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JPMorgan Global Bond Opportunities Fund - C (GBOCX)

JPMorgan Global Bond Opportunities Fund - C (GBOCX)
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources

Objective

The Fund seeks to provide total return.

Strategy/Investment process

  • Invests across sectors in developed and emerging markets located around the world without benchmark constraints.
  • Utilizes a flexible approach and may shift its exposure to strategies, sectors, countries or currencies based on changing market conditions and the best mix of investment opportunities.
  • Invests at least 40% of its total assets in countries other than the United States and in at least three other countries.
  • Invests at least 80% of its assets in bonds and may invest without limit in below investment grade debt.
  • May utilize currency derivatives or other derivatives for reasons such as hedging, as substitutes for securities or for risk management.
Performance basics
  Annualized returns (as of 6/30/2015)
  1 Year 3 Year 5 Year Incept
at NAV -0.37% N/A N/A 4.40%
With 1.00% max. CDSC -1.37% N/A N/A 4.40%
Barclays Multiverse Index -7.09% N/A N/A -1.29%
Lipper Global Income Funds Index -3.13% N/A N/A 0.42%

Performance Inception Date:9/4/12

The performance quoted is past performance and is not a guarantee of future results. Mutual funds are subject to certain market risks. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than original cost. Current performance may be higher or lower than the performance data shown. For performance current to the most recent month-end, please call 1-800-480-4111.

Lipper Index since inception returns are as of month-end. The performance quoted is past performance and is not a guarantee of future results.

Annual operating expenses (%)
Expense cap expiration date 12/31/2015
Expense cap 1.30%
Total annual operating expenses 2.05%
Fee waivers and/or expense reimbursements 0.73%
Net expenses 1.32%

Fee waivers and/or expense reimbursements,Net Expenses
The Investment Advisor, Administrator and Distributor (the "Service Providers") have contractually agreed to waive fees and/or reimburse expenses to the extent that Total Annual Operating Expenses (excluding Acquired Fund Fees and Expenses, dividend expenses relating to short sales, interest, taxes, expenses related to litigation and potential litigation, extraordinary expenses and expenses related to the Board of Trustees' deferred compensation plan) exceed the expense cap of the average daily net assets through the expense cap expiration date. This contract continues through that date, at which time the Service Providers will determine whether or not to renew or revise it.

Minimum investments
Minimum investments Minimum subsequent investments
Regular $1000 Regular $50
IRA $1000 IRA $50
Daily stats (as of 7/28/2015)
NAV YTD
$10.16 0.76%
$0.01 | 0.10%  
 
NAV as of:
  • Thu
    Jun 18
    2015
    $10.20
     
  • Fri
    Jun 19
    2015
    $10.21
     
  • Mon
    Jun 22
    2015
    $10.23
     
  • Tue
    Jun 23
    2015
    $10.24
     
  • Wed
    Jun 24
    2015
    $10.25
     
  • Thu
    Jun 25
    2015
    $10.24
     
  • Fri
    Jun 26
    2015
    $10.20
     
  • Mon
    Jun 29
    2015
    $10.15
     
  • Tue
    Jun 30
    2015
    $10.15
     
  • Wed
    Jul 01
    2015
    $10.16
     
  • Thu
    Jul 02
    2015
    $10.17
     
  • Mon
    Jul 06
    2015
    $10.16
     
  • Tue
    Jul 07
    2015
    $10.16
     
  • Wed
    Jul 08
    2015
    $10.15
     
  • Thu
    Jul 09
    2015
    $10.16
     
  • Fri
    Jul 10
    2015
    $10.17
     
  • Mon
    Jul 13
    2015
    $10.19
     
  • Tue
    Jul 14
    2015
    $10.19
     
  • Wed
    Jul 15
    2015
    $10.20
     
  • Thu
    Jul 16
    2015
    $10.21
     
  • Fri
    Jul 17
    2015
    $10.22
     
  • Mon
    Jul 20
    2015
    $10.22
     
  • Tue
    Jul 21
    2015
    $10.20
     
  • Wed
    Jul 22
    2015
    $10.19
     
  • Thu
    Jul 23
    2015
    $10.19
     
  • Fri
    Jul 24
    2015
    $10.18
     
  • Mon
    Jul 27
    2015
    $10.15
     
  • Tue
    Jul 28
    2015
    $10.16
     
 
52 Week High $10.62
(8/27/2014)
52 Week Low $10.15
(6/29/2015)
YTD Total Return w/Load -0.24%
Net Asset Class $12,850,512.71
Net Asset Fund $1,025,492,671.01
Yields
  6/30/2015
30-Day SEC Yield 3.73%
30-Day SEC Yield (Unsubsidized) 3.28%
12-Month Rolling Dividend Yield 3.81%

Must be preceded or accompanied by a prospectus

†Class C Share 12-month rolling yields are calculated by dividing the dividend per share by the NAV per share on the day of the distribution. 12-month rolling yields represent the sum of the monthly dividend yields for the previous 12 months.

Basics
Ticker GBOCX
CUSIP 46637K695
Share Class Inception Date 09/04/2012
Fund Number 3293
Asset Class Taxable Fixed Income
Cut-off time1 4:00 P.M.

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

Under normal circumstances, the Fund will invest at least 80% of its Assets in bonds.

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.

International investing involves a greater degree of risk and increased volatility. Changes in currency exchange rates and differences in accounting and taxation policies outside the U.S. can raise or lower returns. Also, some overseas markets may not be as politically and economically stable as the United States and other nations. The risks associated with foreign securities are magnified in countries in "emerging markets." These countries may have relatively unstable governments and less-established market economies than developed countries. Emerging markets may face greater social, economic, regulatory and political uncertainties. These risks make emerging market securities more volatile and less liquid than securities issued in more developed countries.

Under normal circumstances, the Fund will invest at least 40% of its total assets in countries other than the United States.

The Fund may invest in futures contracts, options, swaps, forwards and other derivatives. Many derivatives create leverage thereby causing the Fund to be more volatile than it would be if it had not used derivatives. Derivatives may be more sensitive to changes in economic and market conditions and could result in losses that significantly exceed the Fund's original investment.

1Please refer to the prospectus for additional information about cut-off times.

Total return assumes reinvestment of income.

The Barclays Multiverse Index provides a broad-based measure of the international fixed-income bond market. The Barclays Multiverse Index represents the union of the Barclays Global Aggregate Index and the Barclays Global High Yield Index and captures investment grade and high yield securities in all eligible currencies. The Barclays Global Aggregate Index is a flagship measure of global investment grade debt from twenty-four different local currency markets. The Barclays Global High-Yield Index provides a broad-based measure of the global high-yield fixed income markets. The performance of the index does not reflect the deduction of expenses associated with a fund, such as investment management fees. By contrast, the performance of the Fund reflects the deduction of the fund expenses, including sales charges if applicable. An individual cannot invest directly in an index.

The performance of the Lipper Global Income Funds Index includes expenses associated with a mutual fund, such as investment management fees. These expenses are not identical to the expenses charged by the Fund. An individual cannot invest directly in an index.

Total return assumes reinvestment of dividends and capital gains distributions and reflects the deduction of any sales charges, where applicable. Performance may reflect the waiver of a portion of the Fund's advisory or administrative fees and/or reimbursement of certain expenses for certain periods since the inception date. If fees had not been waived and/or certain expenses were not reimbursed, performance would have been less favorable.

©2015, American Bankers Association, CUSIP Database provided by the Standard & Poor's CUSIP Service Bureau, a division of The McGraw-Hill Companies, Inc. All rights reserved.