JPMorgan Floating Rate Income Fund
Name
As of 05/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.8%
1 yr return
10.6%
3 Yr Avg Return
4.7%
5 Yr Avg Return
3.9%
Net Assets
$305 M
Holdings in Top 10
23.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.70%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 40.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$15,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
JPHRX - Profile
Distributions
- YTD Total Return 2.8%
- 3 Yr Annualized Total Return 4.7%
- 5 Yr Annualized Total Return 3.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.21%
- Dividend Yield 8.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameJPMorgan Floating Rate Income Fund
-
Fund Family NameJPMorgan Funds
-
Inception DateOct 31, 2013
-
Shares Outstanding32538005
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJames Shanahan
Fund Description
JPHRX - Performance
Return Ranking - Trailing
Period | JPHRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.8% | -1.6% | 5.5% | 78.93% |
1 Yr | 10.6% | -4.5% | 16.6% | 60.54% |
3 Yr | 4.7%* | -5.5% | 7.3% | 50.81% |
5 Yr | 3.9%* | -7.0% | 37.4% | 47.86% |
10 Yr | 3.3%* | -2.0% | 19.4% | 56.00% |
* Annualized
Return Ranking - Calendar
Period | JPHRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.5% | -12.0% | 11.1% | 72.41% |
2022 | -6.9% | -22.9% | 5.1% | 38.19% |
2021 | 1.1% | -12.2% | 11.1% | 41.94% |
2020 | -2.7% | -14.1% | 289.8% | 61.60% |
2019 | 1.7% | -8.1% | 7.5% | 73.80% |
Total Return Ranking - Trailing
Period | JPHRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.8% | -1.6% | 5.5% | 78.93% |
1 Yr | 10.6% | -4.5% | 16.6% | 60.54% |
3 Yr | 4.7%* | -5.5% | 7.3% | 50.81% |
5 Yr | 3.9%* | -7.0% | 37.4% | 47.86% |
10 Yr | 3.3%* | -2.0% | 19.4% | 56.00% |
* Annualized
Total Return Ranking - Calendar
Period | JPHRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.2% | -12.0% | 22.1% | 76.63% |
2022 | -2.0% | -22.9% | 5.1% | 40.16% |
2021 | 4.6% | -10.2% | 11.1% | 51.61% |
2020 | 1.4% | -14.1% | 306.9% | 60.34% |
2019 | 7.3% | -3.6% | 10.5% | 58.08% |
NAV & Total Return History
JPHRX - Holdings
Concentration Analysis
JPHRX | Category Low | Category High | JPHRX % Rank | |
---|---|---|---|---|
Net Assets | 305 M | 29.9 M | 13.5 B | 69.72% |
Number of Holdings | 232 | 2 | 1358 | 75.49% |
Net Assets in Top 10 | 71.7 M | -191 M | 2.48 B | 57.71% |
Weighting of Top 10 | 23.52% | 5.2% | 100.8% | 15.48% |
Top 10 Holdings
- JPMorgan U.S. Government Money Market Fund, Class Institutional 12.68%
- Claire's Stores, Inc. 1.92%
- Invesco Senior Loan ETF 1.39%
- Nestle Skin Health SA, Term Loan B 1.24%
- Insulet Corp., 1st Lien Term Loan B 1.15%
- AAdvantage Loyality IP Ltd., 1st Lien Term Loan B 1.12%
- Brooks Automation, 1st Lien Term Loan B 1.04%
- Clear Channel Outdoor Holdings, Inc., 1st Lien Term Loan B 1.03%
- CCO Holdings LLC 1.01%
- Moran Foods LLC, 1st Lien Term Loan 0.95%
Asset Allocation
Weighting | Return Low | Return High | JPHRX % Rank | |
---|---|---|---|---|
Bonds | 88.46% | 0.00% | 161.82% | 86.56% |
Cash | 12.68% | -61.90% | 18.85% | 5.14% |
Stocks | 3.16% | 0.00% | 100.78% | 24.90% |
