JPMorgan Government Bond I (HLGAX)
| Fund Assets | 1.87B |
| Expense Ratio | 0.45% |
| Min. Investment | $1,000,000 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 3.00% |
| Dividend Growth | 11.22% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 29, 2025 |
| Previous Close | 9.62 |
| YTD Return | 3.83% |
| 1-Year Return | 1.41% |
| 5-Year Return | -5.50% |
| 52-Week Low | 9.31 |
| 52-Week High | 9.86 |
| Beta (5Y) | n/a |
| Holdings | 358 |
| Inception Date | Feb 8, 1993 |
About HLGAX
JPMorgan Government Bond Fund Class I is a mutual fund that primarily targets high current income while maintaining liquidity and emphasizing the safety of principal. The fund largely invests in securities issued or guaranteed by the U.S. government, its agencies, and its instrumentalities, including a significant allocation to mortgage-backed securities such as agency residential and commercial MBS and collateralized mortgage obligations. This bond fund maintains a disciplined approach to interest rate risk, generally keeping its duration between 5.0 and 5.5 years—a range that offers a balance between yield enhancement and stability. The fund’s distinct strategy does not strictly follow conventional government bond indices, as it often features a diversified mix, typically with 45% to 65% of assets in agency mortgage-backed instruments and the rest in U.S. Treasuries and other government-related securities. Its approach makes it a notable fixture in the fixed income sector, serving investors seeking government-backed bond exposure with a focus on income and credit quality, underpinned by the management and resources of J.P. Morgan Asset Management.
Performance
HLGAX had a total return of 1.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.98%.
Top 10 Holdings
19.42% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bonds 3.75% | T.3.75 11.15.43 | 3.38% |
| JPMorgan U.S. Government Money Market Fund | IJGXX | 3.28% |
| United States Treasury Notes 2.25% | T.2.25 08.15.27 | 1.99% |
| United States Treasury Notes 4.375% | T.4.375 08.15.26 | 1.80% |
| United States Treasury Notes 2.25% | T.2.25 02.15.27 | 1.75% |
| United States Treasury Bonds 1.375% | TII.1.375 02.15.44 | 1.63% |
| United States Treasury Notes 3.5% | T.3.5 04.30.30 | 1.52% |
| Federal National Mortgage Association 2.898% | FNGT.2017-T1 A | 1.43% |
| United States Treasury Notes 4.875% | T.4.875 10.31.28 | 1.33% |
| United States Treasury Notes 4.25% | T.4.25 02.28.31 | 1.31% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 29, 2025 | $0.02618 | Jul 30, 2025 |
| Jun 26, 2025 | $0.02577 | Jun 27, 2025 |
| May 28, 2025 | $0.02473 | May 29, 2025 |
| Apr 28, 2025 | $0.02913 | Apr 29, 2025 |
| Mar 27, 2025 | $0.02452 | Mar 28, 2025 |
| Feb 26, 2025 | $0.02188 | Feb 27, 2025 |