Johnson Core Plus Bond Fund I (JCPLX)
NASDAQ NASDAQ Primary Summary
JCPLX Chart
Johnson Core Plus Bond Fund I (JCPLX) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Johnson Core Plus Bond Fund I ever had a stock split?
Johnson Core Plus Bond Fund I Profile
| NASDAQ Exchange | United States Country |
Overview
This fund focuses on investing a significant portion of its assets in a diverse range of fixed-income securities under normal market conditions. Specifically, it commits at least 80% of its net assets, in addition to any borrowing, towards acquiring a wide array of fixed-income investments. These investments span corporate bonds, government securities from both domestic and international issuers, as well as various mortgage-backed and asset-backed securities. The fund predominantly opts for investment-grade securities, aiming to provide a balanced mix of income-generating securities for its investors.
Products and Services
- Corporate Bonds and Notes:
These are debt securities issued by corporations to fund their operations, expansion, or other projects. By investing in these, the fund provides capital to companies while earning interest income.
- Domestic and Foreign Government Securities:
These include bonds and securities issued by domestic and international governments. Such investments are considered to be lower risk, providing the fund with stable income from government-backed sources.
- Mortgage-Backed Securities (MBS) and Collateralized Mortgage Obligations (CMO):
MBS and CMO are types of asset-backed securities that are secured by mortgage loans. Investing in these allows the fund to participate in the housing market indirectly, earning income from mortgage repayments.
- Asset-Backed Securities:
These are bonds or notes backed by financial assets. Typically, these assets involve receivables from credit card payments, auto loans, and student loans. By investing in these securities, the fund gains exposure to consumer credit markets.
- Municipal Securities:
Issued by local, city, or state governments, municipal securities are used to finance public projects. These securities often provide tax-exempt income, making them an attractive option for the fund.
- Short-Term Obligations:
These are debt securities with shorter maturity periods. They include commercial paper and treasury bills, offering the fund liquidity and a secure, short-term investment option.
