| |
1 | |
6 | |
14 | |
21 | |
27 | |
34 | |
42 | |
47 | |
54 | |
63 | |
68 | |
73 | |
81 | |
90 | |
98 | |
107 | |
107 | |
129 | |
144 | |
144 | |
145 | |
145 |
145 | |
145 | |
146 | |
153 | |
153 | |
158 | |
165 | |
168 | |
169 | |
172 | |
172 | |
174 | |
175 | |
177 | |
177 | |
179 | |
180 | |
188 | |
218 | |
226 | |
Back
cover |
| |||
|
Class
A |
Class
C |
Class
I |
Maximum
Sales Charge (Load)
Imposed
on Purchases as a % of the
Offering
Price |
|
|
|
Maximum
Deferred Sales Charge
(Load)
as a % of Original Cost of the
Shares |
1
|
|
|
| |||
|
Class
A |
Class
C |
Class
I |
Management
Fees |
|
|
|
Distribution
(Rule 12b-1)
Fees |
|
|
|
Other
Expenses |
|
|
|
Service
Fees |
|
|
|
Remainder
of Other
Expenses |
|
|
|
Acquired
Fund Fees and
Expenses |
|
|
|
Total
Annual Fund Operat-
ing
Expenses |
|
|
|
Fee
Waivers and/or Expense
Reimbursements
1 |
- |
- |
- |
Total
Annual Fund Operat-
ing
Expenses after Fee
Waivers
and/or Expense
Reimbursements
1 |
|
|
|
| ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
|
|
|
|
CLASS
C SHARES ($) |
|
|
|
|
CLASS
I SHARES ($) |
|
|
|
|
| ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
|
|
|
|
CLASS
C SHARES ($) |
|
|
|
|
CLASS
I SHARES ($) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
CLASS
I SHARES |
|
|
|
Return
Before Taxes |
% |
% |
% |
Return
After Taxes on Distributions |
|
|
|
Return
After Taxes on Distributions and
Sale
of Fund Shares |
|
|
|
CLASS
A SHARES |
|
|
|
Return
Before Taxes |
|
|
|
CLASS
C SHARES |
|
|
|
Return
Before Taxes |
|
|
|
BLOOMBERG
U.S. AGGREGATE INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
|
|
|
Portfolio
Manager |
Managed
Fund
Since |
Primary
Title with
Investment
Adviser |
Richard
D. Figuly |
2015 |
Managing
Director |
Justin
Rucker |
2019 |
Managing
Director |
Andrew
Melchiorre |
2023 |
Managing
Director |
Edward
Fitzpatrick III |
2023 |
Managing
Director |
For
Class A and Class C Shares |
|
To
establish an account |
$1,000 |
To
add to an account |
$50 |
For
Class I Shares |
|
To
establish an account |
$1,000,000 |
To
add to an account |
No
minimum levels |
| |||
|
Class
A |
Class
C |
Class
I |
Maximum
Sales Charge (Load)
Imposed
on Purchases as a % of the
Offering
Price |
|
|
|
Maximum
Deferred Sales Charge
(Load)
as % of Original Cost of the
Shares |
1
|
|
|
| |||
|
Class
A |
Class
C |
Class
I |
Management
Fees |
|
|
|
Distribution
(Rule 12b-1)
Fees |
|
|
|
Other
Expenses |
|
|
|
Service
Fees |
|
|
|
Remainder
of Other
Expenses |
|
|
|
Acquired
Fund Fees and
Expenses |
|
|
|
Total
Annual Fund Operat-
ing
Expenses |
|
|
|
Fee
Waivers and/or Expense
Reimbursements
1 |
- |
- |
- |
Total
Annual Fund Operat-
ing
Expenses after Fee
Waivers
and/or Expense
Reimbursements
1 |
|
|
|
| ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
|
|
|
|
CLASS
C SHARES ($) |
|
|
|
|
CLASS
I SHARES ($) |
|
|
|
|
| ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
|
|
|
|
CLASS
C SHARES ($) |
|
|
|
|
CLASS
I SHARES ($) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
CLASS
I SHARES |
|
|
|
Return
Before Taxes |
% |
% |
% |
Return
After Taxes on Distributions |
|
|
|
Return
After Taxes on Distributions and
Sale
of Fund Shares |
|
|
|
CLASS
A SHARES |
|
|
|
Return
Before Taxes |
|
|
|
CLASS
C SHARES |
|
|
|
Return
Before Taxes |
|
|
|
BLOOMBERG
U.S. AGGREGATE INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
|
|
|
Portfolio
Manager |
Managed
Fund
Since |
Primary
Title with
Investment
Adviser |
Richard
D. Figuly |
2006 |
Managing
Director |
J.
Andrew Norelli |
2014 |
Managing
Director |
Lisa
Coleman |
2020 |
Managing
Director |
Thomas
Hauser |
2020 |
Managing
Director |
Kay
Herr |
2023 |
Managing
Director |
Priya
Misra |
2024 |
Managing
Director |
Purchase
minimums | |
For
Class A and Class C Shares | |
To
establish an account |
$1,000 |
To
add to an account |
$50 |
For
Class I Shares | |
To
establish an account |
$1,000,000 |
To
add to an account |
No
minimum levels |
SHAREHOLDER
FEES (Fees
paid directly from your investment) | |||
|
Class
A |
Class
C |
Class
I |
Maximum
Sales Charge (Load)
Imposed
on Purchases as a % of
the
Offering Price |
3.75% |
NONE |
NONE |
Maximum
Deferred Sales Charge
(Load)
as a % of Original Cost of
the
Shares |
NONE1
|
1.00% |
NONE |
ANNUAL
FUND OPERATING EXPENSES
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |||
|
Class
A |
Class
C |
Class
I |
Management
Fees |
0.30% |
0.30% |
0.30% |
Distribution
(Rule 12b-1)
Fees |
0.25 |
0.75 |
NONE |
Other
Expenses |
0.48 |
0.49 |
0.48 |
Service
Fees |
0.25 |
0.25 |
0.25 |
Remainder
of Other
Expenses |
0.23 |
0.24 |
0.23 |
Acquired
Fund Fees and
Expenses |
0.01 |
0.01 |
0.01 |
Total
Annual Fund Operating
Expenses |
1.04 |
1.55 |
0.79 |
Fee
Waivers and/or Expense
Reimbursements
1 |
-0.29 |
-0.30 |
-0.29 |
Total
Annual Fund Operating
Expenses
after Fee Waivers
and/or
Expense Reimburse-
ments
1 |
0.75 |
1.25 |
0.50 |
IF
YOU SELL YOUR SHARES, YOUR COST WOULD BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
449 |
666 |
900 |
1,573 |
CLASS
C SHARES ($) |
227 |
460 |
816 |
1,683 |
CLASS
I SHARES ($) |
51 |
223 |
410 |
951 |
IF
YOU DO NOT SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
449 |
666 |
900 |
1,573 |
CLASS
C SHARES ($) |
127 |
460 |
816 |
1,683 |
CLASS
I SHARES ($) |
51 |
223 |
410 |
951 |
YEAR-BY-YEAR
RETURNS — CLASS I SHARES |
Best
Quarter |
2nd
quarter, 2020 |
8.60% |
Worst
Quarter |
2nd
quarter, 2022 |
-7.96% |
The
Fund’s year-to-date total return |
through |
3/31/24 |
was |
0.15% |
. |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2023) | |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
CLASS
I SHARES |
|
|
|
Return
Before Taxes |
8.94
% |
2.84
% |
3.18
% |
Return
After Taxes on Distributions |
7.03 |
1.00 |
1.39 |
Return
After Taxes on Distributions and
Sale
of Fund Shares |
5.23 |
1.47 |
1.72 |
CLASS
A SHARES |
|
|
|
Return
Before Taxes |
4.67 |
1.81 |
2.53 |
CLASS
C SHARES |
|
|
|
Return
Before Taxes |
7.18 |
2.10 |
2.52 |
BLOOMBERG
U.S. AGGREGATE INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
5.53 |
1.10 |
1.81 |
BLOOMBERG
U.S. CORPORATE INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
8.52 |
2.63 |
2.95 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Lisa
Coleman |
2013 |
Managing
Director |
Lorenzo
Napolitano |
2016 |
Executive
Director |
Raymond
Keiser |
2019 |
Executive
Director |
For
Class A and Class C Shares |
|
To
establish an account |
$1,000 |
To
add to an account |
$50 |
For
Class I Shares |
|
To
establish an account |
$1,000,000 |
To
add to an account |
No
minimum levels |
SHAREHOLDER
FEES (Fees
paid directly from your investment) | |||
|
Class
A |
Class
C |
Class
I |
Maximum
Sales Charge (Load)
Imposed
on Purchases as a % of
the
Offering Price |
3.75% |
NONE |
NONE |
Maximum
Deferred Sales Charge
(Load)
as a % of Original Cost of
the
Shares |
NONE1
|
1.00% |
NONE |
ANNUAL
FUND OPERATING EXPENSES
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |||
|
Class
A |
Class
C |
Class
I |
Management
Fees |
0.65% |
0.65% |
0.65% |
Distribution
(Rule 12b-1)
Fees |
0.25 |
0.75 |
NONE |
Other
Expenses |
0.41 |
0.47 |
0.41 |
Service
Fees |
0.25 |
0.25 |
0.25 |
Remainder
of Other
Expenses |
0.16 |
0.22 |
0.16 |
Acquired
Fund Fees and
Expenses |
0.01 |
0.01 |
0.01 |
Total
Annual Fund Operating
Expenses |
1.32 |
1.88 |
1.07 |
Fee
Waivers and/or Expense
Reimbursements
1 |
-0.27 |
-0.33 |
-0.27 |
Total
Annual Fund Operating
Expenses
after Fee Waivers
and/or
Expense Reimburse-
ments
1 |
1.05 |
1.55 |
0.80 |
IF
YOU SELL YOUR SHARES, YOUR COST WOULD BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
478 |
752 |
1,046 |
1,883 |
CLASS
C SHARES ($) |
258 |
559 |
986 |
2,028 |
CLASS
I SHARES ($) |
82 |
314 |
564 |
1,281 |
IF
YOU DO NOT SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
478 |
752 |
1,046 |
1,883 |
CLASS
C SHARES ($) |
158 |
559 |
986 |
2,028 |
CLASS
I SHARES ($) |
82 |
314 |
564 |
1,281 |
YEAR-BY-YEAR
RETURNS — CLASS I SHARES |
Best
Quarter |
2nd
quarter, 2020 |
14.85% |
Worst
Quarter |
1st
quarter, 2020 |
-17.29% |
The
Fund’s year-to-date total return |
through |
3/31/24 |
was |
2.48% |
. |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2023) | |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
CLASS
I SHARES |
|
|
|
Return
Before Taxes |
10.17
% |
0.82
% |
1.96
% |
Return
After Taxes on Distributions |
7.64 |
-1.17 |
-0.01 |
Return
After Taxes on Distributions and
Sale
of Fund Shares |
5.92 |
-0.19 |
0.66 |
CLASS
A SHARES |
|
|
|
Return
Before Taxes |
5.78 |
-0.17 |
1.33 |
CLASS
C SHARES |
|
|
|
Return
Before Taxes |
8.38 |
0.08 |
1.29 |
J.P.
MORGAN EMERGING MARKETS
BOND
INDEX GLOBAL DIVERSIFIED
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
11.09 |
1.67 |
3.22 |
Portfolio
Manager |
Managed
Fund
Since |
Primary
Title with
Investment
Adviser |
Pierre-Yves
Bareau |
2009 |
Managing
Director |
Emil
Babayev |
2016 |
Managing
Director |
For
Class A and Class C Shares |
|
To
establish an account |
$1,000 |
To
add to an account |
$50 |
For
Class I Shares |
|
To
establish an account |
$1,000,000 |
To
add to an account |
No
minimum levels |
SHAREHOLDER
FEES (Fees
paid directly from your investment) | |||
|
Class
A |
Class
C |
Class
I |
Maximum
Sales Charge (Load)
Imposed
on Purchases as a % of the
Offering
Price of Shares |
2.25% |
NONE |
NONE |
Maximum
Deferred Sales Charge
(Load)
as a % of the Original Cost of
the
Shares |
NONE1
|
1.00% |
NONE |
ANNUAL
FUND OPERATING EXPENSES
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |||
|
Class
A |
Class
C |
Class
I |
Management
Fees |
0.55% |
0.55% |
0.55% |
Distribution
(Rule 12b-1)
Fees |
0.25 |
0.75 |
NONE |
Other
Expenses |
0.49 |
0.51 |
0.48 |
Service
Fees |
0.25 |
0.25 |
0.25 |
Remainder
of Other
Expenses |
0.24 |
0.26 |
0.23 |
Acquired
Fund Fees and
Expenses |
0.01 |
0.01 |
0.01 |
Total
Annual Fund Operating
Expenses |
1.30 |
1.82 |
1.04 |
Fee
Waivers and/or Expense
Reimbursements
1 |
-0.30 |
-0.32 |
-0.29 |
Total
Annual Fund Operating
Expenses
after Fee Waivers
and/or
Expense Reimburse-
ments
1 |
1.00 |
1.50 |
0.75 |
IF
YOU SELL YOUR SHARES, YOUR COST WOULD BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
325 |
599 |
894 |
1,732 |
CLASS
C SHARES ($) |
253 |
541 |
955 |
1,975 |
CLASS
I SHARES ($) |
77 |
302 |
546 |
1,245 |
IF
YOU DO NOT SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
325 |
599 |
894 |
1,732 |
CLASS
C SHARES ($) |
153 |
541 |
955 |
1,975 |
CLASS
I SHARES ($) |
77 |
302 |
546 |
1,245 |
YEAR-BY-YEAR
RETURNS — CLASS I SHARES |
Best
Quarter |
2nd
quarter, 2020 |
9.16% |
Worst
Quarter |
1st
quarter, 2020 |
-13.10% |
The
Fund’s year-to-date total return |
through |
3/31/24 |
was |
2.02% |
. |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2023) | |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
CLASS
I SHARES |
|
|
|
Return
Before Taxes |
11.07
% |
4.29
% |
3.05
% |
Return
After Taxes on Distributions |
7.50 |
2.13 |
1.06 |
Return
After Taxes on Distributions and
Sale
of Fund Shares |
6.45 |
2.34 |
1.42 |
CLASS
A SHARES |
|
|
|
Return
Before Taxes |
8.32 |
3.57 |
2.40 |
CLASS
C SHARES |
|
|
|
Return
Before Taxes |
9.28 |
3.52 |
2.38 |
CREDIT
SUISSE LEVERAGED LOAN
INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
13.04 |
5.56 |
4.44 |
BLOOMBERG
U.S. AGGREGATE INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
5.53 |
1.10 |
1.81 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
James
P. Shanahan, Jr. |
2011 |
Managing
Director |
Alexander
Sammarco |
2019 |
Executive
Director |
Thomas
Davis |
2020 |
Executive
Director |
For
Class A and Class C Shares |
|
To
establish an account |
$1,000 |
To
add to an account |
$50 |
For
Class I Shares |
|
To
establish an account |
$1,000,000 |
To
add to an account |
No
minimum levels |
SHAREHOLDER
FEES (Fees
paid directly from your investment) | |||
|
Class
A |
Class
C |
Class
I |
Maximum
Sales Charge (Load)
Imposed
on Purchases as a % of the
Offering
Price |
3.75% |
NONE |
NONE |
Maximum
Deferred Sales Charge
(Load)
as a % of Original Cost of the
Shares |
NONE1
|
1.00% |
NONE |
ANNUAL
FUND OPERATING EXPENSES
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |||
|
Class
A |
Class
C |
Class
I |
Management
Fees |
0.45% |
0.45% |
0.45% |
Distribution
(Rule 12b-1)
Fees |
0.25 |
0.75 |
NONE |
Other
Expenses |
0.37 |
0.37 |
0.37 |
Service
Fees |
0.25 |
0.25 |
0.25 |
Remainder
of Other
Expenses |
0.12 |
0.12 |
0.12 |
Acquired
Fund Fees and
Expenses |
0.02 |
0.02 |
0.02 |
Total
Annual Fund Operating
Expenses |
1.09 |
1.59 |
0.84 |
Fee
Waivers and/or Expense
Reimbursements
1 |
-0.19 |
-0.29 |
-0.19 |
Total
Annual Fund Operating
Expenses
after Fee Waivers
and/or
Expense Reimburse-
ments
1 |
0.90 |
1.30 |
0.65 |
IF
YOU SELL YOUR SHARES, YOUR COST WOULD BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
463 |
690 |
936 |
1,637 |
CLASS
C SHARES ($) |
232 |
474 |
838 |
1,731 |
CLASS
I SHARES ($) |
66 |
249 |
447 |
1,020 |
IF
YOU DO NOT SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
463 |
690 |
936 |
1,637 |
CLASS
C SHARES ($) |
132 |
474 |
838 |
1,731 |
CLASS
I SHARES ($) |
66 |
249 |
447 |
1,020 |
YEAR-BY-YEAR
RETURNS — CLASS I SHARES |
Best
Quarter |
2nd
quarter, 2020 |
6.94% |
Worst
Quarter |
2nd
quarter, 2022 |
-6.56% |
The
Fund’s year-to-date total return |
through |
3/31/24 |
was |
0.17% |
. |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2023) | |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
CLASS
I SHARES |
|
|
|
Return
Before Taxes |
6.85
% |
3.93
% |
3.50
% |
Return
After Taxes on Distributions |
5.11 |
2.44 |
1.75 |
Return
After Taxes on Distributions and
Sale
of Fund Shares |
4.01 |
2.38 |
1.89 |
CLASS
A SHARES |
|
|
|
Return
Before Taxes |
2.59 |
2.90 |
2.85 |
CLASS
C SHARES |
|
|
|
Return
Before Taxes |
5.19 |
3.26 |
2.92 |
BLOOMBERG
MULTIVERSE INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
6.05 |
-0.13 |
0.53 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Bob
Michele |
2012 |
Managing
Director |
Iain
T. Stealey |
2012 |
Managing
Director |
Lisa
Coleman |
2020 |
Managing
Director |
Andrew
Headley |
2020 |
Managing
Director |
Jeff
Hutz |
2020 |
Managing
Director |
For
Class A and Class C Shares |
|
To
establish an account |
$1,000 |
To
add to an account |
$50 |
For
Class I Shares |
|
To
establish an account |
$1,000,000 |
To
add to an account |
No
minimum levels |
| |||
|
Class
A |
Class
C |
Class
I |
Maximum
Sales Charge (Load)
Imposed
on Purchases as a % of the
Offering
Price |
|
|
|
Maximum
Deferred Sales Charge
(Load)
as a % of Original Cost of the
Shares |
1
|
|
|
| |||
|
Class
A |
Class
C |
Class
I |
Management
Fees |
|
|
|
Distribution
(Rule 12b-1)
Fees |
|
|
|
Other
Expenses |
|
|
|
Service
Fees |
|
|
|
Remainder
of Other
Expenses |
|
|
|
Acquired
Fund Fees and
Expenses |
|
|
|
Total
Annual Fund Operating
Expenses |
|
|
|
Fee
Waivers and/or Expense
Reimbursements
1 |
- |
- |
- |
Total
Annual Fund Operating
Expenses
after Fee Waivers
and/or
Expense Reimburse-
ments
1 |
|
|
|
| ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
|
|
|
|
CLASS
C SHARES ($) |
|
|
|
|
CLASS
I SHARES ($) |
|
|
|
|
| ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
|
|
|
|
CLASS
C SHARES ($) |
|
|
|
|
CLASS
I SHARES ($) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
CLASS
I SHARES |
|
|
|
Return
Before Taxes |
% |
% |
% |
Return
After Taxes on Distributions |
|
- |
|
Return
After Taxes on Distributions and
Sale
of Fund Shares |
|
|
|
CLASS
A SHARES |
|
|
|
Return
Before Taxes |
|
- |
|
CLASS
C SHARES |
|
|
|
Return
Before Taxes |
|
- |
|
BLOOMBERG
U.S. GOVERNMENT BOND
INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
|
|
|
Portfolio
Manager |
Managed
Fund
Since |
Primary
Title with
Investment
Adviser |
Michael
Sais |
1996 |
Managing
Director |
Robert
Manning |
2013 |
Managing
Director |
For
Class A and Class C Shares |
|
To
establish an account |
$1,000 |
To
add to an account |
$50 |
For
Class I Shares |
|
To
establish an account |
$1,000,000 |
To
add to an account |
No
minimum levels |
| |||
|
Class
A |
Class
C |
Class
I |
Maximum
Sales Charge (Load)
Imposed
on Purchases as a % of the
Offering
Price |
|
|
|
Maximum
Deferred Sales Charge
(Load)
as % of Original Cost of the
Shares |
1
|
|
|
| |||
|
Class
A |
Class
C |
Class
I |
Management
Fees |
|
|
|
Distribution
(Rule 12b-1)
Fees |
|
|
|
Other
Expenses |
|
|
|
Service
Fees |
|
|
|
Remainder
of Other
Expenses |
|
|
|
Acquired
Fund Fees and
Expenses |
|
|
|
Total
Annual Fund Operating
Expenses |
|
|
|
Fee
Waivers and/or Expense
Reimbursements
1 |
- |
- |
- |
Total
Annual Fund Operating
Expenses
after Fee Waivers
and/or
Expense Reimburse-
ments
1 |
|
|
|
| ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
|
|
|
|
CLASS
C SHARES ($) |
|
|
|
|
CLASS
I SHARES ($) |
|
|
|
|
| ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
|
|
|
|
CLASS
C SHARES ($) |
|
|
|
|
CLASS
I SHARES ($) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
CLASS
I SHARES |
|
|
|
Return
Before Taxes |
% |
% |
% |
Return
After Taxes on Distributions |
|
|
|
Return
After Taxes on Distributions and
Sale
of Fund Shares |
|
|
|
CLASS
A SHARES |
|
|
|
Return
Before Taxes |
|
|
|
CLASS
C SHARES |
|
|
|
Return
Before Taxes |
|
|
|
ICE
BOFA US HIGH YIELD
CONSTRAINED
INDEX1
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
|
|
|
BLOOMBERG
U.S. CORPORATE HIGH
YIELD
- 2% ISSUER CAPPED INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
|
|
|
Portfolio
Manager |
Managed
Fund
Since |
Primary
Title with
Investment
Adviser |
Robert
Cook |
2019 |
Managing
Director |
James
P. Shanahan, Jr. |
1998 |
Managing
Director |
Thomas
Hauser |
2019 |
Managing
Director |
Jeffrey
Lovell |
2019 |
Managing
Director |
For
Class A and Class C Shares |
|
To
establish an account |
$1,000 |
To
add to an account |
$50 |
For
Class I Shares |
|
To
establish an account |
$1,000,000 |
To
add to an account |
No
minimum levels |
SHAREHOLDER
FEES (Fees
paid directly from your investment) | |||
|
Class
A |
Class
C |
Class
I |
Maximum
Sales Charge (Load)
Imposed
on Purchases as a % of
the
Offering Price |
3.75% |
NONE |
NONE |
Maximum
Deferred Sales Charge
(Load)
as a % of Original Cost of
the
Shares |
NONE1
|
1.00% |
NONE |
ANNUAL
FUND OPERATING EXPENSES
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |||
|
Class
A |
Class
C |
Class
I |
Management
Fees |
0.30% |
0.30% |
0.30% |
Distribution
(Rule 12b-1)
Fees |
0.25 |
0.75 |
NONE |
Other
Expenses |
0.35 |
0.35 |
0.34 |
Service
Fees |
0.25 |
0.25 |
0.25 |
Remainder
of Other
Expenses |
0.10 |
0.10 |
0.09 |
Total
Annual Fund Operating
Expenses |
0.90 |
1.40 |
0.64 |
Fee
Waivers and/or Expense
Reimbursements
1 |
-0.25 |
-0.20 |
-0.24 |
Total
Annual Fund Operating
Expenses
after Fee Waivers
and/or
Expense Reimburse-
ments
1 |
0.65 |
1.20 |
0.40 |
IF
YOU SELL YOUR SHARES, YOUR COST WOULD BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
439 |
627 |
831 |
1,419 |
CLASS
C SHARES ($) |
222 |
423 |
747 |
1,526 |
CLASS
I SHARES ($) |
41 |
181 |
333 |
776 |
IF
YOU DO NOT SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
439 |
627 |
831 |
1,419 |
CLASS
C SHARES ($) |
122 |
423 |
747 |
1,526 |
CLASS
I SHARES ($) |
41 |
181 |
333 |
776 |
YEAR-BY-YEAR
RETURNS — CLASS I SHARES |
Best
Quarter |
2nd
quarter, 2020 |
8.79% |
Worst
Quarter |
1st
quarter, 2020 |
-11.35% |
The
Fund’s year-to-date total return |
through |
3/31/24 |
was |
1.69% |
. |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2023) | |||
|
Past |
Past |
Life
of Fund
since |
|
1
Year |
5
Years |
06/02/2014 |
CLASS
I SHARES |
|
|
|
Return
Before Taxes |
7.06
% |
3.22
% |
3.25
% |
Return
After Taxes on Distributions |
4.74 |
1.22 |
1.09 |
Return
After Taxes on Distributions
and
Sale of Fund Shares |
4.12 |
1.62 |
1.51 |
CLASS
A SHARES |
|
|
|
Return
Before Taxes |
2.78 |
2.18 |
2.60 |
CLASS
C SHARES |
|
|
|
Return
Before Taxes |
5.29 |
2.41 |
2.53 |
BLOOMBERG
U.S. AGGREGATE
INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
5.53 |
1.10 |
1.52 |
Portfolio
Manager |
Managed
the
Fund Since |
Primary
Title with
Investment
Adviser |
J.
