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Trending ETFs

JPMorgan Short Duration Bond Fund

mutual fund
OSTCX
Payout Change
Pending
Price as of:
$10.87 -0.01 -0.09%
primary theme
U.S. Short-Term Bond Duration
share class
C (OSTCX) A (OGLVX) I (HLLVX) R6 (JSDUX)
OSTCX (Mutual Fund)

JPMorgan Short Duration Bond Fund

Payout Change
Pending
Price as of:
$10.87 -0.01 -0.09%
primary theme
U.S. Short-Term Bond Duration
share class
C (OSTCX) A (OGLVX) I (HLLVX) R6 (JSDUX)
OSTCX (Mutual Fund)

JPMorgan Short Duration Bond Fund

Payout Change
Pending
Price as of:
$10.87 -0.01 -0.09%
primary theme
U.S. Short-Term Bond Duration
share class
C (OSTCX) A (OGLVX) I (HLLVX) R6 (JSDUX)

Name

As of 11/22/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

JPMorgan Short Duration Bond Fund

OSTCX | Fund

$10.87

$7.56 B

3.49%

$0.38

1.33%

Vitals

YTD Return

3.7%

1 yr return

5.6%

3 Yr Avg Return

1.2%

5 Yr Avg Return

1.3%

Net Assets

$7.56 B

Holdings in Top 10

27.7%

52 WEEK LOW AND HIGH

$10.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.33%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 83.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 11/22/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

JPMorgan Short Duration Bond Fund

OSTCX | Fund

$10.87

$7.56 B

3.49%

$0.38

1.33%

OSTCX - Profile

Distributions

  • YTD Total Return 3.7%
  • 3 Yr Annualized Total Return 1.2%
  • 5 Yr Annualized Total Return 1.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.13%
DIVIDENDS
  • Dividend Yield 3.5%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    JPMorgan Short Duration Bond Fund
  • Fund Family Name
    JPMorgan Funds
  • Inception Date
    Dec 18, 2001
  • Shares Outstanding
    2258395
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Toby Maczka

Fund Description

As part of its main investment strategy, the Fund may principally invest in U.S. treasury obligations, U.S. government agency securities, corporate bonds, asset-backed securities, mortgage-backed securities, mortgage-related securities, and structured instruments. These investments may be structured as collateralized mortgage obligations (agency and non-agency), commercial mortgage-backed securities and mortgage pass-through securities. U.S. government agency securities may be issued or guaranteed by the Government National Mortgage Association (Ginnie Mae), the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac).Under normal circumstances, the Fund invests at least 80% of its Assets in bonds. For purposes of this policy, “Assets” means net assets plus the amount of borrowings for investment purposes. The Fund seeks to maintain a duration of three years or less, although under certain market conditions such as in periods of significant volatility in interest rates and spreads, the Fund’s duration may be longer than three years. Duration is a measure of price sensitivity of a debt security or a portfolio of debt securities to relative changes in interest rates. For instance, a duration of “three years” means that a security’s or portfolio’s price would be expected to decrease by approximately 3% with a 1% increase in interest rates (assuming a parallel shift in yield curve). Consistent with the Fund’s short duration strategy, the Fund’s effective average weighted maturity ordinarily will be three years or less taking into account expected amortization and prepayment of principal on certain investments. The Fund may have a longer or shorter average weighted maturity under certain market conditions and the Fund may shorten or lengthen its average weighted maturity if deemed appropriate for temporary defensive purposes. Because of the Fund’s holdings in asset-backed, mortgage-backed and similar securities, the Fund’s average weighted maturity is equivalent to the average weighted maturity of the cash flows in the securities held by the Fund given certain prepayment assumptions (also known as weighted average life).Securities purchased by the Fund will be rated investment grade (or the unrated equivalent) at the time of purchase. In addition, all securities will be U.S. dollar-denominated although they may be issued by a foreign corporation or a U.S. affiliate of a foreign corporation or a foreign government or its agencies and instrumentalities. The Fund may invest a significant portion or all of its assets in mortgage-related and mortgage-backed securities at the adviser’s discretion. The Fund expects to invest less than 5% of its assets in “sub-prime” mortgage-related securities at the time of purchase.The adviser buys and sells securities and investments for the Fund based on its view of individual securities and market sectors. The adviser looks for individual fixed income investments that it believes will perform well over market cycles. The adviser is value oriented and makes decisions to purchase and sell individual securities and instruments after performing a risk/reward analysis that includes an evaluation of interest rate risk, credit risk, duration, liquidity, legal provisions and the structure of the transaction. As part of its security selection process, the adviser seeks to assess the impact of environmental, social and governance (ESG) factors on certain issuers in the universe in which the Fund may invest. The adviser’s assessment is based on an analysis of key opportunities and risks across industries to seek to identify financially material issues with respect to the Fund’s investments in issuers and ascertain key issues that merit engagement with issuers. These assessments may not be conclusive and securities of issuers that may be negatively impacted by such factors may be purchased and retained by the Fund while the Fund may divest or not invest in securities of issuers that may be positively impacted by such factors.
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OSTCX - Performance

Return Ranking - Trailing

Period OSTCX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.7% 0.0% 18.6% 78.29%
1 Yr 5.6% 2.2% 21.1% 81.14%
3 Yr 1.2%* -5.4% 5.4% 65.38%
5 Yr 1.3%* -4.0% 5.6% 70.41%
10 Yr 1.0%* -18.8% 170.4% 88.35%

