OGGAX

About OGGAX

JPMorgan Government Bond Fund Class A is an open-ended mutual fund specializing in U.S. government fixed income securities. The fund's primary objective is to deliver a high level of current income while maintaining liquidity and emphasizing the safety of principal. Its portfolio is constructed principally from securities issued by the U.S. government, its agencies, and instrumentalities, including a significant allocation to agency-backed mortgage-backed securities (MBS), collateralized mortgage obligations (CMOs), and commercial mortgage-backed securities (CMBS). MBS, both residential and commercial, often comprise nearly half of assets, while U.S. Treasuries and agency notes serve as supporting components. This focus on agency MBS distinguishes the fund and results in a more predictable portfolio duration, typically maintained between five and six years, aiming to reduce volatility during periods of changing interest rates. All bonds held are backed by the full faith and credit of the U.S. government or its agencies, which underpins their high credit quality. This fund plays a key role for investors seeking exposure to the U.S. government bond market, particularly those prioritizing income potential and capital preservation within the fixed income sector.