitative Investment Strategies Group. At Goldman Sachs, Mr. Nodelman co-managed the team’s commodities effort, developing relative value, timing and event driven systematic strategies to trade commodities futures, swaps and options. Mr. Nodelman also launched and managed several quantitative commodities vehicles, including Goldman Sachs Commodities Funds and Goldman Sachs Quantitative Commodities Master Fund. Additionally, Mr. Nodelman was responsible for deploying these strategies and other global macro quantitative strategies within several of the firm’s global macro hedge funds, including Global Alpha (over $10 billion in assets under management). Mr. Nodelman holds a B.S. in Economics from The Wharton School of the University of Pennsylvania and an M.B.A. from New York University.

Christopher M. Tufts


Start Date

Tenure

Tenure Rank

Jan 13, 2010

4.05

4.1%

Christopher M. Tufts. Mr. Tufts is a Vice President of JPMIM and is responsible for the fixed income investments portion of the Fund. He has been a portfolio manager with JPMIM 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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.52 5.37 3.25