JPMorgan Global Allocation Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.1%
1 yr return
8.3%
3 Yr Avg Return
-1.3%
5 Yr Avg Return
4.5%
Net Assets
$3.09 B
Holdings in Top 10
19.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.20%
SALES FEES
Front Load 4.50%
Deferred Load N/A
TRADING FEES
Turnover 101.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GAOAX - Profile
Distributions
- YTD Total Return 1.1%
- 3 Yr Annualized Total Return -1.3%
- 5 Yr Annualized Total Return 4.5%
- Capital Gain Distribution Frequency None
- Net Income Ratio 0.97%
- Dividend Yield 1.8%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameJPMorgan Global Allocation Fund
-
Fund Family NameJPMorgan Funds
-
Inception DateMay 31, 2011
-
Shares Outstanding36242727
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJeffrey Geller
Fund Description
GAOAX - Performance
Return Ranking - Trailing
Period | GAOAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.1% | -23.7% | 16.4% | 83.91% |
1 Yr | 8.3% | -8.9% | 48.3% | 77.04% |
3 Yr | -1.3%* | -2.2% | 16.4% | 38.31% |
5 Yr | 4.5%* | -0.7% | 13.4% | 29.67% |
10 Yr | 4.8%* | 0.9% | 11.8% | 20.61% |
* Annualized
Return Ranking - Calendar
Period | GAOAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.4% | -40.8% | 20.6% | 77.38% |
2022 | -22.3% | -21.0% | 24.5% | 5.92% |
2021 | -0.9% | -24.2% | 27.8% | 46.96% |
2020 | 13.5% | -23.1% | 11.7% | 15.17% |
2019 | 13.1% | -100.0% | 20.6% | 18.26% |
Total Return Ranking - Trailing
Period | GAOAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.1% | -23.7% | 16.4% | 83.05% |
1 Yr | 8.3% | -12.8% | 48.3% | 91.53% |
3 Yr | -1.3%* | -3.4% | 16.4% | 61.14% |
5 Yr | 4.5%* | -1.1% | 13.4% | 50.80% |
10 Yr | 4.8%* | 0.9% | 11.8% | 32.60% |
* Annualized
Total Return Ranking - Calendar
Period | GAOAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.9% | -40.8% | 20.6% | 77.38% |
2022 | -17.8% | -21.0% | 24.5% | 5.92% |
2021 | 9.9% | -24.2% | 27.8% | 46.96% |
2020 | 17.0% | -23.1% | 11.7% | 25.06% |
2019 | 17.6% | -2.9% | 23.1% | 18.80% |
NAV & Total Return History
GAOAX - Holdings
Concentration Analysis
GAOAX | Category Low | Category High | GAOAX % Rank | |
---|---|---|---|---|
Net Assets | 3.09 B | 1.12 M | 110 B | 16.63% |
Number of Holdings | 1919 | 2 | 10961 | 2.09% |
Net Assets in Top 10 | 595 M | -31.7 M | 22 B | 18.58% |
Weighting of Top 10 | 19.54% | 10.8% | 100.0% | 58.98% |
Top 10 Holdings
- JPMorgan Securities Lending Money Market Fund, Class Agency SL Shares 3.58%
- iShares iBoxx $ Investment Grade Corporate Bond ETF 3.49%
- Microsoft Corp. 2.62%
- JPMorgan Prime Money Market Fund, Class Institutional 2.10%
- Amazon.com, Inc. 1.79%
- NVIDIA Corp. 1.50%
- ASML Holding NV 1.14%
- Taiwan Semiconductor Manufacturing Co. Ltd. 1.12%
- Mastercard, Inc., Class A 1.11%
- UnitedHealth Group, Inc. 1.10%
Asset Allocation
Weighting | Return Low | Return High | GAOAX % Rank | |
---|---|---|---|---|
Stocks | 50.17% | -45.72% | 98.42% | 70.56% |
Bonds | 42.90% | -39.76% | 93.84% | 48.02% |
Cash | 6.67% | -97.12% | 185.58% | 12.73% |
Other | 0.65% | -1.25% | 197.12% | 66.18% |
Convertible Bonds | 0.26% | 0.00% | 25.49% | 51.57% |
Preferred Stocks | 0.00% | -0.03% | 14.00% | 79.75% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GAOAX % Rank | |
---|---|---|---|---|
Technology | 18.99% | 0.00% | 39.48% | 33.12% |
Financial Services | 17.39% | 0.00% | 30.34% | 24.20% |
Consumer Cyclical | 14.34% | 0.00% | 20.84% | 10.62% |
Healthcare | 13.90% | 0.00% | 30.30% | 35.67% |
Industrials | 10.68% | 0.09% | 32.39% | 36.31% |
Communication Services | 6.09% | 0.00% | 28.59% | 57.54% |
Consumer Defense | 5.61% | 0.00% | 31.85% | 41.40% |
Energy | 4.93% | 0.00% | 38.61% | 64.54% |
Basic Materials | 3.28% | 0.00% | 60.23% | 84.50% |
Utilities | 2.51% | 0.00% | 40.29% | 59.45% |
Real Estate | 2.27% | 0.00% | 90.14% | 79.83% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GAOAX % Rank | |
---|---|---|---|---|
US | 31.58% | -4.82% | 95.75% | 49.90% |
Non US | 18.58% | -46.69% | 57.06% | 68.06% |
Bond Sector Breakdown
Weighting | Return Low | Return High | GAOAX % Rank | |
---|---|---|---|---|
