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JPMorgan Global Bond Opportunities Fund
mutual fund
GBOAX
Payout Change
Pending
Price as of:
$9.77
+0.0
+0.0%
primary theme
Bond Sector Diversified
share class
GBOAX (Mutual Fund)
JPMorgan Global Bond Opportunities Fund
Payout Change
Pending
Price as of:
$9.77
+0.0
+0.0%
primary theme
Bond Sector Diversified
share class
GBOAX (Mutual Fund)
JPMorgan Global Bond Opportunities Fund
Payout Change
Pending
Price as of:
$9.77
+0.0
+0.0%
primary theme
Bond Sector Diversified
share class
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
4.6%
1 yr return
7.1%
3 Yr Avg Return
1.6%
5 Yr Avg Return
2.7%
Net Assets
$3.4 B
Holdings in Top 10
25.1%
52 WEEK LOW AND HIGH
$9.8
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.09%
SALES FEES
Front Load 3.75%
Deferred Load N/A
TRADING FEES
Turnover 51.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
GBOAX - Profile
Distributions
- YTD Total Return 4.6%
- 3 Yr Annualized Total Return 1.6%
- 5 Yr Annualized Total Return 2.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.44%
- Dividend Yield 2.9%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameJPMorgan Global Bond Opportunities Fund
-
Fund Family NameJPMorgan Funds
-
Inception DateMay 31, 2013
-
Shares Outstanding19732819
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRobert Michele
Fund Description
The Fund seeks to achieve its investment objective by investing across sectors in developed and emerging markets located around the world. The Fund is flexible and opportunistic. Because the Fund is not managed to a benchmark, J.P. Morgan Investment Management Inc. (JPMIM or the adviser) has broad discretion to shift the Fund’s exposure to strategies, sectors, countries or currencies based on changing market conditions and its view of the best mix of investment opportunities. In buying and selling investments for the Fund, the adviser allocates the Fund’s exposure to strategies, sectors, countries, and currencies based on the adviser’s analysis of individual investments and broader economic conditions in individual countries, regions and the world. This allows the adviser to take a conservative approach during uncertain periods and move into higher risk opportunities as market conditions improve, which may result in the Fund focusing in only a few markets and sectors. The Fund’s focus may change from time to time. As part of its investment process, the adviser seeks to assess the impact of environmental, social and governance (ESG) factors on many issuers or countries in the universe in which the Fund may invest. The adviser’s assessment is based on an analysis of key opportunities and risks across industries to seek to identify financially material issues with respect to the Fund’s investments in issuers and ascertain key issues that merit engagement with issuers. These assessments may not be conclusive and securities of issuers or countries that may be negatively impacted by such factors may be purchased and retained by the Fund while the Fund may divest or not invest in securities of issuers or countries that may be positively impacted by such factors.Under normal circumstances, the Fund will invest at least 80% of its Assets in bonds. “Assets” means net assets plus the amount of borrowings for investment purposes. Under normal circumstances, the Fund will invest at least 40% of its total assets in countries other than the United States (Non-U.S. Countries) unless the adviser determines, in its sole discretion, that conditions are not favorable. If the adviser determines that conditions are not favorable, the Fund may invest under 40% of its total assets in Non-U.S. Countries provided that the Fund will not invest less than 30% of its total assets in Non-U.S. Countries under normal circumstances except for temporary defensive purposes. The Fund may invest in developed or emerging markets. Emerging markets currently includes most countries in the world except Australia, Canada, Japan, New Zealand, the U.S., the United Kingdom and most western European countries and Hong Kong. In managing the Fund, the adviser will invest in issuers in at least three countries other than the U.S. under normal circumstances. The Fund may invest a substantial part of its assets in just one country and is not required to allocate its investments in any set percentages in any particular countries. Currently, the Fund anticipates that it will invest no more than 50% of its total assets in non-dollar denominated securities but may invest more from time to time to take advantage of market conditions.Although the Fund has the flexibility to invest without limit in securities that are rated below investment grade (also known as junk bonds or high yield securities), or the unrated equivalent, the Fund generally invests at least 25% of the Fund’s total assets in investments that, at the time of purchase