JPMorgan Core Bond Fund (JPCDX): 10K Essential Guide

JPMorgan Core Bond Fund (JPCDX) - Overview

The JPMorgan Core Bond Fund (JPCDX) is an actively managed bond fund that invests in investment-grade fixed income securities. The fund's objective is to provide investors with a competitive rate of return, consistent with preservation of capital.

Key Features

• Morningstar Rating: 5 stars
• Lipper Rating: 5 stars
• Expense Ratio: 0.32%
• Minimum Investment: $1,000

Investment Strategy

JPCDX invests primarily in U.S. dollar-denominated fixed income securities, including corporate bonds, government bonds, and securitized debt. The fund's portfolio is managed by a team of experienced investment professionals who utilize a bottom-up, fundamental research approach to security selection.

Performance

JPCDX has a strong track record of performance, consistently outperforming its benchmark, the Bloomberg U.S. Aggregate Bond Index. Over the past 5 years, the fund has returned an average of 5.2% per year.

Risk Considerations

JPCDX is subject to the following risks:

• Interest rate risk: Changes in interest rates can affect the value of the fund's investments.
• Credit risk: The possibility that an issuer of a bond may default on its obligations.
• Reinvestment risk: The risk that the fund may not be able to reinvest proceeds from maturing investments at a comparable rate of return.

Is JPCDX Right for You?

JPCDX is a suitable investment for investors who:

• Are seeking a competitive rate of return
• Are willing to tolerate moderate risk
• Have a long-term investment horizon

Alternatives to JPCDX

There are several other bond funds that offer similar investment objectives to JPCDX. Some of the most popular alternatives include:

• Vanguard Total Bond Market Index Fund (VBTLX)
• iShares Core U.S. Aggregate Bond ETF (AGG)
• Fidelity Total Bond Market Index Fund (FTBFX)

Conclusion

The JPMorgan Core Bond Fund (JPCDX) is a solid investment option for investors seeking a competitive rate of return with moderate risk. The fund's experienced investment team and strong track record make it a worthy consideration for any diversified portfolio.

FAQs

• What is the minimum investment for JPCDX?
• $1,000
• What is the expense ratio for JPCDX?
• 0.32%
• What is the Bloomberg U.S. Aggregate Bond Index?
• A benchmark index that tracks the performance of the U.S. bond market

Tables

Table 1: Performance Comparison

Table 2: Risk Profile

Table 3: Morningstar Rating History

Table 4: Fund Fees