Stock fact sheet · data as of
JPMorgan Core Bond Fund Class R2 (JCBZX): fair value, margin of safety and Wheel Score
Ticker symbol JCBZX · Financial Services · Asset Management - Bonds · United States · Fund / Note
Is JCBZX undervalued?
JCBZX closed at 10.00 on 5 Nov 2026, more than 30% above the GLS average fair value of 2.97. Only 0 of the 2 models that produced a value sit above the price. By our models the shares are priced well beyond what the filed earnings, cash flow and book value support; the "below fair value" Wheel Trade Filter keeps names like this under 70.
The average is built from just 2 models (10 Cap, DDM) - the rest returned nothing because an input they need (dividends, free cash flow, book value) is zero or negative - so treat it with more caution than usual.
JCBZX looks like a fund, note or preferred share rather than an operating company, so the nightly engine files it under Fund / Note: the valuation models are not built for it, and its Wheel Score is capped at 45.
Nine valuation models for JCBZX
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | 0.5340 | -95% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | 5.41 | -46% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | -0.0632 | -101% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
JPMorgan Core Bond Fund Class R2 scores 5 of 9 on the Piotroski F-score: a middling result that falls one point short of the "Piotroski 6 or more" Wheel Trade Filter. Some of the nine tests on profitability, leverage and efficiency are failed, so the accounts are worth a look before selling a put on the name. There is no GLS Moat score for JCBZX: funds, notes and second share lines get none, and so does a company with fewer than two years of accounts on file. The Moat part of the Wheel Score is zero.
Returns on capital are moderate - ROIC 6.2%, ROE 9.3%, ROA 5.9% - with debt at 0.51 times equity and a free-cash-flow yield of 0.3%.
The dividend yield is 3.68% at a payout ratio of 87%; for a wheel trader holding assigned shares the dividend adds to the covered-call premium, and the ex-dividend date is worth knowing before a call is sold.
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | 6.2% |
|---|---|---|---|
| GLS Moat | - / 10 | ROE | 9.3% |
| Debt / equity | 0.51 | ROA | 5.9% |
| Free-cash-flow yield | 0.3% | Payout ratio | 87% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 16: No options
No options are listed on JPMorgan Core Bond Fund Class R2 in our nightly snapshot, so it fails the first Wheel Trade Filter (options that actually trade) (it reads 16, under 70) and is left out of every options scan; the fair value and health figures above are still useful for a plain stock position.
Volume runs at - a day on a market cap of $50.6B, with a beta of 0.97; the Stability part of the Wheel Score rates that strong.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | no listed options |
| 2 | A real business, not a gamble | Fails | a fund or note, not a company |
| 3 | Below fair value | Fails | trades 236% above our fair value |
| 4 | Financially healthy | Fails | Piotroski 5/9 (under 6) |
| 5 | Can repay its debt | Passes | Long-term debt repaid from 3 years of operating cash flow or less (6 for real estate and utilities; banks and insurers are not judged on it) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Fails | no implied volatility |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 236% above fair value | |
| Premium | Weak | no option data | |
| Moat | Weak | no moat score | |
| Health | Fair | Piotroski 5/9 | |
| Red Flags | Fair | not scored yet - half marks | |
| Option trading | Weak | no option volume data | |
| Stability | Strong | beta 0.97, $50.6B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for JCBZX in the nightly calendar.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Asset Management - Bonds
The 12 companies below are the closest to JPMorgan Core Bond Fund Class R2 by market cap within the Asset Management - Bonds industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| JHNBX John Hancock Bond Fund Class A | 13.10 | 4.74 | -177% | 16No options | $25.1B |
| VCORX Vanguard Core Bond Fund Investor Shares | 8.73 | 3.59 | -143% | 15No options | $23.4B |
| ANBEX American Funds Strategic Bond Fund Class F-1 | 8.83 | 5.37 | -65% | 12No options | $20.4B |
| LUBAX Lord Abbett Ultra Short Bond Fund - Class A | 10.00 | 3.10 | -223% | 16No options | $16.7B |
| BFIFX American Funds Inflation Linked Bond Fund - Class F-1 | 9.38 | 2.64 | -255% | 11No options | $11.7B |
| RCWAX American Funds Capital World Bond Fund Class R-1 | 15.29 | 7.64 | -100% | 12No options | $9.7B |
| VBTIX Vanguard Total Bond Market Index Fund Institutional Shares | 9.42 | - | - | 18No options | $390.7B |
| FATRX Frost Total Return Bond Fund Investor Class Shares | 9.24 | 8.00 | -15% | 12No options | $4.1B |
| EBNEX American Funds Emerging Markets Bond Fund Class F-1 | 7.86 | 7.17 | -10% | 11No options | $3.8B |
| APOIX American Century Short Duration Inflation Protection Bond Fund Investor Class | 10.44 | 4.19 | -149% | 14No options | $1.4B |
| PRVAX T. Rowe Price Virginia Municipal Bond Fund | 10.86 | 3.33 | -226% | 14No options | $1.4B |
| FBIIX Fidelity International Bond Index Fund | 9.03 | 4.85 | -86% | 15No options | $1.4B |
⚖ Compare JCBZX with 7 of them All Financial Services stocks →
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Start free See the Sunday ScanQuestions about JCBZX
Is JCBZX undervalued right now?
No: at 10.00 the stock trades 236% above the GLS average fair value of 2.97 (data as of 5 Nov 2026), well beyond what trailing earnings, cash flow and book value support.
What is the Wheel Score of JCBZX and what does it mean?
JCBZX has no listed options in our nightly snapshot, so it cannot be wheeled; it fails the first Wheel Trade Filter (options that actually trade), stays under 70 and is shown as "No options".
What is the GLS fair value for JCBZX?
2.97 per share as of 5 Nov 2026 - the simple average of the 2 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does JPMorgan Core Bond Fund Class R2 report earnings next?
No upcoming earnings date is recorded for JCBZX in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does JCBZX have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on JCBZX, so the wheel strategy cannot be run on it and the Wheel Score stays under 70.