JPMorgan Managed Income Fund

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

U.S. News evaluated 57 Ultrashort 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 0.51 percent over the past year, and 0.52 percent over the past three years.

Trailing Returns Updated 06.30.2014
Year to date 0.3%
1 Year 0.5%
3 Years (Annualized) 0.5%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks current income while seeking to maintain a low volatility of principal. The fund mainly invests in investment grade, U.S. dollar denominated short-term fixed and floating rate debt securities. It will concentrate its investments in the banking industry. Therefore, under normal conditions, the fund will invest more than 25% of its assets in securities issued by companies in the banking industry. The fund may, however, invest less than 25% of its assets in this industry as a temporary defensive measure.

Fees

Fees are Low compared to funds in the same category.
JPMorgan Managed Income Fund has an expense ratio of 0.25 percent.

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Risk

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

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