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Income Builder Fund - A (JNBAX)

Income Builder Fund - A (JNBAX)
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. Microsoft Corp. 1.0%
2. Johnson & Johnson 0.8%
3. ConocoPhillips 0.8%
4. Merck & Co., Inc. 0.7%
5. Swiss Re AG 0.7%
6. Wells Fargo & Co. 0.7%
7. Time Warner, Inc. 0.6%
8. Unibail-Rodamco SE 0.6%
9. Roche Holding AG 0.6%
10. Toyota Motor Corp. 0.6%
Total of top ten 7.1%
Portfolio breakdown* (as of 3/31/2014)
Convertible Bonds 3.0%
Equity 48.0%
Fixed Income 44.5%
Preferred Stocks 2.3%
Short-Term Investments 2.2%

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

Portfolio breakdown (as of 3/31/2014)
Region breakdown *
North America 60.3%
Europe 21.4%
Emerging Markets 9.9%
Pacific ex Japan 3.4%
Japan 2.6%
Cash & Equivalents 2.2%
Other 0.2%

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

Portfolio stats (as of 3/31/2014)
Number of Holdings 2113
Fund Assets $9.58
(in billions)
Turnover Ratio 41.00%
(Trailing 12 month) (10/31/2013)
Risk measures* (as of 3/31/2014)
Sharpe Ratio 0.92

*All risk measures are based on a 3 year time period.


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

Asset allocation/diversification does not guarantee investment returns and does not eliminate the risk of loss.

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

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 may invest up to 60% of its total assets in equity securities.

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 has the ability to invest 0 to 100% of its total assets in high yield securities. Under normal circumstances, the Fund expects to invest no more than 70% of its total assets in such securities.

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 Fund's investments in real estate securities, including REITs, are subject to the same risks as direct investments in real estate and mortgages, including default, prepayments, changes in value resulting from changes in interest rates and demand for real and rental property, and the management skill and creditworthiness of REIT issuers.

The Fund may invest in derivatives that may be riskier than other types of investments because they may be more sensitive to changes in economic or market conditions and could result in losses that significantly exceed the Fund's original investment. Many derivatives create leverage that can cause the Fund to be more volatile than it would be if it had not used derivatives.

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.

P/E ratio: the number by which earnings per share is multiplied to estimate a stock's value.

P/B ratio: the relationship between a stock's price and the book value of that stock.

Sharpe ratio: A risk-adjusted measure that determines the reward per unit of risk. The numerator is the difference between the Fund's annualized return and the annualized return of the risk-free instrument (Citigroup 3-Month Treasury Bill Index) and the denominator is the Fund's standard deviation. The Sharpe ratio is calculated over a 36-month period based on the Fund's returns. The greater the Fund's Sharpe ratio, the better its risk-adjusted performance has been. A negative Sharpe ratio indicates that a risk-free instrument would perform better than the Fund. The Sharpe ratio shown is based on the Fund's Class A Shares or the oldest share class, where Class A Shares are not available.

Standard deviation: A statistical measure of the degree to which the Fund's returns have varied from its historical average. The higher the standard deviation, the wider the range of returns from its average and the greater the historical volatility. The standard deviation is calculated over a 36-month period based on Fund's monthly returns. The standard deviation shown is based on the Fund's Class A Shares or the oldest share class, where Class A Shares are not available.

EPS: Total earnings divided by the number of shares outstanding.

Risk measures are calculated based upon the Funds' broad-based index as stated in the prospectus.