JPMorgan Floating Rate Income Fund

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

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