Government | 42.58% | 0.00% | 98.64% | 36.74% |
Corporate | 39.04% | 0.00% | 99.90% | 55.11% |
Cash & Equivalents | 6.67% | 0.10% | 100.00% | 22.96% |
Securitized | 6.45% | 0.00% | 83.28% | 68.06% |
Derivative | 0.65% | 0.00% | 41.88% | 65.97% |
Municipal | 0.02% | 0.00% | 31.28% | 59.50% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | GAOAX % Rank | |
---|---|---|---|---|
US | 28.61% | -177.12% | 87.76% | 70.35% |
Non US | 14.29% | -39.00% | 137.36% | 18.79% |
GAOAX - Expenses
Operational Fees
GAOAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.20% | 0.16% | 2.71% | 53.44% |
Management Fee | 0.55% | 0.00% | 1.70% | 35.97% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 32.67% |
Administrative Fee | 0.08% | 0.01% | 0.70% | 33.16% |
Sales Fees
GAOAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.50% | 0.00% | 5.75% | 71.26% |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
GAOAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 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.
GAOAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 101.00% | 0.00% | 441.00% | 75.60% |
GAOAX - Distributions
Dividend Yield Analysis
GAOAX | Category Low | Category High | GAOAX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.82% | 0.00% | 10.92% | 15.38% |
Dividend Distribution Analysis
GAOAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
GAOAX | Category Low | Category High | GAOAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.97% | -5.20% | 6.33% | 70.15% |
Capital Gain Distribution Analysis
GAOAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | None | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2024 | $0.088 | OrdinaryDividend |
Jan 02, 2024 | $0.001 | OrdinaryDividend |
Jan 03, 2023 | $0.666 | OrdinaryDividend |
Oct 03, 2022 | $0.045 | OrdinaryDividend |
Jul 01, 2022 | $0.056 | OrdinaryDividend |
Apr 01, 2022 | $0.013 | OrdinaryDividend |
Jan 03, 2022 | $0.250 | OrdinaryDividend |
Oct 01, 2021 | $0.047 | OrdinaryDividend |
Jul 01, 2021 | $0.051 | OrdinaryDividend |
Apr 01, 2021 | $0.022 | OrdinaryDividend |
Jan 04, 2021 | $0.157 | OrdinaryDividend |
Jul 01, 2020 | $0.034 | OrdinaryDividend |
Apr 01, 2020 | $0.034 | OrdinaryDividend |
Jan 02, 2020 | $0.250 | OrdinaryDividend |
Oct 01, 2019 | $0.093 | OrdinaryDividend |
Jul 01, 2019 | $0.123 | OrdinaryDividend |
Apr 01, 2019 | $0.003 | OrdinaryDividend |
Jan 02, 2019 | $0.248 | OrdinaryDividend |
Jul 02, 2018 | $0.110 | OrdinaryDividend |
Jan 02, 2018 | $0.129 | OrdinaryDividend |
Jul 03, 2017 | $0.108 | OrdinaryDividend |
Apr 03, 2017 | $0.020 | OrdinaryDividend |
Jan 03, 2017 | $0.189 | OrdinaryDividend |
Jul 01, 2016 | $0.105 | OrdinaryDividend |
Apr 01, 2016 | $0.051 | OrdinaryDividend |
Jan 04, 2016 | $0.075 | OrdinaryDividend |
Jul 01, 2015 | $0.008 | OrdinaryDividend |
Apr 01, 2015 | $0.053 | OrdinaryDividend |
Jan 02, 2015 | $0.280 | OrdinaryDividend |
Jul 01, 2014 | $0.078 | OrdinaryDividend |
Apr 01, 2014 | $0.017 | OrdinaryDividend |
Jan 02, 2014 | $0.059 | OrdinaryDividend |
Oct 01, 2013 | $0.036 | OrdinaryDividend |
Jul 01, 2013 | $0.128 | OrdinaryDividend |
Apr 01, 2013 | $0.031 | OrdinaryDividend |
Dec 19, 2012 | $0.211 | OrdinaryDividend |
Oct 01, 2012 | $0.004 | OrdinaryDividend |
Jul 02, 2012 | $0.111 | OrdinaryDividend |
GAOAX - Fund Manager Analysis
Managers
Jeffrey Geller
Start Date
Tenure
Tenure Rank
May 31, 2011
11.01
11.0%
Jeffrey Geller, CFA, managing director, is a Chief Investment Officer of Multi-Asset Solutions, where he is responsible for investment oversight of all mandates managed in New York. This includes providing oversight with respect to manager and strategy suitability and fit and ensuring that the team's asset allocation views are reflected appropriately across a diverse set of mandates. Jeff is also a portfolio manager for less constrained multi-asset class portfolios as well as portfolios with alternatives exposure. Before joining the firm in 2006, Jeff was director of Hedge Fund Investments at Russell Investment Group and served as chairman of the Firm's hedge fund investment committee. Prior to that, he was a senior partner at Credit Suisse Asset Management's BEA Associates unit where he had responsibility for managing equity, currency overlay and relative value arbitrage strategies. Jeff earned a Bachelor of Arts in Government from Clark University and an M.B.A. in Finance from the University of Chicago Graduate School Of Business. He is a CFA charterholder and is Series 24, 7, and 63 licensed
