With around $1.7 trillion worth of assets under management, JPMorgan is renowned as one of the world's leading financial management companies. The company has a legacy of investment management experience since 1865. It is the eighth-largest mutual fund firm in the U.S. It also prides itself as the leader in U.S. equity fund flows. JP Morgan offers managed accounts and retirement products. The company has pioneered the introduction of innovative, inflation-protected municipal products.
Below we share with you 5 top-rated JPMorgan mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and we expect the fund to outperform its peers in the future. To view the Zacks Rank and past performance of all JPMorgan mutual funds, investors can click here to see the complete list of JPMorgan funds .
JPMorgan Small Cap Value A ( PSOAX ) invests a major portion of its assets in equity securities of small cap companies. These companies have market capitalizations equal to those companies listed in the Russell 2000 Value Index during the time of purchase. In reviewing investment opportunities, the fund team uses a value-oriented approach. PSOAX offers dividends quarterly and capital gains annually. The JPMorgan Small Cap Value A returned 5.4% over the past one-year period.
PSOAX has an expense ratio of 1.24% compared to a category average of 1.33%.
JPMorgan Intrepid International A ( JFTAX ) seeks capital appreciation over the long term. JFTAX mostly invests in equity securities of companies from developed countries other than the U.S. JFTAX may also invest in equity securities of companies from emerging economies. JFTAX invests in securities across all market capitalizations. JFTAX distributes dividends and net capital gains, if any, annually. The JPMorgan Intrepid International A returned 0.8% over the last one-year period.
As of August 2015, this fund held 218 issues, with 2.08% of its total assets invested in Novartis AG
JPMorgan Mortgage-Backed Securities A ( OMBAX ) invests the majority of its assets in mortgage-backed securities. OMBAX focuses on acquiring bonds and debt securities rated investment grade though it may purchase securities of comparable quality. OMBAX offers dividends monthly and capital gains annually. The JPMorgan Mortgage-Backed Securities A returned 2.8% over the last one-year period.
OMBAX has an expense ratio of 0.65% compared to a category average of 0.83%.
JPMorgan Core Plus Bond A ( ONIAX ) seeks a high level of current income. ONIAX invests a large portion of its assets in a wide range of debt securities of varying quality. Not more than 35% of its assets are used to purchase foreign securities. At least 65% of its assets must be invested in bonds rated investment grade at the time of purchase. ONIAX offers dividends monthly and capital gains annually. The JPMorgan Core Plus Bond A returned 1.5% over the last one-year period.
As of August 2015, this fund held 2761 issues, with 2.94% of its total assets invested in US Treasury Note 0.01%
JPMorgan Intrepid Value A ( JIVAX ) invests the majority of its assets in equity securities of large and mid-cap companies. Large-cap companies are those with a market capitalization of over $10 billion at the time of purchase, while mid-cap companies are those having market capitalization between $1 billion and $10 billion at the time of purchase. The JPMorgan Intrepid Value A returned 0.4% over the last one-year period.
JIVAX has an expense ratio of 0.86% compared to a category average of 1.10%.
To view the Zacks Rank and past performance of all JPMorgan mutual funds, investors can click here to see the complete list of funds .
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at http://www.zacks.com/funds .
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Get Your Free (PSOAX): Fund Analysis Report
Get Your Free (JFTAX): Fund Analysis Report
Get Your Free (OMBAX): Fund Analysis Report
Get Your Free (ONIAX): Fund Analysis Report
Get Your Free (JIVAX): Fund Analysis Report
To read this article on Zacks.com click here.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