Andrew Norelli |
2014 |
Managing
Director |
Andrew
Headley |
2017 |
Managing
Director |
Thomas
Hauser |
2020 |
Managing
Director |
For
Class A and Class C Shares |
|
To
establish an account |
$1,000 |
To
add to an account |
$50 |
For
Class I Shares |
|
To
establish an account |
$1,000,000 |
To
add to an account |
No
minimum levels |
| |||
|
Class
A |
Class
C |
Class
I |
Maximum
Sales Charge (Load)
Imposed
on Purchases as a % of the
Offering
Price |
|
|
|
Maximum
Deferred Sales Charge
(Load)
as % of Original Cost of the
Shares |
1
|
|
|
| |||
|
Class
A |
Class
C |
Class
I |
Management
Fees |
|
|
|
Distribution
(Rule 12b-1)
Fees |
|
|
|
Other
Expenses |
|
|
|
Service
Fees |
|
|
|
Remainder
of Other
Expenses |
|
|
|
Acquired
Fund Fees and
Expenses |
|
|
|
Total
Annual Fund Operating
Expenses |
|
|
|
Fee
Waivers and/or Expense
Reimbursements
1 |
- |
- |
- |
Total
Annual Fund Operating
Expenses
after Fee Waivers
and/or
Expense Reimburse-
ments
1 |
|
|
|
| ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
|
|
|
|
CLASS
C SHARES ($) |
|
|
|
|
CLASS
I SHARES ($) |
|
|
|
|
| ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
|
|
|
|
CLASS
C SHARES ($) |
|
|
|
|
CLASS
I SHARES ($) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
CLASS
I SHARES |
|
|
|
Return
Before Taxes |
% |
% |
% |
Return
After Taxes on Distributions |
|
|
|
Return
After Taxes on Distributions and
Sale
of Fund Shares |
|
|
|
CLASS
A SHARES |
|
|
|
Return
Before Taxes |
|
|
|
CLASS
C SHARES |
|
|
|
Return
Before Taxes |
|
|
|
BLOOMBERG
U.S. MBS INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
|
|
|
Portfolio
Manager |
Managed
Fund
Since |
Primary
Title with
Investment
Adviser |
Richard
D. Figuly |
2015 |
Managing
Director |
Michael
Sais |
2005 |
Managing
Director |
Andrew
Melchiorre |
2019 |
Managing
Director |
For
Class A and Class C Shares |
|
To
establish an account |
$1,000 |
To
add to an account |
$50 |
For
Class I Shares |
|
To
establish an account |
$1,000,000 |
To
add to an account |
No
minimum levels |
| |||
|
Class
A |
Class
C |
Class
I |
Maximum
Sales Charge (Load)
Imposed
on Purchases as a % of the
Offering
Price |
|
|
|
Maximum
Deferred Sales Charge
(Load)
as a % of the Original Cost of
the
Shares |
1
|
|
|
| |||
|
Class
A |
Class
C |
Class
I |
Management
Fees |
|
|
|
Distribution
(Rule 12b-1)
Fees |
|
|
|
Other
Expenses |
|
|
|
Service
Fees |
|
|
|
Remainder
of Other
Expenses |
|
|
|
Acquired
Fund Fees and
Expenses |
|
|
|
Total
Annual Fund Operating
Expenses |
|
|
|
Fee
Waivers and/or Expense
Reimbursements
1 |
- |
- |
- |
Total
Annual Fund Operating
Expenses
after Fee Waivers
and/or
Expense Reimburse-
ments
1 |
|
|
|
| ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
|
|
|
|
CLASS
C SHARES ($) |
|
|
|
|
CLASS
I SHARES ($) |
|
|
|
|
| ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
|
|
|
|
CLASS
C SHARES ($) |
|
|
|
|
CLASS
I SHARES ($) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
CLASS
I SHARES |
|
|
|
Return
Before Taxes |
% |
% |
% |
Return
After Taxes on Distributions |
|
|
|
Return
After Taxes on Distributions and
Sale
of Fund Shares |
|
|
|
CLASS
A SHARES |
|
|
|
Return
Before Taxes |
|
|
|
CLASS
C SHARES |
|
|
|
Return
Before Taxes |
|
|
|
BLOOMBERG
1-3 YEAR U.S.
GOVERNMENT/CREDIT
BOND INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
|
|
|
Portfolio
Manager |
Managed
Fund
Since |
Primary
Title with
Investment
Adviser |
Cary
Fitzgerald |
2019 |
Managing
Director |
Toby
Maczka |
2019 |
Executive
Director |
For
Class A and Class C Shares |
|
To
establish an account |
$1,000 |
To
add to an account |
$50 |
For
Class I Shares |
|
To
establish an account |
$1,000,000 |
To
add to an account |
No
minimum levels |
SHAREHOLDER
FEES (Fees
paid directly from your investment) | |||
|
Class
A |
Class
C |
Class
I |
Maximum
Sales Charge (Load)
Imposed
on Purchases as a % of
the
Offering Price |
2.25% |
NONE |
NONE |
Maximum
Deferred Sales Charge
(Load)
as a % of the Original Cost of
the
Shares |
NONE1
|
1.00% |
NONE |
ANNUAL
FUND OPERATING EXPENSES
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |||
|
Class
A |
Class
C |
Class
I |
Management
Fees |
0.25% |
0.25% |
0.25% |
Distribution
(Rule 12b-1)
Fees |
0.25 |
0.75 |
NONE |
Other
Expenses |
0.35 |
0.35 |
0.35 |
Service
Fees |
0.25 |
0.25 |
0.25 |
Remainder
of Other
Expenses |
0.10 |
0.10 |
0.10 |
Total
Annual Fund Operating
Expenses |
0.85 |
1.35 |
0.60 |
Fee
Waivers and/or Expense
Reimbursements
1 |
-0.21 |
-0.21 |
-0.21 |
Total
Annual Fund Operating
Expenses
after Fee Waivers
and/or
Expense Reimburse-
ments
1 |
0.64 |
1.14 |
0.39 |
IF
YOU SELL YOUR SHARES, YOUR COST WOULD BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
289 |
470 |
666 |
1,231 |
CLASS
C SHARES ($) |
216 |
407 |
719 |
1,468 |
CLASS
I SHARES ($) |
40 |
171 |
314 |
730 |
IF
YOU DO NOT SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
289 |
470 |
666 |
1,231 |
CLASS
C SHARES ($) |
116 |
407 |
719 |
1,468 |
CLASS
I SHARES ($) |
40 |
171 |
314 |
730 |
Market
Sector |
Min |
Max |
U.S.
Treasury & Agency |
10% |
50% |
U.S.
Agency Residential Mortgage-Backed Securities |
10% |
30% |
Asset-Backed
Securities |
0% |
20% |
Commercial
Mortgage-Backed Securities |
0% |
20% |
Investment
Grade Corporate Debt Securities |
20% |
50% |
High
Yield Corporate Debt |
0% |
20% |
Emerging
Markets Debt |
0% |
15% |
YEAR-BY-YEAR
RETURNS — CLASS I SHARES |
Best
Quarter |
2nd
quarter, 2020 |
4.54% |
Worst
Quarter |
1st
quarter, 2022 |
-3.52% |
The
Fund’s year-to-date total return |
through |
3/31/24 |
was |
0.67% |
. |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2023) | |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
CLASS
I SHARES |
|
|
|
Return
Before Taxes |
6.23
% |
2.21
% |
2.45
% |
Return
After Taxes on Distributions |
4.78 |
1.15 |
1.03 |
Return
After Taxes on Distributions and
Sale
of Fund Shares |
3.66 |
1.24 |
1.22 |
CLASS
A SHARES |
|
|
|
Return
Before Taxes |
3.53 |
1.51 |
1.96 |
CLASS
C SHARES |
|
|
|
Return
Before Taxes |
4.34 |
1.45 |
1.78 |
BLOOMBERG
1-5 YEAR GOVERNMENT/
CREDIT
INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
4.89 |
1.54 |
1.43 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title of
Investment
Adviser |
Cary
Fitzgerald |
2017 |
Managing
Director |
Kay
Herr |
2023 |
Managing
Director |
For
Class A and Class C Shares |
|
To
establish an account |
$1,000 |
To
add to an account |
$50 |
For
Class I Shares |
|
To
establish an account |
$1,000,000 |
To
add to an account |
No
minimum levels |
SHAREHOLDER
FEES (Fees
paid directly from your investment) | |||
|
Class
A |
Class
C |
Class
I |
Maximum
Sales Charge (Load)
Imposed
on Purchases as a % of the
Offering
Price |
3.75% |
NONE |
NONE |
Maximum
Deferred Sales Charge
(Load)
as % of Original Cost of the
Shares |
NONE1
|
1.00% |
NONE |
ANNUAL
FUND OPERATING EXPENSES
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |||
|
Class
A |
Class
C |
Class
I |
Management
Fees |
0.45% |
0.45% |
0.45% |
Distribution
(Rule 12b-1)
Fees |
0.25 |
0.75 |
NONE |
Other
Expenses |
0.35 |
0.35 |
0.34 |
Service
Fees |
0.25 |
0.25 |
0.25 |
Remainder
of Other
Expenses |
0.10 |
0.10 |
0.09 |
Acquired
Fund Fees and
Expenses |
0.10 |
0.10 |
0.10 |
Total
Annual Fund Operating
Expenses |
1.15 |
1.65 |
0.89 |
Fee
Waivers and/or Expense
Reimbursements
1 |
-0.15 |
-0.15 |
-0.14 |
Total
Annual Fund Operating
Expenses
after Fee Waivers
and/or
Expense Reimburse-
ments
1 |
1.00 |
1.50 |
0.75 |
IF
YOU SELL YOUR SHARES, YOUR COST WOULD BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
473 |
712 |
970 |
1,707 |
CLASS
C SHARES ($) |
253 |
506 |
883 |
1,809 |
CLASS
I SHARES ($) |
77 |
270 |
479 |
1,083 |
IF
YOU DO NOT SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
473 |
712 |
970 |
1,707 |
CLASS
C SHARES ($) |
153 |
506 |
883 |
1,809 |
CLASS
I SHARES ($) |
77 |
270 |
479 |
1,083 |
YEAR-BY-YEAR
RETURNS — CLASS I SHARES |
Best
Quarter |
2nd
quarter, 2020 |
3.59% |
Worst
Quarter |
1st
quarter, 2020 |
-3.71% |
The
Fund’s year-to-date total return |
through |
3/31/24 |
was |
1.35% |
. |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2023) | |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
CLASS
I SHARES |
|
|
|
Return
Before Taxes |
5.35
% |
2.37
% |
2.27
% |
Return
After Taxes on Distributions |
3.32 |
1.45 |
1.14 |
Return
After Taxes on Distributions and
Sale
of Fund Shares |
3.14 |
1.42 |
1.23 |
CLASS
A SHARES |
|
|
|
Return
Before Taxes |
1.17 |
1.36 |
1.63 |
CLASS
C SHARES |
|
|
|
Return
Before Taxes |
3.60 |
1.61 |
1.62 |
BLOOMBERG
U.S. UNIVERSAL INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
6.17 |
1.44 |
2.08 |
ICE
BOFA 3-MONTH US TREASURY BILL
INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
5.05 |
1.89 |
1.26 |
Portfolio
Manager |
Managed
Fund
Since |
Primary
Title with
Investment
Adviser |
William
Eigen |
2008 |
Managing
Director |
Jarred
Sherman |
2009 |
Managing
Director |
Jeffrey
Wheeler |
2015 |
Managing
Director |
For
Class A and Class C Shares |
|
To
establish an account |
$1,000 |
To
add to an account |
$50 |
For
Class I Shares |
|
To
establish an account |
$1,000,000 |
To
add to an account |
No
minimum levels |
SHAREHOLDER
FEES (Fees
paid directly from your investment) | |||
|
Class
A |
Class
C |
Class
I |
Maximum
Sales Charge (Load)
Imposed
on Purchases as a % of the
Offering
Price |
3.75% |
NONE |
NONE |
Maximum
Deferred Sales Charge
(Load)
as % of Original Cost of the
Shares |
NONE1
|
1.00% |
NONE |
ANNUAL
FUND OPERATING EXPENSES
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |||
|
Class
A |
Class
C |
Class
I |
Management
Fees |
0.30% |
0.30% |
0.30% |
Distribution
(Rule 12b-1)
Fees |
0.25 |
0.75 |
NONE |
Other
Expenses |
0.54 |
0.56 |
0.53 |
Service
Fees |
0.25 |
0.25 |
0.25 |
Remainder
of Other
Expenses |
0.29 |
0.31 |
0.28 |
Acquired
Fund Fees and
Expenses |
0.06 |
0.06 |
0.06 |
Total
Annual Fund Operating
Expenses |
1.15 |
1.67 |
0.89 |
Fee
Waivers and/or Expense
Reimbursements
1 |
-0.49 |
-0.36 |
-0.33 |
Total
Annual Fund Operating
Expenses
after Fee Waivers
and/or
Expense Reimburse-
ments
1 |
0.66 |
1.31 |
0.56 |
IF
YOU SELL YOUR SHARES, YOUR COST WOULD BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
440 |
680 |
939 |
1,678 |
CLASS
C SHARES ($) |
233 |
491 |
874 |
1,808 |
CLASS
I SHARES ($) |
57 |
251 |
461 |
1,066 |
IF
YOU DO NOT SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
440 |
680 |
939 |
1,678 |
CLASS
C SHARES ($) |
133 |
491 |
874 |
1,808 |
CLASS
I SHARES ($) |
57 |
251 |
461 |
1,066 |
YEAR-BY-YEAR
RETURNS — CLASS I SHARES |
Best
Quarter |
4th
quarter, 2023 |
6.52% |
Worst
Quarter |
1st
quarter, 2022 |
-5.82% |
The
Fund’s year-to-date total return |
through |
3/31/24 |
was |
-0.68% |
. |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2023) | |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
CLASS
I SHARES |
|
|
|
Return
Before Taxes |
5.54
% |
1.02
% |
1.78
% |
Return
After Taxes on Distributions |
4.06 |
-0.01 |
0.61 |
Return
After Taxes on Distributions and
Sale
of Fund Shares |
3.25 |
0.36 |
0.86 |
CLASS
A SHARES |
|
|
|
Return
Before Taxes |
1.38 |
0.16 |
1.28 |
CLASS
C SHARES |
|
|
|
Return
Before Taxes |
3.64 |
0.26 |
1.14 |
BLOOMBERG
U.S. AGGREGATE INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
5.53 |
1.10 |
1.81 |
Portfolio
Manager |
Managed
Fund
Since |
Primary
Title with
Investment
Adviser |
William
Eigen |
2008 |
Managing
Director |
For
Class A and Class C Shares |
|
To
establish an account |
$1,000 |
To
add to an account |
$50 |
For
Class I Shares |
|
To
establish an account |
$1,000,000 |
To
add to an account |
No
minimum levels |
SHAREHOLDER
FEES (Fees
paid directly from your investment) | |||
|
Class
A |
Class
C |
Class
I |
Maximum
Sales Charge (Load)
Imposed
on Purchases as a % of
the
Offering Price |
3.75% |
NONE |
NONE |
Maximum
Deferred Sales Charge
(Load)
as a % of Original Cost of
the
Shares |
NONE1
|
1.00% |
NONE |
ANNUAL
FUND OPERATING EXPENSES
(Expenses
that you pay each year as a percentage of the value
of
your investment) | |||
|
Class
A |
Class
C |
Class
I |
Management
Fees |
0.45% |
0.45% |
0.45% |
Distribution
(Rule 12b-1)
Fees |
0.25 |
0.75 |
NONE |
Other
Expenses |
0.40 |
0.42 |
0.39 |
Service
Fees |
0.25 |
0.25 |
0.25 |
Remainder
of Other
Expenses |
0.15 |
0.17 |
0.14 |
Acquired
Fund Fees and
Expenses |
0.02 |
0.02 |
0.02 |
Total
Annual Fund Operating
Expenses |
1.12 |
1.64 |
0.86 |
Fee
Waivers and/or Expense
Reimbursements
1 |
-0.22 |
-0.24 |
-0.21 |
Total
Annual Fund Operating
Expenses
after Fee Waivers
and/or
Expense Reimburse-
ments
1 |
0.90 |
1.40 |
0.65 |
IF
YOU SELL YOUR SHARES, YOUR COST WOULD BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
463 |
697 |
948 |
1,668 |
CLASS
C SHARES ($) |
243 |
494 |
869 |
1,785 |
CLASS
I SHARES ($) |
66 |
253 |
456 |
1,041 |
IF
YOU DO NOT SELL YOUR SHARES, YOUR COST
WOULD
BE: | ||||
|
1
Year |
3
Years |
5
Years |
10
Years |
CLASS
A SHARES ($) |
463 |
697 |
948 |
1,668 |
CLASS
C SHARES ($) |
143 |
494 |
869 |
1,785 |
CLASS
I SHARES ($) |
66 |
253 |
456 |
1,041 |
YEAR-BY-YEAR
RETURNS — CLASS I SHARES |
Best
Quarter |
4th
quarter, 2023 |
5.01% |
Worst
Quarter |
2nd
quarter, 2022 |
-4.00% |
The
Fund’s year-to-date total return |
through |
3/31/24 |
was |
0.95% |
. |
AVERAGE
ANNUAL TOTAL RETURNS
(For
periods ended December 31, 2023) | |||
|
Past
1
Year |
Past
5
Years |
Past
10
Years |
CLASS
I SHARES |
|
|
|
Return
Before Taxes |
7.21
% |
3.74
% |
2.77
% |
Return
After Taxes on Distributions |
5.56 |
2.39 |
1.34 |
Return
After Taxes on Distributions and
Sale
of Fund Shares |
4.23 |
2.29 |
1.47 |
CLASS
A SHARES |
|
|
|
Return
Before Taxes |
3.10 |
2.69 |
2.12 |
CLASS
C SHARES |
|
|
|
Return
Before Taxes |
5.47 |
2.95 |
2.10 |
BLOOMBERG
U.S. AGGREGATE INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
5.53 |
1.10 |
1.81 |
ICE
BOFA 3-MONTH US TREASURY BILL
INDEX
(Reflects
No Deduction for Fees,
Expenses,
or Taxes) |
5.05 |
1.89 |
1.26 |
Portfolio
Manager |
Managed
the
Fund
Since |
Primary
Title with
Investment
Adviser |
Bob
Michele |
2010 |
Managing
Director |
Iain
T. Stealey |
2010 |
Managing
Director |
Lisa
Coleman |
2020 |
Managing
Director |
Andrew
Headley |
2020 |
Managing
Director |
Jeff
Hutz |
2020 |
Managing
Director |
For
Class A and Class C Shares |
|
To
establish an account |
$1,000 |
To
add to an account |
$50 |
For
Class I Shares |
|
To
establish an account |
$1,000,000 |
To
add to an account |
No
minimum levels |
WHAT
IS SECURITIES LENDING? |
Securities
lending involves the loan of securities to borrowers in exchange for cash
collateral which a Fund may reinvest. During the
term
of the loan, the Fund is entitled to receive amounts equivalent to
distributions paid on the loaned securities as well as the
return
on the cash collateral investments. Upon termination of the loan, the Fund
is required to return the cash collateral to the
borrower
plus an agreed upon rebate. Securities
lending is not a principal strategy of any of the
Funds. |
Market
Sector |
Min |
Max |
U.S
Treasury & Agency |
10% |
50% |
U.S.
