JMGIX : JPMorgan Managed Income Fund L Class Shares

JMGIX is a Alternative Market Short with LOW fees.

JMGIX

JPMorgan Managed Income Fund L Class Shares

FI Score

72 /100

Expense Ratio Rating

8 /10

Expense Rating

8 /10

Market Score

9 /10

Category Score

0 /10

Market Size

9 /10

72% FI Score
  • jmgix
  • Mutual Fund
  • Alternative
  • Short

JPMorgan Managed Income Fund L Class Shares

Expenses: 0.24% (Better than 1% of similar funds)

This is an OK choice for a Short Alternative fund. See why ยป

Fund Summary

The investment seeks current income while seeking to maintain a low volatility of principal. The fund mainly invests in investment grade, U.S. dollar denominated short-term fixed and floating rate debt securities. It will concentrate its investments in the banking industry. Therefore, under normal conditions, the fund will invest more than 25% of its assets in securities issued by companies in the banking industry. The fund may, however, invest less than 25% of its assets in this industry as a temporary defensive measure.

Largest Holdings

Amount Holding
1.21% U.S. Bank National Association 1.29%
1.13% National Bank of Canada 1.6%
0.97% Macquarie Bank Limited 2.13%
0.85% Royal Bank of Canada 3.35%
0.82% BPCE SA 0.45%
0.66% BPCE SA 1.61%
0.62% Bank of Montreal 1.5%
0.61% UBS Group AG 3%
0.61% Royal Bank of Canada 1.6%
0.59% Wells Fargo & Company 2.02%
0.58% Skandinaviska Enskilda Banken AB (publ) 2.12%
0.55% Jackson National Life Global Funding 0.61%
0.52% Capital One Financial Corporation 3.45%
0.50% Principal Life Global Funding II 1.77%
0.49% New York Life Global Funding 1.39%
0.49% Air Lease Corporation 2.13%
0.47% Ally Auto Receivables Trust 2019-2 2.34%
0.45% Wells Fargo Bank, National Association 3.32%
0.45% Bank of Nova Scotia 1.41%
0.44% DnB Bank ASA 2.15%
0.42% International Business Machines Corporation 2.11%
0.42% Compass Bank 3.5%
0.38% Bank of America Corporation 2.08%
0.38% Protective Life Global Funding 1.89%
0.37% HSBC Holdings plc 2.95%

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