About JSIMX
JPMorgan Unconstrained Debt Fund is an actively managed mutual fund focused on delivering long‑term total return through a flexible, multi‑sector fixed income approach. The strategy invests at least 80% of assets in debt securities and allocates opportunistically across investment‑grade and high‑yield corporates, securitized assets such as asset‑backed and mortgage‑backed securities, emerging market debt, convertibles, and cash equivalents. Its unconstrained mandate allows the portfolio to shift allocations and manage duration dynamically as market conditions evolve, seeking diversified sources of return beyond traditional benchmarks. The fund is led by a seasoned team spanning global credit, securitized products, rates, and emerging markets, integrating local insights with global macro perspectives to form high‑conviction ideas. Recent portfolio characteristics highlight meaningful exposure to investment‑grade corporates and mortgage‑related sectors, with a broad distribution across credit qualities from AAA to below investment grade, reflecting a balanced risk posture. Within the nontraditional bond category, it is positioned as a core diversifier for fixed income allocations, aiming to navigate varied interest‑rate and credit cycles while maintaining a disciplined, research‑driven process.
Fund Family JPMorgan
Category Nontraditional Bond
Stock Exchange NASDAQ
Ticker Symbol JSIMX
Share Class Class R6
Index Bloomberg U.S. Aggregate Bond TR
JSIMX had a total return of 4.40% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.53%.
