Jpmorgan Floating Rate Fund Quote
| JPHSX Fund | USD 8.52 0.05 0.58% |
Performance17 of 100
| Odds Of DistressLess than 17
|
Jpmorgan Floating is trading at 8.52 as of the 29th of November 2024; that is 0.58 percent down since the beginning of the trading day. The fund's open price was 8.57. Jpmorgan Floating has less than a 17 % chance of experiencing some financial distress in the next two years of operation and had a solid performance during the last 90 days. Equity ratings for Jpmorgan Floating Rate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of May 2023 and ending today, the 29th of November 2024. Click here to learn more.
The fund invests mainly in floating rate debt instruments issued by corporations. It normally invests at least 80 percent of its assets in floating rate instruments including Loans, convertible securities, corporate bonds, preferred shares and other floating rate debt instruments. More on Jpmorgan Floating Rate
Moving against Jpmorgan Mutual Fund
Jpmorgan Mutual Fund Highlights
| Fund Concentration | JPMorgan Funds, Large Funds, Bank Loan Funds, Bank Loan, JPMorgan, Large, Bank Loan (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 1st of July 2023 |
| Fiscal Year End | February |
Jpmorgan Floating Rate [JPHSX] is traded in USA and was established 29th of November 2024. Jpmorgan Floating is listed under JPMorgan category by Fama And French industry classification. The fund is listed under Bank Loan category and is part of JPMorgan family. This fund currently has accumulated 290.82 M in assets under management (AUM) with minimum initial investment of 1000 K. Jpmorgan Floating Rate is currently producing year-to-date (YTD) return of 7.1% with the current yeild of 0.08%, while the total return for the last 3 years was 5.34%.
Check Jpmorgan Floating Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Jpmorgan Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Jpmorgan Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Jpmorgan Floating Rate Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Jpmorgan Floating Rate Risk Profiles
| Mean Deviation | 0.0573 | |||
| Standard Deviation | 0.0991 | |||
| Variance | 0.0098 | |||
| Risk Adjusted Performance | 0.1132 |
Jpmorgan Floating Against Markets
Other Information on Investing in Jpmorgan Mutual Fund
Jpmorgan Floating financial ratios help investors to determine whether Jpmorgan Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Jpmorgan with respect to the benefits of owning Jpmorgan Floating security.
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