JPMorgan Corporate Bond Fund (CBFSX)
The investment seeks to provide total return. Under normal circumstances, the fund invests at least 80% of its assets in corporate bonds. It mainly invests in corporate bonds that are rated investment grade by a nationally recognized statistical rating organization or in securities that are unrated but are deemed by the fund's adviser to be of comparable quality.
Fund Info
| ISIN | US46637K5544 |
|---|---|
| CUSIP | 46637K554 |
| Issuer | JPMorgan Chase |
| Inception Date | Mar 1, 2013 |
| Category | Corporate Bonds |
| Min. Investment | $1,000,000 |
| Asset Class | Bond |
Expense Ratio
The JPMorgan Corporate Bond Fund has a high expense ratio of 0.50%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in JPMorgan Corporate Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
JPMorgan Corporate Bond Fund had a return of -2.59% year-to-date (YTD) and 2.28% in the last 12 months. Over the past 10 years, JPMorgan Corporate Bond Fund had an annualized return of 2.49%, while the S&P 500 had an annualized return of 10.42%, indicating that JPMorgan Corporate Bond Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -2.59% | 5.05% |
| 1 month | -2.74% | -4.27% |
| 6 months | 8.04% | 18.82% |
| 1 year | 2.28% | 21.22% |
| 5 years (annualized) | 1.17% | 11.38% |
| 10 years (annualized) | 2.49% | 10.42% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.18% | -1.26% | 1.38% | |||||||||
| 2023 | -2.82% | -1.98% | 6.11% | 4.60% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
JPMorgan Corporate Bond Fund(CBFSX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for JPMorgan Corporate Bond Fund (CBFSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
JPMorgan Corporate Bond Fund granted a 4.58% dividend yield in the last twelve months. The annual payout for that period amounted to $0.37 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.37 | $0.35 | $0.33 | $0.80 | $0.41 | $0.32 | $0.45 | $0.67 | $0.31 | $0.29 | $0.36 | $0.20 |
Dividend yield | 4.58% | 4.18% | 4.06% | 7.96% | 3.74% | 3.14% | 4.86% | 6.78% | 3.11% | 2.98% | 3.61% | 2.03% |
Monthly Dividends
The table displays the monthly dividend distributions for JPMorgan Corporate Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.03 | $0.03 | |||||||||
| 2023 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 |
| 2022 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.07 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.15 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.41 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.19 |
| 2019 | $0.02 | $0.03 | $0.03 | $0.05 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2018 | $0.03 | $0.03 | $0.07 | $0.01 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.13 |
| 2017 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 | $0.05 | $0.04 | $0.36 |
| 2016 | $0.02 | $0.02 | $0.03 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.02 | $0.06 |
| 2015 | $0.00 | $0.00 | $0.02 | $0.06 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.03 |
| 2014 | $0.01 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.09 |
| 2013 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the JPMorgan Corporate Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the JPMorgan Corporate Bond Fund was 22.42%, occurring on Oct 21, 2022. The portfolio has not yet recovered.
The current JPMorgan Corporate Bond Fund drawdown is 12.12%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.42% | Sep 23, 2021 | 273 | Oct 21, 2022 | — | — | — |
| -15.43% | Mar 9, 2020 | 9 | Mar 19, 2020 | 73 | Jul 2, 2020 | 82 |
| -6.93% | May 3, 2013 | 87 | Sep 5, 2013 | 150 | Apr 10, 2014 | 237 |
| -5.42% | Jan 4, 2021 | 52 | Mar 18, 2021 | 84 | Jul 19, 2021 | 136 |
| -4.66% | Apr 20, 2015 | 49 | Jun 26, 2015 | 191 | Mar 31, 2016 | 240 |
Volatility
Volatility Chart
The current JPMorgan Corporate Bond Fund volatility is 2.17%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.