About OGHCX
JPMorgan High Yield Fund Class C is a mutual fund in the high yield bond category that primarily invests in a diversified portfolio of below-investment-grade debt securities to seek a high level of current income, with capital appreciation as a secondary objective. Managed by an experienced team led by Rob Cook since 2019, alongside comanagers Thomas Hauser and Jeffrey Lovell, the fund employs a collaborative approach emphasizing fundamental credit analysis, sector-focused research, and downside protection through diversification and liquidity risk models. It benchmarks against the ICE BofA US High Yield Constrained Index, with strategic overweightings in sectors like consumer noncyclical and communications, while underweighting financials, and flexibility to include senior secured bank loans comprising 4-9% of assets. Notable features include a net expense ratio of approximately 1.35-1.39%, a TTM yield around 6.14%, effective duration of 2.31 years, low credit quality with limited interest rate sensitivity, and a minimum initial investment of $1,000. With total assets exceeding $6.9 billion and a Morningstar Neutral rating, the fund provides broad exposure to U.S. high-yield bonds, focusing on issuers with strong free cash flow in a portfolio of over 850 holdings.
Fund Family JPMorgan
Category High Yield Bond
Performance Rating Below Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol OGHCX
Share Class Class C
Index ICE BofA US High Yield Constrained TR
OGHCX had a total return of 1.01% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.59%.
