JPMorgan Mortgage Backed Securities Fund

Scorecard
2 / 5 Stars
Lipper
5 5 5 4 2
Zacks Investment Research
2 (Buy)
Standard & Poor's
5 / 5 Stars
TheStreet.com
C+ (Hold)

#48 in Intermediate-Term Bond

U.S. News evaluated 280 Intermediate-Term Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 0.45 percent over the past year, 3.50 percent over the past three years, 6.56 percent over the past five years, and 5.13 percent over the past decade.

Trailing Returns Updated 02.28.2014
Year to date 1.5%
1 Year 0.5%
3 Years (Annualized) 3.5%
5 Years (Annualized) 6.6%
10 Years (Annualized) 5.1%

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Summary

The investment seeks to maximize total return by investing primarily in a diversified portfolio of debt securities backed by pools of residential and/or commercial mortgages. The fund invests mainly in investment grade mortgage-backed securities or unrated mortgage-backed securities which the adviser determines to be of comparable quality. Under normal circumstances, it invests at least 80% of its assets in mortgage-backed securities. The fund's average weighted maturity will normally range between two and ten years.

Fees

Fees are Above Average compared to funds in the same category.
JPMorgan Mortgage Backed Securities Fund has an expense ratio of 0.64 percent.

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Risk

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

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