JPMorgan Trust II - JPMorgan U.S. Government Money Market Fund
MJGXX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 277 Park Avenue New York NY 10172
- CIK
- 0000763852
- Similar Companies
- Business
- JPMorgan Trust II - JPMorgan U.S. Government Money Market Fund (MJGXX) is a money market mutual fund that seeks current income consistent with preservation of capital and maintenance of liquidity by investing primarily in short-term U.S. government securities, repurchase agreements collateralized by such securities, and other money market instruments meeting high quality standards. The Fund offers institutional prime shares designated as MJGXX, with a focus on high-quality, low-risk debt obligations issued or guaranteed by the U.S. government or its agencies; eligible securities include Treasury bills, notes, and bonds with maturities of 397 days or less, as well as related repurchase agreements; it maintains a stable $1.00 net asset value through strict adherence to Rule 2a-7 under the Investment Company Act of 1940, emphasizing minimal credit risk, maximum maturity limits, and liquidity requirements. JPMorgan Trust II, the issuer, operates as part of J.P. Morgan Asset Management, a division of JPMorgan Chase & Co., headquartered in New York, NY, with global operations spanning the United States, Europe, Asia-Pacific, and other regions serving institutional and retail investors. Recent developments include enhancements to the Fund's liquidity management protocols in response to 2024 Federal Reserve rate adjustments, integration of advanced ESG screening for government securities where applicable without compromising yield objectives, and a strategic expansion of share classes amid heightened demand for ultra-short duration instruments following the November 2024 U.S. presidential election and subsequent monetary policy shifts under President Donald Trump. The Fund targets cash management needs of corporations, governments, financial institutions, and high-net-worth individuals, positioning it within the broader $6 trillion U.S. money market fund industry segment focused on government-backed low-volatility investments.