JPMorgan Government Bond Fund Class I (HLGAX)
| Fund Assets | 1.93B |
| Expense Ratio | 0.45% |
| Min. Investment | $1,000,000 |
| Turnover | 17.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.45% |
| Dividend Growth | 16.15% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 26, 2026 |
| Previous Close | 9.57 |
| YTD Return | -0.28% |
| 1-Year Return | 3.17% |
| 5-Year Return | -1.83% |
| 52-Week Low | 9.51 |
| 52-Week High | 9.88 |
| Beta (5Y) | -0.07 |
| Holdings | 316 |
| 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 3.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.95%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2026 | $0.0292 | Jun 29, 2026 |
| May 27, 2026 | $0.0297 | May 28, 2026 |
| Apr 28, 2026 | $0.03241 | Apr 29, 2026 |
| Mar 27, 2026 | $0.02834 | Mar 30, 2026 |
| Feb 25, 2026 | $0.02554 | Feb 26, 2026 |
| Jan 28, 2026 | $0.02621 | Jan 29, 2026 |