Agency Residential Mortgage-Backed Securities |
10% |
30% |
Asset-Backed
Securities |
0% |
20% |
Commercial
Mortgage-Backed Securities |
0% |
20% |
Investment
Grade Corporate Debt Securities |
20% |
50% |
High
Yield Corporate Debt |
0% |
20% |
Emerging
Markets Debt |
0% |
15% |
FUNDAMENTAL
POLICIES |
A
Fund’s investment strategy may involve “fundamental policies.” A policy is
fundamental if it cannot be changed without the
consent
of a majority of the outstanding shares of the Fund. The investment
objectives for the Short Duration Bond Fund, Core Bond
Fund,
Core Plus Bond Fund, Mortgage-Backed Securities Fund, Government Bond Fund
and High Yield Fund are fundamental. The
investment
objectives for the remaining Funds can be changed without the consent of a
majority of the outstanding shares of that
Fund.
Any other fundamental policies are specifically identified as such in the
prospectus and the Statement of Additional
Information. |
|
Core
Bond Fund |
Core
Plus Bond Fund |
Corporate
Bond Fund |
Emerging
Markets Debt Fund |
Floating
Rate Income Fund |
Global
Bond Opportunities Fund |
Government
Bond Fund |
High
Yield Fund |
Income
Fund |
Mortgage-Backed
Securities Fund |
Short
Duration Bond Fund |
Short
Duration Core Plus Fund |
Strategic
Income Opportunities Fund |
Total
Return Fund |
Unconstrained
Debt Fund |
Asset-Backed,
Mortgage-Related and
Mortgage-Backed
Securities Risk |
• |
• |
○ |
|
|
• |
• |
○ |
• |
• |
• |
• |
• |
• |
• |
Business
Development Company Risk |
|
|
|
|
|
|
|
|
|
|
|
|
○ |
○ |
|
CFTC
Regulation Risk |
|
|
|
|
|
○ |
|
|
○ |
|
|
|
○ |
|
○ |
CLN
Risk |
|
|
|
|
|
|
|
|
|
|
|
○ |
○ |
|
|
Convertible
Securities Risk |
|
• |
○ |
|
• |
○ |
|
• |
• |
|
|
|
• |
○ |
• |
CPI-U
Strategy Risk |
|
|
|
|
|
○ |
|
|
|
|
|
|
|
|
○ |
Credit
Risk |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
Commodity
Risk |
|
|
|
|
|
○ |
|
|
|
|
|
|
|
|
|
Covenant
Lite Loan Risk |
|
• |
|
|
• |
○ |
|
• |
• |
|
|
|
• |
• |
○ |
Currency
Risk |
○ |
• |
• |
• |
○ |
• |
○ |
|
• |
○ |
○ |
• |
• |
• |
• |
Cyber
Security Risk |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
Derivatives
Risk |
○ |
• |
• |
• |
• |
• |
○ |
• |
• |
|
|
• |
• |
• |
• |
Equity
Market Risk |
|
• |
○ |
|
• |
○ |
|
• |
• |
|
|
○ |
• |
○ |
○ |
European
Market Risk |
|
|
|
|
|
• |
|
|
• |
|
|
• |
|
|
○ |
Extension
Risk |
|
|
|
|
|
○ |
|
|
○ |
|
|
|
|
|
○ |
Foreign
Issuer Risk |
• |
• |
• |
• |
• |
• |
○ |
• |
• |
• |
• |
• |
• |
• |
• |
Foreign
Securities and Emerging Markets
Risk |
○ |
• |
|
• |
• |
• |
○ |
|
• |
○ |
○ |
• |
• |
• |
• |
Foreign
Securities Risk |
|
|
• |
|
|
|
|
○ |
|
|
|
|
|
|
|
General
Market Risk |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
Geographic
Focus Risk |
• |
• |
• |
• |
• |
• |
|
• |
• |
• |
• |
• |
• |
• |
• |
Government
Securities Risk |
• |
• |
• |
|
|
• |
• |
○ |
• |
• |
• |
• |
• |
• |
• |
High
Portfolio Turnover Risk |
|
|
• |
|
|
• |
|
|
• |
|
|
|
• |
• |
• |
High
Yield Securities Risk |
|
• |
• |
• |
• |
• |
|
• |
• |
|
|
• |
• |
• |
• |
Hybrid
Preferred Securities Risk |
|
|
|
|
|
○ |
|
|
○ |
|
|
|
|
|
○ |
Industry
and Sector Focus Risk |
• |
• |
• |
• |
• |
• |
|
• |
• |
• |
• |
• |
• |
• |
• |
Industry
Concentration Risk |
|
|
• |
|
|
|
|
|
|
|
|
|
|
|
|
Inflation-Linked
and Inflation-Protected
Security
Risk |
○ |
|
|
|
|
• |
|
|
• |
|
|
|
• |
• |
• |
Insurance-Linked
Securities Risk |
|
|
|
|
|
|
|
|
|
|
|
|
○ |
○ |
|
Interest
Rate Risk |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
Interfund
Lending Risk |
• |
• |
|
|
|
|
• |
|
|
|
|
|
• |
|
|
|
Core
Bond Fund |
Core
Plus Bond Fund |
Corporate
Bond Fund |
Emerging
Markets Debt Fund |
Floating
Rate Income Fund |
Global
Bond Opportunities Fund |
Government
Bond Fund |
High
Yield Fund |
Income
Fund |
Mortgage-Backed
Securities Fund |
Short
Duration Bond Fund |
Short
Duration Core Plus Fund |
Strategic
Income Opportunities Fund |
Total
Return Fund |
Unconstrained
Debt Fund |
Inverse
Floater Risk |
○ |
○ |
|
○ |
|
○ |
○ |
○ |
• |
• |
○ |
○ |
○ |
○ |
○ |
Investment
Company and ETF Risk |
|
○ |
○ |
|
○ |
○ |
|
|
○ |
|
|
|
• |
• |
○ |
Loan
Risk |
○ |
• |
○ |
• |
• |
○ |
|
• |
• |
○ |
○ |
• |
• |
• |
• |
MLP
Risk |
|
|
• |
|
○ |
|
|
○ |
○ |
|
|
|
|
|
○ |
Mortgage
Dollar Roll Risk |
|
|
|
|
|
• |
|
|
• |
|
|
• |
• |
• |
• |
Municipal
Securities Risk |
|
|
○ |
|
|
○ |
|
|
• |
|
|
|
• |
○ |
• |
Options
Risk |
|
○ |
○ |
|
|
• |
|
|
○ |
|
|
|
• |
• |
• |
Preferred
Stock Risk |
|
• |
|
|
• |
○ |
|
• |
• |
|
|
|
• |
|
• |
Prepayment
Risk |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
Privately
Placed Securities Risk |
|
|
• |
|
○ |
|
|
• |
• |
|
|
• |
|
|
|
Real
Estate Securities Risk |
|
|
• |
|
|
|
|
|
• |
|
|
• |
|
|
○ |
Regulatory
and Legal Risk |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
REITs
Risk |
|
|
• |
|
|
|
|
|
• |
|
|
|
|
|
|
Restricted
Securities Risk |
|
|
|
|
|
|
|
|
|
|
|
• |
|
|
|
Risk
Associated with the Fund Holding
Cash,
Money Market Instruments and
Other
Short-Term Investments |
• |
|
• |
|
• |
• |
|
|
• |
|
|
|
• |
• |
• |
Securities
Lending Risk |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
Short
Selling Risk |
|
|
|
○ |
|
|
|
|
|
|
|
|
○ |
○ |
○ |
Smaller
Company Risk |
|
○ |
○ |
○ |
• |
○ |
○ |
• |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
Sovereign
Debt Risk |
|
• |
|
• |
|
• |
|
|
• |
|
|
• |
○ |
○ |
• |
Strategy
Risk |
|
|
|
|
|
• |
|
|
• |
|
|
|
• |
• |
• |
Structured
Investment Risk |
|
|
|
|
|
• |
|
|
|
|
|
|
|
|
○ |
Transactions
and Liquidity Risk |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
• |
Volcker
Rule Risk |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
○ |
Zero-Coupon,
Pay-In-Kind and Deferred
Payment
Securities Risk |
○ |
|
|
|
○ |
• |
|
|
• |
|
|
○ |
|
|
• |
WHAT
IS A DERIVATIVE? |
Derivatives
are securities or contracts (for example, futures and options) that derive
their value from the performance of underlying
assets
or securities. |
WHAT
IS A CASH EQUIVALENT? |
Cash
equivalents are highly liquid, high-quality instruments with maturities of
three months or less on the date they are purchased.
They
include securities issued by the U.S. government, its agencies and
instrumentalities, repurchase agreements, certificates of
deposit,
bankers’ acceptances, commercial paper, money market mutual funds and bank
deposit accounts. |
Core
Bond Fund |
0.27% |
Core
Plus Bond Fund |
0.29 |
Corporate
Bond Fund |
0.22 |
Emerging
Markets Debt Fund |
0.55 |
Floating
Rate Income Fund |
0.46 |
Global
Bond Opportunities Fund |
0.40 |
Government
Bond Fund |
0.22 |
High
Yield Fund |
0.44 |
Income
Fund |
0.30 |
Mortgage-Backed
Securities Fund |
0.19 |
Short
Duration Bond Fund |
0.19 |
Short
Duration Core Plus Fund |
0.24 |
Strategic
Income Opportunities Fund |
0.33 |
Total
Return Fund |
0.14 |
Unconstrained
Debt Fund |
0.39 |
|
Class
A |
Class
C |
Class
I |
Eligibility1,2 |
May
be purchased by the
general
public3 |
May
be purchased by the
general
public4 |
May
be purchased by:
●Institutional
Investors who
meet
the minimum
investment
requirements;
●Individuals
purchasing
directly
from the Fund
through
JPMorgan
Distribution
Services, Inc.
(the
“Distributor”) and
meeting
the investment
minimum
requirements;
●Financial
Intermediaries or
any
other organization,
including
affiliates of
JPMorgan
Chase & Co.
(JPMorgan
Chase),
authorized
to act in a
fiduciary,
advisory or
custodial
capacity for its
clients
or customers;
●Brokerage
program of a
Financial
Intermediary that
has
entered into a written
agreement
with the
Distributor
to offer such
shares
(“Eligible Brokerage
Program”);
and
●Employees
of JPMorgan
Chase
and its affiliates and
officers
or trustees of the J.P.
Morgan
Funds.5 |
Minimum
Investment1,6,7 |
$1,000
for each Fund or $50, if
establishing
a monthly $50
Systematic
Investment Plan8 |
$1,000
for each Fund or $50, if
establishing
a monthly $50
Systematic
Investment Plan8 |
$1,000,000
— An investor can
combine
purchases of Class I
Shares
of other J.P. Morgan
Funds
in order to meet the
minimum.
$1,000
for each Fund or $50, if
establishing
a monthly $50
Systematic
Investment Plan for
investments
through an
Eligible
Brokerage Program.
$1,000
for each Fund or $50 if
establishing
a monthly $50
Systematic
Investment Plan 8
for
investments by employees
of
JPMorgan Chase and its
affiliates
and officers or
trustees
of the J.P. Morgan
Funds5..
|
|
Class
A |
Class
C |
Class
I |
Minimum
Subsequent
Investments1 |
$509 |
$509 |
No
minimum except $50 for
investments
by employees of
JPMorgan
Chase and its
affiliates
and officers or
trustees
of the J.P. Morgan
Funds
and investments through
an
Eligible Brokerage Program. |
Systematic
Investment Plan |
Yes |
Yes |
No
except for investments by
employees
of JPMorgan Chase
and
its affiliates and officers or
trustees
of the J.P. Morgan
Funds
and investments through
an
Eligible Brokerage Program. |
Systematic
Redemption Plan |
Yes |
Yes |
No
except for investments by
employees
of JPMorgan Chase
and
its affiliates and officers or
trustees
of the J.P. Morgan
Funds. |
Front-End
Sales Charge
(refer
to
Sales Charges and Financial
Intermediary
Compensation
Section
for more details) |
Up
to 2.25% reduced or waived
for
large purchases and certain
investors,
eliminated for
purchases
of $250,000 or more
for
Floating Rate Income Fund,
Short
Duration Bond Fund, and
Short
Duration Core Plus Fund.
Up
to 3.75% reduced or waived
for
large purchases and certain
investors,
eliminated for
purchases
of $1 million or more
for
Funds (other than Floating
Rate
Income Fund, Short
Duration
Bond Fund, and Short
Duration
Core Plus Fund) |
None |
None
|
|
Class
A |
Class
C |
Class
I |
Contingent
Deferred Sales
Charge
(CDSC)
(refer to Sales
Charges
and Financial
Intermediary
Compensation
Section
for more details) |
On
purchases of $250,000 or
more
for Floating Rate Income
Fund,
Short Duration Bond
Fund,
and Short Duration Core
Plus
Fund)
●0.75%
on redemptions made
within
18 months after
purchase.
On
purchases of $1 million or
more
(for other than Floating
Rate
Income Fund, Mortgage-
Backed
Securities Fund, Short
Duration
Bond Fund, and Short
Duration
Core Plus Fund):
●0.75%
on redemption made
within
18 months after
purchase.
On
purchases of $1 million or
more
for Mortgage-Backed
Securities
Fund
●0.50%
on redemptions made
within
12 months after
purchase.
Waived
under certain
circumstances. |
●1.00%
on redemptions made
within
12 months after
purchase.
Waived
under certain
circumstances. |
None |
Distribution
(12b-1) Fee |
0.25%
of the average daily net
assets. |
0.75%
of the average daily net
assets. |
None |
Service
Fee |
0.25%
of the average daily net
assets. |
0.25%
of the average daily net
assets. |
0.25%
of the average daily net
assets. |
Redemption
Fee |
None |
None |
None |
Conversion
Feature9 |
None |
Class
C Shares will be
converted
to Class A Shares in
the
following instances:
●If
an investor is eligible to
purchase
Class A Shares,
then
their Class C Share
positions
will convert to
Class
A Shares after 8 years,
calculated
from the first day
of
the month of purchase
and
processed on the tenth
business
day of the
anniversary
month.
●If
Class C Shares held in an
account
with a third party
broker
of record are
transferred
to a Fund direct
account
with no broker of
record,
those Class C Shares
will
be converted to Class A
Shares
on the tenth business
day
of the month following
the
transfer. |
None
|
|
Class
A |
Class
C |
Class
I |
Advantages |
If
you are eligible to have the
sales
charge reduced or
eliminated
or you have a long-
term
investment horizon, these
shares
have lower distribution
fees
over a longer term
investment
horizon than
Class
C Shares. |
No
front-end sales charge is
assessed
so you own more
shares
initially. These shares
may
make sense for investors
who
have a shorter investment
horizon
relative to Class A
Shares. |
No
front-end sales charge or
CDSC
is assessed so you own
more
shares initially. In
addition,
Class I Shares have
lower
fees than Class A and
Class
C Shares. |
Disadvantages |
A
front-end sales charge is
generally
assessed, diminishing
the
number of shares owned. If
you
are eligible to have the
sales
charge reduced or
eliminated,
you may be subject
to
a CDSC. Class A Shares may
not
make sense for investors
who
have a shorter investment
horizon
relative to Class C
Shares. |
Shares
are subject to CDSC and
have
higher ongoing
distribution
fees. This means
that
over the long term Class C
Shares
accrue higher fees than
Class
A Shares. |
Limited
availability and higher
minimum
initial investment
than
Class A and Class C
Shares. |
Class
A Shares
Amount
of Investment |
Sales
Charge
as
a % of
Offering
Price |
Sales
Charge
as
a % of your
Investment1 |
Commission
as
a % of
Offering
Price2 |
CDSC |
Less
than $50,000 |
2.25 |
2.30 |
2.00 |
0.00 |
$50,000
to $99.999 |
2.00 |
2.04 |
1.50 |
0.00 |
$100,000
to $249,999 |
1.25 |
1.27 |
1.00 |
0.00 |
Amount
of Investment |
Sales
Charge
as
a % of
Offering
Price |
Sales
Charge
as
a % of your
Investment |
Finder’s
Fee
as
a % of your
Investment3 |
CDSC
as
a % of your
Redemption3,
4 |
$250,000
to $3,999,999 |
0.00 |
0.00 |
0.75 |
0-18
months — 0.75% |
$4,000,000
to $9,999,999 |
0.00 |
0.00 |
0.50 | |
$10,000,000
or more |
0.00 |
0.00 |
0.25 |
Class
A Shares
Amount
of Investment |
Sales
Charge
as
a % of
Offering
Price |
Sales
Charge
as
a % of your
Investment1 |
Commission
as
a % of
Offering
Price2 |
CDSC |
Less
than $100,000 |
3.75 |
3.90 |
3.25 |
0.00 |
$100,000
to $249,999 |
3.25 |
3.36 |
2.75 |
0.00 |
$250,000
to $499,999 |
2.25 |
2.30 |
2.00 |
0.00 |
$500,000
to $999,999 |
1.75 |
1.78 |
1.50 |
0.00 |
Amount
of Investment |
Sales
Charge
as
a % of
Offering
Price |
Sales
Charge
as
a % of your
Investment |
Finder’s
Fee
as
a % of your
Investment3 |
CDSC
as
a % of your
Redemption3,
4 |
$1,000,000
to $9,999,999 |
0.00 |
0.00 |
0.50 |
0-12
months —0.50% |
$10,000,000
or more |
0.00 |
0.00 |
0.25 |
Class
A Shares
Amount
of Investment |
Sales
Charge
as
a % of
Offering
Price |
Sales
Charge
as
a % of your
Investment1 |
Commission
as
a % of
Offering
Price2 |
CDSC |
Less
than $100,000 |
3.75 |
3.90 |
3.25 |
0.00 |
$100,000
to $249,999 |
3.25 |
3.36 |
2.75 |
0.00 |
$250,000
to $499,999 |
2.25 |
2.30 |
2.00 |
0.00 |
$500,000
to $999,999 |
1.75 |
1.78 |
1.50 |
0.00 |
Amount
of Investment |
Sales
Charge
as
a % of
Offering
Price |
Sales
Charge
as
a % of your
Investment |
Finder’s
Fee
as
a % of your
Investment3 |
CDSC
as
a % of your
Redemption3,
4 |
$1,000,000
to $3,999,999 |
0.00 |
0.00 |
0.75 |
0-18
months —0.75% |
$4,000,000
to $49,999,999 |
0.00 |
0.00 |
0.50 | |
$50,000,000
or more |
0.00 |
0.00 |
0.25 |
Class
A Shares
Amount
of Investment |
Sales
Charge
as
a % of
Offering
Price |
Sales
Charge
as
a % of your
Investment |
Finder’s
Fee
as
a % of your
Investment |
CDSC
as
a % of your
Redemption1 |
$0
to $3,999,999 |
0.00 |
0.00 |
0.75 |
0.00 |
$4,000,000
to $9,999,999 |
0.00 |
0.00 |
0.50 |
0.00 |
$10,000,000
or more |
0.00 |
0.00 |
0.25 |
0.00 |
Class
A Shares
Amount
of Investment |
Sales
Charge
as a
% of
Offering
Price |
Sales
Charge
as a
% of your
Investment |
Finder’s
Fee
as a
% of your
Investment |
CDSC
as a
% of your
Redemption1 |
$ 0 to
$ 9,999,999 |
0.00 |
0.00 |
0.50 |
0.00 |
$
10,000,000 or more |
0.00 |
0.00 |
0.25 |
0.00 |
Class
A Shares
Amount
of Investment |
Sales
Charge
as
a % of
Offering
Price |
Sales
Charge
as
a % of your
Investment |
Finder’s
Fee
as
a % of your
Investment |
CDSC
as
a % of your
Redemption1
|
$
0 to $ 3,999,999 |
0.00 |
0.00 |
0.75 |
0.00 |
$
4,000,000 to 49,999,999 |
0.00 |
0.00 |
0.50 |
0.00 |
$
50,000,000 or more |
0.00 |
0.00 |
0.25 |
0.00 |
Class
C Shares
Amount
of Investment |
Sales
Charge
as
a % of
Offering
Price |
Sales
Charge
as
a % of your
Investment |
Commission
as
a % of
Offering
Price |
CDSC
as
a % of your
Redemption |
All
Investments |
0.00 |
0.00 |
1.00 |
0-12
months — 1.00% |
Class |
Rule
12b-1 Fee |
Class
A |
0.25% |
Class
C |
0.75% |
Class
I |
None |
Class |
Service
Fee |
Class
A |
0.25% |
Class
C |
0.25% |
Class
I |
0.25% |
HOW
TO PURCHASE DIRECTLY WITH THE J.P. MORGAN FUNDS | ||
|
Opening
a New Account |
Purchasing
into an Existing Account |
By
Phone or Online
1-800-480-4111
Shareholder
Services representatives
are
available Monday through Friday
from
8:00 am to 6:00 pm ET.
www.jpmorganfunds.com
Note:
Certain account types are not
available
for online account access.
