JPM Global High Yield Bond Fund – A (ACC)

Fund Snapshot

 

ISIN	LU0344579056
Share Class	A
Inception Date	Sep 2, 2008
Drawdown Risk	Medium

 

Subscriptions

Frequency	Daily
Cutoff Date	16 Mar 2026 7:15 PM SGT
Estimated Nav Date	Mar 16, 2026
Estimated Settlement Date	Mar 19, 2026
Minimum Initial	USD 35,000.00
Minimum Subsequent	USD 35,000.00

 

Fund Overview

The JPMorgan Asset Management Global High Yield Bond Fund focuses on generating income and capital appreciation by investing mainly in below-investment-grade corporate bonds issued by companies around the world. These securities, commonly referred to as high-yield bonds, typically offer higher returns to compensate investors for the additional credit risk associated with lower-rated issuers. The fund benchmarks its performance against the ICE BofA US High Yield Constrained Index, which represents the performance of U.S. dollar-denominated high-yield corporate debt with issuer concentration limits. The portfolio currently maintains an average duration of 3.9 years and an average maturity of 5.1 years, indicating a moderate interest rate sensitivity while maintaining a relatively balanced bond maturity structure.

Key Portfolio Metrics

Metric	Value
Benchmark	ICE BofA US High Yield Constrained Index
Average Duration	3.9 Years
Average Maturity	5.1 Years
Morningstar Rating	4-Star

The strategy has also received a 4-star rating from Morningstar, reflecting strong risk-adjusted performance compared with peers in the global high-yield bond category.

Credit Quality Breakdown

Credit Rating	Allocation
BBB	4.55%
Below BBB	89.54%
Non-Rated	Remaining Allocation

  The majority of the portfolio is invested in sub-investment-grade bonds, which is typical for a high-yield strategy. A smaller allocation to BBB-rated securities helps provide some stability within the portfolio’s credit structure.

Geographic Allocation

Region	Allocation
United States	93%
Other Regions	Remaining Allocation

Although positioned as a global strategy, the portfolio is heavily concentrated in U.S. corporate bonds, reflecting the size and liquidity of the American high-yield market.

Sector Allocation

Sector	Allocation
Communications	21.9%
Consumer Cyclicals	20.4%
Consumer Non-Cyclicals	16.7%

The sector exposure highlights the fund’s emphasis on industries with strong participation in the high-yield bond market, particularly communications and consumer-related sectors where companies frequently access leveraged credit markets. Overall, the strategy combines diversified high-yield exposure with active credit selection, aiming to capture income opportunities across global corporate debt markets while maintaining disciplined risk management.