are rated investment grade or the unrated equivalent. The Fund has flexibility to decrease the percentage of assets invested in investment grade securities at any time to take advantage of higher risk opportunities when market conditions are improving.The Fund has broad flexibility to invest in a wide variety of debt securities and instruments. The Fund currently seeks to maintain a duration of eight years or less, although the Fund has the flexibility to maintain a longer duration under certain market conditions such as significant volatility in interest rates and spreads. Duration is a measure of the price sensitivity of a debt security or a portfolio of debt securities to relative changes in interest rates. For instance, a duration of three years means that a security’s or portfolio’s price would be expected to decrease by approximately 3% with a 1% increase in interest rates (assuming a parallel shift in yield curve). As part of its principal investment strategy, the Fund may invest in fixed and floating rate debt securities issued in developed and emerging markets. These securities may include debt securities issued by governments and their agencies, state and provincial governmental entities, supranational organizations, corporations, and banks.The Fund may also use currency-related transactions involving currency derivatives as part of its primary investment strategy. A derivative is an instrument that has a value based on another instrument, exchange rate or index. The Fund may use currency derivatives including foreign forward currency contracts (including non-deliverable forwards) and currency options for hedging or to gain or manage exposure to currencies or securities. The adviser has flexibility to significantly increase the Fund’s exposure to securities or currencies through the use of currency derivatives. The Fund is not required to hedge its non-dollar investment back to the U.S. dollar through the use of derivatives, but may do so from time to time as part of its strategy.In addition to currency derivatives, the Fund may use other fixed income and credit derivatives including futures contracts, options, and swaps (including credit default swaps). The Fund may use derivatives as substitutes for securities in which the Fund can invest. The Fund may also use derivatives for hedging purposes (for example, to take synthetic short positions to decrease exposure to certain securities, markets or currencies), to seek to increase gain to the Fund and/or as part of its risk management process by establishing or adjusting exposure to particular foreign securities, markets or currencies.A significant portion of the Fund’s assets may be invested in asset-backed, mortgage-related and mortgage-backed securities. Such securities may be structured as collateralized mortgage obligations and stripped mortgage-backed securities, including those structured such that payments consist of interest-only (IO), principal-only (PO) or principal and interest. The Fund may also invest in structured investments including credit linked notes (CLNs) for which the reference instrument is an emerging markets or developed markets debt instrument, adjustable rate mortgage loans (ARMs), and custodial receipts. The Fund may invest a significant amount of its assets in “sub-prime” mortgage-related securities.The Fund may invest in securities issued by the U.S. government and its agencies and instrumentalities including U.S. Treasury securities, treasury receipts and obligations and securities issued by the Government National Mortgage Association (Ginnie Mae), the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac).The Fund may invest in mortgage pass-through securities including mortgage securities eligible to be sold in the “to-be-announced” or TBA market (Mortgage TBAs). The Fund may enter into dollar rolls, in which the Fund sells mortgage-backed securities including mortgage TBAs and at the same time contracts to buy back very similar securities on a future date. The Fund may also sell mortgage TBAs short.The Fund may invest in inflation-linked debt securities including fixed and floating rate debt securities of varying maturities issued by the U.S. government, its agencies and instrumentalities, such as Treasury Inflation Protected Securities (TIPS). The Fund may also invest in inflation-linked debt securities issued by other entities such as corporations, foreign governments and foreign issuers.The Fund may also invest in synthetic variable rate instruments, when-issued securities, delayed delivery securities, forward commitments, zero-coupon securities, pay-in-kind securities, inverse floating rate securities, short-term funding agreements, and deferred payment securities.As part of its principal investment strategy and for temporary defensive purposes, any portion of the Fund’s total assets may be invested in cash and cash equivalents.
