JPMorgan Floating Rate Income Fund Class A (JPHAX)
| Fund Assets | 210.08M |
| Expense Ratio | 1.00% |
| Min. Investment | $1,000 |
| Turnover | 44.00% |
| Dividend (ttm) | 0.69 |
| Dividend Yield | 8.47% |
| Dividend Growth | 6.09% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 25, 2025 |
| Previous Close | 8.10 |
| YTD Return | 0.93% |
| 1-Year Return | 0.34% |
| 5-Year Return | 21.76% |
| 52-Week Low | 7.80 |
| 52-Week High | 8.15 |
| Beta (5Y) | n/a |
| Holdings | 226 |
| Inception Date | Jun 1, 2011 |
About JPHAX
JPMorgan Floating Rate Income Fund Class A is an actively managed mutual fund focused on **floating rate corporate debt**. Its primary objective is to provide **current income**, with a secondary goal of **capital appreciation**. The fund typically invests at least 80% of its assets in floating rate instruments such as senior loans, convertible securities, corporate bonds, preferred shares, and other floating rate obligations issued mainly by corporations. It can allocate up to 100% of assets to below-investment-grade or unrated securities deemed of comparable quality, positioning it within the bank loan category. The strategy may also include a modest allocation to non-U.S. dollar securities, including those from emerging markets, offering exposure beyond domestic issuers. By emphasizing instruments whose coupons adjust with short-term benchmarks, the fund aims to participate in income opportunities across the corporate credit spectrum while reflecting market conditions in its interest payments. Managed by JPMorgan, it plays a role in the fixed income space as a specialized vehicle targeting the floating rate segment of the credit market.
Performance
JPHAX had a total return of 0.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.06%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFHCX | Fidelity | Fidelity Series Floating Rate High Income Fund | n/a |
Top 10 Holdings
17.36% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan U.S. Government Money Market Fund | IJGXX | 6.12% |
| Invesco Senior Loan ETF | BKLN | 3.03% |
| FNMA | FN.667852 | 1.34% |
| Genesys Cloud Services, | n/a | 1.26% |
| Moran Foods, Llc | n/a | 1.20% |
| Wec Us Holdings Ltd. | n/a | 1.12% |
| CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.5% | CHTR.4.5 08.15.30 144A | 0.93% |
| Ukg Inc. | n/a | 0.80% |
| Iheartcommunications Inc. | n/a | 0.79% |
| Clear Channel Outdoor Ho | n/a | 0.78% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 25, 2025 | $0.04434 | Nov 26, 2025 |
| Oct 29, 2025 | $0.04732 | Oct 30, 2025 |
| Sep 26, 2025 | $0.0468 | Sep 29, 2025 |
| Aug 27, 2025 | $0.04777 | Aug 28, 2025 |
| Jul 29, 2025 | $0.04756 | Jul 30, 2025 |
| Jun 26, 2025 | $0.05036 | Jun 27, 2025 |