JPMorgan Income Builder’s lead manager Michael Schoenhaut has led this strategy since its inception in 2007, giving him the experience at the reins needed to navigate recent portfolio management turnover. His success at harnessing this fund’s flexible approach helps the two cheapest share classes get a Morningstar Analyst Rating of Bronze, while two pricier share classes are rated Neutral.
JPMorgan Income Builder I JNBSX
NAV / 1-Day Return
11.26
/
0.00
Total Assets
13.0 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.600%
Expense Ratio
0.600%
Fee Level
Below Average
Longest Manager Tenure
13.75
years
Category
Allocation--30% to 50% Equity
Investment Style
Large ValueCredit Quality / Interest Rate Sensitivity
Low / LimitedStatus
Open
TTM Yield
3.44%
Turnover
64%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will JNBSX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable JNBSX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the JNBSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of JNBSX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Successfully adapting to turnover.
