About JIBEX
Johnson Institutional Intermediate Bond Fund Class I is an actively managed mutual fund focused on investment‑grade U.S. fixed income. Its primary objective is to deliver a high level of income over the long term while emphasizing preservation of capital, positioning the portfolio’s risk, return, and income characteristics to align with bonds in the three‑ to five‑year range. The fund maintains a diversified mix of government, government‑related, corporate, and securitized debt, with a philosophy that fixed income should anchor portfolios and provide reliable compounding income. Management applies strict credit discipline, overweights lower‑beta, shorter‑duration credit, and uses longer‑duration U.S. government securities as a liquidity and hedging tool, targeting a neutral duration slightly longer than its intermediate government/credit benchmark. As of late 2024, the fund reported an effective duration near four years and a 30‑day SEC yield for Class I reflecting its income focus. Established in 2000 and managed by a seasoned team at Johnson Investment Counsel, it sits within the U.S. intermediate core bond category, aiming to balance income generation with measured interest‑rate and credit risk across market cycles.
Fund Family Johnson Mutual Funds
Category Intermediate Core Bond
Performance Rating High
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol JIBEX
Share Class Class I
Index Bloomberg Intermediate US Govt/Credit TR
JIBEX had a total return of -0.96% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.06%.
