JPMorgan Floating Rate Income Fund

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Performance

The fund has returned 5.54 percent over the past year, and 5.10 percent over the past three years.

Trailing Returns Updated 06.30.2014
Year to date 1.9%
1 Year 5.5%
3 Years (Annualized) 5.1%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks to provide current income with a secondary objective of capital appreciation. The fund invests mainly in floating rate debt instruments issued by corporations. It normally invests at least 80% of its assets in floating rate instruments including Loans, convertible securities, corporate bonds, preferred shares and other floating rate debt instruments. The fund may invest up to 100% of its total assets in below investment grade securities or unrated securities that the adviser deems to be of equivalent quality. Up to 20% of the fund's total assets may be invested in non-U.S. dollar denominated securities in foreign and "emerging markets."

Fees

Fees are Low compared to funds in the same category.
JPMorgan Floating Rate Income Fund has an expense ratio of 0.97 percent.

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Risk

Risk is Average compared to funds in the same category according to Morningstar.

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