|
Overall Morningstar
Rating™ |
| What is this? |
 |
 |
| As of 2009-10-31 |
|
Out of
Muni Single State Interm Funds |
|
| Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance. |
|
|
|
Morningstar®
Style Box™ |
| What is this? |
|
 |
|
Avg Duration |
|
|
5.08 Yrs
|
|
|
|
Avg Credit Quality |
|
|
AA |
|
| As of
2009-09-30 |
|
|
| Day Change |
| $ 0.00 |
|
|
| NAV (2009-11-20) |
| $ 9.88 |
|
|
| YTD Return % (2009-11-20) |
| 7.37% |
|
|
| Total Assets ($ mil) |
| 163 |
|
| Growth of $10,000 |
 |
Fund: |
JPMorgan AZ Municipal Bond Select |
| (from
1999-01-01
to 2009-10-31) |
 |
Category: |
Muni Single State Interm |
|
 |
Index: |
BarCap Municipal TR USD |
| Total Annualized Returns % |
1yr, 3yr and 5yr Returns as of 2009-11-20 |
| Inception date: 1997-01-20 |
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 |
7.37 |
8.77 |
4.61 |
3.85 |
4.74 |
4.48 |
| +/- Category |
-2.81 |
-2.46 |
1.37 |
0.80 |
0.27 |
--- |
| +/- BarCap Municipal TR USD |
-4.77 |
-2.90 |
0.36 |
-0.51 |
--- |
--- |
|
|
| Standardized Annual Returns % more on standardized returns |
| Quarter-End (as of
2009-09-30) |
8.16 |
11.83 |
5.05 |
3.99 |
4.84 |
4.65 |
| Month-End (as of 2009-10-31) |
6.29 |
10.13 |
4.29 |
3.52 |
4.74 |
4.48 |
|
|
| After Tax Returns % (as of
2009-09-30
)
|
| On Distribution |
--- |
10.13 |
4.26 |
3.49 |
4.71 |
--- |
| On Distribution & Sale of Shares |
--- |
7.91 |
4.20 |
3.55 |
4.68 |
--- |
|
|
| Morningstar Rating |
--- |
--- |
 |
 |
 |
--- |
|
| # of compared funds covered (3 yrs : out of 247 funds), (5 yrs : out of 237 funds), (10 yrs : out of 194 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 |
28.17 |
| Advance Refunded |
10.86 |
| State Appropriated Tobacco |
---
|
| Non-state Appropriated Tobacco |
---
|
| Education |
18.24 |
| Health |
1.31 |
| Housing |
1.99 |
| Industrial |
---
|
| Transportation |
9.00 |
| Utilities |
---
|
| Water/Sewer |
9.11 |
| Misc. Revenue |
21.32 |
|
| Bond Quality |
% of Bonds |
| AAA |
41.7 |
| AA |
31.2 |
| A |
24.3 |
| BBB |
2.9 |
| BB |
0.0 |
| B |
0.0 |
| Below B |
0.0 |
| Not Rated |
0.0 |
|
|
|
|
|
| |
|
|
| Asset Allocation |
|
 |
|
| % of Net Assets |
 |
Cash |
2.8 |
 |
Stocks |
0.0 |
|
Bonds |
97.2 |
 |
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 % |
25 |
| Total Number of Bond Holdings |
87 |
|
30 Day SEC Yield % |
2.03 |
| % of Assets in Top 10 Holdings |
22.08 |
|
ending as of
2009-09-30 |
|
|
|
|
View Data Definitions |
| Top 10 Holdings |
Maturity
Date |
Amount
$000 |
Value
$000 |
% of Net
Assets |
|
|
|
|
|
|
|
Maricopa Cnty Ariz Indl Dev Au Single Fa |
2014-12-31 |
6,450 |
5,774 |
3.51 |
|
Scottsdale Ariz Mun Ppty Corp Excise 5% |
2017-07-01 |
3,000 |
3,528 |
2.14 |
|
Gilbert Ariz Ref 5% |
2016-07-01 |
3,000 |
3,512 |
2.13 |
|
Texas Transn Commn St Hwy Fd R St 5.25% |
2014-04-01 |
3,000 |
3,475 |
2.11 |
|
Michigan St Go Bds 5.25% |
2019-05-01 |
3,000 |
3,424 |
2.08 |
|
 |
|
Arizona Sch Facs Brd Ctfs Part Cop 5.25% |
2017-09-01 |
3,000 |
3,410 |
2.07 |
|
Phoenix Ariz Civic Impt Corp E Excise 5% |
2015-07-01 |
3,000 |
3,398 |
2.07 |
|
Mesa Ariz Util Sys Rev Ref 5% |
2020-07-01 |
3,000 |
3,372 |
2.05 |
|
Arizona St Transn Brd Hwy Rev Rev 5.25% |
2018-07-01 |
3,000 |
3,278 |
1.99 |
|
Yuma Ariz Indl Dev Auth 6.1% |
2034-09-20 |
3,000 |
3,181 |
1.93 |
|
|
 |
Data through 2009-09-30 |
|
|
|
| Fund Inception: 1997-01-20 |
|
Portfolio Manager (Start Date) |
|
|
|
|
|
Kim Bingle (2006-03-31) |
|
|
|
Bingle is a member of the tax free bond team and manages institutional and private client national municipal portfolios. Prior to joining JPMorgan Investment Advisors in 1998 as senior portfolio manager, Bingle was a senior securities portfolio manger at Nationwide Insurance Company in Columbus, Ohio.
Bingle holds the Chartered Financial Analyst designation. |
|
|
|
|
|
David Sivinski (2005-11-01) |
|
|
|
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. |
|
|
|
|
Sales Charge %
(taken from prospectus dated 2009-08-31) |
| Front: |
None |
| Deferred: |
None |
|
| Expense Ratio % |
0.63 |
based on net assets
(taken from annual report dated 2008-08-31)
|
|
| Correspondence Information |
Finsbury Dials
20 Finsbury Street
London,
Lo
EC2Y 9AQ
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