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GBOAX - Performance
Return Ranking - Trailing
| Period | GBOAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.6% | -11.1% | 18.9% | 84.98% |
| 1 Yr | 7.1% | -9.2% | 20.8% | 79.10% |
| 3 Yr | 1.6%* | -16.9% | 16.8% | 50.32% |
| 5 Yr | 2.7%* | -14.7% | 13.4% | 43.93% |
| 10 Yr | 3.5%* | -7.0% | 7.1% | 25.34% |
* Annualized
Return Ranking - Calendar
| Period | GBOAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 2.6% | -12.0% | 8.9% | 55.64% |
| 2022 | -9.4% | -31.8% | 18.4% | 27.26% |
| 2021 | -1.2% | -16.2% | 25.7% | 43.61% |
| 2020 | 4.1% | -31.1% | 18.7% | 23.71% |
| 2019 | 6.2% | -6.1% | 15.3% | 29.87% |
Total Return Ranking - Trailing
| Period | GBOAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.6% | -11.1% | 18.9% | 84.98% |
| 1 Yr | 7.1% | -9.2% | 20.8% | 79.10% |
| 3 Yr | 1.6%* | -16.9% | 16.8% | 50.32% |
| 5 Yr | 2.7%* | -14.7% | 13.4% | 43.93% |
| 10 Yr | 3.5%* | -7.0% | 7.1% | 25.34% |
* Annualized
Total Return Ranking - Calendar
| Period | GBOAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.6% | -6.9% | 22.2% | 73.11% |
| 2022 | -6.3% | -31.8% | 21.1% | 31.54% |
| 2021 | 1.1% | -13.5% | 49.9% | 65.41% |
| 2020 | 7.8% | -28.6% | 24.1% | 26.38% |
| 2019 | 10.3% | -4.8% | 19.1% | 33.33% |
NAV & Total Return History
GBOAX - Holdings
Concentration Analysis
| GBOAX | Category Low | Category High | GBOAX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.4 B | 2.63 M | 143 B | 18.47% |
| Number of Holdings | 1511 | 4 | 9638 | 13.57% |
| Net Assets in Top 10 | 883 M | -204 M | 89.4 B | 23.24% |
| Weighting of Top 10 | 25.08% | 5.8% | 265.8% | 53.62% |
Top 10 Holdings
- JPMorgan Prime Money Market Fund, Class Institutional 10.13%
- FNMA/FHLMC UMBS, Single Family, 30 Year 5.04%
- GNMA II, Single Family, 30 Year 2.51%
- FNMA UMBS, 30 Year 1.26%
- Notas do Tesouro Nacional 1.13%
- U.S. Treasury Inflation Linked Notes 1.10%
- European Union 1.07%
- Republic of South Africa 0.99%
- Mex Bonos Desarr Fix Rt 0.94%
- Mex Bonos Desarr Fix Rt 0.90%
Asset Allocation
| Weighting | Return Low | Return High | GBOAX % Rank | |
|---|---|---|---|---|
| Bonds | 95.16% | 0.00% | 199.60% | 34.01% |
| Convertible Bonds | 11.96% | 0.00% | 33.50% | 3.37% |
| Cash | 10.13% | -94.66% | 99.97% | 18.72% |
| Other | 1.25% | -75.22% | 147.15% | 61.47% |
| Stocks | 0.24% | -6.18% | 99.68% | 56.63% |
| Preferred Stocks | 0.01% | 0.00% | 21.58% | 42.90% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | GBOAX % Rank | |
|---|---|---|---|---|
| Energy | 64.56% | 0.00% | 100.00% | 22.61% |
| Communication Services | 20.95% | 0.00% | 100.00% | 13.91% |
| Basic Materials | 12.52% | 0.00% | 100.00% | 9.28% |
| Utilities | 1.96% | 0.00% | 100.00% | 33.91% |
| Technology | 0.00% | 0.00% | 28.30% | 80.87% |
| Real Estate | 0.00% | 0.00% | 100.00% | 82.90% |
| Industrials | 0.00% | 0.00% | 100.00% | 86.96% |
| Healthcare | 0.00% | 0.00% | 18.60% | 81.16% |
| Financial Services | 0.00% | 0.00% | 100.00% | 90.72% |
| Consumer Defense | 0.00% | 0.00% | 99.97% | 81.74% |
| Consumer Cyclical | 0.00% | 0.00% | 89.95% | 83.48% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | GBOAX % Rank | |
