JPMorgan Corporate Bond Fund (CBFSX)

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JPMorgan Corporate Bond Fund (CBFSX) is up 0.4% since the beginning of the year. CBFSX is currently trading at $8 per share. Investors who bought $1,000 worth of CBFSX shares 5 years ago would now be looking at an investment worth $1,020.

JPMorgan Corporate Bond Fund (CBFSX) has returned 0.41% so far this year and 5.20% over the past 12 months. Over the last ten years, CBFSX has returned 2.88% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Apr 4, 2013, CBFSX's average daily return is +0.01%, while the average monthly return is +0.26%. At this rate, an investment would double in approximately 22.2 years.

Historically, 61% of months were positive and 39% were negative. The best month was Nov 2023 with a return of +6.1%, while the worst month was Mar 2020 at -6.9%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 4 months.

On a daily basis, CBFSX closed higher 46% of trading days. The best single day was Nov 10, 2022 with a return of +2.2%, while the worst single day was Mar 18, 2020 at -3.9%.

JPMorgan Corporate Bond Fund has an annualized alpha of 2.78%, beta of 0.03, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since April 04, 2013.

• This fund participated in 29.23% of S&P 500 Index downside but only 21.49% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.03 may look defensive, but with R2 of 0.01 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.01 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

CBFSX has an expense ratio of 0.50%, placing it in the medium range.

CBFSX ranks 20 for risk / return — below 20% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

JPMorgan Corporate Bond Fund provided a 4.52% dividend yield over the last twelve months, with an annual payout of $0.38 per share.

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.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

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. Recovery took 751 trading sessions.

The current JPMorgan Corporate Bond Fund drawdown is 1.38%.

The chart below shows the rolling one-month volatility.