|
Overall Morningstar
Rating™ |
| What is this? |
 |
 |
| As of 2009-10-31 |
|
Out of
Muni California Int/Sh Funds |
|
| Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance. |
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|
Morningstar®
Style Box™ |
| What is this? |
|
 |
|
Avg Duration |
|
|
6.57 Yrs
|
|
|
|
Avg Credit Quality |
|
|
AA |
|
| As of
2009-09-30 |
|
|
| Day Change |
| $ 0.01 |
|
|
| NAV (2009-11-20) |
| $ 10.32 |
|
|
| YTD Return % (2009-11-20) |
| 8.68% |
|
|
| Total Assets ($ mil) |
| 265 |
|
| Growth of $10,000 |
 |
Fund: |
JPMorgan CA Tax Free Bond Instl |
| (from
1999-01-01
to 2009-10-31) |
 |
Category: |
Muni California Int/Sh |
|
 |
Index: |
BarCap Municipal TR USD |
| Total Annualized Returns % |
1yr, 3yr and 5yr Returns as of 2009-11-20 |
| Inception date: 1996-12-23 |
10yr and Inception Returns as of 2009-10-31 |
|
YTD Returns as of 2009-11-20 |
|
|
YTD |
1 Year |
3 Year |
5 Year |
10 Year |
Since Inception |
| Fund |
8.68 |
9.04 |
4.02 |
3.64 |
4.63 |
4.57 |
| +/- Category |
-0.90 |
-0.17 |
1.27 |
0.79 |
0.44 |
--- |
| +/- BarCap Municipal TR USD |
-3.46 |
-2.63 |
-0.23 |
-0.72 |
--- |
--- |
|
|
| Standardized Annual Returns % more on standardized returns |
| Quarter-End (as of
2009-09-30) |
10.60 |
12.51 |
4.84 |
4.01 |
4.83 |
4.80 |
| Month-End (as of 2009-10-31) |
7.84 |
10.10 |
3.82 |
3.35 |
4.63 |
4.57 |
|
|
| After Tax Returns % (as of
2009-09-30
)
|
| On Distribution |
--- |
10.10 |
3.82 |
3.23 |
4.50 |
--- |
| On Distribution & Sale of Shares |
--- |
7.94 |
3.81 |
3.32 |
4.49 |
--- |
|
|
| Morningstar Rating |
--- |
--- |
 |
|
|
--- |
|
| # of compared funds covered (3 yrs : out of 77 funds), (5 yrs : out of 69 funds), (10 yrs : out of 37 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is
none,
the maximum deferred sales fee is
none,
and the maximum redemption sales fee is
none. |
|
| The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein. |
|
|
|
|
| Sector Breakdown % |
|
| General Obligations |
27.11 |
| Advance Refunded |
2.57 |
| State Appropriated Tobacco |
0.87 |
| Non-state Appropriated Tobacco |
0.91 |
| Education |
4.72 |
| Health |
3.22 |
| Housing |
2.66 |
| Industrial |
---
|
| Transportation |
4.33 |
| Utilities |
10.18 |
| Water/Sewer |
4.52 |
| Misc. Revenue |
38.91 |
|
| Bond Quality |
% of Bonds |
| AAA |
18.7 |
| AA |
34.1 |
| A |
27.8 |
| BBB |
19.5 |
| BB |
0.0 |
| B |
0.0 |
| Below B |
0.0 |
| Not Rated |
0.0 |
|
|
|
|
|
| |
|
|
| Asset Allocation |
|
 |
|
| % of Net Assets |
 |
Cash |
13.3 |
 |
Stocks |
0.0 |
|
Bonds |
86.7 |
 |
Other |
0.0 |
|
|
|
Foreign Stocks |
0.0 |
|
(as a % of Assets) |
|
|
| Data through 2009-09-30 |
Data through 2009-09-30 |
 |
| Holding Status |
|
| Total Number of Stock Holdings |
|
|
Turnover % |
14 |
| Total Number of Bond Holdings |
149 |
|
30 Day SEC Yield % |
2.67 |
| % of Assets in Top 10 Holdings |
14.20 |
|
ending as of
2009-09-30 |
|
|
|
|
View Data Definitions |
| Top 10 Holdings |
Maturity
Date |
Amount
$000 |
Value
$000 |
% of Net
Assets |
|
|
|
|
|
|
 |
JPMorgan Tax-Free Money Mkt Inst |
2049-12-31 |
29,281 |
29,281 |
12.21 |
|
Los Angeles Calif Ctfs Partn Cops 6.125% |
2015-11-01 |
5,110 |
5,339 |
2.23 |
|
Walnut Valley Calif Uni Sch Di G.O. 7.2% |
2016-02-01 |
3,600 |
4,104 |
1.71 |
|
California St Go Bds 5% |
2021-11-01 |
3,500 |
3,783 |
1.58 |
|
Anaheim Calif Pub Fing Auth 5.25% |
2016-10-01 |
3,135 |
3,481 |
1.45 |
|
 |
|
California St Go Refund 5% |
2022-08-01 |
3,000 |
3,194 |
1.33 |
|
Puerto Rico Elec Pwr Auth 6% |
2011-07-01 |
3,000 |
3,187 |
1.33 |
|
San Diego Calif Uni Sch Dist 5.25% |
2028-07-01 |
2,500 |
2,950 |
1.23 |
|
California St Dept Wtr Res Cen Wtr Sy 5% |
2024-12-01 |
2,500 |
2,841 |
1.18 |
|
California St Dept Wtr Res Cen Wtr Sy 5% |
2025-12-01 |
2,500 |
2,828 |
1.18 |
|
|
 |
Data through 2009-09-30 |
|
|
|
| Fund Inception: 1996-12-23 |
|
Portfolio Manager (Start Date) |
|
|
|
|
|
Michelle G Valladolid (2004-06-30) |
|
|
|
Valladolid is a portfolio manager in the Municipal Bond Group within the U.S. Fixed Income Group, an employee of J.P. Morgan Investment Management since 1999. She began her career as an analyst in the Internal Consulting Services program
where she worked on projects in Investment Management and Financial Risk
Management. |
|
|
|
|
|
David Sivinski (2005-04-29) |
|
|
|
Sivinski is currently a portfolio manager with J.P. Morgan Investment Management. He has worked at JPMorgan Investment Advisors, an affiliate of JPMIM since 1992. Previously, he spent seven years as a first vice president with First Security National Bank in Lexington, Kentucky, and 10 years with Bank One in Columbus, Ohio.
Sivinski holds the Chartered Financial Analyst designation. |
|
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|
|
Sales Charge %
(taken from prospectus dated 2009-08-31) |
| Front: |
None |
| Deferred: |
None |
|
| Expense Ratio % |
0.50 |
based on net assets
(taken from annual report dated 2009-02-28)
|
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| Correspondence Information |
Finsbury Dials
20 Finsbury Street
London,
Lo
EC2Y 9AQ
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