JPMorgan Floating Rate Income Fund Class A (JPHAX)
| Fund Assets | 171.15M |
| Expense Ratio | 1.00% |
| Min. Investment | $1,000 |
| Turnover | 44.00% |
| Dividend (ttm) | 0.58 |
| Dividend Yield | 7.28% |
| Dividend Growth | -20.87% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 25, 2026 |
| Previous Close | 7.78 |
| YTD Return | -0.12% |
| 1-Year Return | 0.37% |
| 5-Year Return | 19.61% |
| 52-Week Low | 7.72 |
| 52-Week High | 8.28 |
| Beta (5Y) | n/a |
| Holdings | 223 |
| Inception Date | Jun 1, 2011 |
About JPHAX
JPMorgan Floating Rate Income Fund Class A is a mutual fund that primarily seeks to provide current income, with a secondary objective of capital appreciation. It invests mainly in floating rate debt instruments issued by corporations, normally allocating at least 80% of its assets to such securities. These instruments adjust their interest rates based on changes in benchmark rates, offering protection against rising interest rates while maintaining sensitivity to credit market conditions. The fund focuses on the bank loan category, emphasizing lower credit quality and limited interest rate sensitivity, with holdings including corporate loans, securitized debt, and cash equivalents. Notable features include an overweight position in BB-rated bonds and corporate debt compared to peers, managed by an experienced team led by James P. Shanahan. As a front-load share class, it caters to investors seeking income from floating rate loans in the fixed income market. Managed by J.P. Morgan Asset Management, headquartered in the United States, the fund plays a role in providing diversified exposure to senior loans and floating rate securities for income-oriented portfolios.
Performance
JPHAX had a total return of 0.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.21%.
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 |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 25, 2026 | $0.0499 | Feb 26, 2026 |
| Jan 28, 2026 | $0.04084 | Jan 29, 2026 |
| Dec 29, 2025 | $0.04687 | Dec 29, 2025 |
| Nov 25, 2025 | $0.04434 | Nov 26, 2025 |
| Oct 29, 2025 | $0.04732 | Oct 30, 2025 |
| Sep 26, 2025 | $0.0468 | Sep 29, 2025 |