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JPMorgan Multi-Sector Income Fund - Select (JSISX)

JPMorgan Multi-Sector Income Fund - Select (JSISX)
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources
Robert Michele
Robert Michele| Managing Director Biography

Robert Michele, managing director, is the Chief Investment Officer of the Global Fixed Income, Currency & Commodities (GFICC) group. Based in New York, Bob directs the global investment process and oversees the portfolio management and research functions. Prior to joining the firm in 2008, Bob was at Schroder Investment Management for ten years, most recently serving as the global head of fixed income. He also previously served as the head of Schroder’s U.S. Fixed Income Group, based in New York. Bob was at BlackRock from 1995 to 1998, responsible for managing core bond portfolios and developing credit strategies across all client mandates. Prior to that, Bob spent five years at FirstBoston Asset Management as head of their domestic fixed income desk. Before that, he was at Brown Brothers Harriman for eight years managing taxable, total return portfolios for non-U.S. institutions. Bob began his career at Bankers Trust, working as an investment analyst and portfolio manager. He holds a B.A. in classics from the University of Pennsylvania, is a CFA charterholder and has the Investment Management Certificate of the UK Society of Investment Professionals.

Education
  • B.A., Classics, University of Pennsylvania
Experience
  • Industry Experience, 33 Years
  • Firm Experience, 6 Years
  • Fund Experience, 4 Years
Other funds managed by Robert Michele:
Nicholas Gartside
Nicholas J. Gartside| Managing Director Biography

Nicholas J. Gartside, managing director, is the International Chief Investment Officer of our Global Fixed Income, Currency & Commodities (GFICC) group. In addition, he is the co-manager of our multi-sector fixed income products and serves on the Currency Investment Policy Committee (CIPC). Prior to joining the firm in 2010, Nick was at Schroder Investment Management for eight years, initially as a euro government bond portfolio manager. In 2007, he moved to the global bond team as a global government bond portfolio manager and most recently served as the Head of Global Fixed Income. His previous roles were at Mercury Asset Management/Merrill Lynch Investment Managers. Nick earned a B.A. in History and Politics from Durham University and an M.Phil. in International Relations from Cambridge University. Nick is a CFA charterholder and holds the Investment Management Certificate from the UK Society of Investment Professionals.

Education
  • B.A. in History and Politics from Durham University
  • M.Phil. in International Relations from Cambridge University
Experience
  • Industry Experience, 17 Years
  • Firm Experience, 4 Years
  • Fund Experience, 3 Years
Other funds managed by Nicholas J. Gartside:
Iain Stealey
Iain Stealey| Executive Director Biography

Iain Stealey, executive director, is the head of Global Aggregate Strategies within the Global Fixed Income, Currency & Commodities (GFICC) group. Based in London, he is a portfolio manager focusing on multi-sector bond strategies for both segregated clients and pooled funds. Within the Global Aggregate team, Iain was previously responsible for the portfolio management of enhanced cash and short duration portfolios. An employee since 2002, he obtained a B.Sc. in management science from Loughborough University. Iain is a CFA charterholder and holds the Investment Management Certificate from the UK Society of Investment Professionals.

Education
  • BSc in Management Science from Loughborough University
Experience
  • Industry Experience, 12 Years
  • Firm Experience, 12 Years
  • Fund Experience, 4 Years
Other funds managed by Iain Stealey:
Matthew Pallai
Matthew Pallai| Executive Director Biography

Matthew Pallai, executive director, is a member of the Global Fixed Income, Currency & Commodities (GFICC) group. Based in New York, he is a portfolio manager, focusing on multi-sector fixed income products, and has lead responsibility for securitized investments within those strategies. Previously, he has held positions on both the Agency and Non-Agency Mortgage Teams, where as a portfolio manager he was responsible for analyzing, selecting and trading residential mortgage-backed securities. An employee of since 2003, Matthew began his tenure at the firm as an analyst on the Mortgage Team, where he developed and maintained quantitative relative value tools and assisted senior investors with security selection. Matthew holds a B.A. in mathematics from Boston College and an M.A. in economics from New York University.

Education
  • B.A. in mathematics from Boston College
  • M.A. in economics from New York University
Experience
  • Industry Experience, 11 Years
  • Firm Experience, 11 Years
  • Fund Experience, 3 Years

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 has the ability to invest, without limit, in high yield securities.

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.

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 futures contracts and derivatives. Many derivatives create leverage that can cause the Fund to be more volatile than it would be if it had not used derivatives.