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Floating Rate Income Fund - A (JPHAX)

Floating Rate Income Fund - A (JPHAX)
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources
Ex-date Reinvest NAV Dividend paid
11/25/2015 $9.26 0.033000000
10/28/2015 $9.40 0.036000000
9/28/2015 $9.47 0.030000000
8/27/2015 $9.56 0.032000000
7/29/2015 $9.71 0.035000000
6/26/2015 $9.80 0.030000000
5/27/2015 $9.85 0.028000000
4/28/2015 $9.86 0.031000000
3/27/2015 $9.80 0.031000000
2/25/2015 $9.81 0.026000000
1/29/2015 $9.70 0.031000000
12/30/2014 $9.71 0.045000000
Capital gains
Ex-date Reinvest NAV Short term Long term
5/28/2015 $9.85 0.000000000 0.000310000
12/12/2013 $10.11 0.004480000 0.004900000
12/13/2012 $10.01 0.013320000 0.000000000
Dividends Monthly
Capital gains Annually

The Fund may invest all of its assets in Loans that are rated below investment grade. Like other high yield, corporate debt instruments, such Loans are subject to an increased risk of default in the payment of principal and interest as well as the other risks described below. The Fund limits its investments in illiquid securities to no more than 15% of the Fund's net assets at the time of purchase, however loans that are deemed to be liquid at the time of purchase may become illiquid.

The Fund may invest up to 20% of the Fund's total assets in foreign securities and emerging markets.

The Fund may use futures contracts, swaps, and derivatives in connection with its investment strategies. Derivatives are subject to the risk that changes in the value of a derivative may not correlate perfectly with the underlying asset, rate or index.

International investing involves special risks, including economic, political, and currency instability - especially in emerging markets. The Fund's investments in emerging markets could lead to more volatility in the value of the Fund's shares. The small size of securities markets and the low trading volume may lead to a lack of liquidity, which leads to increased volatility. Emerging markets may not provide adequate legal protection for private or foreign investment or private property.

The Fund may invest in securities that are below investment grade (i.e., "high yield" or "junk bonds") that are generally rated in the fifth or lower rating categories of Standard & Poor's and Moody's Investors Service. Although these securities tend to provide higher yields than higher-rated securities, there is a greater risk that the Fund's share price will decline.

The Fund's investment in equity securities may rise or fall because of changes in the broad market or changes in a company's financial condition, sometimes rapidly or unpredictably. When the value of a fund's securities goes down, an investment in a fund decreases in value.

The Fund's fixed income securities are subject to interest rate risk. If rates increase, the value of the Fund's investments generally declines.

Total return assumes reinvestment of income.