Grace Koo
Start Date
Tenure
Tenure Rank
Feb 28, 2014
8.26
8.3%
Grace Koo, Ph.D., executive director, is a portfolio manager and quantitative research analyst in Multi-Asset Solutions, based in New York. Since joining the team in 2011, Grace has focused on the development of quantitative multi-asset portfolio strategies, global tactical asset allocation, dynamic asset allocation and Multi-Asset Solutions’ long-term capital market assumptions. Prior to joining the team, Grace was a strategist in the global asset allocation and alternative investments team for J.P. Morgan’s Investment Bank based in London. In this role, she researched and developed trading ideas across different asset classes and contributed to publications such as The JPMorgan View, Flows & Liquidity, Global Markets Outlook and Strategy (“GMOS”) and Investment Strategies. She joined J.P. Morgan in 2007 after receiving her Ph.D. in Finance from Kellogg School of Management at Northwestern University. Prior to joining the Firm, Ms. Koo taught finance at Northwestern University. She received a Bachelor of Commerce in commerce and economics, and a M.A. in economics from the University of British Columbia.
Eric Bernbaum
Start Date
Tenure
Tenure Rank
Dec 09, 2014
7.48
7.5%
Eric Bernbaum, executive director, is a portfolio manager for J.P. Morgan Asset Management's Multi-Asset Solutions team based in New York. An employee since 2008, Eric is responsible for manager selection and portfolio construction. He focuses on portfolio management and the interpretation and implementation of tactical asset allocation strategy across multi-asset class portfolios, with a specific focus on income strategies. Eric holds a B.S. in Applied Economics and Management with a concen-tration in Business and Finance from Cornell University and is a CFA charterholder.
Philip Camporeale
Start Date
Tenure
Tenure Rank
Nov 02, 2020
1.58
1.6%
Mr. Camporeale joined the J.P. Morgan Investment Management Inc. in 2000. Prior to joining JPMIM’s Multi-Asset Solutions Team in 2011, Mr. Camporeale was a portfolio manager in the global fixed income currency and commodity team. Mr. Camporeale is responsible for developing and implementing global macro investment insights.
Michael Feser
Start Date
Tenure
Tenure Rank
Nov 02, 2020
1.58
1.6%
Michael Feser, managing director, is a portfolio manager on the Multi-Asset Solutions team based in New York. In this role, Michael is responsible for managing portfolios and expanding the Multi-Asset Solutions team’s capabilities in the sub-advisory segment. A particular area of focus is the design and management of risk/volatility controlled investment strategies. In addition, Michael also serves on JPMAM’s long-term capital markets assumptions committee and advises clients on investment strategy design and strategic asset allocation issues. An employee since 1994, Michael has more than two decades of markets, multi-asset and fixed income research and investment experience. Previously, Michael served as the Global Investment Director of Global Investment Management Solutions, where he oversaw the investment activities of the group’s portfolio managers, new product development and worked with the Funds’ boards globally. Prior to this, Michael held a number of roles across global investment management, including leading Multi-Asset Solution’s quantitative research and portfolio management team, and heading fixed income quantitative research and portfolio management functions in London. Michael obtained an M.A. in business administration from the University of Cologne. He is a CFA charterholder and is Series 3, 7 and 63 licensed.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.03 | 30.27 | 6.52 | 9.25 |