|---|---|---|---|---|
| US | 0.20% | -6.18% | 99.68% | 54.45% |
| Non US | 0.04% | -0.30% | 17.73% | 12.64% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | GBOAX % Rank | |
|---|---|---|---|---|
| Corporate | 68.14% | 0.00% | 96.66% | 10.95% |
| Government | 19.70% | 0.00% | 99.43% | 31.24% |
| Cash & Equivalents | 10.13% | 0.00% | 94.89% | 18.00% |
| Securitized | 7.26% | 0.00% | 99.65% | 72.30% |
| Municipal | 0.00% | 0.00% | 54.26% | 80.35% |
| Derivative | -0.07% | -75.22% | 147.15% | 73.71% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | GBOAX % Rank | |
|---|---|---|---|---|
| US | 68.70% | 0.00% | 199.60% | 65.21% |
| Non US | 26.45% | 0.00% | 74.14% | 13.57% |
GBOAX - Expenses
Operational Fees
| GBOAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.09% | 0.03% | 34.13% | 54.90% |
| Management Fee | 0.45% | 0.00% | 2.29% | 17.49% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 46.67% |
| Administrative Fee | 0.08% | 0.00% | 0.70% | 34.74% |
Sales Fees
| GBOAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 3.75% | 0.00% | 5.75% | 63.56% |
| Deferred Load | N/A | 1.00% | 1.50% | N/A |
Trading Fees
| GBOAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| GBOAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 51.00% | 0.00% | 632.00% | 23.96% |
GBOAX - Distributions
Dividend Yield Analysis
| GBOAX | Category Low | Category High | GBOAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.94% | 0.00% | 23.30% | 82.69% |
Dividend Distribution Analysis
| GBOAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | SemiAnnual | Monthly | Quarterly |
Net Income Ratio Analysis
| GBOAX | Category Low | Category High | GBOAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.44% | -1.55% | 11.51% | 67.83% |
Capital Gain Distribution Analysis
| GBOAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 26, 2024 | $0.024 | OrdinaryDividend |
| Oct 29, 2024 | $0.031 | OrdinaryDividend |
| Sep 26, 2024 | $0.039 | OrdinaryDividend |
| Aug 28, 2024 | $0.031 | OrdinaryDividend |
| Jul 29, 2024 | $0.035 | OrdinaryDividend |
| Apr 26, 2024 | $0.040 | OrdinaryDividend |
| Mar 26, 2024 | $0.036 | OrdinaryDividend |
| Feb 27, 2024 | $0.026 | OrdinaryDividend |
| Jan 29, 2024 | $0.028 | OrdinaryDividend |
| Dec 27, 2023 | $0.025 | OrdinaryDividend |
| Nov 28, 2023 | $0.020 | OrdinaryDividend |
| Oct 27, 2023 | $0.023 | OrdinaryDividend |
| Sep 27, 2023 | $0.021 | OrdinaryDividend |
| Aug 29, 2023 | $0.027 | OrdinaryDividend |
| Jul 27, 2023 | $0.027 | OrdinaryDividend |
| Jun 28, 2023 | $0.028 | OrdinaryDividend |
| May 26, 2023 | $0.031 | OrdinaryDividend |
| Apr 26, 2023 | $0.061 | OrdinaryDividend |
| Mar 29, 2023 | $0.031 | OrdinaryDividend |
| Feb 24, 2023 | $0.029 | OrdinaryDividend |
| Jan 27, 2023 | $0.035 | OrdinaryDividend |
| Dec 28, 2022 | $0.025 | OrdinaryDividend |
| Dec 13, 2022 | $0.002 | CapitalGainShortTerm |
| Nov 28, 2022 | $0.031 | OrdinaryDividend |
| Oct 27, 2022 | $0.035 | OrdinaryDividend |
| Sep 28, 2022 | $0.029 | OrdinaryDividend |
| Aug 29, 2022 | $0.023 | OrdinaryDividend |
| Jul 27, 2022 | $0.019 | OrdinaryDividend |