* Annualized

Return Ranking - Calendar

Period OSTCX Return Category Return Low Category Return High Rank in Category (%)
2023 2.4% -1.6% 7.6% 34.92%
2022 -5.1% -17.7% -2.6% 7.57%
2021 -1.2% -4.0% 4.4% 20.36%
2020 2.4% -7.1% 7.6% 34.49%
2019 1.8% -2.3% 9.3% 61.18%

Total Return Ranking - Trailing

Period OSTCX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.7% 0.0% 18.6% 78.29%
1 Yr 5.6% 2.2% 21.1% 81.14%
3 Yr 1.2%* -5.4% 5.4% 65.38%
5 Yr 1.3%* -4.0% 5.6% 70.41%
10 Yr 1.0%* -18.8% 170.4% 88.35%

* Annualized

Total Return Ranking - Calendar

Period OSTCX Return Category Return Low Category Return High Rank in Category (%)
2023 4.7% 1.8% 15.2% 81.30%
2022 -4.4% -17.3% -1.3% 37.86%
2021 -0.8% -2.7% 7.7% 79.84%
2020 3.7% -2.4% 14.5% 65.51%
2019 3.4% 0.6% 12.6% 89.87%

NAV & Total Return History

OSTCX - Holdings

Concentration Analysis

OSTCX Category Low Category High OSTCX % Rank
Net Assets 7.56 B 14.5 K 57.3 B 15.02%
Number of Holdings 1514 2 8314 10.46%
Net Assets in Top 10 2.53 B 1.05 M 6.81 B 14.07%
Weighting of Top 10 27.69% 2.0% 108.1% 39.35%

Top 10 Holdings

  1. U.S. Treasury Notes 4.05%
  2. U.S. Treasury Bills 3.70%
  3. U.S. Treasury Notes 3.62%
  4. JPMorgan U.S. Government Money Market Fund, Class Institutional 3.27%
  5. U.S. Treasury Notes 3.20%
  6. U.S. Treasury Notes 2.76%
  7. U.S. Treasury Notes 2.65%
  8. U.S. Treasury Notes 1.97%
  9. U.S. Treasury Notes 1.59%
  10. U.S. Treasury Notes 0.89%

Asset Allocation

Weighting Return Low Return High OSTCX % Rank
Bonds 		71.30% 0.00% 129.40% 78.52%
Other 		20.94% -0.97% 71.57% 19.58%
Cash 		7.76% -20.59% 68.64% 20.34%
Convertible Bonds 		6.47% 0.00% 27.71% 5.71%
Stocks 		0.00% 0.00% 99.96% 50.38%
Preferred Stocks 		0.00% 0.00% 24.12% 46.77%

Bond Sector Breakdown

Weighting Return Low Return High OSTCX % Rank
Securitized 		44.95% 0.00% 97.27% 15.24%
Corporate 		34.05% 0.00% 99.82% 60.00%
Government 		16.61% 0.00% 73.63% 52.19%
Cash & Equivalents 		7.20% 0.00% 68.64% 21.67%
Derivative 		0.04% -0.44% 25.70% 30.42%
Municipal 		0.00% 0.00% 14.41% 72.19%

Bond Geographic Breakdown

Weighting Return Low Return High OSTCX % Rank
US 		71.30% 0.00% 126.86% 77.57%
Non US 		0.00% 0.00% 82.20% 46.96%

OSTCX - Expenses

Operational Fees

OSTCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.33% 0.01% 3.29% 15.46%
Management Fee 0.22% 0.00% 1.19% 18.63%
12b-1 Fee 0.75% 0.00% 1.00% 78.97%
Administrative Fee 0.08% 0.01% 0.41% 45.54%

Sales Fees

OSTCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load 1.00% 0.50% 4.00% 28.57%

Trading Fees

OSTCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

OSTCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 83.00% 2.00% 500.00% 55.58%

OSTCX - Distributions

Dividend Yield Analysis

OSTCX Category Low Category High OSTCX % Rank
Dividend Yield 3.49% 0.00% 11.11% 94.49%

Dividend Distribution Analysis

OSTCX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

OSTCX Category Low Category High OSTCX % Rank
Net Income Ratio 0.13% -1.27% 4.98% 92.84%

Capital Gain Distribution Analysis

OSTCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

OSTCX - Fund Manager Analysis

Managers

Toby Maczka

Start Date

Tenure

Tenure Rank

Mar 27, 2019

3.18

3.2%

Toby Maczka, executive director, is a member of the Global Fixed Income, Currency & Commodities (GFICC) group. Based in Columbus, Toby is a portfolio manager on the Short Duration Team which is responsible for multi-sector investment strategies including short-core, short-core plus, short-custom solutions, and stable value. An employee since 2002, Toby previously was a corporate credit analyst with the firm, and at AEP Energy Services. Toby holds a B.A. in business administration from Taylor University, an M.B.A. from The Ohio State University and is a CFA charterholder.

Cary Fitzgerald

Start Date

Tenure

Tenure Rank

Sep 04, 2019

2.74

2.7%

Cary Fitzgerald, managing director, is a member of the Global Fixed Income, Currency & Commodities (GFICC) group. Based in New York, Cary is the head of the Short Duration Team which is responsible for multi-sector investment strategies including short-core, short-core plus, short-custom solutions, and stable value. An employee since 2000, Cary previously worked on the Fixed Income Client Portfolio Management Team in the Private Bank and as an analyst within the Internal Consulting Services (ICS) Leadership Development Program. Cary holds a B.B.A. from the College of William and Mary.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 28.77 6.19 2.41

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