Convertible Bonds | 0.19% | 0.00% | 5.51% | 19.84% |
Preferred Stocks | 0.00% | -3.99% | 0.80% | 37.55% |
Other | 0.00% | -52.39% | 26.58% | 54.55% |
Stock Sector Breakdown
Weighting | Return Low | Return High | JPHRX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | 52.89% |
Technology | 0.00% | 0.00% | 100.00% | 54.22% |
Real Estate | 0.00% | 0.00% | 48.61% | 45.78% |
Industrials | 0.00% | 0.00% | 100.00% | 63.11% |
Healthcare | 0.00% | 0.00% | 100.00% | 52.89% |
Financial Services | 0.00% | 0.00% | 89.61% | 46.22% |
Energy | 0.00% | 0.00% | 100.00% | 34.22% |
Communication Services | 0.00% | 0.00% | 100.00% | 25.78% |
Consumer Defense | 0.00% | 0.00% | 100.00% | 51.11% |
Consumer Cyclical | 0.00% | 0.00% | 97.66% | 35.11% |
Basic Materials | 0.00% | 0.00% | 1.36% | 52.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | JPHRX % Rank | |
---|---|---|---|---|
US | 3.16% | -0.01% | 100.78% | 24.90% |
Non US | 0.00% | 0.00% | 0.68% | 33.60% |
Bond Sector Breakdown
Weighting | Return Low | Return High | JPHRX % Rank | |
---|---|---|---|---|
Corporate | 93.52% | 0.00% | 99.80% | 24.21% |
Cash & Equivalents | 12.68% | 0.00% | 25.03% | 1.98% |
Derivative | 0.00% | -7.27% | 1.12% | 45.85% |
Securitized | 0.00% | 0.00% | 91.68% | 53.97% |
Municipal | 0.00% | 0.00% | 0.47% | 19.05% |
Government | 0.00% | 0.00% | 3.18% | 36.90% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | JPHRX % Rank | |
---|---|---|---|---|
US | 88.46% | 0.00% | 123.27% | 59.29% |
Non US | 0.00% | 0.00% | 63.23% | 54.94% |
JPHRX - Expenses
Operational Fees
JPHRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.70% | 0.03% | 5.28% | 89.80% |
Management Fee | 0.55% | 0.00% | 1.73% | 20.38% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.08% | 0.02% | 0.27% | 28.24% |
Sales Fees
JPHRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
JPHRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
JPHRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 40.00% | 4.00% | 180.00% | 23.01% |
JPHRX - Distributions
Dividend Yield Analysis
JPHRX | Category Low | Category High | JPHRX % Rank | |
---|---|---|---|---|
Dividend Yield | 8.00% | 0.00% | 11.13% | 71.26% |
Dividend Distribution Analysis
JPHRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
JPHRX | Category Low | Category High | JPHRX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.21% | 1.77% | 9.82% | 72.18% |
Capital Gain Distribution Analysis
JPHRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 26, 2024 | $0.057 | OrdinaryDividend |
Mar 26, 2024 | $0.058 | OrdinaryDividend |
Feb 27, 2024 | $0.058 | OrdinaryDividend |
Jan 29, 2024 | $0.047 | OrdinaryDividend |
Dec 27, 2023 | $0.059 | OrdinaryDividend |
Nov 28, 2023 | $0.061 | OrdinaryDividend |
Oct 27, 2023 | $0.056 | OrdinaryDividend |
Sep 27, 2023 | $0.056 | OrdinaryDividend |
Aug 29, 2023 | $0.058 | OrdinaryDividend |
Jul 27, 2023 | $0.058 | OrdinaryDividend |
Jun 28, 2023 | $0.057 | OrdinaryDividend |
May 26, 2023 | $0.054 | OrdinaryDividend |
Apr 26, 2023 | $0.060 | OrdinaryDividend |
Mar 29, 2023 | $0.064 | OrdinaryDividend |
Feb 24, 2023 | $0.050 | OrdinaryDividend |
Jan 27, 2023 | $0.054 | OrdinaryDividend |
