James Shanahan — The Lawyer
“Always Reading The Fine Print”
Jim Shanahan enjoys Cincinnati. He holds B.A. with honors from Xavier University and a J.D. from the University of Cincinnati College of Law. Upon graduation, Jim practiced law in Cincinnati before joining a local investment firm, Pacholder Associates. Along with William Morgan and James Gibson, Jim Shanahan and his team have focused their investment and research efforts exclusively on high yield and distressed investments, since 1986. Prior to joining JP Morgan in 2005, Jim was working in the same role, with the same team at Banc One. Jim is currently Managing Director and portfolio manager for distressed, special situations and collateralized bond obligation (CBO) portfolios for the Columbus/Cincinnati High Yield Team.
With his legal background and extensive experience in high yield securities, Jim is always reading the fine print. His understanding of corporate workouts and reorganizations allows him to manage risk and seek out opportunities for reward in the bond market. When Jim sees something that he enjoys, he sticks with it. We’re glad to have Jim in Cincinnati. We are also glad to have his experience and wisdom as one of our selected Bond Money Masters during this volatile period for our economy and our financial markets.
The fund we are investing in to gain access to Money Master James Shanahan is:
|Fund Name:||JP Morgan High Yield Bond Fund|
The JP Morgan High Yield Bond Fund seeks a high level of current income; capital appreciation is a secondary objective. The fund normally invests at least 80% of assets in bonds, other debt securities, loan assignments and participations (Loans), commitments to purchase loan assignments (Unfunded Commitments) and preferred stock that are rated below investment grade or unrated. It may invest no more than 30% of net assets in Loans and Unfunded Commitments and up to 20% of net assets in investment grade securities.
Click here for the Fund Fact Sheet.
* Notes: The 10-year average return shown for OHYAX is for the 10-year period 01/01/02 - 12/31/11. The average was calculated by adding the results for the 10 consecutive calendar years shown and dividing that result by 10.
The 10-year average return and 10 individual annual performance results are shown with all dividends and gains reinvested and are net of all fund fees. All fund expenses have already been deducted from the percentage results shown.
Source for Calendar year results: Zephyr StyleADVISOR
Past performance is no guarantee of future results. Actual future results will vary.
The Retirement Corporation of America (RCA) is under no obligation to use featured managers or funds and will change managers should they fail to meet our selection criteria.
Information pertaining to RCA's advisory operations, services and fees is set forth in RCA's current disclosure statement (copy available upon request from RCA).