3 / 5 Stars
3 3 5 5 5
Zacks Investment Research
Standard & Poor's
3 / 5 Stars
#20 in Short-Term Bond
U.S. News evaluated 128 Short-Term 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 2.10 percent over the past year, 2.97 percent over the past three years, 6.18 percent over the past five years, and 3.01 percent over the past decade.
|Trailing Returns||Updated 06.30.2014|
|Year to date||1.5%|
|3 Years (Annualized)||3.0%|
|5 Years (Annualized)||6.2%|
|10 Years (Annualized)||3.0%|
The investment seeks a high level of current income consistent with low volatility of principal. The fund mainly invests in mortgage-backed securities, asset-backed securities, mortgage-related securities, adjustable rate mortgages, money market instruments, and structured investments. Under normal circumstances, the fund will invest at least 80% of its assets in bonds. The fund seeks to maintain a duration of three years or less, although, under certain market conditions such as in periods of significant volatility in interest rates and spreads, the fund's duration may be longer than three years.
Fees are Low compared to funds in the same category.
JPMorgan Limited Duration Bond Fund has an expense ratio of 0.67 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.