Dec 28, 2022 | $0.057 | OrdinaryDividend |
Nov 28, 2022 | $0.051 | OrdinaryDividend |
Oct 27, 2022 | $0.052 | OrdinaryDividend |
Sep 28, 2022 | $0.041 | OrdinaryDividend |
Aug 29, 2022 | $0.038 | OrdinaryDividend |
Jul 27, 2022 | $0.039 | OrdinaryDividend |
Jun 28, 2022 | $0.029 | OrdinaryDividend |
May 26, 2022 | $0.029 | OrdinaryDividend |
Apr 27, 2022 | $0.030 | OrdinaryDividend |
Mar 29, 2022 | $0.024 | OrdinaryDividend |
Feb 24, 2022 | $0.020 | OrdinaryDividend |
Jan 27, 2022 | $0.024 | OrdinaryDividend |
Dec 29, 2021 | $0.023 | OrdinaryDividend |
Nov 26, 2021 | $0.014 | OrdinaryDividend |
Oct 27, 2021 | $0.021 | OrdinaryDividend |
Sep 28, 2021 | $0.021 | OrdinaryDividend |
Aug 27, 2021 | $0.031 | OrdinaryDividend |
Jul 28, 2021 | $0.029 | OrdinaryDividend |
Jun 28, 2021 | $0.028 | OrdinaryDividend |
May 26, 2021 | $0.027 | OrdinaryDividend |
Apr 28, 2021 | $0.042 | OrdinaryDividend |
Mar 29, 2021 | $0.024 | OrdinaryDividend |
Feb 24, 2021 | $0.022 | OrdinaryDividend |
Jan 27, 2021 | $0.023 | OrdinaryDividend |
Dec 29, 2020 | $0.024 | OrdinaryDividend |
Nov 25, 2020 | $0.018 | OrdinaryDividend |
Oct 28, 2020 | $0.019 | OrdinaryDividend |
Sep 28, 2020 | $0.029 | OrdinaryDividend |
Aug 27, 2020 | $0.027 | OrdinaryDividend |
Jul 29, 2020 | $0.032 | OrdinaryDividend |
Jun 26, 2020 | $0.028 | OrdinaryDividend |
May 27, 2020 | $0.027 | OrdinaryDividend |
Apr 28, 2020 | $0.051 | OrdinaryDividend |
Mar 27, 2020 | $0.040 | OrdinaryDividend |
Feb 26, 2020 | $0.025 | OrdinaryDividend |
Jan 29, 2020 | $0.031 | OrdinaryDividend |
Dec 27, 2019 | $0.044 | OrdinaryDividend |
Nov 26, 2019 | $0.031 | OrdinaryDividend |
Oct 29, 2019 | $0.036 | OrdinaryDividend |
Sep 26, 2019 | $0.033 | OrdinaryDividend |
Aug 28, 2019 | $0.039 | OrdinaryDividend |
Jul 29, 2019 | $0.043 | OrdinaryDividend |
Jun 26, 2019 | $0.041 | OrdinaryDividend |
May 29, 2019 | $0.048 | OrdinaryDividend |
Apr 26, 2019 | $0.049 | OrdinaryDividend |
Mar 27, 2019 | $0.050 | OrdinaryDividend |
Feb 26, 2019 | $0.034 | OrdinaryDividend |
Jan 29, 2019 | $0.040 | OrdinaryDividend |
Dec 27, 2018 | $0.042 | OrdinaryDividend |
Nov 28, 2018 | $0.038 | OrdinaryDividend |
Oct 29, 2018 | $0.045 | OrdinaryDividend |
Sep 26, 2018 | $0.036 | OrdinaryDividend |
Aug 29, 2018 | $0.034 | OrdinaryDividend |
Jul 27, 2018 | $0.028 | OrdinaryDividend |
Jun 27, 2018 | $0.029 | OrdinaryDividend |
May 29, 2018 | $0.033 | OrdinaryDividend |
Apr 26, 2018 | $0.032 | OrdinaryDividend |
Mar 27, 2018 | $0.037 | OrdinaryDividend |
Feb 26, 2018 | $0.030 | OrdinaryDividend |
Jan 29, 2018 | $0.034 | OrdinaryDividend |
Dec 27, 2017 | $0.034 | OrdinaryDividend |
Nov 28, 2017 | $0.033 | OrdinaryDividend |
Oct 27, 2017 | $0.031 | OrdinaryDividend |
Sep 27, 2017 | $0.028 | OrdinaryDividend |
Aug 29, 2017 | $0.031 | OrdinaryDividend |
Jul 27, 2017 | $0.027 | OrdinaryDividend |
Jun 28, 2017 | $0.027 | OrdinaryDividend |
May 26, 2017 | $0.034 | OrdinaryDividend |
Apr 26, 2017 | $0.031 | OrdinaryDividend |
Mar 29, 2017 | $0.028 | OrdinaryDividend |
Feb 24, 2017 | $0.029 | OrdinaryDividend |
Jan 27, 2017 | $0.030 | OrdinaryDividend |
Dec 28, 2016 | $0.048 | OrdinaryDividend |
Nov 28, 2016 | $0.031 | OrdinaryDividend |
