JNBAX: JPMorgan Income Builder A

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JNBAX JPMorgan Income Builder A


Profile

JNBAX - Profile

Vitals

  • YTD Return -4.7%
  • 3 Yr Annualized Return -0.5%
  • 5 Yr Annualized Return 0.3%
  • Net Assets $12.2 B
  • Holdings in Top 10 7.0%

52 WEEK LOW AND HIGH

$10.34
$8.40
$11.02

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.05%

SALES FEES

  • Front Load 4.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 48.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--30% to 50% Equity

Distributions

  • YTD Total Return -4.7%
  • 3 Yr Annualized Total Return 1.6%
  • 5 Yr Annualized Total Return 3.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.90%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    JPMorgan Income Builder Fund
  • Fund Family Name
    JPMorgan
  • Inception Date
    May 31, 2007
  • Shares Outstanding
    359204551
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jeffrey Geller

Fund Description

The fund has significant flexibility to achieve its investment objective and invests in a broad range of income-producing securities, including debt and equity securities in the U.S. and other markets throughout the world, both developed and emerging. There is no limit on the number of countries in which the fund may invest, and the fund may focus its investments in a single country or a small group of countries. It may invest up to 100% of its total assets in debt securities and other types of investments that are below investment grade.


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Categories

Performance

JNBAX - Performance

Return Ranking - Trailing

Period JNBAX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.7% -36.6% 21.4% 80.78%
1 Yr -2.5% -36.6% 24.7% 72.75%
3 Yr -0.5%* -16.6% 12.0% 46.13%
5 Yr 0.3%* -12.1% 12.3% 40.11%
10 Yr 1.5%* -9.2% 16.9% 65.55%

* Annualized

Return Ranking - Calendar

Period JNBAX Return Category Return Low Category Return High Rank in Category (%)
2019 10.2% -12.0% 45.6% 63.84%
2018 -8.4% -32.7% 10.9% 23.41%
2017 7.6% -9.1% 28.6% 53.82%
2016 3.0% -43.7% 13.8% 50.75%
2015 -4.7% -19.4% 6.0% 24.60%

Total Return Ranking - Trailing

Period JNBAX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.7% -36.6% 21.4% 80.78%
1 Yr -2.5% -36.6% 24.7% 72.75%
3 Yr 1.6%* -15.4% 12.0% 52.00%
5 Yr 3.2%* -12.1% 12.3% 40.11%
10 Yr 5.5%* -9.2% 16.9% 41.39%

* Annualized

Total Return Ranking - Calendar

Period JNBAX Return Category Return Low Category Return High Rank in Category (%)
2019 10.7% -12.0% 45.6% 61.01%
2018 -4.5% -32.7% 10.9% 15.69%
2017 11.8% -6.7% 28.6% 50.58%
2016 7.6% -43.7% 20.7% 16.33%
2015 -0.9% -14.9% 8.0% 12.88%

NAV & Total Return History


Holdings

JNBAX - Holdings

Concentration Analysis

JNBAX Category Low Category High JNBAX % Rank
Net Assets 12.2 B 2.21 M 105 B 5.41%
Number of Holdings 3392 4 5262 4.70%
Net Assets in Top 10 841 M -100 M 20 B 34.63%
Weighting of Top 10 7.00% 5.7% 100.0% 98.13%

Top 10 Holdings

  1. Future on Russell 2000 Index Aug20 2.21%
  2. Taiwan Semiconductor Manufacturing Co Ltd ADR 0.75%
  3. Prologis Inc 0.62%
  4. Verizon Communications Inc 0.59%
  5. Bristol-Myers Squibb Company 0.49%
  6. Roche Holding AG Dividend Right Cert. 0.49%
  7. Coca-Cola Co 0.48%
  8. Merck & Co Inc 0.46%
  9. United States Treasury Notes 2.5% 0.46%
  10. Procter & Gamble Co 0.45%

Asset Allocation

Weighting Return Low Return High JNBAX % Rank
Bonds
54.69% -34.50% 162.52% 18.58%
Stocks
35.46% -1.92% 80.06% 78.78%
Cash
4.97% -79.74% 107.28% 46.56%
Convertible Bonds
3.21% -0.84% 17.20% 7.91%
Preferred Stocks
1.48% 0.00% 38.31% 7.45%
Other
0.18% -7.97% 95.53% 47.71%

Stock Sector Breakdown

Weighting Return Low Return High JNBAX % Rank
Real Estate
19.19% 0.00% 82.48% 8.06%
Financial Services
13.22% 0.00% 26.57% 61.57%
Utilities
10.76% 0.00% 38.45% 7.48%
Technology
10.75% 0.00% 88.31% 89.53%
Healthcare
9.62% 0.00% 50.47% 88.61%
Consumer Defense
9.36% 0.00% 25.99% 19.22%
Industrials
8.36% 0.00% 31.64% 78.83%
Communication Services
5.54% 0.00% 43.54% 86.19%
Consumer Cyclical
5.34% 0.00% 26.92% 86.65%
Basic Materials
4.30% 0.00% 18.30% 33.72%
Energy
3.57% 0.00% 100.00% 41.43%