Please
call for additional information. |
A
new account generally may not be
opened
by phone or online.
A
new fund position can be added to an
existing
account by phone or online if
you
have bank information on file. The
minimum
initial investment
requirement
must be met. |
You
must already have bank
information
on file. If we do not have
bank
information on file, you must
submit
written instructions. Please call
for
instructions on how to add bank
information
to your account. |
By
Mail
Regular
mailing address:
J.P.
Morgan Funds Services
P.O.
Box 219143
Kansas
City, MO 64121-9143
Overnight
mailing address:
J.P.
Morgan Funds Services
430
W 7th
Street, Suite 219143
Kansas
City, MO 64105-1407 |
Mail
the completed and signed
application
with a check to our Regular
or
Overnight mailing address.
Refer
to the Additional Information
Regarding
Purchases section. |
Please
mail your check and include
your
name, the Fund name, and your
fund
account number. |
All
checks must be made payable to one of the following:
●J.P.
Morgan Funds; or
●The
specific Fund in which you are investing.
Please
include your existing account number, if applicable.
All
checks must be in U.S. dollars. The J.P. Morgan Funds do not accept credit
cards,
cash,
starter checks, money orders or credit card checks. The Funds and/or the
Distributor
reserve the right to refuse “third-party” checks and checks drawn on
non-
U.S.
financial institutions even if payment may be effected through a U.S.
financial
institution.
Checks made payable to any individual or company and endorsed to J.P.
Morgan
Funds or a Fund are considered third-party
checks. | ||
By
ACH or Wire1
1-800-480-4111
Wire
Instructions:
DST
Asset Manager Solutions, Inc.
2000
Crown Colony Drive
Quincy,
MA 02169
Attn:
J.P. Morgan Funds Services
ABA:
021 000 021
DDA:
323 125 832
FBO:
Fund
Name
Fund:
Fund
#
Account:
Your
Account #
and
Your
Account Registration |
You
may include bank information on
your
application for your initial
purchase
to be processed via
Automated
Clearing House (ACH)
rather
than sending a check.
New
accounts cannot be opened by
wire
purchase. |
Purchase
by ACH: To process a
purchase
via ACH using bank
information
on file you may call us or
process
the purchase online.
Purchase
by Wire: If you choose to pay
by
wire, please call to notify the Fund
of
your purchase. You must also initiate
the
wire with your financial institution.
|
HOW
TO PURCHASE DIRECTLY WITH THE J.P. MORGAN FUNDS | ||
|
Opening
a New Account |
Purchasing
into an Existing Account |
Systematic
Investment Plan1
|
You
may include instructions to set up
a
Systematic Investment Plan on your
application.
Bank Information must be
included.
Refer
to Choosing A Share Class for fund
minimums. |
If
bank information is on file, you may
call,
go online or mail written
instructions
to start, edit or delete a
Systematic
Investment Plan.
You
cannot have a Systematic
Investment
Plan and a Systematic
Redemption
Plan or Systematic
Exchange
Plan on the same fund
account.
If
bank information is not on file, you
will
be required to submit a completed
form
with your bank information and
Systematic
Investment Plan details. |
EXCHANGE
PRIVILEGES |
Class
A Shares of a Fund may be exchanged for: |
●Class
A Shares of another J.P. Morgan Fund, |
●Morgan
Shares of a J.P. Morgan money market fund (except for JPMorgan Prime Money
Market Fund), or |
●Another
share class of the same Fund if you are eligible to purchase that
class. |
Class
C Shares of a Fund may be exchanged for: |
●Class
C Shares of another J.P. Morgan Fund. Your new Class C Shares will be
subject to the CDSC of the Fund from which you
exchanged,
and the current holding period for your exchanged Class C Shares is
carried over to your new shares. |
●Class
I, Class L or Class R6 Shares, if available, of the same Fund, provided
you meet the eligibility requirements for the class
you
are exchanging into. In addition, the Class C Shares that you wish to
exchange must not currently be subject to any
CDSC. |
●Reserve
Shares of a J.P. Morgan money market fund (except for the JPMorgan Prime
Money Market Fund). Reserve Shares
are
not subject to an initial sales charge or CDSC. If you exchange Class C
Shares that are subject to a CDSC to Reserve
Shares,
you will not pay a CDSC at the time of the exchange. However, your new
Reserve Class Shares will be subject to the
CDSC
of the Fund from which you exchanged, and the current holding period for
your exchanged Class C Shares will be
carried
over to your new Reserve Shares. Reserve Shares investment minimums may be
waived for Class C shareholders that
convert
or exchange their Class C Shares into Reserve Shares of a J.P. Morgan
money market fund (except for the JPMorgan
Prime
Money Market Fund). |
Class
I Shares of a Fund may be exchanged for: |
●Class
I Shares of another J.P. Morgan Fund, |
●Morgan
Shares of a J.P. Morgan money market fund (except for JPMorgan Prime Money
Market Fund), or |
●Another
share class of the same Fund if you are eligible to purchase that
class. |
HOW
TO REDEEM | |
By
Phone or Online
Note:
Certain account
types
are not available for
online
account access. |
Call
us at 1-800-480-4111
Shareholder
Services representatives are available Monday through Friday from 8:00 am
to 6:00 pm ET.
www.jpmorganfunds.com |
By
Mail |
Regular
mailing address:
J.P.
Morgan Funds Services
P.O.
Box 219143
Kansas
City, MO 64121-9143
Overnight
mailing address:
J.P.
Morgan Funds Services
430
W 7th
Street, Suite 219143
Kansas
City, MO 64105-1407 |
Systematic
Redemption
Plan2,
3
Note:
The
Funds currently
do
not charge for this
service,
but may impose a
charge
in the future. |
You
may include instructions to set up a Systematic Redemption Plan on your
application. Payment
instructions
must be included.
You
may call, or mail written instructions to start, edit or delete a
Systematic Redemption Plan.
You
may send a written redemption request to your Financial Intermediary, if
applicable, or to the Fund at
the
following address:
J.P.
Morgan Funds Services
P.O.
Box 219143
Kansas
City, MO 64121-9143
You
may redeem over the phone. Please see “Can I redeem by phone?” for more
information.
If
you own Class A or Class C Shares, the applicable CDSC will be deducted
from those payments unless
such
payments are made:4
●Monthly
and constitute no more than 1/12
of 10% of your then-current balance in the Fund each
month;
or
●Quarterly
and constitute no more than ¼ of 10% of your then-current balance in the
Fund each
quarter.
It
may not be in your best interest to buy additional Class A Shares while
participating in a Systematic
Redemption
Plan. This is because Class A Shares have an upfront sales
charge. |
FUND
NAME |
FUND
CODE |
Core
Bond Fund |
1 |
Core
Plus Bond Fund |
2 |
Corporate
Bond Fund |
3 |
Emerging
Markets Debt Fund |
4 |
Floating
Rate Income Fund |
5 |
Global
Bond Opportunities Fund |
6 |
Government
Bond Fund |
7 |
High
Yield Fund |
8 |
Income
Fund |
9 |
Mortgage-Backed
Securities Fund |
10 |
Short
Duration Bond Fund |
11 |
Short
Duration Core Plus Fund |
12 |
Strategic
Income Opportunities Fund |
13 |
Total
Return Fund |
14 |
Unconstrained
Debt Fund |
15 |
INSTRUMENT |
FUND
CODE |
RISK
TYPE |
Adjustable
Rate Mortgage Loans (ARMs):
Loans in a mortgage pool which provide for a
fixed
initial mortgage interest rate for a specified period of time, after which
the rate
may
be subject to periodic adjustments. |
1,
2, 6, 7, 10-15 |
Credit
Interest
Rate
Liquidity
Market
Political
Prepayment
Valuation |
Asset-Backed
Securities:
Securities secured by company receivables, home equity
loans,
truck and auto loans, leases and credit card receivables or other
securities
backed
by other types of receivables or other assets. |
1,
2, 4, 6, 8-15 |
Credit
Interest
Rate
Liquidity
Market
Political
Prepayment
Valuation |
Auction
Rate Securities:
Auction rate municipal securities and auction rate preferred
securities
issued by closed-end investment companies. |
6,
9, 11-15 |
Credit
Interest
Rate
Liquidity
Market |
Bank
Obligations:
Bankers’ acceptances, certificates of deposit and time deposits.
Bankers’
acceptances are bills of exchange or time drafts drawn on and accepted by
a
commercial
bank. Maturities are generally six months or less. Certificates of deposit
are
negotiable certificates issued by a bank for a specified period of time
and earning
a
specified return. Time deposits are non-negotiable receipts issued by a
bank in
exchange
for the deposit of funds. |
1-6,
8, 10-15 |
Credit
Currency
Interest
Rate
Liquidity
Market
Political
|
INSTRUMENT |
FUND
CODE |
RISK
TYPE |
Borrowings: A
Fund may borrow for temporary purposes and/or for investment
purposes.
Such a practice will result in leveraging of the Fund’s assets and may
cause
the
Fund to liquidate portfolio positions when it would not be advantageous to
do so.
A
Fund must maintain continuous asset coverage of 300% of the amount
borrowed,
with
the exception for borrowings not in excess of 5% of the Fund’s total
assets made
for
temporary administrative purposes. |
1-15 |
Credit
Interest
Rate
Market |
Brady
Bonds:
Securities created through the exchange of existing commercial bank
loans
to public and private entities in certain emerging markets for new bonds
in
connection
with debt restructurings. |
2,
4, 6, 9, 13-15 |
Credit
Currency
Foreign
Investment
Interest
Rate
Market
Political |
Call
and Put Options: A
call option gives the buyer the right to buy, and obligates the
seller
of the option to sell a security at a specified price at a future date. A
put option
gives
the buyer the right to sell, and obligates the seller of the option to buy
a security
at a
specified price at a future date. A Fund will sell only covered call and
secured put
options. |
1-4,
6-15 |
Credit
Leverage
Liquidity
Management
Market |
Commercial
Paper:
Secured and unsecured short-term promissory notes issued by
corporations
and other entities. Maturities generally vary from a few days to nine
months. |
1-4,
6, 8-15 |
Credit
Currency
Interest
Rate
Liquidity
Market
Political
Valuation |
Commodity-Linked
Derivatives:
Securities whose value derives from the price of a
commodity,
including commodity futures and commodity options. |
6,
13-15 |
Credit
Interest
Rate
Liquidity
Market |
Commodity-Related
Pooled Investment Vehicles:
Ownership interests in grantor trusts
and
other pooled investment vehicles, including commodity pools, that hold
tangible
assets
such as gold, silver and other commodities or invest in commodities
futures.
Grantor
trusts are typically traded on an exchange. |
6 |
Credit
Foreign
Investment
Leverage
Liquidity
Market
Valuation |
Common
Stock:
Shares of ownership of a company. |
2,
3, 5, 6, 8, 9, 12-15 |
Market |
Common
Stock Warrants and Rights:
Securities, typically issued with preferred stock or
bonds,
that give the holder the right to buy a proportionate amount of common
stock
at a
specified price. |
2,
3, 5, 6, 8, 9, 12-15 |
Credit
Market |
Convertible
Securities:
Bonds or preferred stock that can convert to common stock
including
contingent convertible securities. |
1-3,
5, 6, 8-15 |
Credit
Currency
Interest
Rate
Liquidity
Market
Political
Valuation
|
INSTRUMENT |
FUND
CODE |
RISK
TYPE |
Corporate
Debt Securities: May
include bonds and other debt securities of domestic
and
foreign issuers, including obligations of industrial, utility, banking and
other
corporate
issuers. |
1-6,
8-15 |
Credit
Currency
Interest
Rate
Liquidity
Market
Political
Prepayment
Valuation |
Credit
Default Swaps (CDSs): A
swap agreement between two parties pursuant to which
one
party pays the other a fixed periodic coupon for the specified life of the
agreement.
The other party makes no payment unless a credit event, relating to a
predetermined
reference asset, occurs. If such an event occurs, the party will then
make
a payment to the first party, and the swap will
terminate. |
1-6,
8-15 |
Credit
Currency
Interest
Rate
Leverage
Liquidity
Management
Market
Political
Valuation |
Custodial
Receipts: A
Fund may acquire securities in the form of custodial receipts that
evidence
ownership of future interest payments, principal payments or both on
certain
U.S. Treasury notes or bonds in connection with programs sponsored by
banks
and
brokerage firms. These are not considered to be U.S. government
securities.
These
notes and bonds are held in custody by a bank on behalf of the owners of
the
receipts. |
1,
2, 6-15 |
Credit
Liquidity
Market |
Demand
Features:
Securities that are subject to puts and standby commitments to
purchase
the securities at a fixed price (usually with accrued interest) within a
fixed
period
of time following demand by a Fund. |
1,
2, 4, 6, 8-13 |
Liquidity
Management
Market |
Emerging
Market Securities:
Securities issued by issuers or governments in countries
with
emerging economies or securities markets which may be undergoing
significant
evolution
and rapid developments. |
1-6,
8-15 |
Foreign
Investment |
Exchange
Traded Funds (ETFs):
Ownership interest in unit investment trusts, depositary
receipts,
and other pooled investment vehicles that hold a portfolio of securities
or
stocks
designed to track the price performance and dividend yield of a particular
broad-based,
sector or international index. ETFs include a wide range of investments
such
as iShares, Standard & Poor’s Depositary Receipts (SPDRs) and NASDAQ
100s. |
1,
2, 4-6, 8-15 |
Investment
Company
Market |
Foreign
Currency Transactions:
Strategies used to hedge against currency risks, for
other
risk management purposes or to increase income or gain to a Fund. These
strategies
may consist of use of any of the following: options on currencies,
financial
and
currency futures, options on such futures, forward foreign currency
transactions
(including
non-deliverable forwards (NDFs)), forward rate agreements and currency
swaps,
caps and floors. Certain Funds may engage in such transactions in both
U.S.
and
non-U.S. markets. |
2-4,
6, 9, 12-15 |
Credit
Foreign
Investment
Leverage
Liquidity
Management
Market
Prepayment |
Foreign
Investments:
Equity and debt securities (e.g., bonds and commercial paper) of
foreign
entities and obligations of foreign branches of U.S. banks and foreign
banks.
Foreign
securities may also include American Depositary Receipts (ADRs), Global
Depositary
Receipts (GDRs), European Depositary Receipts (EDRs) and American
Depositary
Securities. |
1-6,
8-15 |
Foreign
Investment
Liquidity
Market
Political
Prepayment
Valuation
|
INSTRUMENT |
FUND
CODE |
RISK
TYPE |
High
Yield/High Risk Securities/Junk Bonds:
Securities that are generally rated below
investment
grade by the primary rating agencies or are unrated but are deemed by a
Fund’s
adviser to be of comparable quality. |
2-6,
8, 9, 12-15 |
Credit
Currency
High
Yield Securities
Interest
Rate
Liquidity
Market
Political
Portfolio
Quality
Valuation |
Inflation-Linked
Debt Securities:
Includes fixed and floating rate debt securities of
varying
maturities issued by the U.S. government as well as securities issued by
other
entities
such as corporations, foreign governments and foreign
issuers. |
1-4,
6, 7, 9-15 |
Credit
Currency
Interest
Rate
Political |
Initial
Public Offerings (IPOs): A
transaction in which a previously private company
makes
its first sale of stock to the public. |
5,
6, 9, 15 |
Market |
Interfund
Lending:
Involves lending money and borrowing money for temporary
purposes
through a credit facility. |
1-15 |
Credit
Interest
Rate
Market |
Inverse
Floating Rate Instruments:
Leveraged variable debt instruments with interest
rates
that reset in the opposite direction from the market rate of interest to
which the
inverse
floater is indexed. |
1,
2, 4, 6-15 |
Credit
Leverage
Market |
Investment
Company Securities:
Shares of other investment companies, including
money
market funds for which the adviser and/or its affiliates serve as
investment
adviser
or administrator. The adviser will waive certain fees when investing in
funds
for
which it serves as investment adviser, to the extent required by law or
contract. |
1-15 |
Investment
Company
Market |
Loan
Assignments and Participations:
Assignments of, or participations in, all or a
portion
of loans to corporations or to governments, including governments of less
developed
countries. |
1-6,
8-15 |
Credit
Currency
Extension
Foreign
Investment
Interest
Rate
Liquidity
Market
Political
Prepayment |
Master
Limited Partnerships (MLPs):
Limited partnerships that are publicly traded on a
securities
exchange |
3,
5, 6, 8, 9, 12, 15 |
Market |
Mortgages
(Directly Held):
Debt instruments secured by real property. |
1,
2, 4-15 |
Credit
Environmental
Extension
Interest
Rate
Liquidity
Market
Natural
Event
Political
Prepayment
Valuation
|
INSTRUMENT |
FUND
CODE |
RISK
TYPE |
Mortgage-Backed
Securities:
Debt obligations secured by real estate loans and pools of
loans
such as collateralized mortgage obligations (CMOs), commercial
mortgage-
backed
securities (CMBSs) and other asset-backed
structures. |
1,
2, 6-15 |
Credit
Currency
Extension
Interest
Rate
Leverage
Liquidity
Market
Political
Prepayment
Tax
Valuation |
Mortgage
Dollar Rolls1
: A
transaction in which a Fund sells securities for delivery in a
current
month and simultaneously contracts with the same party to repurchase
similar
but not identical securities on a specified future
date. |
1,
2, 6, 7, 9-15 |
Currency
Extension
Interest
Rate
Leverage
Liquidity
Market
Political
Prepayment |
Municipal
Securities:
Securities issued by a state or political subdivision to obtain funds
for
various public purposes. Municipal securities include, among others,
private
activity
bonds and industrial development bonds, as well as general obligation
notes,
tax
anticipation notes, bond anticipation notes, revenue anticipation notes,
other
short-term
tax-exempt obligations, municipal leases, obligations of municipal housing
authorities
and single family revenue bonds. |
1-3,
6, 8-15 |
Credit
Interest
Rate
Market
Natural
Event
Political
Prepayment
Tax
Valuation |
New
Financial Products: New
options and futures contracts and other financial
products
continue to be developed and a Fund may invest in such options, contracts
and
products. |
1-15 |
Credit
Liquidity
Management
Market |
Obligations
of Supranational Agencies:
Obligations which are chartered to promote
economic
development and are supported by various governments and governmental
agencies. |
1-4,
6, 8, 9, 11-15 |
Credit
Foreign
Investment
Liquidity
Political
Valuation |
Options
and Futures Transactions: A
Fund may purchase and sell (a) exchange traded
and
over-the-counter put and call options on securities, indexes of securities
and
futures
contracts on securities, indexes of securities, interest rate futures
contracts
and
interest rate swaps and (b) futures contracts on securities and indexes of
securities. |
1-15 |
Credit
Leverage
Liquidity
Management
Market |
Preferred
Stock: A
class of stock that generally pays a dividend at a specified rate and
has
preference over common stock in the payment of dividends and in
liquidation. |
1-3,
5, 6, 8, 9, 10-15 |
Market |
Private
Placements, Restricted Securities and Other Unregistered
Securities:
Securities
not
registered under the Securities Act of 1933, such as privately placed
commercial
paper
and Rule 144A securities. |
1-6,
8-15 |
Liquidity
Market
Valuation
|
INSTRUMENT |
FUND
CODE |
RISK
TYPE |
Real
Estate Investment Trusts (REITs):
Pooled investment vehicles which invest
primarily
in income producing real estate or real estate related loans or
interest. |
1-6,
8-15 |
Credit
Interest
Rate
Liquidity
Management
Market
Political
Prepayment
Tax
Valuation |
Repurchase
Agreements: The
purchase of a security and the simultaneous
commitment
to return the security to the seller at an agreed upon price on an agreed
upon
date. This is treated as a loan. |
1-4,
6-15 |
Credit
Liquidity
Market |
Reverse
Repurchase Agreements1
: The
sale of a security and the simultaneous
commitment
to buy the security back at an agreed upon price on an agreed upon date.
