JPMorgan Managed Income Fund (JMGIX)
The fund mainly invests in investment grade, U.S. dollar denominated short-term fixed and floating rate debt securities. The adviser will concentrate its investments in the banking industry. Therefore, under normal conditions, the fund will invest more than 25% of its assets in securities issued by companies in the banking industry. The fund may, however, invest less than 25% of its assets in this industry as a temporary defensive measure.
Fund Info
US48121A4159
48121A415
Sep 30, 2010
$3,000,000
Expense Ratio
JMGIX has an expense ratio of 0.25%, which is considered low compared to other funds.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in JPMorgan Managed Income 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 Managed Income Fund had a return of 0.39% year-to-date (YTD) and 5.40% in the last 12 months. Over the past 10 years, JPMorgan Managed Income Fund had an annualized return of 2.17%, while the S&P 500 had an annualized return of 11.26%, indicating that JPMorgan Managed Income Fund did not perform as well as the benchmark.
JMGIX
0.39%
0.39%
2.37%
5.40%
2.75%
2.17%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of JMGIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.49% | 0.39% | |||||||||||
| 2024 | 0.90% | 0.32% | 0.45% | 0.43% | 0.45% | 0.43% | 0.64% | 0.54% | 0.61% | 0.21% | 0.39% | 0.30% | 5.84% |
| 2023 | 0.49% | 0.19% | 0.24% | 0.45% | 0.17% | 0.18% | 0.50% | 0.51% | 0.32% | 0.97% | 0.63% | 0.65% | 5.45% |
| 2022 | -0.17% | -0.07% | -0.16% | 0.04% | 0.06% | -0.13% | 0.19% | 0.23% | 0.15% | 0.09% | 0.42% | 0.47% | 1.13% |
| 2021 | 0.05% | 0.04% | -0.06% | 0.04% | 0.14% | -0.06% | 0.04% | 0.03% | -0.07% | -0.07% | -0.07% | 0.04% | 0.05% |
| 2020 | 0.28% | 0.26% | -1.33% | 1.06% | 0.43% | 0.31% | 0.19% | -0.02% | 0.06% | 0.06% | 0.05% | -0.05% | 1.29% |
| 2019 | 0.33% | 0.31% | 0.33% | 0.23% | 0.33% | 0.32% | 0.12% | 0.31% | 0.20% | 0.30% | 0.08% | 0.09% | 2.99% |
| 2018 | 0.14% | 0.03% | 0.05% | 0.26% | 0.17% | 0.18% | 0.29% | 0.19% | 0.19% | 0.21% | 0.11% | 0.22% | 2.06% |
| 2017 | 0.10% | 0.09% | 0.10% | 0.10% | 0.11% | 0.11% | 0.22% | 0.12% | 0.12% | 0.12% | 0.02% | 0.03% | 1.25% |
| 2016 | 0.16% | -0.04% | 0.17% | 0.17% | 0.07% | 0.07% | 0.08% | 0.08% | 0.08% | 0.09% | 0.08% | 0.09% | 1.10% |
| 2015 | 0.03% | 0.03% | 0.03% | 0.13% | 0.03% | -0.07% | 0.04% | 0.04% | 0.04% | 0.04% | 0.04% | -0.05% | 0.33% |
| 2014 | 0.13% | 0.02% | 0.03% | 0.03% | 0.03% | 0.02% | 0.02% | 0.02% | 0.02% | 0.03% | 0.03% | -0.07% | 0.31% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 99, JMGIX is among the top 1% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for JPMorgan Managed Income Fund (JMGIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
JPMorgan Managed Income Fund provided a 5.05% dividend yield over the last twelve months, with an annual payout of $0.51 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.51 | $0.51 | $0.46 | $0.13 | $0.05 | $0.13 | $0.26 | $0.21 | $0.13 | $0.09 | $0.04 | $0.03 |
Dividend yield | 5.05% | 5.11% | 4.56% | 1.32% | 0.45% | 1.27% | 2.54% | 2.14% | 1.34% | 0.90% | 0.43% | 0.31% |
Monthly Dividends
The table displays the monthly dividend distributions for JPMorgan Managed Income 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.04 | $0.00 | $0.04 | ||||||||||
| 2024 | $0.05 | $0.04 | $0.05 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.51 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.03 | $0.13 |
| 2021 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.13 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
| 2018 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.13 |
| 2016 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.09 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.04 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the JPMorgan Managed Income 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 Managed Income Fund was 2.19%, occurring on Mar 24, 2020. Recovery took 46 trading sessions.
The current JPMorgan Managed Income Fund drawdown is 0.10%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -2.19% | Mar 10, 2020 | 11 | Mar 24, 2020 | 46 | May 29, 2020 | 57 |
| -0.7% | Oct 4, 2021 | 176 | Jun 14, 2022 | 96 | Oct 31, 2022 | 272 |
| -0.6% | May 5, 2023 | 16 | May 26, 2023 | 23 | Jun 30, 2023 | 39 |
| -0.4% | Mar 16, 2023 | 4 | Mar 21, 2023 | 9 | Apr 3, 2023 | 13 |
| -0.2% | Apr 10, 2023 | 7 | Apr 18, 2023 | 8 | Apr 28, 2023 | 15 |
Volatility
Volatility Chart
The current JPMorgan Managed Income Fund volatility is 0.44%, 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.