JPMorgan Core Bond Fund (WOBDX)
JPMorgan Core Bond Fund operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $10.15, up 0.10% on the session, giving a market capitalisation of $53.35B. Its beta of 0.98 implies it has historically moved less than the broad market.
The JPMorgan Core Bond Fund aims to generate the highest possible total return. It accomplishes this by investing in a diverse array of high-quality, fixed-income instruments with intermediate to long maturities. A core tenet of its strategy is to allocate a minimum of 80% of its assets to various types of bonds. The portfolio's primary holdings may encompass corporate debt, U.S. Treasury obligations, other government and agency-issued securities, and a selection of mortgage-backed and asset-backed instruments. The fund generally maintains an average weighted maturity profile ranging from 4 to 12 years.
JPMorgan Core Bond Fund is most often compared with the following Financial Services names: