
JPMorgan Trust I - JPMorgan Federal Money Market Fund (JFMXX)
JFMXX Price Chart
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JFMXX Fund Profile
Key details and information about JPMorgan Trust I - JPMorgan Federal Money Market Fund (JFMXX).
Sector Focus
Financial Services
Industry
Asset Management - Bonds
Description
The JPMorgan Federal Money Market Fund, a component of the JPMorgan Trust I complex, is expertly managed by J.P. Morgan Asset Management. This U.S. government money market fund primarily aims to deliver consistent current income while prioritizing capital preservation and ensuring high liquidity for its investors. Under normal market conditions, its investment strategy focuses exclusively on acquiring U.S. Treasury debt instruments, such as bills, bonds, and notes, in addition to securities issued by certain U.S. government agencies. Classified as a government money market fund, it endeavors to maintain a stable net asset value (NAV) of $1.00 per share. Established in September 2001 and denominated in U.S. dollars, its institutional share class serves as the primary investment vehicle for eligible institutional clients.
JFMXX Fund Performance
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