About JGIAX
JPMorgan Income Fund Class A is a multisector bond mutual fund designed to generate income as its primary goal, with a secondary aim of capital appreciation. Actively managed since its inception in 2014, the fund invests opportunistically across diverse debt markets and sectors, including both U.S. and foreign fixed and floating rate securities. Its strategy emphasizes building a portfolio with low correlations among holdings to help manage risk, focusing on high-yield corporate and securitized debt, such as agency mortgage-backed securities, non-agency mortgage-backed securities, commercial mortgage-backed securities, and asset-backed securities. Over recent years, the fund has increased its allocation to securitized assets while moderating credit risk, reflecting a cautious approach to changing market environments. The fund is known for its consistent, above-average income generation compared to peers within the multisector bond segment and typically pays monthly dividends, making it significant for income-focused investors seeking diversified fixed income exposure. Managed by J.P. Morgan Asset Management, the fund is notable for its large asset base, active approach, and propensity to rebalance exposure across interest rate and credit sectors as economic conditions shift.
Fund Family JPMorgan
Category Multisector Bond
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol JGIAX
Share Class Class A
Index Bloomberg U.S. Aggregate Bond TR
JGIAX had a total return of 2.04% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.53%.
