About JCPQX
The JPMorgan Core Plus Bond Fund R4 Shares is a mutual fund designed to provide a high level of current income through a diversified portfolio of fixed-income securities. Its primary purpose is to offer investors exposure to a broad range of bonds, investing at least 80% of its net assets in debt securities that span high-, medium-, and low-credit qualities. The fund adheres to an intermediate core-plus bond strategy, which allows it to hold a mix of investment-grade and, to a limited extent, below investment-grade bonds, including both U.S. and foreign issuers. Notably, under normal conditions, no more than 30% of its assets are allocated to below investment-grade securities, while at least 70% remain in investment-grade holdings. The average weighted maturity of its bond holdings typically falls between five and twenty years, providing a blend of short- to long-term exposure. With thousands of securities in its portfolio, the fund seeks to enhance yield and diversification by actively managing risk across various bond sectors. Its consistent monthly dividend payouts, competitive yield, and emphasis on prudent credit selection position it as a core holding for investors seeking reliable income within the fixed-income market.
Fund Family JPMorgan
Category Intermediate Core-Plus Bond
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol JCPQX
Share Class Class R4
Index Bloomberg U.S. Aggregate Bond TR
JCPQX had a total return of 2.54% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.16%.