This
is treated as a borrowing by a Fund. |
1,
2, 4, 6-15 |
Credit
Leverage
Market |
Securities
Issued in Connection with Reorganization and Corporate
Restructuring: In
connection
with reorganizing or restructuring of an issuer, an issuer may issue
common
stock or other securities to holders of its debt
securities. |
1-15 |
Market |
Securities
Lending: The
lending of up to 33 1∕3% of
a Fund’s total assets. In return, a
Fund
will receive cash, other securities, and/or letters of credit as
collateral. |
1-15 |
Credit
Leverage
Market |
Short
Selling: A
Fund sells a security it does not own in anticipation of a decline in the
market
value of the security. To complete the transaction, a Fund must borrow the
security
to make delivery to the buyer. A Fund is obligated to replace the security
borrowed
by purchasing it subsequently at the market price at the time of
replacement. |
4,
6, 13-15 |
Credit
Liquidity
Market |
Short-Term
Funding Agreements:
Agreements issued by banks and highly rated U.S.
insurance
companies such as Guaranteed Investment Contracts (GICs) and Bank
Investment
Contracts (BICs). |
1-4,
6, 8-15 |
Credit
Liquidity
Market |
Sovereign
Obligations:
Investments in debt obligations issued or guaranteed by a
foreign
sovereign government or its agencies, authorities or political
subdivisions. |
1-4,
6, 9, 11-15 |
Credit
Foreign
Investment
Liquidity
Political
Valuation |
Stripped
Mortgage-Backed Securities:
Derivative multi-class mortgage securities which
are
usually structured with two classes of shares that receive different
proportions of
the
interest and principal from a pool of mortgage assets. These include
Interest-Only
(IO)
and Principal-Only (PO) securities issued outside a Real Estate Mortgage
Investment
Conduit (REMIC) or CMO structure. |
1,
2, 6, 9-15 |
Credit
Liquidity
Market
Political
Prepayment
Valuation |
Structured
Investments: A
security having a return tied to an underlying index or other
security
or asset class. Structured investments generally are individually
negotiated
agreements
and may be traded over-the-counter. Structured investments are
organized
and operated to restructure the investment characteristics of the
underlying
security. |
1,
2, 4, 6-15 |
Credit
Foreign
Investment
Liquidity
Management
Market
Valuation
|
INSTRUMENT |
FUND
CODE |
RISK
TYPE |
Swaps
and Related Swap Products:
Swaps involve an exchange of obligations by two
parties.
Caps and floors entitle a purchaser to a principal amount from the seller
of
the
cap or floor to the extent that a specified index exceeds or falls below a
predetermined
interest rate or amount. A Fund may enter into these transactions to
manage
its exposure to changing interest rates and other
factors. |
1-15 |
Credit
Currency
Interest
Rate
Leverage
Liquidity
Management
Market
Political
Valuation |
Synthetic
Variable Rate Instruments:
Instruments that generally involve the deposit of
a
long-term tax exempt bond in a custody or trust arrangement and the
creation of a
mechanism
to adjust the long-term interest rate on the bond to a variable short-term
rate
and a right (subject to certain conditions) on the part of the purchaser
to tender it
periodically
to a third party at par. |
2,
4, 6, 9, 12-15 |
Credit
Liquidity
Market |
Temporary
Defensive Positions: To
respond to unusual circumstances a Fund may
invest
in cash and cash equivalents for temporary defensive
purposes. |
1-15 |
Credit
Interest
Rate
Liquidity
Market |
Treasury
Receipts: A
Fund may purchase interests in separately traded interest and
principal
component parts of U.S. Treasury obligations that are issued by banks or
brokerage
firms and that are created by depositing U.S. Treasury notes and
U.S.
Treasury bonds into a special account at a custodian bank. Receipts
include
Treasury
Receipts (TRs), Treasury Investment Growth Receipts (TIGRs), and
Certificates
of
Accrual on Treasury Securities (CATS). |
1-15 |
Market |
Trust
Preferreds:
Securities with characteristics of both subordinated debt and
preferred
stock. Trust preferreds are generally long term securities that make
periodic
fixed
or variable interest payments. |
1-6,
8-15 |
Credit
Currency
Interest
Rate
Liquidity
Market
Political
Valuation |
U.S.
Government Agency Securities:
Securities issued or guaranteed by agencies and
instrumentalities
of the U.S. government. These include all types of securities issued
by
Ginnie Mae, Fannie Mae and Freddie Mac, including funding notes,
subordinated
benchmark
notes, CMOs and REMICs. |
1-15 |
Credit
Government
Securities
Interest
Rate
Market |
U.S.
Government Obligations: May
include direct obligations of the U.S. Treasury,
including
Treasury bills, notes and bonds, all of which are backed as to principal
and
interest
payments by the full faith and credit of the United States, and separately
traded
principal and interest component parts of such obligations that are
transferable
through the Federal book-entry system known as Separate Trading of
Registered
Interest and Principal of Securities (STRIPS) and Coupons Under Book Entry
Safekeeping
(CUBES). |
1-15 |
Interest
Rate
Market |
Variable
and Floating Rate Instruments:
Obligations with interest rates which are reset
daily,
weekly, quarterly or some other frequency and which may be payable to a
Fund
on
demand or at the expiration of a specified term. |
1-15 |
Credit
Liquidity
Market
Valuation |
When-Issued
Securities, Delayed Delivery Securities and Forward
Commitments:
Purchase
or contract to purchase securities at a fixed price for delivery at a
future
date. |
1-15 |
Credit
Leverage
Liquidity
Market
Valuation
|
INSTRUMENT |
FUND
CODE |
RISK
TYPE |
Zero-Coupon,
Pay-in-Kind and Deferred Payment Securities:
Zero-coupon securities are
securities
that are sold at a discount to par value and on which interest payments
are
not
made during the life of the security. Pay-in-kind securities are
securities that have
interest
payable by delivery of additional securities. Deferred payment securities
are
zero-coupon
debt securities which convert on a specified date to interest bearing debt
securities. |
1-15 |
Credit
Currency
Interest
Rate
Liquidity
Market
Political
Valuation
Zero-Coupon
Securities |
|
Per
share operating performance | ||||||
|
|
Investment
operations |
Distributions | ||||
|
Net asset
value,
beginning
of
period |
Net
investment
income
(loss)(a) |
Net realized
and
unrealized
gains
(losses) on
investments |
Total from
investment
operations |
Net
investment
income |
Net
realized
gain |
Total
distributions |
JPMorgan
Core Bond Fund |
|
|
|
|
|
|
|
Class
A |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
$10.16 |
$0.35 |
$(0.05) |
$0.30 |
$(0.34) |
$— |
$(0.34) |
Year
Ended February 28, 2023 |
11.46 |
0.26 |
(1.30) |
(1.04) |
(0.26) |
—(d) |
(0.26) |
Year
Ended February 28, 2022 |
12.03 |
0.21 |
(0.48) |
(0.27) |
(0.21) |
(0.09) |
(0.30) |
Year
Ended February 28, 2021 |
12.27 |
0.25 |
(0.04) |
0.21 |
(0.25) |
(0.20) |
(0.45) |
Year
Ended February 29, 2020 |
11.33 |
0.29 |
1.00 |
1.29 |
(0.29) |
(0.06) |
(0.35) |
Class
C |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
10.25 |
0.29 |
(0.05) |
0.24 |
(0.28) |
— |
(0.28) |
Year
Ended February 28, 2023 |
11.55 |
0.20 |
(1.30) |
(1.10) |
(0.20) |
—(d) |
(0.20) |
Year
Ended February 28, 2022 |
12.13 |
0.14 |
(0.49) |
(0.35) |
(0.14) |
(0.09) |
(0.23) |
Year
Ended February 28, 2021 |
12.35 |
0.18 |
(0.02) |
0.16 |
(0.18) |
(0.20) |
(0.38) |
Year
Ended February 29, 2020 |
11.40 |
0.23 |
1.00 |
1.23 |
(0.22) |
(0.06) |
(0.28) |
Class
I |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
10.15 |
0.37 |
(0.04) |
0.33 |
(0.37) |
— |
(0.37) |
Year
Ended February 28, 2023 |
11.45 |
0.29 |
(1.30) |
(1.01) |
(0.29) |
—(d) |
(0.29) |
Year
Ended February 28, 2022 |
12.03 |
0.24 |
(0.49) |
(0.25) |
(0.24) |
(0.09) |
(0.33) |
Year
Ended February 28, 2021 |
12.26 |
0.28 |
(0.03) |
0.25 |
(0.28) |
(0.20) |
(0.48) |
Year
Ended February 29, 2020 |
11.32 |
0.32 |
1.00 |
1.32 |
(0.32) |
(0.06) |
(0.38) |
|
Ratios/Supplemental
data | |||||
|
|
|
Ratios
to average net assets |
| ||
Net asset
value,
end of
period |
Total return
(excludes
sales
charge)(b) |
Net asset,
end of
period
(000's) |
Net
expenses(c) |
Net
investment
income
(loss) |
Expenses
without
waivers and
reimbursements |
Portfolio
turnover
rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$10.12 |
3.04% |
$2,090,147 |
0.74% |
3.42% |
0.84% |
14% |
10.16 |
(9.07) |
1,857,712 |
0.75 |
2.52 |
0.84 |
46 |
11.46 |
(2.33) |
2,117,080 |
0.74 |
1.74 |
0.84 |
59 |
12.03 |
1.71 |
2,392,155 |
0.74 |
2.03 |
0.84 |
74 |
12.27 |
11.55 |
2,252,691 |
0.75 |
2.49 |
0.86 |
29 |
|
|
|
|
|
|
|
10.21 |
2.40 |
160,593 |
1.34 |
2.82 |
1.34 |
14 |
10.25 |
(9.54) |
170,735 |
1.33 |
1.91 |
1.34 |
46 |
11.55 |
(2.98) |
226,530 |
1.33 |
1.15 |
1.34 |
59 |
12.13 |
1.24 |
345,556 |
1.33 |
1.45 |
1.34 |
74 |
12.35 |
10.88 |
463,544 |
1.35 |
1.90 |
1.36 |
29 |
|
|
|
|
|
|
|
10.11 |
3.30 |
19,585,998 |
0.49 |
3.69 |
0.59 |
14 |
10.15 |
(8.85) |
12,873,707 |
0.50 |
2.79 |
0.59 |
46 |
11.45 |
(2.17) |
11,845,794 |
0.49 |
1.99 |
0.59 |
59 |
12.03 |
2.05 |
12,061,904 |
0.49 |
2.28 |
0.59 |
74 |
12.26 |
11.83 |
9,781,487 |
0.50 |
2.74 |
0.60 |
29 |
|
Per
share operating performance | ||||||
|
|
Investment
operations |
Distributions | ||||
|
Net asset
value,
beginning
of
period |
Net
investment
income
(loss)(a) |
Net realized
and
unrealized
gains
(losses) on
investments |
Total from
investment
operations |
Net
investment
income |
Net
realized
gain |
Total
distributions |
JPMorgan
Core Plus Bond Fund |
|
|
|
|
|
|
|
Class
A |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
$7.15 |
$0.28 |
$(0.03) |
$0.25 |
$(0.28) |
$— |
$(0.28) |
Year
Ended February 28, 2023 |
8.14 |
0.23 |
(0.99) |
(0.76) |
(0.23) |
— |
(0.23) |
Year
Ended February 28, 2022 |
8.56 |
0.18 |
(0.35) |
(0.17) |
(0.19) |
(0.06) |
(0.25) |
Year
Ended February 28, 2021 |
8.71 |
0.21 |
(0.01) |
0.20 |
(0.21) |
(0.14) |
(0.35) |
Year
Ended February 29, 2020 |
8.10 |
0.24 |
0.62 |
0.86 |
(0.25) |
— |
(0.25) |
Class
C |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
7.20 |
0.24 |
(0.02) |
0.22 |
(0.24) |
— |
(0.24) |
Year
Ended February 28, 2023 |
8.19 |
0.18 |
(0.99) |
(0.81) |
(0.18) |
— |
(0.18) |
Year
Ended February 28, 2022 |
8.62 |
0.13 |
(0.37) |
(0.24) |
(0.13) |
(0.06) |
(0.19) |
Year
Ended February 28, 2021 |
8.77 |
0.15 |
(0.01) |
0.14 |
(0.15) |
(0.14) |
(0.29) |
Year
Ended February 29, 2020 |
8.15 |
0.19 |
0.62 |
0.81 |
(0.19) |
— |
(0.19) |
Class
I |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
7.15 |
0.31 |
(0.04) |
0.27 |
(0.30) |
— |
(0.30) |
Year
Ended February 28, 2023 |
8.13 |
0.25 |
(0.98) |
(0.73) |
(0.25) |
— |
(0.25) |
Year
Ended February 28, 2022 |
8.56 |
0.21 |
(0.37) |
(0.16) |
(0.21) |
(0.06) |
(0.27) |
Year
Ended February 28, 2021 |
8.71 |
0.23 |
(0.01) |
0.22 |
(0.23) |
(0.14) |
(0.37) |
Year
Ended February 29, 2020 |
8.10 |
0.27 |
0.61 |
0.88 |
(0.27) |
— |
(0.27) |
|
Ratios/Supplemental
data | |||||
|
|
|
Ratios
to average net assets |
| ||
Net asset
value,
end of
period |
Total return
(excludes
sales
charge)(b) |
Net asset,
end of
period
(000's) |
Net
expenses(c) |
Net
investment
income
(loss) |
Expenses
without
waivers and
reimbursements |
Portfolio
turnover
rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$7.12 |
3.63% |
$1,431,467 |
0.74% |
3.96% |
0.89% |
51% |
7.15 |
(9.41) |
1,717,936 |
0.74 |
3.04 |
0.88 |
41 |
8.14 |
(2.08) |
1,888,867 |
0.74 |
2.17 |
0.89 |
64 |
8.56 |
2.29 |
1,774,114 |
0.74 |
2.39 |
0.89 |
69 |
8.71 |
10.74 |
1,818,636 |
0.74 |
2.89 |
0.90 |
36 |
|
|
|
|
|
|
|
7.18 |
3.07 |
65,518 |
1.38 |
3.33 |
1.39 |
51 |
7.20 |
(9.94) |
74,823 |
1.38 |
2.37 |
1.39 |
41 |
8.19 |
(2.82) |
112,092 |
1.38 |
1.53 |
1.39 |
64 |
8.62 |
1.62 |
156,679 |
1.38 |
1.75 |
1.39 |
69 |
8.77 |
10.08 |
197,747 |
1.39 |
2.25 |
1.40 |
36 |
|
|
|
|
|
|
|
7.12 |
3.93 |
5,304,373 |
0.45 |
4.30 |
0.63 |
51 |
7.15 |
(9.04) |
4,017,428 |
0.45 |
3.34 |
0.63 |
41 |
8.13 |
(1.92) |
3,991,530 |
0.45 |
2.46 |
0.63 |
64 |
8.56 |
2.60 |
3,743,946 |
0.45 |
2.66 |
0.63 |
69 |
8.71 |
11.06 |
2,912,783 |
0.45 |
3.18 |
0.65 |
36 |
|
Per
share operating performance | ||||||
|
|
Investment
operations |
Distributions | ||||
|
Net asset
value,
beginning
of
period |
Net
investment
income
(loss)(a) |
Net realized
and
unrealized
gains
(losses) on
investments |
Total from
investment
operations |
Net
investment
income |
Net
realized
gain |
Total
distributions |
JPMorgan
Corporate Bond Fund |
|
|
|
|
|
|
|
Class
A |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
$8.12 |
$0.36 |
$0.13 |
$0.49 |
$(0.35) |
$— |
$(0.35) |
Year
Ended February 28, 2023 |
9.45 |
0.26 |
(1.27) |
(1.01) |
(0.27) |
(0.05) |
(0.32) |
Year
Ended February 28, 2022 |
10.52 |
0.22 |
(0.51) |
(0.29) |
(0.32) |
(0.46) |
(0.78) |
Year
Ended February 28, 2021 |
10.62 |
0.22 |
0.06 |
0.28 |
(0.22) |
(0.16) |
(0.38) |
Year
Ended February 29, 2020 |
9.45 |
0.28 |
1.18 |
1.46 |
(0.29) |
— |
(0.29) |
Class
C |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
8.11 |
0.32 |
0.12 |
0.44 |
(0.31) |
— |
(0.31) |
Year
Ended February 28, 2023 |
9.43 |
0.22 |
(1.27) |
(1.05) |
(0.22) |
(0.05) |
(0.27) |
Year
Ended February 28, 2022 |
10.51 |
0.17 |
(0.52) |
(0.35) |
(0.27) |
(0.46) |
(0.73) |
Year
Ended February 28, 2021 |
10.60 |
0.17 |
0.06 |
0.23 |
(0.16) |
(0.16) |
(0.32) |
Year
Ended February 29, 2020 |
9.43 |
0.22 |
1.20 |
1.42 |
(0.25) |
— |
(0.25) |
Class
I |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
8.14 |
0.38 |
0.13 |
0.51 |
(0.37) |
— |
(0.37) |
Year
Ended February 28, 2023 |
9.47 |
0.28 |
(1.27) |
(0.99) |
(0.29) |
(0.05) |
(0.34) |
Year
Ended February 28, 2022 |
10.54 |
0.25 |
(0.52) |
(0.27) |
(0.34) |
(0.46) |
(0.80) |
Year
Ended February 28, 2021 |
10.64 |
0.25 |
0.05 |
0.30 |
(0.24) |
(0.16) |
(0.40) |
Year
Ended February 29, 2020 |
9.46 |
0.30 |
1.20 |
1.50 |
(0.32) |
— |
(0.32) |
|
Ratios/Supplemental
data | |||||
|
|
|
Ratios
to average net assets |
| ||
Net asset
value,
end of
period |
Total return
(excludes
sales
charge)(b) |
Net asset,
end of
period
(000's) |
Net
expenses(c) |
Net
investment
income
(loss) |
Expenses
without
waivers and
reimbursements |
Portfolio
turnover
rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$8.26 |
6.15% |
$35,066 |
0.74% |
4.41% |
1.03% |
131% |
8.12 |
(10.77) |
26,475 |
0.74 |
3.10 |
1.00 |
119 |
9.45 |
(3.07) |
32,861 |
0.75 |
2.18 |
0.98 |
71 |
10.52 |
2.62 |
32,410 |
0.74 |
2.07 |
0.94 |
100 |
10.62 |
15.68 |
25,040 |
0.74 |
2.75 |
1.06 |
86 |
|
|
|
|
|
|
|
8.24 |
5.51 |
5,571 |
1.24 |
3.91 |
1.54 |
131 |
8.11 |
(11.13) |
4,028 |
1.24 |
2.62 |
1.53 |
119 |
9.43 |
(3.66) |
4,590 |
1.25 |
1.68 |
1.48 |
71 |
10.51 |
2.21 |
6,465 |
1.24 |
1.61 |
1.41 |
100 |
10.60 |
15.18 |
4,310 |
1.24 |
2.20 |
1.57 |
86 |
|
|
|
|
|
|
|
8.28 |
6.40 |
74,313 |
