JASVX has a mix of structured credit. Per JAN-2021 Fact Sheet:
In it's short 30 month life, JASVX has had only 1 negative calendar month (-6.3% in March-2020).
Bucking the trend so far this year, it has managed a +2.6% return YTD. It had posted +9% and +13.7% returns in the prior 2 calendar years.
Would I be performance chasing if I slanted my Bond allocation towards this fund? Is this the type of fund that could easily implode if the U.S. housing situation falls apart?
Any comments appreciated.