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Limited Duration Bond Fund - R6 (JUSUX)

Limited Duration Bond Fund - R6 (JUSUX)
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources
Top ten holdings (as of 6/30/2015)
1. Federal Home Loan Mortgage Corp. REMIC, 0.53%, 10/15/2040 4.0%
2. Government National Mortgage Association, 0.61%, 5/20/2065 2.0%
3. Federal National Mortgage Association REMIC, 0.46%, 6/25/2045 2.0%
4. Federal Home Loan Mortgage Corp. REMIC, Class AF, 0.53%, 12/15/2037 1.9%
5. Federal Home Loan Mortgage Corp. REMIC, 0.54%, 6/15/2040 1.9%
6. Government National Mortgage Association, 0.62%, 5/20/2065 1.8%
7. Government National Mortgage Association, Class FC, 0.78%, 5/20/2064 1.7%
8. Federal Home Loan Mortgage Corp. REMIC, Class GE, 2.00%, 1/15/2033 1.7%
9. Government National Mortgage Association, Class FL, 0.65%, 2/20/2065 1.6%
10. Federal Home Loan Mortgage Corp. REMIC, Class TF, 0.50%, 5/15/2040 1.6%
Total of top ten 20.2%
Portfolio breakdown* (as of 6/30/2015)
Asset-Backed Securities 21.6%
Collateralized Mortgage Obligations 52.8%
Commercial Mortgage-Backed Securities 4.5%
Corporate Bonds 10.0%
Mortgage Pass-Through Securities 4.3%
Short-Term Investments 6.7%
Other 0.1%

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

Average life* (as of 6/30/2015)
Less than one year 14.7%
Years 1-3 22.7%
Years 3-5 29.7%
Years 5-7 18.1%
Years 7-10 12.2%
Years 10-20 1.1%
Years 20-30 1.6%
Duration 1.49 years
Average Life 4.2 years
Spread Duration 2.99 years

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

Contribution to duration (in years) (as of 6/30/2015)
Portfolio stats (as of 6/30/2015)
Number of Holdings 481
Fund Assets $1.25
(in billions)
Turnover Ratio 24.46%
(Trailing 12 month) (2/28/2015)
Yield to maturity 1.44%
Quality* (as of 6/30/2015)
AAA 72.1%
AA 3.8%
A 7.5%
BBB 5.1%
BB 2.9%
B 1.0%
CCC or Lower 2.3%
Not rated 5.5%

The manager receives credit quality ratings on underlying securities of the portfolio from the three major ratings agencies - S&P, Moody's and Fitch. When calculating the credit quality breakdown, the manager selects the middle rating of the agencies when all three agencies rate a security. The manager will use the lower of the two ratings if only two agencies rate a security and will use one rating if that is all that is provided. Securities that are not rated by all three agencies are reflected as such.

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


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

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

Ordinarily the Fund will invest at least 80% of its total assets in bonds.

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 Fund may invest in mortgage-related and asset-backed securities that may or may not be guaranteed by governments and their agencies, supranational organizations, corporations, or banks. The value of these assets will be influenced by factors affecting the assets underlying such securities. During periods of declining asset values, the asset-backed securities may decline in value.

The Fund may invest up to 25% of its assets in "sub-prime" mortgage-related securities. The risk of defaults is generally higher in the case of mortgage-backed investments that include so-called "sub-prime" mortgages. The structure of some of these securities may be complex and there may be less available information than other types of debt securities.

Total return assumes reinvestment of income.

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.