0.49 |
4.70 |
0.78 |
131 |
8.14 |
(10.53) |
53,149 |
0.49 |
3.30 |
0.76 |
119 |
9.47 |
(2.83) |
81,447 |
0.50 |
2.42 |
0.73 |
71 |
10.54 |
2.86 |
201,450 |
0.49 |
2.37 |
0.66 |
100 |
10.64 |
16.05 |
128,396 |
0.49 |
2.90 |
0.79 |
86 |
|
Per
share operating performance | ||||
|
|
Investment
operations |
Distributions | ||
|
Net asset
value,
beginning
of
period |
Net
investment
income
(loss)(a) |
Net realized
and
unrealized
gains
(losses) on
investments |
Total from
investment
operations |
Net
investment
income |
JPMorgan
Emerging Markets Debt Fund |
|
|
|
|
|
Class
A |
|
|
|
|
|
Year
Ended February 29, 2024 |
$5.90 |
$0.35 |
$0.16 |
$0.51 |
$(0.33) |
Year
Ended February 28, 2023 |
6.87 |
0.32 |
(0.94) |
(0.62) |
(0.35) |
Year
Ended February 28, 2022 |
7.94 |
0.32 |
(1.07) |
(0.75) |
(0.32) |
Year
Ended February 28, 2021 |
8.09 |
0.33 |
(0.21) |
0.12 |
(0.27) |
Year
Ended February 29, 2020 |
7.89 |
0.36 |
0.20 |
0.56 |
(0.36) |
Class
C |
|
|
|
|
|
Year
Ended February 29, 2024 |
5.88 |
0.31 |
0.15 |
0.46 |
(0.29) |
Year
Ended February 28, 2023 |
6.83 |
0.29 |
(0.92) |
(0.63) |
(0.32) |
Year
Ended February 28, 2022 |
7.90 |
0.28 |
(1.07) |
(0.79) |
(0.28) |
Year
Ended February 28, 2021 |
8.05 |
0.27 |
(0.19) |
0.08 |
(0.23) |
Year
Ended February 29, 2020 |
7.86 |
0.32 |
0.19 |
0.51 |
(0.32) |
Class
I |
|
|
|
|
|
Year
Ended February 29, 2024 |
5.92 |
0.36 |
0.15 |
0.51 |
(0.34) |
Year
Ended February 28, 2023 |
6.87 |
0.34 |
(0.92) |
(0.58) |
(0.37) |
Year
Ended February 28, 2022 |
7.95 |
0.34 |
(1.08) |
(0.74) |
(0.34) |
Year
Ended February 28, 2021 |
8.10 |
0.34 |
(0.20) |
0.14 |
(0.29) |
Year
Ended February 29, 2020 |
7.91 |
0.39 |
0.18 |
0.57 |
(0.38) |
|
Ratios/Supplemental
data | |||||
|
|
|
Ratios
to average net assets |
| ||
Net asset
value,
end of
period |
Total return
(excludes
sales
charge)(b) |
Net asset,
end of
period
(000's) |
Net
expenses(c) |
Net
investment
income
(loss) |
Expenses
without
waivers and
reimbursements |
Portfolio
turnover
rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$6.08 |
8.92% |
$23,037 |
1.05% |
5.87% |
1.31% |
61% |
5.90 |
(8.89) |
24,588 |
1.08 |
5.34 |
1.31 |
72 |
6.87 |
(9.83) |
26,388 |
1.10 |
4.05 |
1.27 |
37 |
7.94 |
1.71 |
23,705 |
1.12 |
4.27 |
1.31 |
92 |
8.09 |
7.16 |
50,481 |
1.20 |
4.50 |
1.34 |
106 |
|
|
|
|
|
|
|
6.05 |
8.19 |
384 |
1.55 |
5.31 |
1.87 |
61 |
5.88 |
(9.11) |
894 |
1.58 |
4.79 |
1.80 |
72 |
6.83 |
(10.36) |
1,353 |
1.60 |
3.52 |
1.81 |
37 |
7.90 |
1.22 |
2,511 |
1.61 |
3.58 |
1.80 |
92 |
8.05 |
6.52 |
4,322 |
1.70 |
3.97 |
1.82 |
106 |
|
|
|
|
|
|
|
6.09 |
8.99 |
39,648 |
0.79 |
6.13 |
1.06 |
61 |
5.92 |
(8.36) |
36,301 |
0.83 |
5.52 |
1.05 |
72 |
6.87 |
(9.73) |
47,910 |
0.85 |
4.28 |
1.02 |
37 |
7.95 |
1.98 |
54,850 |
0.86 |
4.35 |
1.03 |
92 |
8.10 |
7.28 |
78,153 |
0.95 |
4.74 |
1.05 |
106 |
|
Per
share operating performance | ||||
|
|
Investment
operations |
Distributions | ||
|
Net asset
value,
beginning
of
period |
Net
investment
income
(loss)(a) |
Net realized
and
unrealized
gains
(losses) on
investments |
Total from
investment
operations |
Net
investment
income |
JPMorgan
Floating Rate Income Fund |
|
|
|
|
|
Class
A |
|
|
|
|
|
Year
Ended February 29, 2024 |
$8.50 |
$0.66 |
$0.04 |
$0.70 |
$(0.66) |
Year
Ended February 28, 2023 |
8.85 |
0.46 |
(0.35) |
0.11 |
(0.46) |
Year
Ended February 28, 2022 |
8.93 |
0.26 |
(0.06) |
0.20 |
(0.28) |
Year
Ended February 28, 2021 |
8.93 |
0.32 |
(0.01) |
0.31 |
(0.31) |
Year
Ended February 29, 2020 |
9.23 |
0.46 |
(0.32) |
0.14 |
(0.44) |
Class
C |
|
|
|
|
|
Year
Ended February 29, 2024 |
8.47 |
0.61 |
0.05 |
0.66 |
(0.62) |
Year
Ended February 28, 2023 |
8.82 |
0.40 |
(0.33) |
0.07 |
(0.42) |
Year
Ended February 28, 2022 |
8.90 |
0.22 |
(0.07) |
0.15 |
(0.23) |
Year
Ended February 28, 2021 |
8.90 |
0.28 |
(0.01) |
0.27 |
(0.27) |
Year
Ended February 29, 2020 |
9.20 |
0.40 |
(0.31) |
0.09 |
(0.39) |
Class
I |
|
|
|
|
|
Year
Ended February 29, 2024 |
8.50 |
0.68 |
0.04 |
0.72 |
(0.68) |
Year
Ended February 28, 2023 |
8.85 |
0.46 |
(0.32) |
0.14 |
(0.49) |
Year
Ended February 28, 2022 |
8.93 |
0.28 |
(0.06) |
0.22 |
(0.30) |
Year
Ended February 28, 2021 |
8.93 |
0.34 |
(0.01) |
0.33 |
(0.33) |
Year
Ended February 29, 2020 |
9.23 |
0.47 |
(0.31) |
0.16 |
(0.46) |
|
Ratios/Supplemental
data | |||||
|
|
|
Ratios
to average net assets |
| ||
Net asset
value,
end of
period |
Total return
(excludes sales
charge)(b) |
Net asset,
end of
period
(000's) |
Net
expenses(c) |
Net
investment
income
(loss) |
Expenses
without
waivers and
reimbursements |
Portfolio
turnover
rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$8.54 |
8.59% |
$45,226 |
0.99% |
7.74% |
1.29% |
40% |
8.50 |
1.47 |
49,383 |
1.00 |
5.36 |
1.22 |
11 |
8.85 |
2.21 |
45,553 |
1.00 |
2.87 |
1.20 |
40 |
8.93 |
3.77 |
23,591 |
0.99 |
3.69 |
1.18 |
36 |
8.93 |
1.49 |
31,754 |
0.99 |
5.05 |
1.20 |
46 |
|
|
|
|
|
|
|
8.51 |
8.08 |
4,430 |
1.49 |
7.22 |
1.81 |
40 |
8.47 |
0.96 |
6,681 |
1.50 |
4.71 |
1.72 |
11 |
8.82 |
1.71 |
8,985 |
1.50 |
2.42 |
1.70 |
40 |
8.90 |
3.25 |
8,970 |
1.49 |
3.27 |
1.69 |
36 |
8.90 |
1.00 |
15,886 |
1.49 |
4.36 |
1.68 |
46 |
|
|
|
|
|
|
|
8.54 |
8.86 |
164,684 |
0.74 |
7.98 |
1.03 |
40 |
8.50 |
1.72 |
214,095 |
0.75 |
5.45 |
0.96 |
11 |
8.85 |
2.46 |
300,314 |
0.75 |
3.17 |
0.94 |
40 |
8.93 |
4.03 |
262,775 |
0.74 |
3.97 |
0.92 |
36 |
8.93 |
1.76 |
388,979 |
0.74 |
5.19 |
0.91 |
46 |
|
Per
share operating performance | ||||||
|
|
Investment
operations |
Distributions | ||||
|
Net asset
value,
beginning
of
period |
Net
investment
income
(loss)(a) |
Net realized
and
unrealized
gains
(losses) on
investments |
Total from
investment
operations |
Net
investment
income |
Net
realized
gain |
Total
distributions |
JPMorgan
Global Bond Opportunities Fund |
|
|
|
|
|
|
|
Class
A |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
$9.49 |
$0.40 |
$0.05 |
$0.45 |
$(0.35) |
$— |
$(0.35) |
Year
Ended February 28, 2023 |
10.10 |
0.32 |
(0.60) |
(0.28) |
(0.33) |
—(d) |
(0.33) |
Year
Ended February 28, 2022 |
10.49 |
0.26 |
(0.39) |
(0.13) |
(0.26) |
— |
(0.26) |
Year
Ended February 28, 2021 |
10.13 |
0.29 |
0.39 |
0.68 |
(0.32) |
— |
(0.32) |
Year
Ended February 29, 2020 |
9.83 |
0.32 |
0.36 |
0.68 |
(0.38) |
— |
(0.38) |
Class
C |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
9.46 |
0.36 |
0.04 |
0.40 |
(0.31) |
— |
(0.31) |
Year
Ended February 28, 2023 |
10.06 |
0.28 |
(0.59) |
(0.31) |
(0.29) |
—(d) |
(0.29) |
Year
Ended February 28, 2022 |
10.45 |
0.21 |
(0.39) |
(0.18) |
(0.21) |
— |
(0.21) |
Year
Ended February 28, 2021 |
10.10 |
0.25 |
0.38 |
0.63 |
(0.28) |
— |
(0.28) |
Year
Ended February 29, 2020 |
9.79 |
0.28 |
0.36 |
0.64 |
(0.33) |
— |
(0.33) |
Class
I |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
9.52 |
0.43 |
0.03 |
0.46 |
(0.37) |
— |
(0.37) |
Year
Ended February 28, 2023 |
10.13 |
0.35 |
(0.60) |
(0.25) |
(0.36) |
—(d) |
(0.36) |
Year
Ended February 28, 2022 |
10.51 |
0.28 |
(0.38) |
(0.10) |
(0.28) |
— |
(0.28) |
Year
Ended February 28, 2021 |
10.16 |
0.32 |
0.37 |
0.69 |
(0.34) |
— |
(0.34) |
Year
Ended February 29, 2020 |
9.85 |
0.35 |
0.36 |
0.71 |
(0.40) |
— |
(0.40) |
|
Ratios/Supplemental
data | |||||
|
|
|
Ratios
to average net assets |
| ||
Net asset
value,
end of
period |
Total return
(excludes sales
charge)(b) |
Net asset,
end of
period
(000's) |
Net
expenses(c) |
Net
investment
income
(loss) |
Expenses
without
waivers and
reimbursements |
Portfolio
turnover
rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$9.59 |
4.85% |
$161,627 |
0.90% |
4.25% |
1.07% |
131% |
9.49 |
(2.68) |
157,631 |
0.90 |
3.34 |
1.07 |
52 |
10.10 |
(1.32) |
205,516 |
0.90 |
2.44 |
1.07 |
51 |
10.49 |
6.83 |
259,738 |
0.90 |
2.86 |
1.06 |
83 |
10.13 |
6.92 |
227,521 |
0.90 |
3.16 |
1.11 |
72 |
|
|
|
|
|
|
|
9.55 |
4.32 |
31,551 |
1.30 |
3.83 |
1.57 |
131 |
9.46 |
(2.98) |
45,718 |
1.30 |
2.94 |
1.57 |
52 |
10.06 |
(1.72) |
56,993 |
1.30 |
2.04 |
1.57 |
51 |
10.45 |
6.32 |
65,348 |
1.30 |
2.46 |
1.56 |
83 |
10.10 |
6.62 |
69,721 |
1.30 |
2.77 |
1.62 |
72 |
|
|
|
|
|
|
|
9.61 |
4.98 |
2,779,525 |
0.65 |
4.51 |
0.82 |
131 |
9.52 |
(2.43) |
2,508,577 |
0.65 |
3.61 |
0.81 |
52 |
10.13 |
(0.97) |
2,833,995 |
0.65 |
2.69 |
0.81 |
51 |
10.51 |
6.97 |
2,563,642 |
0.65 |
3.11 |
0.81 |
83 |
10.16 |
7.27 |
2,318,008 |
0.65 |
3.41 |
0.86 |
72 |
|
Per
share operating performance | ||||||
|
|
Investment
operations |
Distributions | ||||
|
Net asset
value,
beginning
of
period |
Net
investment
income
(loss)(a) |
Net realized
and
unrealized
gains
(losses) on
investments |
Total from
investment
operations |
Net
investment
income |
Net
realized
gain |
Total
distributions |
JPMorgan
Government Bond Fund |
|
|
|
|
|
|
|
Class
A |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
$9.43 |
$0.23 |
$(0.04) |
$0.19 |
$(0.23) |
$— |
$(0.23) |
Year
Ended February 28, 2023 |
10.59 |
0.18 |
(1.16) |
(0.98) |
(0.18) |
— |
(0.18) |
Year
Ended February 28, 2022 |
11.05 |
0.13 |
(0.45) |
(0.32) |
(0.14) |
— |
(0.14) |
Year
Ended February 28, 2021 |
11.16 |
0.14 |
(0.09) |
0.05 |
(0.14) |
(0.02) |
(0.16) |
Year
Ended February 29, 2020 |
10.32 |
0.23 |
0.84 |
1.07 |
(0.23) |
— |
(0.23) |
Class
C |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
9.40 |
0.18 |
(0.04) |
0.14 |
(0.18) |
— |
(0.18) |
Year
Ended February 28, 2023 |
10.56 |
0.12 |
(1.16) |
(1.04) |
(0.12) |
— |
(0.12) |
Year
Ended February 28, 2022 |
11.01 |
0.07 |
(0.45) |
(0.38) |
(0.07) |
— |
(0.07) |
Year
Ended February 28, 2021 |
11.12 |
0.08 |
(0.09) |
(0.01) |
(0.08) |
(0.02) |
(0.10) |
Year
Ended February 29, 2020 |
10.29 |
0.16 |
0.83 |
0.99 |
(0.16) |
— |
(0.16) |
Class
I |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
9.42 |
0.25 |
(0.04) |
0.21 |
(0.25) |
— |
(0.25) |
Year
Ended February 28, 2023 |
10.59 |
0.20 |
(1.17) |
(0.97) |
(0.20) |
— |
(0.20) |
Year
Ended February 28, 2022 |
11.04 |
0.16 |
(0.44) |
(0.28) |
(0.17) |
— |
(0.17) |
Year
Ended February 28, 2021 |
11.15 |
0.17 |
(0.09) |
0.08 |
(0.17) |
(0.02) |
(0.19) |
Year
Ended February 29, 2020 |
10.32 |
0.25 |
0.83 |
1.08 |
(0.25) |
— |
(0.25) |
|
Ratios/Supplemental
data | |||||
|
|
|
Ratios
to average net assets |
| ||
Net asset
value,
end of
period |
Total return
(excludes
sales
charge)(b) |
Net asset,
end of
period
(000's) |
Net
expenses(c) |
Net
investment
income
(loss) |
Expenses
without
waivers and
reimbursements |
Portfolio
turnover
rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$9.39 |
2.00% |
$269,764 |
0.69% |
2.41% |
0.90% |
12% |
9.43 |
(9.29) |
307,677 |
0.73 |
1.81 |
0.89 |
14 |
10.59 |
(2.95) |
417,020 |
0.75 |
1.23 |
0.89 |
7 |
11.05 |
0.41 |
493,321 |
0.74 |
1.28 |
0.89 |
55 |
11.16 |
10.43 |
441,395 |
0.74 |
2.11 |
0.91 |
12 |
|
|
|
|
|
|
|
9.36 |
1.49 |
14,962 |
1.19 |
1.92 |
1.41 |
12 |
9.40 |
(9.85) |
18,448 |
1.31 |
1.23 |
1.39 |
14 |
10.56 |
(3.47) |
29,041 |
1.36 |
0.62 |
1.39 |
7 |
11.01 |
(0.18) |
49,005 |
1.34 |
0.67 |
1.39 |
55 |
11.12 |
9.69 |
40,117 |
1.36 |
1.49 |
1.41 |
12 |
|
|
|
|
|
|
|
9.38 |
2.26 |
771,234 |
0.44 |
2.66 |
0.64 |
12 |
9.42 |
(9.15) |
771,871 |
0.47 |
2.07 |
0.64 |
14 |
10.59 |
(2.60) |
1,315,495 |
0.48 |
1.50 |
0.64 |
7 |
11.04 |
0.68 |
1,718,670 |
0.47 |
1.54 |
0.63 |
55 |
11.15 |
10.63 |
1,277,275 |
0.47 |
2.37 |
0.65 |
12 |
|
Per
share operating performance | ||||
|
|
Investment
operations |
Distributions | ||
|
Net asset
value,
beginning
of
period |
Net
investment
income
(loss)(a) |
Net realized
and
unrealized
gains
(losses) on
investments |
Total from
investment
operations |
Net
investment
income |
JPMorgan
High Yield Fund |
|
|
|
|
|
Class
A |
|
|
|
|
|
Year
Ended February 29, 2024 |
$6.18 |
$0.38 |
$0.16 |
$0.54 |
$(0.39) |
Year
Ended February 28, 2023 |
6.95 |
0.35 |
(0.75) |
(0.40) |
(0.37) |
Year
Ended February 28, 2022 |
7.12 |
0.31 |
(0.15) |
0.16 |
(0.33) |
Year
Ended February 28, 2021 |
7.07 |
0.30 |
0.06 |
0.36 |
(0.31) |
Year
Ended February 29, 2020 |
7.13 |
0.38 |
(0.05) |
0.33 |
(0.39) |
Class
C |
|
|
|
|
|
Year
Ended February 29, 2024 |
6.20 |
0.36 |
0.15 |
0.51 |
(0.36) |
Year
Ended February 28, 2023 |
6.97 |
0.32 |
(0.75) |
(0.43) |
(0.34) |
Year
Ended February 28, 2022 |
7.14 |
0.28 |
(0.16) |
0.12 |
(0.29) |
Year
Ended February 28, 2021 |
7.09 |
0.27 |
0.06 |
0.33 |
(0.28) |
Year
Ended February 29, 2020 |
7.14 |
0.35 |
(0.05) |
0.30 |
(0.35) |
Class
I |
|
|
|
|
|
Year
Ended February 29, 2024 |
6.22 |
0.40 |
0.17 |
0.57 |
(0.41) |
Year
Ended February 28, 2023 |
6.99 |
0.36 |
(0.74) |
(0.38) |
(0.39) |
Year
Ended February 28, 2022 |
7.17 |
0.33 |
(0.16) |
0.17 |
(0.35) |
Year
Ended February 28, 2021 |
7.12 |
0.32 |
0.06 |
0.38 |
(0.33) |
Year
Ended February 29, 2020 |
7.17 |
0.40 |
(0.04) |
0.36 |
(0.41) |
|
Ratios/Supplemental
data | |||||
|
|
|
Ratios
to average net assets |
| ||
Net asset
value,
end of
period |
Total return
(excludes
sales
charge)(b) |
Net asset,
end of
period
(000's) |
Net
expenses(c) |
Net
investment
income
(loss) |
Expenses
without
waivers and
reimbursements |
Portfolio
turnover
rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$6.33 |
9.17% |
$443,254 |
0.90% |
6.22% |
1.10% |
25% |
6.18 |
(5.70) |
406,279 |
0.90 |
5.58 |
1.10 |
34 |
6.95 |
2.19 |
446,823 |
0.97 |
4.31 |
1.10 |
27 |
7.12 |
5.51 |
400,076 |
0.98 |
4.46 |
1.11 |
52 |
7.07 |
4.70 |
496,262 |
0.99 |
5.31 |
1.16 |
60 |
|
|
|
|
|
|
|
6.35 |
8.60 |
36,075 |
1.40 |
5.72 |
1.60 |
25 |
6.20 |
(6.16) |
30,659 |
1.40 |
5.02 |
1.60 |
34 |
6.97 |
1.66 |
42,181 |
1.47 |
3.81 |
1.60 |
27 |
7.14 |
4.95 |
53,033 |
1.48 |
4.01 |
1.60 |
52 |
7.09 |
4.30 |
94,217 |
1.49 |
4.81 |
1.65 |
60 |
|
|
|
|
|
|
|
6.38 |
9.55 |
797,888 |
0.64 |
6.47 |
0.84 |
25 |
6.22 |
(5.44) |
674,485 |
0.65 |
5.64 |
0.85 |
34 |
6.99 |
2.27 |
1,282,388 |
0.72 |
4.54 |
0.85 |
27 |
7.17 |
5.74 |
2,092,183 |
0.73 |
4.59 |
0.84 |
52 |
7.12 |
5.07 |
1,401,211 |
0.74 |
5.57 |
0.92 |
60 |
|
Per
share operating performance | ||||||
|
|
Investment
operations |
Distributions | ||||
|
Net asset
value,
beginning
of
period |
Net
investment
income
(loss)(a) |
Net realized
and
unrealized
gains
(losses) on
investments |
Total from
investment
operations |
Net
investment
income |
Net
realized
gain |
Total
distributions |
JPMorgan
Income Fund |
|
|
|
|
|
|
|
Class
A |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
$8.26 |
$0.42 |
$0.08 |
$0.50 |
$(0.42) |
$— |
$(0.42) |
Year
Ended February 28, 2023 |
9.17 |
0.37 |
(0.90) |
(0.53) |
(0.38) |
— |
(0.38) |
Year
Ended February 28, 2022 |
9.52 |
0.33 |
(0.33) |
—(d) |
(0.35) |
— |
(0.35) |
Year
Ended February 28, 2021 |
9.69 |
0.40 |
(0.14) |
0.26 |
(0.42) |
(0.01) |
(0.43) |
Year
Ended February 29, 2020 |
9.32 |
0.45 |
0.38 |
0.83 |
(0.46) |
—(d) |
(0.46) |
Class
C |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
8.26 |
0.38 |
0.08 |
0.46 |
(0.37) |
— |
(0.37) |
Year
Ended February 28, 2023 |
9.17 |
0.32 |
(0.89) |