| Jun 28, 2022 | $0.028 | OrdinaryDividend |
| May 26, 2022 | $0.025 | OrdinaryDividend |
| Apr 27, 2022 | $0.030 | OrdinaryDividend |
| Mar 29, 2022 | $0.024 | OrdinaryDividend |
| Feb 24, 2022 | $0.025 | OrdinaryDividend |
| Jan 27, 2022 | $0.027 | OrdinaryDividend |
| Dec 29, 2021 | $0.015 | OrdinaryDividend |
| Nov 26, 2021 | $0.025 | OrdinaryDividend |
| Oct 27, 2021 | $0.021 | OrdinaryDividend |
| Sep 28, 2021 | $0.025 | OrdinaryDividend |
| Aug 27, 2021 | $0.021 | OrdinaryDividend |
| Jul 28, 2021 | $0.010 | OrdinaryDividend |
| Jun 28, 2021 | $0.026 | OrdinaryDividend |
| May 26, 2021 | $0.019 | OrdinaryDividend |
| Apr 28, 2021 | $0.020 | OrdinaryDividend |
| Mar 29, 2021 | $0.022 | OrdinaryDividend |
| Feb 24, 2021 | $0.022 | OrdinaryDividend |
| Jan 27, 2021 | $0.020 | OrdinaryDividend |
| Dec 29, 2020 | $0.074 | OrdinaryDividend |
| Nov 25, 2020 | $0.026 | OrdinaryDividend |
| Oct 28, 2020 | $0.024 | OrdinaryDividend |
| Sep 28, 2020 | $0.024 | OrdinaryDividend |
| Aug 27, 2020 | $0.017 | OrdinaryDividend |
| Jun 26, 2020 | $0.024 | OrdinaryDividend |
| May 27, 2020 | $0.024 | OrdinaryDividend |
| Apr 28, 2020 | $0.058 | OrdinaryDividend |
| Mar 27, 2020 | $0.027 | OrdinaryDividend |
| Feb 26, 2020 | $0.025 | OrdinaryDividend |
| Jan 29, 2020 | $0.024 | OrdinaryDividend |
| Dec 27, 2019 | $0.167 | OrdinaryDividend |
| Nov 26, 2019 | $0.029 | OrdinaryDividend |
| Oct 29, 2019 | $0.024 | OrdinaryDividend |
| Sep 26, 2019 | $0.021 | OrdinaryDividend |
| Aug 28, 2019 | $0.030 | OrdinaryDividend |
| Jul 29, 2019 | $0.003 | OrdinaryDividend |
| Jun 26, 2019 | $0.006 | OrdinaryDividend |
| May 29, 2019 | $0.006 | OrdinaryDividend |
| Apr 26, 2019 | $0.010 | OrdinaryDividend |
| Mar 27, 2019 | $0.030 | OrdinaryDividend |
| Feb 26, 2019 | $0.032 | OrdinaryDividend |
| Jan 29, 2019 | $0.029 | OrdinaryDividend |
| Dec 27, 2018 | $0.187 | OrdinaryDividend |
| Nov 28, 2018 | $0.037 | OrdinaryDividend |
| Oct 29, 2018 | $0.021 | OrdinaryDividend |
| Sep 26, 2018 | $0.029 | OrdinaryDividend |
| Aug 29, 2018 | $0.029 | OrdinaryDividend |
| Jul 27, 2018 | $0.028 | OrdinaryDividend |
| Jun 27, 2018 | $0.032 | OrdinaryDividend |
| May 29, 2018 | $0.031 | OrdinaryDividend |
| Apr 26, 2018 | $0.032 | OrdinaryDividend |
| Mar 27, 2018 | $0.033 | OrdinaryDividend |
| Feb 26, 2018 | $0.033 | OrdinaryDividend |
| Jan 29, 2018 | $0.034 | OrdinaryDividend |
| Dec 27, 2017 | $0.037 | OrdinaryDividend |
| Oct 27, 2017 | $0.013 | OrdinaryDividend |
| Sep 27, 2017 | $0.012 | OrdinaryDividend |
| Aug 29, 2017 | $0.031 | OrdinaryDividend |
| Jul 27, 2017 | $0.042 | OrdinaryDividend |
| Jun 28, 2017 | $0.029 | OrdinaryDividend |
| May 26, 2017 | $0.028 | OrdinaryDividend |
| Apr 26, 2017 | $0.030 | OrdinaryDividend |
| Mar 29, 2017 | $0.030 | OrdinaryDividend |
| Feb 24, 2017 | $0.032 | OrdinaryDividend |
| Jan 27, 2017 | $0.035 | OrdinaryDividend |
| Dec 28, 2016 | $0.100 | OrdinaryDividend |
| Nov 28, 2016 | $0.051 | OrdinaryDividend |
| Oct 27, 2016 | $0.047 | OrdinaryDividend |
| Sep 28, 2016 | $0.008 | OrdinaryDividend |
| Aug 29, 2016 | $0.026 | OrdinaryDividend |
| Jul 27, 2016 | $0.032 | OrdinaryDividend |
| Jun 28, 2016 | $0.030 | OrdinaryDividend |
