COMPETITIVE RISK-ADJUSTED RETURNS AND YIELD
- Draws upon the best ideas across a wide investable universe and the entirety of J.P. Morgan’s Fixed Income platform.
- Integration of bottom-up security selection with top down analysis improves potential for attractive risk-adjusted returns and increased income.
- Competitive returns: top-decile performance for the 3-year period and top-quintile performance for the 5- and 10-year periods.1
- Disciplined exposure to extended sectors has provided yield advantage: yield ranks in top-quintile of its Morningstar category: 2.98% SEC yield.2
1 Morningstar as of 3/31/16. Select Shares. Ranked as follows: 1-year (417/1045), 3-year (78/951), 5-year (130/827) and 10-year (75/602). Ratings reflect risk-adjusted performance. Different share classes may have different ratings and rankings.
2 For Select Shares as of 3/31/16; 2.71% SEC yield (unsubsidized). Must be preceded or acompanied by a prospectus.
Strong foundation for multiple environments
The Fund seeks an information advantage from the insights of 200+ investment professionals. It aims to deliver strong risk-adjusted returns and increased income across market environments.
Securities are selected from the bottom up across a diversified core bond universe and into extended sectors like high yield. This approach is integrated with top-down macro analysis guiding yield curve positioning, duration and portfolio risk.
The result is a fund anchored in core bonds with the flexibility to access broader opportunities to enhance returns and income.
The advantages of a core plus diversifier
Andrew Norelli, portfolio manager, says that if the riskier portions of a portfolio go down, a Core Plus Diversifier provides investors with ballast by using a thoughtful yield enhancement process.
Fees and Investment Minimums
Total return assumes reinvestment of income.
The quoted performance of the Fund includes performance of a predecessor fund/share class prior to the Fund's commencement of operations. Please refer to the current prospectus for further information.
The Barclays U.S. Aggregate Index is an unmanaged index that represents securities that are SEC-registered, taxable, and dollar denominated. The index covers the U.S. investment grade fixed rate bond market, with index components for government and corporate securities, mortgage pass-through securities, and asset-backed securities. The performance of the index does not reflect the deduction of expenses associated with a fund, such as investment management fees. By contrast, the performance of the Fund reflects the deduction of the fund expenses, including sales charges if applicable. An individual cannot invest directly in an index.
The performance of the Lipper Core Plus Bond Funds Index includes expenses associated with a mutual fund, such as investment management fees. These expenses are not identical to the expenses charged by the Fund.
Total return assumes reinvestment of dividends and capital gains distributions and reflects the deduction of any sales charges, where applicable. Performance may reflect the waiver of a portion of the Fund's advisory or administrative fees and/or reimbursement of certain expenses for certain periods since the inception date. If fees had not been waived and/or certain expenses were not reimbursed, performance would have been less favorable.
©2016, American Bankers Association, CUSIP Database provided by the Standard & Poor's CUSIP Service Bureau, a division of The McGraw-Hill Companies, Inc. All rights reserved.
Ordinarily, the Fund will invest at least 80% of its total assets in bonds, both domestic and foreign.
Under normal conditions at least 65% of the Fund's total assets must be invested in securities that are, at the time of purchase, rated investment grade.
The Fund may invest in foreign and emerging markets debt securities that are rated below investment grade (i.e. high yield or junk bonds) or the unrated equivalent. Under normal circumstances the Fund will not invest more than 35% of its total assets in below investment grade securities. They generally are rated in the fifth or lower rating categories of Standard & Poor's and Moody's Investors Service.
The Fund may invest up to 35% of its total assets in foreign and emerging markets.
The Fund may also invest in securities issued or guaranteed by foreign governmental entities (known as sovereign debt securities). Sovereign debt securities are subject to the risk of payment delay or defaults, and are subject to risks related to large debt positions relative to the country's economy or failure to implement economic reforms.
The Fund may invest in futures contracts and derivatives. Many derivatives create leverage that can cause the Fund to be more volatile than it would be if it had not used derivatives.
The Fund's investment in equity securities may rise or fall because of changes in the broad market or changes in a company's financial condition, sometimes rapidly or unpredictably. When the value of a fund's securities goes down, an investment in a fund decreases in value.
The top 10 holdings listed reflect only the Fund's long-term investments. Short-term investments are excluded. Holdings are subject to change. The holdings listed should not be considered recommendations to purchase or sell a particular security. Each individual security is calculated as a percentage of the aggregate market value of the securities held in the Fund and does not include the use of derivative positions, where applicable.