2 / 5 Stars
2 2 4 4 4
Zacks Investment Research
Standard & Poor's
U.S. News evaluated 50 Inflation-Protected Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned -1.93 percent over the past year, and 2.27 percent over the past three years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||-2.2%|
|3 Years (Annualized)||2.3%|
|5 Years (Annualized)||N/A|
|10 Years (Annualized)||N/A|
The investment seeks to maximize inflation protected return. The fund is designed to protect the total return generated by its core fixed income holdings from inflation risk. It normally invests at least 80% of "Assets" in bonds. The fund seeks to hedge this risk by using swaps that are based on the Consumer Price Index in combination with its core portfolio of fixed income securities. This strategy is intended to create the equivalent of a portfolio of inflation-protected fixed income securities. Secondarily, the fund may purchase other investments including actual inflation-protected securities such as Treasury Inflation Protected Securities (TIPS).
Fees are Low compared to funds in the same category.
JPMorgan Inflation Managed Bond Fund has an expense ratio of 0.74 percent.
Risk is Low compared to funds in the same category according to Morningstar.