JPMorgan Global Bond Opportunities Fund Class R6 (GBONX)

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JPMorgan Global Bond Opportunities Fund Class R6 (GBONX) is up 1.0% since the beginning of the year. GBONX is currently trading at $10 per share. Investors who bought $1,000 worth of GBONX shares 5 years ago would now be looking at an investment worth $1,148.

JPMorgan Global Bond Opportunities Fund Class R6 (GBONX) has returned 0.98% so far this year and 6.24% over the past 12 months. Over the last ten years, GBONX has returned 4.16% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.

Based on dividend-adjusted daily data since Jun 3, 2013, GBONX's average daily return is +0.02%, while the average monthly return is +0.33%. At this rate, an investment would double in approximately 17.5 years.

Historically, 65% of months were positive and 35% were negative. The best month was Nov 2023 with a return of +4.0%, while the worst month was Mar 2020 at -6.3%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 3 months.

On a daily basis, GBONX closed higher 43% of trading days. The best single day was Mar 26, 2020 with a return of +2.0%, while the worst single day was Mar 18, 2020 at -2.1%.

JPMorgan Global Bond Opportunities Fund Class R6 has an annualized alpha of 3.06%, beta of 0.07, and R2 of 0.13 versus S&P 500 Index. Calculated based on daily prices since June 04, 2013.

• This fund participated in 22.98% of S&P 500 Index downside but only 21.94% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.07 may look defensive, but with R2 of 0.13 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 0.13 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.

GBONX has an expense ratio of 0.51%, placing it in the medium range.

GBONX ranks 33 for risk / return — below 33% 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.

The table below present risk-adjusted performance metrics for JPMorgan Global Bond Opportunities Fund Class R6 (GBONX) and compare them to S&P 500 Index.

JPMorgan Global Bond Opportunities Fund Class R6 provided a 4.86% dividend yield over the last twelve months, with an annual payout of $0.48 per share. The fund has been increasing its distributions for 4 consecutive years.

The table displays the monthly dividend distributions for JPMorgan Global Bond Opportunities Fund Class R6. 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 Global Bond Opportunities Fund Class R6. 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 Global Bond Opportunities Fund Class R6 was 11.56%, occurring on Mar 24, 2020. Recovery took 78 trading sessions.

The current JPMorgan Global Bond Opportunities Fund Class R6 drawdown is 0.80%.

The chart below shows the rolling one-month volatility.