Jpmorgan Floating is trading at 8.28 as of the 21st of March 2025; that is 0.12% up since the beginning of the trading day. The fund's open price was 8.27. Jpmorgan Floating has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 21st of December 2024 and ending today, the 21st of March 2025. Click here to learn more.
The fund invests mainly in floating rate debt instruments issued by corporations. It normally invests at least 80 percent of its assets in floating rate instruments including Loans, convertible securities, corporate bonds, preferred shares and other floating rate debt instruments. More on Jpmorgan Floating Rate
Jpmorgan Floating Rate [JPHRX] is traded in USA and was established 21st of March 2025. Jpmorgan Floating is listed under JPMorgan category by Fama And French industry classification. The fund is listed under Bank Loan category and is part of JPMorgan family. This fund currently has accumulated 3.08 B in assets under management (AUM) with no minimum investment requirementsJpmorgan Floating Rate is currently producing year-to-date (YTD) return of 0.35% with the current yeild of 0.09%, while the total return for the last 3 years was 6.09%.
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Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Jpmorgan Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Jpmorgan Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Jpmorgan Floating Rate Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Other Information on Investing in Jpmorgan Mutual Fund
Jpmorgan Floating financial ratios help investors to determine whether Jpmorgan Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Jpmorgan with respect to the benefits of owning Jpmorgan Floating security.