Oct 27, 2016 | $0.038 | OrdinaryDividend |
Sep 28, 2016 | $0.031 | OrdinaryDividend |
Aug 29, 2016 | $0.035 | OrdinaryDividend |
Jul 27, 2016 | $0.037 | OrdinaryDividend |
Jun 28, 2016 | $0.037 | OrdinaryDividend |
May 26, 2016 | $0.034 | OrdinaryDividend |
Apr 27, 2016 | $0.037 | OrdinaryDividend |
Mar 29, 2016 | $0.035 | OrdinaryDividend |
Feb 25, 2016 | $0.036 | OrdinaryDividend |
Jan 27, 2016 | $0.034 | OrdinaryDividend |
Dec 29, 2015 | $0.044 | OrdinaryDividend |
Nov 25, 2015 | $0.036 | OrdinaryDividend |
Oct 28, 2015 | $0.039 | OrdinaryDividend |
Sep 28, 2015 | $0.032 | OrdinaryDividend |
Aug 27, 2015 | $0.036 | OrdinaryDividend |
Jul 29, 2015 | $0.038 | OrdinaryDividend |
Jun 26, 2015 | $0.034 | OrdinaryDividend |
May 28, 2015 | $0.000 | CapitalGainLongTerm |
May 27, 2015 | $0.031 | OrdinaryDividend |
Apr 28, 2015 | $0.034 | OrdinaryDividend |
Mar 27, 2015 | $0.034 | OrdinaryDividend |
Feb 25, 2015 | $0.029 | OrdinaryDividend |
Jan 29, 2015 | $0.035 | OrdinaryDividend |
Dec 30, 2014 | $0.050 | OrdinaryDividend |
Nov 28, 2014 | $0.034 | OrdinaryDividend |
Oct 31, 2014 | $0.038 | OrdinaryDividend |
Sep 30, 2014 | $0.039 | OrdinaryDividend |
Aug 29, 2014 | $0.035 | OrdinaryDividend |
Jul 31, 2014 | $0.034 | OrdinaryDividend |
Jun 30, 2014 | $0.035 | OrdinaryDividend |
May 30, 2014 | $0.032 | OrdinaryDividend |
Apr 30, 2014 | $0.031 | OrdinaryDividend |
Mar 31, 2014 | $0.034 | OrdinaryDividend |
Feb 28, 2014 | $0.032 | OrdinaryDividend |
Jan 31, 2014 | $0.032 | OrdinaryDividend |
Dec 31, 2013 | $0.046 | OrdinaryDividend |
Dec 12, 2013 | $0.004 | CapitalGainShortTerm |
Dec 12, 2013 | $0.005 | CapitalGainLongTerm |
Nov 29, 2013 | $0.034 | OrdinaryDividend |
JPHRX - Fund Manager Analysis
Managers
James Shanahan
Start Date
Tenure
Tenure Rank
Jun 01, 2011
11.01
11.0%
James P. Shanahan, Jr., managing director, is a member of the Global Fixed Income, Currency & Commodities (GFICC) group. Based in Cincinnati, Jim is the team leader and senior portfolio manager for the Cincinnati High Yield team and focuses on higher risk credits, including leveraged loans, distressed and special situations investments in high yield mandates. An employee since 1986, he held the same role at Banc One High Yield Partners, LLC and Pacholder Associates, Inc. He graduated from Xavier University and holds a J.D. from the University Of Cincinnati College Of Law.
Alexander Sammarco
Start Date
Tenure
Tenure Rank
Jan 03, 2019
3.41
3.4%
Mr. Sammarco currently serves a senior special situations analyst for J.P. Morgan Investment Management Inc.’s Cincinnati High Yield team. Prior to joining J.P. Morgan Investment Management Inc. in 2013, Mr. Sammarco was at Stark Investments, a global multi-strategy hedge fund, where he served as a senior member of the investment team.
Thomas Davis
Start Date
Tenure
Tenure Rank
Jan 15, 2020
2.38
2.4%
Mr. Davis currently serves as a portfolio manager for the Global High Yield team responsible for leveraged loans at J.P. Morgan Investment Management. Prior to 2019, Mr. Davis was a fixed income trader for the Global High Yield Team.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 20.52 | 5.9 | 3.25 |