JPMorgan Preferred and Income Securities Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.8%
1 yr return
11.5%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$798 M
Holdings in Top 10
25.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.17%
SALES FEES
Front Load 3.75%
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
JPDAX - Profile
Distributions
- YTD Total Return 2.8%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio N/A
- Dividend Yield 5.1%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameJPMorgan Preferred and Income Securities Fund
-
Fund Family NameJPMorgan Funds
-
Inception DateApr 04, 2022
-
Shares Outstanding3371
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerVikas Pathani
Fund Description
JPDAX - Performance
Return Ranking - Trailing
Period | JPDAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.8% | -3.2% | 4.1% | 12.82% |
1 Yr | 11.5% | 3.7% | 19.7% | 35.90% |
3 Yr | N/A* | -8.8% | 5.9% | N/A |
5 Yr | N/A* | -5.4% | 5.4% | N/A |
10 Yr | N/A* | 0.7% | 4.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | JPDAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.3% | -3.6% | 14.2% | 19.23% |
2022 | N/A | -29.4% | -9.6% | N/A |
2021 | N/A | -3.4% | 17.2% | N/A |
2020 | N/A | -24.8% | 9.0% | N/A |
2019 | N/A | 6.4% | 19.1% | N/A |
Total Return Ranking - Trailing
Period | JPDAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.8% | -3.2% | 4.1% | 12.82% |
1 Yr | 11.5% | 3.7% | 19.7% | 35.90% |
3 Yr | N/A* | -8.8% | 5.9% | N/A |
5 Yr | N/A* | -5.4% | 5.4% | N/A |
10 Yr | N/A* | 0.7% | 4.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | JPDAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.4% | -1.9% | 26.5% | 24.36% |
2022 | N/A | -26.0% | -5.8% | N/A |
2021 | N/A | -2.5% | 27.4% | N/A |
2020 | N/A | -19.2% | 12.3% | N/A |
2019 | N/A | 10.0% | 32.0% | N/A |
NAV & Total Return History
JPDAX - Holdings
Concentration Analysis
JPDAX | Category Low | Category High | JPDAX % Rank | |
---|---|---|---|---|
Net Assets | 798 M | 24.1 M | 14.5 B | 60.26% |
Number of Holdings | 112 | 45 | 450 | 82.05% |
Net Assets in Top 10 | 202 M | 7.69 M | 1.65 B | 58.97% |
Weighting of Top 10 | 25.29% | 12.1% | 48.1% | 23.08% |
Top 10 Holdings
- JPMorgan Prime Money Market Fund, Class IM 4.71%
- Wells Fargo Co., Series BB 3.67%
- Goldman Sachs Group, Inc. (The), Series R 2.59%
- PNC Financial Services Group, Inc. (The), Series T 2.41%
- UBS Group AG 2.14%
- Toronto-Dominion Bank (The) 2.00%
- Morgan Stanley 1.99%
- Truist Financial Corp., Series N 1.97%
- Bank of America Corp., Series RR 1.92%
- BNP Paribas SA 1.90%
Asset Allocation
Weighting | Return Low | Return High | JPDAX % Rank | |
---|---|---|---|---|
Bonds | 91.37% | 0.00% | 98.46% | 16.67% |
Cash | 5.02% | -0.02% | 10.76% | 12.82% |
Preferred Stocks | 3.61% | 0.00% | 125.53% | 87.18% |
Stocks | 0.00% | 0.00% | 28.30% | 74.36% |
Other | 0.00% | -4.48% | 12.19% | 50.00% |
Convertible Bonds | 0.00% | 0.00% | 31.65% | N/A |
Bond Sector Breakdown
Weighting | Return Low | Return High | JPDAX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 4.71% | 0.00% | 10.76% | 12.82% |
Derivative | 0.00% | -0.63% | 12.19% | 50.00% |
Securitized | 0.00% | 0.00% | 0.00% | N/A |
Corporate | 0.00% | 62.31% | 100.00% | N/A |
Municipal | 0.00% | 0.00% | 0.00% | N/A |
Government | 0.00% | 0.00% | 21.71% | N/A |
Bond Geographic Breakdown
Weighting | Return Low | Return High | JPDAX % Rank | |
---|---|---|---|---|
US | 91.37% | 0.00% | 98.46% | 15.38% |
Non US | 0.00% | 0.00% | 22.53% | 75.64% |
JPDAX - Expenses
Operational Fees
JPDAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.17% | 0.05% | 4.46% | 48.05% |
Management Fee | 0.50% | 0.00% | 1.00% | 21.79% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 45.45% |
Administrative Fee | 0.08% | 0.01% | 0.55% | 64.00% |
Sales Fees
JPDAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 3.75% | 2.00% | 5.75% | 80.00% |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
JPDAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | 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.
JPDAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 12.00% | 199.00% | N/A |
JPDAX - Distributions
Dividend Yield Analysis
JPDAX | Category Low | Category High | JPDAX % Rank | |
---|---|---|---|---|
Dividend Yield | 5.08% | 0.00% | 9.76% | 42.31% |
Dividend Distribution Analysis
JPDAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
JPDAX | Category Low | Category High | JPDAX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | 0.88% | 7.54% | N/A |
Capital Gain Distribution Analysis
JPDAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 01, 2024 | $0.039 | OrdinaryDividend |
Mar 01, 2024 | $0.039 | OrdinaryDividend |
Feb 01, 2024 | $0.039 | OrdinaryDividend |
Jan 01, 2024 | $0.072 | OrdinaryDividend |
Dec 01, 2023 | $0.038 | OrdinaryDividend |
Nov 01, 2023 | $0.038 | OrdinaryDividend |
Oct 01, 2023 | $0.038 | OrdinaryDividend |
Sep 01, 2023 | $0.038 | OrdinaryDividend |
Aug 01, 2023 | $0.037 | OrdinaryDividend |
Jul 01, 2023 | $0.037 | OrdinaryDividend |
Jun 01, 2023 | $0.032 | OrdinaryDividend |
May 01, 2023 | $0.032 | OrdinaryDividend |
Apr 01, 2023 | $0.032 | OrdinaryDividend |
Mar 01, 2023 | $0.032 | OrdinaryDividend |
Feb 01, 2023 | $0.032 | OrdinaryDividend |
Jan 01, 2023 | $0.057 | OrdinaryDividend |
Dec 01, 2022 | $0.032 | OrdinaryDividend |
Nov 01, 2022 | $0.032 | OrdinaryDividend |
Oct 03, 2022 | $0.032 | OrdinaryDividend |
Sep 01, 2022 | $0.032 | OrdinaryDividend |
Aug 01, 2022 | $0.032 | OrdinaryDividend |
JPDAX - Fund Manager Analysis
Managers
Vikas Pathani
Start Date
Tenure
Tenure Rank
Mar 31, 2022
0.17
0.2%
Mr. Pathani has been an employee of JPMIM or its affiliates since 2004. He is a member of the GFICC group and a portfolio manager on the Global Investment Grade Corporate Credit team, focusing on financials and hybrid capital, which includes subordinated debt, preferred stock and other capital securities.
Andreas Michalitsianos
Start Date
Tenure
Tenure Rank
Mar 31, 2022
0.17
0.2%
Andreas Michalitsianos, executive director, is a member of the Global Fixed Income, Currency & Commodities (GFICC) group. Based in London, he is a portfolio manager within the European Investment Grade Corporate Credit Team and is responsible for managing credit exposure across client portfolios. An employee since 2002, Andreas previously worked as a portfolio manager in the Long Duration group in New York. He received a B.Sc. (Hons.) in biochemistry from the University of Warwick in England and is a CFA charterholder.
Lisa Coleman
Start Date
Tenure
Tenure Rank
Mar 31, 2022
0.17
0.2%
Lisa Coleman, managing director, is the head of the Global Investment Grade Corporate Credit team in the Global Fixed Income, Currency & Commodities (GFICC) group. Prior to joining the firm in 2008, Lisa was at Schroders Investment Management for eight years, serving as the head of Global Credit Strategies and the head of European Fixed Income. Previously, she was at Allmerica Financial for six years, managing core and corporate bond portfolios. Before this, Lisa was Deputy Manager of Global Fixed Income at Brown Brothers Harriman for five years, managing corporate bond, asset-backed security, mortgage-backed security and government bond portfolios. Prior Brown Brothers Harriman, Lisa worked at Merrill Lynch in foreign exchange sales and at Travelers Insurance Company as an analyst and portfolio manager. Lisa began her career at the Federal Reserve Bank of New York, holding roles in the foreign exchange and foreign relations departments. Lisa holds a B.A. in economics from Trinity College, Hartford, Connecticut and a M.A. in international banking and finance from the School of International and Public Affairs at Columbia University, New York. In addition, she is a CFA charterholder and holds the Investment Management Certificate from the UK Society of Investment Professionals.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 30.32 | 7.8 | 11.42 |