About JCPRX
The JPMorgan U.S. Large Cap Core Plus Fund R5 Shares is an actively managed mutual fund focused on achieving a high total return through a diversified portfolio of predominantly U.S. large-cap equity securities. Leveraging a research-driven approach, the fund seeks long-term, sustainable growth by investing in undervalued stocks across various sectors and maintaining rigorous risk controls. Notably, the fund enhances its return profile by employing both long and short positions, a strategy that distinguishes it from traditional long-only large-cap funds. This structure typically results in a net market exposure of around 100%, with approximately 130% long and 30% short exposures, thus allowing for greater flexibility and risk management.
The fund's portfolio is well-diversified, often comprising over 250 holdings, and avoids excessive sector or style tilts, keeping sector weights within 5% of the S&P 500 Index. Managed by experienced professionals, the fund emphasizes bottom-up stock selection and typically holds many of the largest U.S. companies, such as Microsoft, Apple, Amazon.com, Alphabet, Meta Platforms, and NVIDIA. By integrating short positions, the fund aims to generate alpha in various market environments while limiting the impact of individual stock or sector bets. This disciplined, research-intensive approach has contributed to its strong performance and significance within the large blend category.
Fund Family JPMorgan
Category Large Blend
Stock Exchange NASDAQ
Ticker Symbol JCPRX
Share Class Class R5
Index S&P 500 TR
JCPRX had a total return of 21.10% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.30%.