Stock Geographic Breakdown

Weighting Return Low Return High JNBAX % Rank
US
18.29% -1.93% 61.27% 85.78%
Non US
17.17% -1.22% 34.23% 56.08%

Bond Sector Breakdown

Weighting Return Low Return High JNBAX % Rank
Corporate
67.76% 0.00% 94.66% 3.90%
Securitized
20.99% 0.00% 66.00% 45.41%
Cash & Equivalents
7.73% -31.57% 100.00% 77.29%
Government
3.53% 0.00% 88.46% 91.63%
Derivative
0.00% -0.40% 46.39% 78.10%
Municipal
0.00% 0.00% 47.46% 84.40%

Bond Geographic Breakdown

Weighting Return Low Return High JNBAX % Rank
US
48.49% -68.01% 86.89% 11.70%
Non US
6.20% -7.40% 75.63% 46.33%

Expenses

JNBAX - Expenses

Operational Fees

JNBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.05% 0.01% 22.24% 41.11%
Management Fee 0.42% 0.00% 1.95% 67.35%
12b-1 Fee 0.25% 0.00% 1.00% 30.59%
Administrative Fee 0.08% 0.01% 0.70% 35.92%

Sales Fees

JNBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.50% 2.25% 5.75% 78.23%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

JNBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

JNBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 48.00% 0.29% 447.00% 60.12%

Distributions

JNBAX - Distributions

Dividend Yield Analysis

JNBAX Category Low Category High JNBAX % Rank
Dividend Yield 0.00% 0.00% 4.42% 41.35%

Dividend Distribution Analysis

JNBAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Quarterly Annually

Net Income Ratio Analysis

JNBAX Category Low Category High JNBAX % Rank
Net Income Ratio 3.90% -0.95% 6.29% 3.22%

Capital Gain Distribution Analysis

JNBAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

JNBAX - Fund Manager Analysis

Managers

Jeffrey Geller


Start Date

Tenure

Tenure Rank

May 31, 2007

13.09

13.1%

Jeffrey Geller, CFA, managing director, is a Chief Investment Officer of Multi-Asset Solutions, where he is responsible for investment oversight of all mandates managed in New York. This includes providing oversight with respect to manager and strategy suitability and fit and ensuring that the team's asset allocation views are reflected appropriately across a diverse set of mandates. Jeff is also a portfolio manager for less constrained multi-asset class portfolios as well as portfolios with alternatives exposure. Before joining the firm in 2006, Jeff was director of Hedge Fund Investments at Russell Investment Group and served as chairman of the Firm's hedge fund investment committee. Prior to that, he was a senior partner at Credit Suisse Asset Management's BEA Associates unit where he had responsibility for managing equity, currency overlay and relative value arbitrage strategies. Jeff earned a Bachelor of Arts in Government from Clark University and an M.B.A. in Finance from the University of Chicago Graduate School Of Business. He is a CFA charterholder and is Series 24, 7, and 63 licensed

Michael Schoenhaut


Start Date

Tenure

Tenure Rank

May 31, 2007

13.09

13.1%

Michael Schoenhaut, managing director, is a portfolio manager on JPMAM's Multi-Asset Solutions team, based in New York. Michael is responsible for a global suite of multi-asset income strategies and is lead portfolio manager across the funds. He focuses on asset allocation, portfolio construction, manager selection and risk management. He was previously a member of the SmartRetirement port-folio management team which was awarded the 2014 Morningstar U.S. Allocation Fund Manager of the Year for their efforts. An employee since 1997, Michael has held other positions within Multi-Asset Solutions, including portfolio manager for GTAA and balanced strategies and head of quantita-tive portfolio management. Michael earned a Bachelor of Science in Operations Research and In-dustrial Engineering from Cornell University and is a CFA charterholder.

Eric Bernbaum


Start Date

Tenure

Tenure Rank

Dec 09, 2014

5.56

5.6%

Eric Bernbaum, executive director, is a portfolio manager for J.P. Morgan Asset Management's Multi-Asset Solutions team based in New York. An employee since 2008, Eric is responsible for manager selection and portfolio construction. He focuses on portfolio management and the interpretation and implementation of tactical asset allocation strategy across multi-asset class portfolios, with a specific focus on income strategies. Eric holds a B.S. in Applied Economics and Management with a concen-tration in Business and Finance from Cornell University and is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 28.52 6.3 0.5