| May 26, 2016 | $0.030 | OrdinaryDividend |
| Apr 27, 2016 | $0.031 | OrdinaryDividend |
| Mar 29, 2016 | $0.037 | OrdinaryDividend |
| Feb 25, 2016 | $0.031 | OrdinaryDividend |
| Jan 27, 2016 | $0.032 | OrdinaryDividend |
| Dec 29, 2015 | $0.108 | OrdinaryDividend |
| Nov 25, 2015 | $0.051 | OrdinaryDividend |
| Oct 28, 2015 | $0.051 | OrdinaryDividend |
| Sep 28, 2015 | $0.031 | OrdinaryDividend |
| Aug 27, 2015 | $0.036 | OrdinaryDividend |
| Jul 29, 2015 | $0.040 | OrdinaryDividend |
| Jun 26, 2015 | $0.035 | OrdinaryDividend |
| May 27, 2015 | $0.031 | OrdinaryDividend |
| Apr 28, 2015 | $0.094 | OrdinaryDividend |
| Dec 30, 2014 | $0.166 | OrdinaryDividend |
| Dec 12, 2014 | $0.006 | CapitalGainShortTerm |
| Nov 28, 2014 | $0.020 | OrdinaryDividend |
| Oct 31, 2014 | $0.012 | OrdinaryDividend |
| Sep 30, 2014 | $0.020 | OrdinaryDividend |
| Aug 29, 2014 | $0.043 | OrdinaryDividend |
| Jun 30, 2014 | $0.090 | OrdinaryDividend |
| May 30, 2014 | $0.015 | OrdinaryDividend |
| Apr 30, 2014 | $0.022 | OrdinaryDividend |
| Mar 31, 2014 | $0.024 | OrdinaryDividend |
| Jan 31, 2014 | $0.018 | OrdinaryDividend |
| Dec 31, 2013 | $0.066 | OrdinaryDividend |
| Dec 12, 2013 | $0.045 | CapitalGainShortTerm |
| Dec 12, 2013 | $0.009 | CapitalGainLongTerm |
| Nov 29, 2013 | $0.034 | OrdinaryDividend |
| Sep 30, 2013 | $0.039 | OrdinaryDividend |
| Aug 30, 2013 | $0.017 | OrdinaryDividend |
| Jul 31, 2013 | $0.016 | OrdinaryDividend |
| Jun 28, 2013 | $0.030 | OrdinaryDividend |
| May 31, 2013 | $0.042 | OrdinaryDividend |
| Apr 30, 2013 | $0.133 | OrdinaryDividend |
| Mar 28, 2013 | $0.010 | OrdinaryDividend |
| Jan 31, 2013 | $0.029 | OrdinaryDividend |
| Dec 31, 2012 | $0.056 | OrdinaryDividend |
| Nov 30, 2012 | $0.050 | OrdinaryDividend |
GBOAX - Fund Manager Analysis
Managers
Robert Michele
Start Date
Tenure
Tenure Rank
Sep 04, 2012
9.74
9.7%
Robert Michele, CFA, managing director, is the Chief Investment Officer of the Global Fixed Income, Currency and Commodities (GFICC) group. Based in New York, Bob directs the global investment process and oversees the portfolio management and research functions. Prior to joining the firm in 2008, Bob was at Schroder Investment Management for ten years, most recently serving as the global head of fixed income. He also previously served as the head of Schroder’s U.S. Fixed Income Group, based in New York. Bob was at BlackRock from 1995 to 1998, responsible for managing core bond portfolios and d
Iain Stealey
Start Date
Tenure
Tenure Rank
Sep 04, 2012
9.74
9.7%
Iain Stealey, CFA, managing director, is the International Chief Investment Officer within the Global Fixed Income, Currency and Commodities (GFICC) group. Based in London, he is a portfolio manager focusing on multi-sector bond strategies for both segregated clients and pooled funds and serves on the Currency Investment Policy Committee (CIPC). Iain was previously Head of Global Aggregate Strategies and before that was responsible for the portfolio management of enhanced cash and short duration portfolios. Since 2002, he obtained a B.Sc. in Management Science from Loughborough University.
