About OBDCX
JPMorgan Core Plus Bond Fund Class C is a diversified mutual fund focused on generating a high level of current income primarily through investments in a broad range of debt securities. The fund holds a mix of high-, medium-, and low-grade bonds, incorporating U.S. Treasuries, corporate bonds, mortgage-backed securities (MBS), asset-backed securities (ABS), and government agency-backed bonds. Distinctive for its flexible "core plus" approach, the fund augments a base of investment-grade bonds with select allocations to higher-yield and off-benchmark sectors, such as specified pools of mortgage-backed and call-protected commercial mortgage-backed securities, as well as selected segments of high-yield debt. These allocations aim to enhance yield and manage risk through active sector rotation and yield curve positioning. The portfolio is actively managed, adjusting risk exposure in response to economic outlooks and interest rate trends, with an effective duration around six years. The fund is positioned within the intermediate core-plus bond category, playing a significant role for investors seeking income and diversification in their fixed income portfolios by balancing stability with measured exposure to higher-risk opportunities.
Fund Family JPMorgan
Category Intermediate Core-Plus Bond
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol OBDCX
Share Class Class C
Index Bloomberg U.S. Aggregate Bond TR
OBDCX had a total return of 8.39% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.21%.
