Use the Guide
Browse the Guide
Portfolio Discussions
Dr. Kelly's Review
Use the Guide
Guide to Retirement
Discussions
Client Presentation
Headlines
Employment & the Fed
Navigating fiscal uncertainty
European Markets
U.S. Recovery
Headlines
Employment & the Fed
Navigating fiscal uncertainty
European Markets
U.S. Recovery
Featured Topics
Fixed Income
U.S. Equities
Income Opportunities
Global Growth
Looking for other topics? Visit the Library
Choose a Shortcut

Current Income Fund - Institutional (JPCIX)

Current Income Fund - Institutional (JPCIX)
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources
John H. Tobin
John Tobin| Managing Director Biography

John H. Tobin, managing director, is the head of portfolio management for the Global Liquidity business. An employee since 2001, John's team is responsible for the management of all liquidity strategies globally. John is also co-chair of the Global Cash Investment Policy Committee. Prior to joining the firm, he was a principal and senior portfolio manager at State Street Global Advisors for three years. Prior to that, John spent eight years at the Dreyfus Corporation trading money market securities. John holds a B.B.A in Finance from Hofstra University and an M.B.A from the Sloan School of the Massachusetts Institute of Technology.

Education
  • B.B.A., Finance, Hofstra University
Experience
  • Industry Experience, 22 Years
  • Firm Experience, 13 Years
  • Fund Experience, 3 Years
Other funds managed by John Tobin:
Christopher Tufts
Christopher Tufts| Managing Director Biography

Christopher M. Tufts is head of U.S. taxable portfolio management and trading for the Global Liquidity business. An employee since 1997, Chris's team is responsible for the management of all taxable money market mutual funds and liquidity separate accounts in the U.S. Chris was formerly a portfolio manager for Global Liquidity's Sterling and Euro liquidity funds in London and also traded 2-5 year maturity corporate and U.S. Agency securities for U.S. short term fixed income mandates. Previously, Chris was a defined contribution plan analyst in the Investment Advisory Group of J.P. Morgan American Century Retirement Plan Services and a sales analyst in the Institutional business at JPMAM. Chris holds a B.A. in Economics and French from the College of the Holy Cross and spent his Junior year abroad at the University of St. Andrews, Scotland.

Education
  • B.A. in Economics and French from the College of the Holy Cross
Experience
  • Industry Experience, 17 Years
  • Firm Experience, 17 Years
  • Fund Experience, 3 Years
Other funds managed by Christopher Tufts:
 
Adam Ackermann| Vice President Biography

Adam Ackermann is a portfolio manager and trader in the U.S. Short Term Fixed Income Group. An employee since 2011, he is responsible for portfolio management and trading for money market mutual funds, short term fixed income separate accounts and liquidity products. Previously, he was an assistant portfolio manager at GE Asset Management. Adam holds a B.S. in Finance from Fordham University’s Gabelli School of Business and a M.B.A in Finance from Fordham University’s Graduate School of Business where he graduated Magna Cum Laude. He is a member of Omicron Delta Epsilon and the Fordham Wall Street Council.

Education
  • M.B.A. in Finance from Fordham University
  • B.S. in Finance from Fordham University
Experience
  • Industry Experience, 9 Years
  • Firm Experience, 3 Years
  • Fund Experience, 1 Year
Other funds managed by Adam Ackermann:

The Fund mainly invests in high quality, U.S. dollar-denominated short-term fixed and floating rate debt securities. Floating and variable rate securities may be subject to greater liquidity risk than other debt securities, meaning that there may be limitations on the Fund's ability to sell the securities at any given time. Such securities also may lose value.

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 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.

Because the Fund may invest a significant portion of its assets in securities of companies in the banking industry, developments affecting the banking industry may have a disproportionate impact on the Fund.

Under normal conditions, the Fund will invest more than 25% of its assets in securities issued by companies in the banking industry.