JPMorgan Managed Income Fund (JMGIX)

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JPMorgan Managed Income Fund (JMGIX) is up 1.4% since the beginning of the year. JMGIX is currently trading at $10 per share. Investors who bought $1,000 worth of JMGIX shares 5 years ago would now be looking at an investment worth $1,179.

JPMorgan Managed Income Fund (JMGIX) has returned 1.37% so far this year and 4.23% over the past 12 months. Over the last ten years, JMGIX has returned 2.46% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Jan 3, 2012, JMGIX's average daily return is +0.01%, while the average monthly return is +0.15%. At this rate, an investment would double in approximately 38.5 years.

Historically, 76% of months were positive and 24% were negative. The best month was Apr 2020 with a return of +1.1%, while the worst month was Mar 2020 at -1.3%. The longest winning streak lasted 47 consecutive months, and the longest losing streak was 3 months.

On a daily basis, JMGIX closed higher 9% of trading days. The best single day was Nov 29, 2024 with a return of +0.5%, while the worst single day was Mar 24, 2020 at -0.5%.

JPMorgan Managed Income Fund has an annualized alpha of 1.81%, beta of 0.00, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 04, 2012.

• This fund captured 4.61% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -3.23%) - a profile typical of hedging or uncorrelated assets.
• Beta of 0.00 may look defensive, but with R2 of 0.00 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 0.00 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.

JMGIX has an expense ratio of 0.25%, which is considered low.

JMGIX ranks 97 for risk / return — in the top 97% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for JPMorgan Managed Income Fund (JMGIX) and compare them to S&P 500 Index.

JPMorgan Managed Income Fund provided a 4.14% dividend yield over the last twelve months, with an annual payout of $0.42 per share.

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.

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 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 2.18%, occurring on Mar 24, 2020. Recovery took 46 trading sessions.

The chart below shows the rolling one-month volatility.