JPMorgan Corporate Bond Fund

Frequently Asked Questions About CBFVX

What does CBFVX invest in?

Under ordinary market conditions, this fund commits no less than 80% of its holdings to corporate fixed-income securities. The bulk of these investments consist of corporate bonds that have received an investment-grade designation from a nationally recognized statistical rating organization. The fund also has the flexibility to include unrated securities that its adviser determines to possess an equivalent level of quality.

What is the expense ratio of CBFVX?

JPMorgan Corporate Bond Fund (CBFVX) charges an expense ratio of 0.40%. This is the annual fee deducted from fund assets to cover management and operations.

What is CBFVX's dividend yield?

CBFVX's trailing-twelve-month yield is 5.20%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of CBFVX?

Effective duration measures CBFVX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. CBFVX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of CBFVX?

CBFVX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of CBFVX?

Yield to maturity (YTM) is the total return you'd earn from CBFVX if every bond in the portfolio is held to maturity at the current price. CBFVX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.