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Short Duration High Yield Fund - C (JSDCX)

Short Duration High Yield Fund - C (JSDCX)
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources
Top ten holdings (as of 3/31/2014)
1. ConvaTec Healthcare E S.A. 1.4%
2. Level 3 Communications, Inc. 1.4%
3. ArcelorMittal 1.2%
4. Dole Food Co., Inc. 1.2%
5. Pinnacle Foods Finance LLC/Pinnacle Foods Finance Corp. 1.1%
6. MGM Resorts International 1.0%
7. Clear Channel Communications, Inc. 1.0%
8. International Lease Finance Corp. 1.0%
9. Advanced Micro Devices, Inc. 1.0%
10. Continental Airlines 2003-ERJ1 Pass-Through Trust 0.9%
Total of top ten 11.2%
Sector breakdown* (as of 3/31/2014)
Consumer Discretionary 27.8%
Consumer Staples 8.5%
Energy 8.8%
Financials 5.6%
Health Care 7.2%
Industrials 10.9%
Information Technology 5.5%
Materials 10.7%
Short-Term Investments 5.6%
Telecommunication Services 7.9%
Utilities 1.6%

* Due to rounding, values may not total 100%.

Average life* (as of 3/31/2014)
Less than one yr 27.8%
Years 1-5 62.9%
Years 6-10 8.5%
Years 11-20 0.8%
Duration 1.82 years
Average Life 3.45 years

* Due to rounding, values may not total 100%.

Yield to maturity* (as of 3/31/2014)
Under 4.0% 26.13%
4.0%-4.9% 26.31%
5.0%-5.9% 17.26%
6.0%-6.9% 11.78%
7.0%-7.9% 10.84%
8.0%-8.9% 5.05%
9.0%-9.9% 1.10%
10.0% and over 1.53%

* Due to rounding, values may not total 100%.

Portfolio stats (as of 3/31/2014)
Number of Holdings 360
Fund Assets $249.93
(in millions)
Yield to maturity 5.25%
Quality* (as of 3/31/2014)
BAA 1.0%
BA 31.3%
B 55.7%
CAA or lower 10.3%
Not rated 1.6%

What's this? Mouse over an  underlined  word to see its definition. Check out our glossary >

The Fund invests in securities including junk bonds, loans and instruments that are issued by companies that are highly leveraged, less creditworthy or financially distressed. These investments are considered to be speculative and are subject to greater risk of loss, greater sensitivity to interest rate and economic changes, valuation difficulties and potential illiquidity. Such investments are subject to additional risks including, but not limited to, subordination to other creditors, no collateral or limited rights in collateral, lack of a regular trading market, extended settlement periods, liquidity risks, prepayment risks, and lack of publicly available information.

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.

Under normal circumstances, the Fund invests at least 80% of its assets in high yield securities. However, the Fund may invest up to 100% of its total assets in below investment grade securities or unrated securities that the adviser deems to be of equivalent quality.

The top 10 holdings listed reflect only the Fund's long-term investments. Short-term investments are excluded. Holdings are subject to change. The holdings listed should not be considered recommendations to purchase or sell a particular security. Each individual security is calculated as a percentage of the aggregate market value of the securities held in the Fund and does not include the use of derivative positions, where applicable.