A strong management team and sound investment process underpin JPMorgan Short Duration Core Plus R6's Morningstar Quantitative Rating of Silver. The portfolio maintains a cost advantage over competitors, priced within the lowest fee quintile among peers.
The management team's considerable industry experience drives an Above Average People Pillar rating for the strategy. The strategy's sensible investment philosophy earns an Above Average Process Pillar rating. The portfolio has underweighted AA rated bonds and has an overweight in debt with five- to seven-year maturities compared with category peers. The strategy belongs to a strong asset-management firm that earns an Above Average Parent Pillar rating. The firm, for example, has had a competitive lineup success ratio and overall affordable fees.