Andrew Headley
Start Date
Tenure
Tenure Rank
Jul 01, 2020
1.92
1.9%
Andrew Headley, managing director, is the Head of Securitized strategies within the Global Fixed Income, Currency & Commodities (GFICC) group and is a portfolio manager for several multi-sector fixed income strategies. Based in New York, he is responsible for overseeing management of dedicated strategies focused on agency & non-agency mortgage-backed securities, commercial mortgage-backed securities, and asset-backed securities as well as the development and implementation of securitized strategies for multi-sector portfolios. An employee since 2005, Drew previously worked as a portfolio manager at Bear Stearns Asset Management, overseeing the securitized sectors for the core fixed income strategies. Prior to this, Drew was a portfolio manager at Fischer Francis Trees & Watts (a subsidiary of BNP Paribas Asset Management) for eleven years, specializing in mortgage and broad market portfolios. Drew holds a B.S. summa cum laude in economics from the Wharton School of the University of Pennsylvania and is a CFA charterholder.
Jeff Hutz
Start Date
Tenure
Tenure Rank
Jul 01, 2020
1.92
1.9%
Jeff Hutz, managing director, is a credit analyst within the Global High Yield team, responsible for analyzing and selecting high yield bonds in the consumer products and technology sectors as well as convertible securities. Prior to joining the firm in 2004, Jeff was at 40|86 Advisors for five years, most recently serving as a senior analyst. Previously, he spent two years as a design engineer with Onkyo America Inc., the U.S. division of a Japanese electronics company. Jeff holds a B.S. in electrical engineering and an M.B.A. from Washington University in St. Louis. He is a member of the CFA Society of Indianapolis and a CFA charterholder.
Lisa Coleman
Start Date
Tenure
Tenure Rank
Jul 01, 2020
1.92
1.9%
Lisa Coleman, managing director, is the head of the Global Investment Grade Corporate Credit team in the Global Fixed Income, Currency & Commodities (GFICC) group. Prior to joining the firm in 2008, Lisa was at Schroders Investment Management for eight years, serving as the head of Global Credit Strategies and the head of European Fixed Income. Previously, she was at Allmerica Financial for six years, managing core and corporate bond portfolios. Before this, Lisa was Deputy Manager of Global Fixed Income at Brown Brothers Harriman for five years, managing corporate bond, asset-backed security, mortgage-backed security and government bond portfolios. Prior Brown Brothers Harriman, Lisa worked at Merrill Lynch in foreign exchange sales and at Travelers Insurance Company as an analyst and portfolio manager. Lisa began her career at the Federal Reserve Bank of New York, holding roles in the foreign exchange and foreign relations departments. Lisa holds a B.A. in economics from Trinity College, Hartford, Connecticut and a M.A. in international banking and finance from the School of International and Public Affairs at Columbia University, New York. In addition, she is a CFA charterholder and holds the Investment Management Certificate from the UK Society of Investment Professionals.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 28.19 | 5.71 | 3.19 |
