Performance
Trailing returns
| 1 day |
| -0.10% | |||
| 1 week |
| -0.48% | |||
| 4 week |
| -0.61% | |||
| 3 month |
| -0.77% | |||
| YTD |
| -0.43% | |||
| 1 year | +1.26% |
| |||
| 3 years* | +3.69% |
| |||
| 5 years* | +2.93% |
| |||
| *annualized | |||||
| Best 3 month return | +7.90% | |
| Worst 3 month return | -11.84% |
Morningstar statistics
Morningstar category: Muni National Interm
| Return | Risk | Rating | |
| 3 years | Low | Below Average |
 
|
| 5 years | Low | Above Average |
|
| 10 years | - | - | - |
| Overall | Low | Average |
|
Key statistics
| Total assets | 3.34B | |
| Front load | 3.75% | |
| Deferred load | - | |
| Expense ratio | 0.75% | |
| Management fee | - | |
| Fund family | JPMorgan |
Asset allocation
| Cash | 4.53% | |
| Stocks | 0.00% | |
| Bonds | 95.47% | |
| Other | 0.00% |
Purchase information
| Initial | US$1,000 | |
| Additional | US$25 | |
| IRA Initial | US$1,000 | |
| AIP Initial | US$100 | |
| AIP Additional | US$100 |
10.380.00(0.00%)
May 17, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks to maximize after-tax inflation protected return. The fund is designed to protect after-tax return by, under normal circumstances, primarily investing in a portfolio of municipal obligations whose interest payments are excluded from federal income taxes. Because of the limited supply of inflation-protected municipal securities, the fund seeks to synthetically create inflation protection by investing in a combination of conventional municipal securities and inflation-linked derivatives such as Non-Seasonally Adjusted Consumer Price Index for all Urban Consumers (CPI-U) swaps. The average weighted maturity will be between 3 and 10 years.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Deepa Majmudar (Started: Aug 31, 2005)
Richard Taormina (Started: Aug 31, 2005)
Deepa Majmudar (Started: Aug 31, 2005)
Richard Taormina (Started: Aug 31, 2005)
JPMorgan, 270 Park Avenue, 42nd Floor, New York, NY 10017-2070, USA
1 646 534 2254 (Fax)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | -1.79 | 1.03 | -1.65 | - | |
| Beta* | 0.75 | 0.46 | 0.85 | - | |
| Mean annual return | 0.17 | 0.33 | 0.29 | - | |
| R-squared* | 74.35 | 34.88 | 53.22 | - | |
| Standard deviation | 2.46 | 2.94 | 5.52 | - | |
| Sharpe ratio | 0.79 | 1.29 | 0.59 | - | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Florida St Brd Ed Pub Ed Cap Outla 5% | 1.17% | |
| Kansas St Dept Transn Hwy Rev Ref Bds 5% | 1.00% | |
| Triborough Brdg & Tunl Auth 5% | 0.87% | |
| Missouri St Environmental Impt Ref Re 5% | 0.77% | |
| Maryland St Go Ref Bd 5% | 0.74% | |
| Pennsylvania Econ Dev Fing Rev Bds 5% | 0.73% | |
| Virginia St Go Bds 5% | 0.65% | |
| Olathe Labette Cnty Kans Singl Single Fa | 0.62% | |
| Arizona St Transn Brd Grant Ant 5.25% | 0.62% | |
| Arizona St Transn Brd Grant Ant 5.25% | 0.61% |