JPMorgan Income Fund (JMSIX)
The investment seeks to provide income with a secondary objective of capital appreciation. The fund invests primarily in U.S. dollar denominated securities, although the fund may also invest in non-dollar denominated securities. Although it has the flexibility to invest above 65% of its total assets in investments that are rated below investment grade (also known as junk bonds or high yield securities) or the unrated equivalent to take advantage of market opportunities, under normal market conditions the fund invests at least 35% of its total assets in investments that, at the time of purchase, are rated investment grade or the unrated equivalent.
Fund Info
| ISIN | US46637K2244 |
|---|---|
| CUSIP | 46637K224 |
| Issuer | JPMorgan Chase |
| Inception Date | Jun 1, 2014 |
| Category | Multisector Bonds |
| Min. Investment | $1,000,000 |
| Asset Class | Bond |
Expense Ratio
JMSIX has a high expense ratio of 0.40%, 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 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 Income Fund had a return of 2.73% year-to-date (YTD) and 6.82% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 2.73% | 11.29% |
| 1 month | 1.54% | 4.87% |
| 6 months | 6.64% | 17.88% |
| 1 year | 6.82% | 29.16% |
| 5 years (annualized) | 2.59% | 13.20% |
| 10 years (annualized) | N/A | 10.97% |
Monthly Returns
The table below presents the monthly returns of JMSIX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.49% | -0.39% | 1.04% | -0.39% | 2.73% | ||||||||
| 2023 | 3.00% | -1.81% | 0.94% | 0.69% | -0.76% | -0.28% | 0.95% | 0.21% | -1.35% | -0.08% | 2.97% | 2.08% | 6.62% |
| 2022 | -0.96% | -0.86% | -0.66% | -1.88% | -0.34% | -3.63% | 2.84% | -1.53% | -3.21% | 0.08% | 2.05% | -0.28% | -8.25% |
| 2021 | 1.01% | 0.65% | 0.12% | 0.97% | 0.54% | 0.12% | 0.12% | 0.23% | 0.00% | -0.32% | -0.74% | 0.86% | 3.59% |
| 2020 | 0.82% | 0.61% | -12.59% | 2.36% | 3.13% | 3.05% | 2.20% | 0.75% | 0.10% | 0.70% | 1.68% | 1.24% | 3.06% |
| 2019 | 2.66% | 0.77% | 1.30% | 0.87% | 0.65% | 1.60% | 0.43% | 1.37% | 0.53% | 0.12% | 0.30% | 0.64% | 11.82% |
| 2018 | 0.33% | -0.73% | -0.20% | 0.23% | 0.12% | 0.23% | 0.56% | 0.77% | 0.23% | -0.74% | 0.01% | 0.24% | 1.03% |
| 2017 | 0.86% | 1.07% | -0.20% | 0.89% | 0.54% | 0.22% | 0.75% | 0.54% | 0.33% | 0.43% | -0.09% | 0.52% | 6.00% |
| 2016 | -0.07% | 0.15% | 2.45% | 1.65% | 0.14% | 1.21% | 2.05% | 1.08% | 0.45% | -0.38% | -1.22% | 0.78% | 8.53% |
| 2015 | 1.00% | 1.05% | 0.03% | 0.75% | 0.13% | -1.39% | 0.45% | -0.90% | -0.81% | 1.31% | -0.92% | -1.20% | -0.54% |
| 2014 | 0.23% | -0.84% | -0.61% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of JMSIX is 67, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
JMSIX (JPMorgan Income Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for JPMorgan Income Fund (JMSIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
JPMorgan Income Fund granted a 5.27% dividend yield in the last twelve months. The annual payout for that period amounted to $0.44 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.44 | $0.44 | $0.39 | $0.38 | $0.47 | $0.49 | $0.49 | $0.51 | $0.52 | $0.53 | $0.09 |
Dividend yield | 5.27% | 5.30% | 4.77% | 3.99% | 4.94% | 5.10% | 5.43% | 5.41% | 5.47% | 5.72% | 0.92% |
Monthly Dividends
The table displays the monthly dividend distributions for JPMorgan 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.15 | |||||||
| 2023 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.44 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.39 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
| 2020 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.05 | $0.47 |
| 2019 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.49 |
| 2018 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.49 |
| 2017 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.06 | $0.51 |
| 2016 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.52 |
| 2015 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.53 |
| 2014 | $0.04 | $0.05 | $0.09 |
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 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 Income Fund was 18.40%, occurring on Mar 25, 2020. Recovery took 186 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.4% | Mar 5, 2020 | 15 | Mar 25, 2020 | 186 | Dec 17, 2020 | 201 |
| -11.39% | Sep 8, 2021 | 283 | Oct 20, 2022 | 395 | May 15, 2024 | 678 |
| -5.4% | Jun 1, 2015 | 179 | Feb 12, 2016 | 51 | Apr 27, 2016 | 230 |
| -2.67% | Oct 21, 2016 | 17 | Nov 14, 2016 | 53 | Feb 1, 2017 | 70 |
| -2.53% | Dec 1, 2014 | 12 | Dec 16, 2014 | 30 | Jan 30, 2015 | 42 |
Volatility
Volatility Chart
The current JPMorgan Income Fund volatility is 0.75%, 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.