(0.57) |
(0.34) |
— |
(0.34) |
Year
Ended February 28, 2022 |
9.52 |
0.28 |
(0.34) |
(0.06) |
(0.29) |
— |
(0.29) |
Year
Ended February 28, 2021 |
9.69 |
0.34 |
(0.13) |
0.21 |
(0.37) |
(0.01) |
(0.38) |
Year
Ended February 29, 2020 |
9.32 |
0.40 |
0.38 |
0.78 |
(0.41) |
—(d) |
(0.41) |
Class
I |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
8.25 |
0.44 |
0.08 |
0.52 |
(0.44) |
— |
(0.44) |
Year
Ended February 28, 2023 |
9.16 |
0.39 |
(0.89) |
(0.50) |
(0.41) |
— |
(0.41) |
Year
Ended February 28, 2022 |
9.51 |
0.36 |
(0.34) |
0.02 |
(0.37) |
— |
(0.37) |
Year
Ended February 28, 2021 |
9.68 |
0.41 |
(0.13) |
0.28 |
(0.44) |
(0.01) |
(0.45) |
Year
Ended February 29, 2020 |
9.31 |
0.48 |
0.37 |
0.85 |
(0.48) |
—(d) |
(0.48) |
|
Ratios/Supplemental
data | |||||
|
|
|
Ratios
to average net assets |
| ||
Net asset
value,
end of
period |
Total return
(excludes
sales
charge)(b) |
Net asset,
end of
period
(000's) |
Net
expenses(c) |
Net
investment
income
(loss) |
Expenses
without
waivers and
reimbursements |
Portfolio
turnover
rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$8.34 |
6.26% |
$515,243 |
0.65% |
5.12% |
0.90% |
185% |
8.26 |
(5.75) |
509,503 |
0.64 |
4.33 |
0.89 |
166 |
9.17 |
(0.10) |
606,729 |
0.65 |
3.52 |
0.89 |
54 |
9.52 |
2.99 |
652,967 |
0.65 |
4.34 |
0.91 |
69 |
9.69 |
9.10 |
838,317 |
0.65 |
4.72 |
0.97 |
77 |
|
|
|
|
|
|
|
8.35 |
5.78 |
542,709 |
1.20 |
4.57 |
1.40 |
185 |
8.26 |
(6.29) |
625,211 |
1.20 |
3.75 |
1.39 |
166 |
9.17 |
(0.64) |
865,194 |
1.20 |
2.98 |
1.39 |
54 |
9.52 |
2.41 |
989,123 |
1.19 |
3.73 |
1.41 |
69 |
9.69 |
8.52 |
939,761 |
1.21 |
4.16 |
1.46 |
77 |
|
|
|
|
|
|
|
8.33 |
6.54 |
5,999,683 |
0.40 |
5.37 |
0.64 |
185 |
8.25 |
(5.51) |
5,667,171 |
0.40 |
4.56 |
0.64 |
166 |
9.16 |
0.14 |
7,076,663 |
0.40 |
3.77 |
0.64 |
54 |
9.51 |
3.26 |
5,261,057 |
0.40 |
4.50 |
0.66 |
69 |
9.68 |
9.39 |
3,652,760 |
0.40 |
4.95 |
0.71 |
77 |
|
Per
share operating performance | ||||||
|
|
Investment
operations |
Distributions | ||||
|
Net asset
value,
beginning
of
period |
Net
investment
income
(loss)(a) |
Net realized
and
unrealized
gains
(losses) on
investments |
Total from
investment
operations |
Net
investment
income |
Net
realized
gain |
Total
distributions |
JPMorgan
Mortgage-Backed Securities Fund |
|
|
|
|
|
|
|
Class
A |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
$10.29 |
$0.34 |
$0.01 |
$0.35 |
$(0.32) |
$— |
$(0.32) |
Year
Ended February 28, 2023 |
11.43 |
0.24 |
(1.15) |
(0.91) |
(0.23) |
— |
(0.23) |
Year
Ended February 28, 2022 |
11.82 |
0.14 |
(0.38) |
(0.24) |
(0.14) |
(0.01) |
(0.15) |
Year
Ended February 28, 2021 |
11.87 |
0.25 |
0.04 |
0.29 |
(0.24) |
(0.10) |
(0.34) |
Year
Ended February 29, 2020 |
11.31 |
0.33 |
0.59 |
0.92 |
(0.32) |
(0.04) |
(0.36) |
Class
C |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
9.96 |
0.28 |
0.01 |
0.29 |
(0.27) |
— |
(0.27) |
Year
Faded February 28, 2023 |
11.07 |
0.18 |
(1.11) |
(0.93) |
(0.18) |
— |
(0.18) |
Year
Ended February 28, 2022 |
11.46 |
0.08 |
(0.38) |
(0.30) |
(0.08) |
(0.01) |
(0.09) |
Year
Ended February 28, 2021 |
11.52 |
0.18 |
0.04 |
0.22 |
(0.18) |
(0.10) |
(0.28) |
Year
Ended February 29, 2020 |
10.99 |
0.27 |
0.57 |
0.84 |
(0.27) |
(0.04) |
(0.31) |
Class
I |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
9.99 |
0.35 |
0.01 |
0.36 |
(0.34) |
— |
(0.34) |
Year
Ended February 28, 2023 |
11.10 |
0.26 |
(1.11) |
(0.85) |
(0.26) |
— |
(0.26) |
Year
Ended February 28, 2022 |
11.50 |
0.16 |
(0.38) |
(0.22) |
(0.17) |
(0.01) |
(0.18) |
Year
Ended February 28, 2021 |
11.55 |
0.27 |
0.05 |
0.32 |
(0.27) |
(0.10) |
(0.37) |
Year
Ended February 29, 2020 |
11.02 |
0.35 |
0.57 |
0.92 |
(0.35) |
(0.04) |
(0.39) |
|
Ratios/Supplemental
data | |||||
|
|
|
Ratios
to average net assets |
| ||
Net asset
value,
end of
period |
Total return
(excludes
sales
charge)(b) |
Net asset,
end of
period
(000's) |
Net
expenses(c) |
Net
investment
income
(loss) |
Expenses
without
waivers and
reimbursements |
Portfolio
turnover
rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$10.32 |
3.44% |
$105,192 |
0.65% |
3.28% |
0.86% |
20% |
10.29 |
(7.96) |
115,123 |
0.65 |
2.26 |
0.85 |
57 |
11.43 |
(2.13) |
171,700 |
0.64 |
1.18 |
0.85 |
132 |
11.82 |
2.48 |
194,516 |
0.63 |
2.08 |
0.85 |
93 |
11.87 |
8.25 |
149,102 |
0.64 |
2.88 |
0.90 |
23 |
|
|
|
|
|
|
|
9.98 |
2.95 |
9,722 |
1.15 |
2.78 |
1.36 |
20 |
9.96 |
(8.40) |
10,343 |
1.15 |
1.75 |
1.36 |
57 |
11.07 |
(2.68) |
16,914 |
1.14 |
0.67 |
1.35 |
132 |
11.46 |
1.98 |
22,617 |
1.13 |
1.56 |
1.35 |
93 |
11.52 |
7.69 |
12,887 |
1.14 |
2.38 |
1.41 |
23 |
|
|
|
|
|
|
|
10.01 |
3.72 |
2,512,039 |
0.40 |
3.51 |
0.60 |
20 |
9.99 |
(7.68) |
1,743,676 |
0.40 |
2.52 |
0.60 |
57 |
11.10 |
(2.02) |
1,999,614 |
0.39 |
1.42 |
0.60 |
132 |
11.50 |
2.81 |
2,290,016 |
0.38 |
2.31 |
0.60 |
93 |
11.55 |
8.47 |
1,451,956 |
0.39 |
3.13 |
0.64 |
23 |
|
Per
share operating performance | ||||||
|
|
Investment
operations |
Distributions | ||||
|
Net asset
value,
beginning
of
period |
Net
investment
income
(loss)(a) |
Net realized
and
unrealized
gains
(losses) on
investments |
Total from
investment
operations |
Net
investment
income |
Net
realized
gain |
Total
distributions |
JPMorgan
Short Duration Bond Fund |
|
|
|
|
|
|
|
Class
A |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
$10.47 |
$0.31 |
$0.18 |
$0.49 |
$(0.31) |
$— |
$(0.31) |
Year
Ended February 28, 2023 |
10.86 |
0.15 |
(0.39) |
(0.24) |
(0.15) |
— |
(0.15) |
Year
Ended February 28, 2022 |
11.15 |
0.07 |
(0.26) |
(0.19) |
(0.08) |
(0.02) |
(0.10) |
Year
Ended February 28, 2021 |
11.00 |
0.15 |
0.18 |
0.33 |
(0.16) |
(0.02) |
(0.18) |
Year
Ended February 29, 2020 |
10.72 |
0.23 |
0.28 |
0.51 |
(0.23) |
— |
(0.23) |
Class
C |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
10.55 |
0.26 |
0.18 |
0.44 |
(0.26) |
— |
(0.26) |
Year
Ended February 28, 2023 |
10.94 |
0.09 |
(0.38) |
(0.29) |
(0.10) |
— |
(0.10) |
Year
Ended February 28, 2022 |
11.23 |
0.01 |
(0.26) |
(0.25) |
(0.02) |
(0.02) |
(0.04) |
Year
Ended February 28, 2021 |
11.08 |
0.10 |
0.18 |
0.28 |
(0.11) |
(0.02) |
(0.13) |
Year
Ended February 29, 2020 |
10.80 |
0.18 |
0.28 |
0.46 |
(0.18) |
— |
(0.18) |
Class
I |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
10.48 |
0.34 |
0.19 |
0.53 |
(0.34) |
— |
(0.34) |
Year
Ended February 28, 2023 |
10.87 |
0.16 |
(0.37) |
(0.21) |
(0.18) |
— |
(0.18) |
Year
Ended February 28, 2022 |
11.16 |
0.10 |
(0.26) |
(0.16) |
(0.11) |
(0.02) |
(0.13) |
Year
Ended February 28, 2021 |
11.01 |
0.17 |
0.19 |
0.36 |
(0.19) |
(0.02) |
(0.21) |
Year
Ended February 29, 2020 |
10.74 |
0.26 |
0.27 |
0.53 |
(0.26) |
— |
(0.26) |
|
Ratios/Supplemental
data | |||||
|
|
|
Ratios
to average net assets |
| ||
Net asset
value,
end of
period |
Total return
(excludes
sales
charge)(b) |
Net asset,
end of
period
(000's) |
Net
expenses(c) |
Net
investment
income
(loss) |
Expenses
without
waivers and
reimbursements |
Portfolio
turnover
rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$10.65 |
4.75% |
$643,376 |
0.58% |
2.96% |
0.81% |
83% |
10.47 |
(2.20) |
646,165 |
0.58 |
1.38 |
0.82 |
74 |
10.86 |
(1.72) |
677,013 |
0.59 |
0.62 |
0.81 |
83 |
11.15 |
3.05 |
599,105 |
0.58 |
1.34 |
0.82 |
63 |
11.00 |
4.84 |
305,826 |
0.66 |
2.13 |
0.84 |
88 |
|
|
|
|
|
|
|
10.73 |
4.19 |
31,431 |
1.09 |
2.47 |
1.32 |
83 |
10.55 |
(2.67) |
25,387 |
1.08 |
0.88 |
1.32 |
74 |
10.94 |
(2.21) |
26,327 |
1.09 |
0.13 |
1.32 |
83 |
11.23 |
2.52 |
34,138 |
1.08 |
0.87 |
1.33 |
63 |
11.08 |
4.26 |
23,359 |
1.17 |
1.64 |
1.35 |
88 |
|
|
|
|
|
|
|
10.67 |
5.11 |
1,683,579 |
0.33 |
3.20 |
0.56 |
83 |
10.48 |
(1.96) |
1,566,171 |
0.34 |
1.55 |
0.57 |
74 |
10.87 |
(1.47) |
2,928,638 |
0.34 |
0.86 |
0.56 |
83 |
11.16 |
3.30 |
2,472,206 |
0.33 |
1.53 |
0.57 |
63 |
11.01 |
4.99 |
673,511 |
0.41 |
2.38 |
0.59 |
88 |
|
Per
share operating performance | ||||||
|
|
Investment
operations |
Distributions | ||||
|
Net asset
value,
beginning
of
period |
Net
investment
income
(loss)(a) |
Net realized
and
unrealized
gains
(losses) on
investments |
Total from
investment
operations |
Net
investment
income |
Net
realized
gain |
Total
distributions |
JPMorgan
Short Duration Core Plus Fund |
|
|
|
|
|
|
|
Class
A |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
$8.94 |
$0.28 |
$0.17 |
$0.45 |
$(0.29) |
$— |
$(0.29) |
Year
Ended February 28, 2023 |
9.50 |
0.20 |
(0.54) |
(0.34) |
(0.22) |
— |
(0.22) |
Year
Ended February 28, 2022 |
9.85 |
0.12 |
(0.32) |
(0.20) |
(0.13) |
(0.02) |
(0.15) |
Year
Ended February 28, 2021 |
9.74 |
0.17 |
0.14 |
0.31 |
(0.18) |
(0.02) |
(0.20) |
Year
Ended February 29, 2020 |
9.41 |
0.24 |
0.31 |
0.55 |
(0.22) |
— |
(0.22) |
Class
C |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
8.92 |
0.24 |
0.17 |
0.41 |
(0.25) |
— |
(0.25) |
Year
Ended February 28, 2023 |
9.47 |
0.16 |
(0.54) |
(0.38) |
(0.17) |
— |
(0.17) |
Year
Ended February 28, 2022 |
9.83 |
0.07 |
(0.33) |
(0.26) |
(0.08) |
(0.02) |
(0.10) |
Year
Ended February 28, 2021 |
9.72 |
0.11 |
0.16 |
0.27 |
(0.14) |
(0.02) |
(0.16) |
Year
Ended February 29, 2020 |
9.39 |
0.18 |
0.33 |
0.51 |
(0.18) |
— |
(0.18) |
Class
I |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
8.94 |
0.31 |
0.16 |
0.47 |
(0.31) |
— |
(0.31) |
Year
Ended February 28, 2023 |
9.50 |
0.22 |
(0.54) |
(0.32) |
(0.24) |
— |
(0.24) |
Year
Ended February 28, 2022 |
9.85 |
0.15 |
(0.32) |
(0.17) |
(0.16) |
(0.02) |
(0.18) |
Year
Ended February 28, 2021 |
9.74 |
0.18 |
0.16 |
0.34 |
(0.21) |
(0.02) |
(0.23) |
Year
Ended February 29, 2020 |
9.40 |
0.25 |
0.34 |
0.59 |
(0.25) |
— |
(0.25) |
|
Ratios/Supplemental
data | |||||
|
|
|
Ratios
to average net assets |
| ||
Net asset
value,
end of
period |
Total return
(excludes
sales
charge)(b) |
Net asset,
end of
period
(000's) |
Net
expenses(c) |
Net
investment
income
(loss) |
Expenses
without
waivers and
reimbursements |
Portfolio
turnover
rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$9.10 |
5.14% |
$386,431 |
0.64% |
3.15% |
0.85% |
43% |
8.94 |
(3.57) |
369,487 |
0.63 |
2.24 |
0.86 |
130 |
9.50 |
(2.01) |
494,841 |
0.63 |
1.27 |
0.84 |
129 |
9.85 |
3.25 |
364,872 |
0.63 |
1.73 |
0.85 |
129 |
9.74 |
5.95 |
95,222 |
0.64 |
2.46 |
0.92 |
157 |
|
|
|
|
|
|
|
9.08 |
4.63 |
31,941 |
1.14 |
2.65 |
1.35 |
43 |
8.92 |
(3.97) |
30,862 |
1.13 |
1.73 |
1.36 |
130 |
9.47 |
(2.61) |
46,136 |
1.13 |
0.77 |
1.35 |
129 |
9.83 |
2.77 |
42,071 |
1.13 |
1.17 |
1.35 |
129 |
9.72 |
5.45 |
7,825 |
1.14 |
1.92 |
1.41 |
157 |
|
|
|
|
|
|
|
9.10 |
5.41 |
1,655,673 |
0.39 |
3.39 |
0.60 |
43 |
8.94 |
(3.33) |
2,180,474 |
0.38 |
2.45 |
0.61 |
130 |
9.50 |
(1.77) |
4,199,718 |
0.38 |
1.52 |
0.59 |
129 |
9.85 |
3.49 |
2,286,573 |
0.38 |
1.88 |
0.60 |
129 |
9.74 |
6.31 |
187,225 |
0.39 |
2.64 |
0.65 |
157 |
|
Per
share operating performance | ||||
|
|
Investment
operations |
Distributions | ||
|
Net asset
value,
beginning
of
period |
Net
investment
income
(loss)(a) |
Net realized
and
unrealized
gains
(losses) on
investments |
Total from
investment
operations |
Net
investment
income |
JPMorgan
Strategic Income Opportunities Fund |
|
|
|
|
|
Class
A |
|
|
|
|
|
Year
Ended February 29, 2024 |
$11.36 |
$0.54 |
$0.02 |
$0.56 |
$(0.53) |
Year
Ended February 28, 2023 |
11.45 |
0.23 |
(0.07) |
0.16 |
(0.25) |
Year
Ended February 28, 2022 |
11.50 |
0.03 |
(0.05) |
(0.02) |
(0.03) |
Year
Ended February 28, 2021 |
11.42 |
0.09 |
0.08 |
0.17 |
(0.09) |
Year
Ended February 29, 2020 |
11.47 |
0.27 |
(0.04) |
0.23 |
(0.28) |
Class
C |
|
|
|
|
|
Year
Ended February 29, 2024 |
11.29 |
0.48 |
0.02 |
0.50 |
(0.47) |
Year
Ended February 28, 2023 |
11.39 |
0.16 |
(0.06) |
0.10 |
(0.20) |
Year
Ended February 28, 2022 |
11.46 |
(0.02) |
(0.05) |
(0.07) |
—(f) |
Year
Ended February 28, 2021 |
11.39 |
0.05 |
0.05 |
0.10 |
(0.03) |
Year
Ended February 29, 2020 |
11.44 |
0.22 |
(0.05) |
0.17 |
(0.22) |
Class
I |
|
|
|
|
|
Year
Ended February 29, 2024 |
11.39 |
0.57 |
0.03 |
0.60 |
(0.56) |
Year
Ended February 28, 2023 |
11.48 |
0.26 |
(0.08) |
0.18 |
(0.27) |
Year
Ended February 28, 2022 |
11.53 |
0.06 |
(0.05) |
0.01 |
(0.06) |
Year
Ended February 28, 2021 |
11.45 |
0.12 |
0.08 |
0.20 |
(0.12) |
Year
Ended February 29, 2020 |
11.50 |
0.30 |
(0.05) |
0.25 |
(0.30) |
|
February
29, 2024 |
February
28, 2023 |
February
28, 2022 |
February
28, 2021 |
February
29, 2020 |
Net
expenses (excluding dividend and |
|
|
|
|
|
interest
expense for securities sold short) |
|
|
|
|
|
Class
A |
—% |
—% |
—% |
—% |
0.98% |
Class
C |
—% |
—% |
—% |
—% |
1.48% |
Class
I |
—% |
—% |
—% |
—% |
0.73% |
Expenses
without waivers and |
|
|
|
|
|
reimbursements
(excluding dividend |
|
|
|
|
|
and
interest expense for securities |
|
|
|
|
|
sold
short) |
|
|
|
|
|
Class
A |
—% |
—% |
—% |
—% |
1.04% |
Class
C |
—% |
—% |
—% |
—% |
1.54% |
Class
I |
—% |
—% |
—% |
—% |
0.79% |
|
Ratios/Supplemental
data | ||||||
|
|
|
Ratios
to average net assets |
|
| ||
Net asset
value,
end of
period |
Total return
(excludes
sales
charge)(b) |
Net asset,
end of
period
(000's) |
Net
expenses
(including
interest
expense for
securities
sold
short)(c) |
Net
Investment
income
(loss) |
Expenses
without
waivers and
reimbursements
(including
interest
expense for
securities
sold
short) |
Portfollo
turnover
rate
(excluding
securities
sold
short)(d) |
Portfollo
turnover
rate
(Including
securities
sold
short)(d) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$11.39 |
5.02% |
$760,124 |
0.91% |
4.73% |
1.05% |
565% |
—% |
11.36 |
1.38 |
769,071 |
0.90 |
1.98 |
1.04 |
410 |
— |
11.45 |
(0.17) |
874,236 |
0.97 |
0.29 |
1.04 |
134 |
— |
11.50 |
1.49 |
955,348 |
0.94 |
0.82 |
1.04 |
130 |
— |
11.42 |
1.99 |
988,793 |
0.98(e) |
2.36 |
1.04(e) |
52 |
53 |
|
|
|
|
|
|
|
|
11.32 |
4.53 |
131,415 |
1.41 |
4.21 |
1.55 |
565 |
— |
11.29 |
0.86 |
152,504 |
1.40 |
1.44 |
1.54 |
410 |
— |
11.39 |
(0.60) |
191,301 |
1.47 |
(0.19) |
1.55 |
134 |
— |
11.46 |
0.92 |
297,525 |
1.44 |
0.41 |
1.54 |
130 |
— |
11.39 |
1.47 |
550,457 |
1.48(e) |
1.90 |
1.54(e) |
52 |
53 |
|
|
|
|
|
|
|
|
11.43 |
5.36 |
6,778,756 |
0.66 |
4.98 |
0.79 |
565 |
— |
11.39 |
1.62 |
6,592,191 |
0.65 |
2.29 |
0.79 |
410 |
— |
11.48 |
0.06 |
6,538,863 |
0.72 |
0.54 |
0.79 |
134 |
— |
11.53 |
1.74 |
7,522,680 |
0.69 |
1.08 |
0.78 |
130 |
— |
11.45 |
2.23 |
8,366,484 |
0.73(e) |
2.62 |
0.79(e) |
52 |
53 |
|
Per
share operating performance | ||||||
|
|
Investment
operations |
Distributions | ||||
|
Net asset
value,
beginning
of
period |
Net
investment
income
(loss)(a) |
Net realized
and
unrealized
gains
(losses) on
investments |
Total from
investment
operations |
Net
investment
income |
Net
realized
gain |
Total
distributions |
JPMorgan
Total Return Fund |
|
|
|
|
|
|
|
Class
A |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
$8.76 |
$0.30 |
$(0.05) |
$0.25 |
$(0.30) |
$— |
$(0.30) |
Year
Ended February 28, 2023 |
