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JPMorgan High Yield Fund (OHYFX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

JPMorgan High Yield Fund (OHYFX)

Mutual Fund · Currency in USD · Last updated May 30, 2025

The fund normally invests at least 80% of its assets in bonds, other debt securities, loan assignments and participations (Loans), commitments to purchase loan assignments (Unfunded Commitments) and preferred stocks that are rated below investment grade or unrated. It may invest no more than 30% of its net assets in Loans and Unfunded Commitments. The fund's average weighted maturity ordinarily will range between three and ten years.

Fund Info

ISIN

US4812C08034

CUSIP

4812C0803

Issuer

JPMorgan Chase

Inception Date

Nov 13, 1998

Category

High Yield Bonds

Min. Investment

$1,000,000

Asset Class

Bond

Expense Ratio

OHYFX has an expense ratio of 0.65%, placing it in the medium range.

Share Price Chart

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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

JPMorgan High Yield Fund

Popular comparisons:
OHYFX vs. JNBSX OHYFX vs. JMTSX OHYFX vs. HYDB OHYFX vs. SPY OHYFX vs. DVY OHYFX vs. HLIEX OHYFX vs. JMSIX
Popular comparisons:
OHYFX vs. JNBSX OHYFX vs. JMTSX OHYFX vs. HYDB OHYFX vs. SPY OHYFX vs. DVY OHYFX vs. HLIEX OHYFX vs. JMSIX

Performance

Performance Chart

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S&P 500

Returns By Period

JPMorgan High Yield Fund (OHYFX) returned 2.08% year-to-date (YTD) and 9.33% over the past 12 months. Over the past 10 years, OHYFX returned 4.16% annually, underperforming the S&P 500 benchmark at 10.84%.

OHYFX

YTD

2.08%

1M

0.62%

6M

1.61%

1Y

9.33%

3Y*

6.05%

5Y*

5.65%

10Y*

4.16%

^GSPC (Benchmark)

YTD

0.52%

1M

6.32%

6M

-1.44%

1Y

12.25%

3Y*

12.45%

5Y*

14.20%

10Y*

10.84%

*Annualized

Monthly Returns

The table below presents the monthly returns of OHYFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.23%0.70%-1.00%0.20%0.93%2.08%
2024-0.14%0.52%1.16%-0.81%1.17%0.71%2.03%1.64%1.79%-0.41%1.30%-0.61%8.63%
20233.57%-1.10%0.44%0.57%-0.93%1.73%1.26%0.55%-1.02%-1.37%4.06%3.68%11.81%
2022-2.25%-0.32%-1.18%-3.18%-0.13%-6.65%6.08%-2.46%-3.78%2.58%1.83%-0.76%-10.31%
20210.76%0.64%0.70%1.10%0.66%1.49%0.15%0.39%0.23%-0.19%-0.85%1.51%6.75%
2020-0.10%-1.28%-12.29%3.15%3.95%0.59%3.91%0.92%-0.65%0.26%3.60%1.87%2.85%
20194.58%1.84%0.61%1.39%-1.45%2.31%0.61%0.21%0.33%0.07%0.35%1.98%13.48%
20180.78%-1.14%-0.63%0.65%-0.07%0.47%1.03%0.62%0.59%-1.69%-1.05%-2.38%-2.85%
20171.24%1.38%-0.32%1.01%0.87%-0.19%1.27%0.05%0.86%0.32%-0.41%0.42%6.67%
2016-1.56%0.16%3.80%3.42%0.48%0.92%2.14%1.80%0.48%0.02%-0.37%1.78%13.75%
20150.74%2.26%-0.67%0.95%0.44%-1.35%-0.42%-1.90%-2.55%2.62%-2.26%-2.32%-4.54%
20140.69%1.95%0.03%0.57%1.05%0.82%-1.39%1.57%-2.03%1.34%-0.44%-1.44%2.66%
Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 95, OHYFX is among the top 5% 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.

The Risk-Adjusted Performance Rank of OHYFX is 9595
Overall Rank
The Sharpe Ratio Rank of OHYFX is 9696
Sharpe Ratio Rank
The Sortino Ratio Rank of OHYFX is 9494
Sortino Ratio Rank
The Omega Ratio Rank of OHYFX is 9494
Omega Ratio Rank
The Calmar Ratio Rank of OHYFX is 9494
Calmar Ratio Rank
The Martin Ratio Rank of OHYFX is 9595
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for JPMorgan High Yield Fund (OHYFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

JPMorgan High Yield Fund Sharpe ratios as of May 30, 2025 (values are recalculated daily):

  • 1-Year: 2.74
  • 5-Year: 1.14
  • 10-Year: 0.72
  • All Time: 1.24

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of JPMorgan High Yield Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend History

JPMorgan High Yield Fund provided a 6.62% dividend yield over the last twelve months, with an annual payout of $0.43 per share. The fund has been increasing its distributions for 4 consecutive years.

4.50%5.00%5.50%6.00%6.50%7.00%7.50%8.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.6020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.43$0.47$0.42$0.37$0.34$0.33$0.42$0.42$0.42$0.41$0.43$0.60

Dividend yield

6.62%7.16%6.47%6.03%4.73%4.63%5.76%6.18%5.68%5.51%6.23%7.96%

Monthly Dividends

The table displays the monthly dividend distributions for JPMorgan High Yield Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.03$0.04$0.04$0.04$0.00$0.14
2024$0.03$0.03$0.03$0.05$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.06$0.47
2023$0.03$0.04$0.04$0.04$0.03$0.04$0.03$0.03$0.04$0.04$0.03$0.04$0.42
2022$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.04$0.03$0.03$0.37
2021$0.02$0.03$0.03$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.34
2020$0.02$0.03$0.03$0.05$0.02$0.02$0.03$0.02$0.03$0.03$0.03$0.03$0.33
2019$0.03$0.03$0.03$0.04$0.04$0.03$0.03$0.04$0.03$0.04$0.04$0.04$0.42
2018$0.03$0.04$0.03$0.04$0.04$0.03$0.03$0.04$0.03$0.04$0.04$0.04$0.42
2017$0.03$0.03$0.04$0.04$0.04$0.04$0.03$0.03$0.03$0.03$0.04$0.04$0.42
2016$0.03$0.03$0.03$0.04$0.03$0.04$0.03$0.03$0.04$0.03$0.03$0.04$0.41
2015$0.04$0.03$0.03$0.03$0.03$0.04$0.04$0.04$0.03$0.04$0.04$0.05$0.43
2014$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.20$0.60

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.

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Worst Drawdowns

The table below displays the maximum drawdowns of the JPMorgan High Yield 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 High Yield Fund was 29.34%, occurring on Dec 15, 2008. Recovery took 161 trading sessions.

The current JPMorgan High Yield Fund drawdown is 0.61%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-29.34%Jun 6, 2007385Dec 15, 2008161Aug 6, 2009546
-23.27%Feb 21, 202022Mar 23, 2020177Dec 2, 2020199
-13.76%Dec 29, 2021190Sep 29, 2022312Dec 27, 2023502
-12.54%Jun 2, 2015177Feb 11, 2016102Jul 8, 2016279
-10.49%Apr 30, 2002114Oct 10, 200297Mar 3, 2003211
Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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