JPMorgan Core Bond Fund

Frequently Asked Questions About JCBUX

What does JCBUX invest in?

The fund is designed to maximize total return by investing in a portfolio of investment grade intermediate- and long-term debt securities. It will invest at least 80% of its assets in bonds. The fund may principally invest in corporate bonds, U.S. treasury obligations and other U.S. government and agency securities, and asset-backed, mortgage-related and mortgage-backed securities. Its average weighted maturity will ordinarily range between 4 and 12 years.

What is the expense ratio of JCBUX?

JPMorgan Core Bond Fund (JCBUX) charges an expense ratio of 0.30%. This is the annual fee deducted from fund assets to cover management and operations.

What is JCBUX's dividend yield?

JCBUX's trailing-twelve-month yield is 4.50%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of JCBUX?

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

What is the credit quality of JCBUX?

JCBUX'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 JCBUX?

Yield to maturity (YTM) is the total return you'd earn from JCBUX if every bond in the portfolio is held to maturity at the current price. JCBUX'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.