9.96 |
0.19 |
(1.18) |
(0.99) |
(0.21) |
— |
(0.21) |
Year
Ended February 28, 2022 |
10.45 |
0.12 |
(0.41) |
(0.29) |
(0.12) |
(0.08) |
(0.20) |
Year
Ended February 28, 2021 |
10.57 |
0.12 |
(0.01) |
0.11 |
(0.14) |
(0.09) |
(0.23) |
Year
Ended February 29, 2020 |
9.73 |
0.25 |
0.84 |
1.09 |
(0.25) |
— |
(0.25) |
Class
C |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
8.74 |
0.24 |
(0.05) |
0.19 |
(0.24) |
— |
(0.24) |
Year
Ended February 28, 2023 |
9.93 |
0.13 |
(1.17) |
(1.04) |
(0.15) |
— |
(0.15) |
Year
Ended February 28, 2022 |
10.43 |
0.05 |
(0.42) |
(0.37) |
(0.05) |
(0.08) |
(0.13) |
Year
Ended February 28, 2021 |
10.55 |
0.06 |
(0.02) |
0.04 |
(0.07) |
(0.09) |
(0.16) |
Year
Ended February 29, 2020 |
9.71 |
0.19 |
0.84 |
1.03 |
(0.19) |
— |
(0.19) |
Class
I |
|
|
|
|
|
|
|
Year
Ended February 29, 2024 |
8.78 |
0.31 |
(0.05) |
0.26 |
(0.31) |
— |
(0.31) |
Year
Ended February 28, 2023 |
9.98 |
0.20 |
(1.18) |
(0.98) |
(0.22) |
— |
(0.22) |
Year
Ended February 28, 2022 |
10.48 |
0.13 |
(0.42) |
(0.29) |
(0.13) |
(0.08) |
(0.21) |
Year
Ended February 28, 2021 |
10.60 |
0.14 |
(0.02) |
0.12 |
(0.15) |
(0.09) |
(0.24) |
Year
Ended February 29, 2020 |
9.76 |
0.26 |
0.84 |
1.10 |
(0.26) |
— |
(0.26) |
|
Ratios/Supplemental
data | |||||
|
|
|
Ratios
to average net assets |
| ||
Net asset
value,
end of
period |
Total return
(excludes
sales
charge)(b) |
Net asset,
end of
period
(000's) |
Net
expenses(c) |
Net
investment
income
(loss) |
Expenses
without
waivers and
reimbursements |
Portfolio
turnover
rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$8.71 |
2.93% |
$49,689 |
0.61% |
3.46% |
1.09% |
490% |
8.76 |
(10.00) |
52,561 |
0.62 |
2.11 |
1.05 |
483 |
9.96 |
(2.86) |
78,349 |
0.65 |
1.15 |
0.99 |
475 |
10.45 |
1.05 |
96,936 |
0.62 |
1.14 |
0.94 |
496 |
10.57 |
11.38 |
113,237 |
0.64 |
2.50 |
0.98 |
420 |
|
|
|
|
|
|
|
8.69 |
2.25 |
3,329 |
1.26 |
2.78 |
1.61 |
490 |
8.74 |
(10.53) |
6,677 |
1.27 |
1.42 |
1.57 |
483 |
9.93 |
(3.60) |
12,271 |
1.30 |
0.49 |
1.49 |
475 |
10.43 |
0.40 |
20,687 |
1.27 |
0.59 |
1.45 |
496 |
10.55 |
10.69 |
23,047 |
1.29 |
1.84 |
1.49 |
420 |
|
|
|
|
|
|
|
8.73 |
3.03 |
76,444 |
0.51 |
3.55 |
0.83 |
490 |
8.78 |
(9.89) |
92,804 |
0.52 |
2.19 |
0.80 |
483 |
9.98 |
(2.85) |
159,421 |
0.55 |
1.23 |
0.72 |
475 |
10.48 |
1.14 |
445,514 |
0.52 |
1.30 |
0.69 |
496 |
10.60 |
11.46 |
423,165 |
0.54 |
2.58 |
0.72 |
420 |
|
Per
share operating performance | ||||
|
|
Investment
operations |
Distributions | ||
|
Net asset
value,
beginning
of
period |
Net
investment
income
(loss)(a) |
Net realized
and
unrealized
gains
(losses) on
investments |
Total from
investment
operations |
Net
investment
income |
JPMorgan
Unconstrained Debt Fund |
|
|
|
|
|
Class
A |
|
|
|
|
|
Year
Ended February 29, 2024 |
$9.44 |
$0.37 |
$0.16 |
$0.53 |
$(0.35) |
Year
Ended February 28, 2023 |
9.69 |
0.27 |
(0.23) |
0.04 |
(0.29) |
Year
Ended February 28, 2022 |
10.07 |
0.19 |
(0.33) |
(0.14) |
(0.24) |
Year
Ended February 28, 2021 |
9.89 |
0.21 |
0.29 |
0.50 |
(0.32) |
Year
Ended February 29, 2020 |
9.68 |
0.30 |
0.17 |
0.47 |
(0.26) |
Class
C |
|
|
|
|
|
Year
Ended February 29, 2024 |
9.37 |
0.32 |
0.15 |
0.47 |
(0.30) |
Year
Ended February 28, 2023 |
9.62 |
0.22 |
(0.22) |
— |
(0.25) |
Year
Ended February 28, 2022 |
10.00 |
0.14 |
(0.33) |
(0.19) |
(0.19) |
Year
Ended February 28, 2021 |
9.82 |
0.16 |
0.29 |
0.45 |
(0.27) |
Year
Ended February 29, 2020 |
9.61 |
0.25 |
0.17 |
0.42 |
(0.21) |
Class
I |
|
|
|
|
|
Year
Ended February 29, 2024 |
9.46 |
0.39 |
0.16 |
0.55 |
(0.37) |
Year
Ended February 28, 2023 |
9.71 |
0.30 |
(0.23) |
0.07 |
(0.32) |
Year
Ended February 28, 2022 |
10.09 |
0.22 |
(0.34) |
(0.12) |
(0.26) |
Year
Ended February 28, 2021 |
9.90 |
0.23 |
0.30 |
0.53 |
(0.34) |
Year
Ended February 29, 2020 |
9.69 |
0.32 |
0.18 |
0.50 |
(0.29) |
|
Ratios/Supplemental
data | |||||
|
|
|
Ratios
to average net assets |
| ||
Net asset
value,
end of
period |
Total return
(excludes
sales
charge)(b) |
Net asset,
end of
period
(000's) |
Net
expenses(c) |
Net
investment
income
(loss) |
Expenses
without
waivers and
reimbursements |
Portfolio
turnover
rate |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$9.62 |
5.72% |
$19,236 |
0.89% |
3.92% |
1.10% |
177% |
9.44 |
0.49 |
16,724 |
0.89 |
2.89 |
1.10 |
45 |
9.69 |
(1.44) |
15,008 |
0.89 |
1.92 |
1.09 |
103 |
10.07 |
5.11 |
12,724 |
0.89 |
2.19 |
1.08 |
333 |
9.89 |
4.93 |
36,967 |
0.90 |
3.04 |
1.11 |
74 |
|
|
|
|
|
|
|
9.54 |
5.12 |
3,176 |
1.39 |
3.41 |
1.62 |
177 |
9.37 |
(0.01) |
3,458 |
1.39 |
2.37 |
1.60 |
45 |
9.62 |
(1.95) |
4,178 |
1.39 |
1.40 |
1.59 |
103 |
10.00 |
4.66 |
5,040 |
1.38 |
1.58 |
1.58 |
333 |
9.82 |
4.44 |
6,015 |
1.40 |
2.54 |
1.61 |
74 |
|
|
|
|
|
|
|
9.64 |
5.97 |
794,056 |
0.64 |
4.17 |
0.84 |
177 |
9.46 |
0.74 |
781,364 |
0.64 |
3.13 |
0.84 |
45 |
9.71 |
(1.19) |
841,494 |
0.64 |
2.16 |
0.83 |
103 |
10.09 |
5.48 |
736,969 |
0.63 |
2.31 |
0.83 |
333 |
9.90 |
5.18 |
640,098 |
0.65 |
3.28 |
0.85 |
74 |
|
|
|
|
|
Class |
Net
Expense Ratio |
Gross
Expense Ratio |
JPMorgan
Core Bond Fund |
A |
0.75
% |
0.85
% |
|
C |
1.34
% |
1.35
% |
|
I |
0.50
% |
0.60
% |
JPMorgan
Core Plus Bond Fund |
A |
0.75
% |
0.90
% |
|
C |
1.39
% |
1.40
% |
|
I |
0.46
% |
0.64
% |
JPMorgan
Government Bond Fund |
A |
0.70
% |
0.91
% |
|
C |
1.20
% |
1.42
% |
|
I |
0.45
% |
0.65
% |
JPMorgan
High Yield Fund |
A |
0.90
% |
1.11
% |
|
C |
1.40
% |
1.61
% |
|
I |
0.65
% |
0.85
% |
JPMorgan
Mortgage-Backed Securities Fund |
A |
0.65
% |
0.87
% |
|
C |
1.15
% |
1.37
% |
|
I |
0.40
% |
0.61
% |
JPMorgan
Short Duration Bond Fund |
A |
0.59
% |
0.82
% |
|
C |
1.09
% |
1.33
% |
|
I |
0.34
% |
0.57
% |
JPMorgan
Core Bond Fund | ||||||||
|
Class
A |
Class
C1
| ||||||
Period
Ended |
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
June
30, 2025 |
$449 |
1.06% |
0.34% |
0.34% |
$136 |
5.00% |
3.66% |
3.66% |
June
30, 2026 |
87 |
6.12 |
4.50 |
4.15 |
142 |
10.25 |
7.44 |
3.65 |
June
30, 2027 |
91 |
11.42 |
8.84 |
4.15 |
148 |
15.76 |
11.37 |
3.65 |
June
30, 2028 |
94 |
16.99 |
13.36 |
4.15 |
153 |
21.55 |
15.43 |
3.65 |
June
30, 2029 |
98 |
22.84 |
18.06 |
4.15 |
159 |
27.63 |
19.64 |
3.65 |
June
30, 2030 |
102 |
28.98 |
22.96 |
4.15 |
164 |
34.01 |
24.01 |
3.65 |
June
30, 2031 |
107 |
35.43 |
28.07 |
4.15 |
170 |
40.71 |
28.54 |
3.65 |
June
30, 2032 |
111 |
42.21 |
33.38 |
4.15 |
177 |
47.75 |
33.23 |
3.65 |
June
30, 2033 |
116 |
49.32 |
38.92 |
4.15 |
116 |
55.13 |
38.76 |
4.15 |
June
30, 2034 |
121 |
56.78 |
44.68 |
4.15 |
120 |
62.89 |
44.52 |
4.15 |
|
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
|
|
$236 |
4.00% |
2.66% |
2.66% |
|
| ||||
|
Class
I | |||
Period
Ended |
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
June
30, 2025 |
$51 |
5.00% |
4.50% |
4.50% |
June
30, 2026 |
64 |
10.25 |
9.10 |
4.40 |
June
30, 2027 |
67 |
15.76 |
13.90 |
4.40 |
June
30, 2028 |
70 |
21.55 |
18.91 |
4.40 |
June
30, 2029 |
73 |
27.63 |
24.14 |
4.40 |
June
30, 2030 |
76 |
34.01 |
29.60 |
4.40 |
June
30, 2031 |
79 |
40.71 |
35.31 |
4.40 |
June
30, 2032 |
83 |
47.75 |
41.26 |
4.40 |
June
30, 2033 |
87 |
55.13 |
47.48 |
4.40 |
June
30, 2034 |
90 |
62.89 |
53.96 |
4.40 |
JPMorgan
Core Plus Bond Fund | ||||||||
|
Class
A |
Class
C1
| ||||||
Period
Ended |
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
June
30, 2025 |
$449 |
1.06% |
0.34% |
0.34% |
$142 |
5.00% |
3.61% |
3.61% |
June
30, 2026 |
92 |
6.12 |
4.45 |
4.10 |
148 |
10.25 |
7.34 |
3.60 |
June
30, 2027 |
96 |
11.42 |
8.74 |
4.10 |
153 |
15.76 |
11.20 |
3.60 |
June
30, 2028 |
100 |
16.99 |
13.20 |
4.10 |
158 |
21.55 |
15.21 |
3.60 |
June
30, 2029 |
104 |
22.84 |
17.84 |
4.10 |
164 |
27.63 |
19.36 |
3.60 |
June
30, 2030 |
108 |
28.98 |
22.67 |
4.10 |
170 |
34.01 |
23.65 |
3.60 |
June
30, 2031 |
113 |
35.43 |
27.70 |
4.10 |
176 |
40.71 |
28.10 |
3.60 |
June
30, 2032 |
117 |
42.21 |
32.93 |
4.10 |
183 |
47.75 |
32.71 |
3.60 |
June
30, 2033 |
122 |
49.32 |
38.38 |
4.10 |
122 |
55.13 |
38.16 |
4.10 |
June
30, 2034 |
127 |
56.78 |
44.06 |
4.10 |
127 |
62.89 |
43.82 |
4.10 |
|
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
|
|
$242 |
4.00% |
2.61% |
2.61% |
|
| ||||
|
Class
I | |||
Period
Ended |
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
June
30, 2025 |
$47 |
5.00% |
4.54% |
4.54% |
June
30, 2026 |
68 |
10.25 |
9.10 |
4.36 |
June
30, 2027 |
71 |
15.76 |
13.85 |
4.36 |
June
30, 2028 |
74 |
21.55 |
18.82 |
4.36 |
June
30, 2029 |
78 |
27.63 |
24.00 |
4.36 |
June
30, 2030 |
81 |
34.01 |
29.41 |
4.36 |
June
30, 2031 |
85 |
40.71 |
35.05 |
4.36 |
June
30, 2032 |
88 |
47.75 |
40.94 |
4.36 |
June
30, 2033 |
92 |
55.13 |
47.08 |
4.36 |
June
30, 2034 |
96 |
62.89 |
53.49 |
4.36 |
JPMorgan
Government Bond Fund | ||||||||
|
Class
A |
Class
C1
| ||||||
Period
Ended |
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
June
30, 2025 |
$444 |
1.06% |
0.39% |
0.39% |
$122 |
5.00% |
3.80% |
3.80% |
June
30, 2026 |
93 |
6.12 |
4.49 |
4.09 |
150 |
10.25 |
7.52 |
3.58 |
June
30, 2027 |
97 |
11.42 |
8.77 |
4.09 |
155 |
15.76 |
11.37 |
3.58 |
June
30, 2028 |
101 |
16.99 |
13.22 |
4.09 |
161 |
21.55 |
15.35 |
3.58 |
June
30, 2029 |
105 |
22.84 |
17.85 |
4.09 |
167 |
27.63 |
19.48 |
3.58 |
June
30, 2030 |
109 |
28.98 |
22.67 |
4.09 |
173 |
34.01 |
23.76 |
3.58 |
June
30, 2031 |
114 |
35.43 |
27.68 |
4.09 |
179 |
40.71 |
28.19 |
3.58 |
June
30, 2032 |
119 |
42.21 |
32.91 |
4.09 |
185 |
47.75 |
32.78 |
3.58 |
June
30, 2033 |
123 |
49.32 |
38.34 |
4.09 |
123 |
55.13 |
38.21 |
4.09 |
June
30, 2034 |
128 |
56.78 |
44.00 |
4.09 |
128 |
62.89 |
43.86 |
4.09 |
|
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
|
|
$222 |
4.00% |
2.80% |
2.80% |
|
| ||||
|
Class
I | |||
Period
Ended |
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
June
30, 2025 |
$46 |
5.00% |
4.55% |
4.55% |
June
30, 2026 |
69 |
10.25 |
9.10 |
4.35 |
June
30, 2027 |
72 |
15.76 |
13.84 |
4.35 |
June
30, 2028 |
76 |
21.55 |
18.80 |
4.35 |
June
30, 2029 |
79 |
27.63 |
23.96 |
4.35 |
June
30, 2030 |
82 |
34.01 |
29.36 |
4.35 |
June
30, 2031 |
86 |
40.71 |
34.98 |
4.35 |
June
30, 2032 |
90 |
47.75 |
40.85 |
4.35 |
June
30, 2033 |
94 |
55.13 |
46.98 |
4.35 |
June
30, 2034 |
98 |
62.89 |
53.38 |
4.35 |
JPMorgan
High Yield Fund | ||||||||
|
Class
A |
Class
C1
| ||||||
Period
Ended |
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
June
30, 2025 |
$463 |
1.06% |
0.20% |
0.20% |
$143 |
5.00% |
3.60% |
3.60% |
June
30, 2026 |
113 |
6.12 |
4.09 |
3.89 |
170 |
10.25 |
7.11 |
3.39 |
June
30, 2027 |
118 |
11.42 |
8.14 |
3.89 |
175 |
15.76 |
10.74 |
3.39 |
June
30, 2028 |
122 |
16.99 |
12.35 |
3.89 |
181 |
21.55 |
14.50 |
3.39 |
June
30, 2029 |
127 |
22.84 |
16.72 |
3.89 |
187 |
27.63 |
18.38 |
3.39 |
June
30, 2030 |
132 |
28.98 |
21.26 |
3.89 |
194 |
34.01 |
22.39 |
3.39 |
June
30, 2031 |
137 |
35.43 |
25.98 |
3.89 |
200 |
40.71 |
26.54 |
3.39 |
June
30, 2032 |
143 |
42.21 |
30.88 |
3.89 |
207 |
47.75 |
30.83 |
3.39 |
June
30, 2033 |
148 |
49.32 |
35.97 |
3.89 |
148 |
55.13 |
35.92 |
3.89 |
June
30, 2034 |
154 |
56.78 |
41.26 |
3.89 |
154 |
62.89 |
41.21 |
3.89 |
|
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
|
|
$243 |
4.00% |
2.60% |
2.60% |
|
| ||||
|
Class
I | |||
Period
Ended |
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
June
30, 2025 |
$66 |
5.00% |
4.35% |
4.35% |
June
30, 2026 |
91 |
10.25 |
8.68 |
4.15 |
June
30, 2027 |
94 |
15.76 |
13.19 |
4.15 |
June
30, 2028 |
98 |
21.55 |
17.89 |
4.15 |
June
30, 2029 |
102 |
27.63 |
22.78 |
4.15 |
June
30, 2030 |
107 |
34.01 |
27.88 |
4.15 |
June
30, 2031 |
111 |
40.71 |
33.18 |
4.15 |
June
30, 2032 |
116 |
47.75 |
38.71 |
4.15 |
June
30, 2033 |
120 |
55.13 |
44.47 |
4.15 |
June
30, 2034 |
125 |
62.89 |
50.46 |
4.15 |
JPMorgan
Mortgage-Backed Securities Fund | ||||||||
|
Class
A |
Class
C1
| ||||||
Period
Ended |
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
June
30, 2025 |
$439 |
1.06% |
0.44% |
0.44% |
$117 |
5.00% |
3.85% |
3.85% |
June
30, 2026 |
89 |
6.12 |
4.58 |
4.13 |
145 |
10.25 |
7.62 |
3.63 |
June
30, 2027 |
93 |
11.42 |
8.90 |
4.13 |
150 |
15.76 |
11.53 |
3.63 |
June
30, 2028 |
97 |
16.99 |
13.40 |
4.13 |
156 |
21.55 |
15.57 |
3.63 |
June
30, 2029 |
101 |
22.84 |
18.09 |
4.13 |
161 |
27.63 |
19.77 |
3.63 |
June
30, 2030 |
105 |
28.98 |
22.96 |
4.13 |
167 |
34.01 |
24.12 |
3.63 |
June
30, 2031 |
109 |
35.43 |
28.04 |
4.13 |
173 |
40.71 |
28.62 |
3.63 |
June
30, 2032 |
114 |
42.21 |
33.33 |
4.13 |
179 |
47.75 |
33.29 |
3.63 |
June
30, 2033 |
118 |
49.32 |
38.84 |
4.13 |
118 |
55.13 |
38.80 |
4.13 |
June
30, 2034 |
123 |
56.78 |
44.57 |
4.13 |
123 |
62.89 |
44.53 |
4.13 |
|
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
|
|
$217 |
4.00% |
2.85% |
2.85% |
|
| ||||
|
Class
I | |||
Period
Ended |
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
June
30, 2025 |
$41 |
5.00% |
4.60% |
4.60% |
June
30, 2026 |
65 |
10.25 |
9.19 |
4.39 |
June
30, 2027 |
68 |
15.76 |
13.99 |
4.39 |
June
30, 2028 |
71 |
21.55 |
18.99 |
4.39 |
June
30, 2029 |
74 |
27.63 |
24.21 |
4.39 |
June
30, 2030 |
77 |
34.01 |
29.67 |
4.39 |
June
30, 2031 |
81 |
40.71 |
35.36 |
4.39 |
June
30, 2032 |
84 |
47.75 |
41.30 |
4.39 |
June
30, 2033 |
88 |
55.13 |
47.50 |
4.39 |
June
30, 2034 |
92 |
62.89 |
53.98 |
4.39 |
JPMorgan
Short Duration Bond Fund | ||||||||
|
Class
A |
Class
C1
| ||||||
Period
Ended |
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
June
30, 2025 |
$284 |
2.64% |
2.06% |
2.06% |
$111 |
5.00% |
3.91% |
3.91% |
June
30, 2026 |
85 |
7.77 |
6.33 |
4.18 |
141 |
10.25 |
7.72 |
3.67 |
June
30, 2027 |
89 |
13.16 |
10.77 |
4.18 |
146 |
15.76 |
11.68 |
3.67 |
June
30, 2028 |
93 |
18.82 |
15.40 |
4.18 |
151 |
21.55 |
15.78 |
3.67 |
June
30, 2029 |
97 |
24.76 |
20.23 |
4.18 |
157 |
27.63 |
20.02 |
3.67 |
June
30, 2030 |
101 |
30.99 |
25.25 |
4.18 |
163 |
34.01 |
24.43 |
3.67 |
June
30, 2031 |
105 |
37.54 |
30.49 |
4.18 |
169 |
40.71 |
29.00 |
3.67 |
June
30, 2032 |
109 |
44.42 |
35.94 |
4.18 |
175 |
47.75 |
33.73 |
3.67 |
June
30, 2033 |
114 |
51.64 |
41.62 |
4.18 |
112 |
55.13 |
39.32 |
4.18 |
June
30, 2034 |
119 |
59.22 |
47.54 |
4.18 |
117 |
62.89 |
45.14 |
4.18 |
|
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
|
|
$211 |
4.00% |
2.91% |
2.91% |
|
| ||||
|
Class
I | |||
Period
Ended |
Annual
Costs |
Gross
Cumulative
Return |
Net
Cumulative
Return |
Net
Annual
Return |
June
30, 2025 |
$35 |
5.00% |
4.66% |
4.66% |
June
30, 2026 |
61 |
10.25 |
9.30 |
4.43 |
June
30, 2027 |
64 |
15.76 |
14.14 |
4.43 |
June
30, 2028 |
66 |
21.55 |
19.19 |
4.43 |
June
30, 2029 |
69 |
27.63 |
24.47 |
4.43 |
June
30, 2030 |
73 |
34.01 |
29.99 |
4.43 |
June
30, 2031 |
76 |
40.71 |
35.75 |
4.43 |
June
30, 2032 |
79 |
47.75 |
41.76 |
4.43 |
June
30, 2033 |
83 |
55.13 |
48.04 |
4.43 |
June
30, 2034 |
86 |
62.89 |
54.60 |
4.43 |
JPMorgan
Trust I |
811-21295 |
JPMorgan
Trust II |
811-4236 |