JPMorgan International Hedged Equity Laddered Overlay ETF (JIHAX)
| Fund Assets | 151.97M |
| Expense Ratio | 0.85% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 2.17% |
| Dividend Growth | 8.83% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 18.09 |
| YTD Return | 13.56% |
| 1-Year Return | 9.69% |
| 5-Year Return | 42.43% |
| 52-Week Low | 15.87 |
| 52-Week High | 18.19 |
| Beta (5Y) | n/a |
| Holdings | 227 |
| Inception Date | Mar 15, 2019 |
About JIHAX
JPMorgan International Hedged Equity Fund Class A is an open-end mutual fund designed to provide capital appreciation by participating in global equity markets outside the United States, while actively managing risk through a hedging overlay. The fund primarily invests in the stocks of companies based in developed international markets, spanning all market capitalizations and including foreign subsidiaries of U.S. firms. Its strategy centers on closely tracking an international equity benchmark, such as the MSCI EAFE Index, with a built-in options overlay to reduce downside risk. This overlay typically involves purchasing put options to protect against significant market drops, financed in part by selling other options to offset costs, resulting in a structure that can cushion losses in volatile periods but may limit gains during strong market rallies. The fund is managed by a seasoned team at J.P. Morgan and aims to serve investors seeking international diversification with lower volatility compared to traditional long-only equity funds. It distributes dividends annually and supports a broad range of sectors, including financial services, healthcare, industrials, and consumer defense, positioning itself as a core holding for those prioritizing risk-adjusted returns in their global allocation.
Performance
JIHAX had a total return of 9.69% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.60%.
Top 10 Holdings
16.39% of assets| Name | Symbol | Weight |
|---|---|---|
| AstraZeneca PLC | AZN | 2.03% |
| ASML Holding N.V. | ASML | 2.00% |
| Shell plc | SHEL | 1.94% |
| Nestlé S.A. | NESN | 1.82% |
| Siemens Aktiengesellschaft | SIE | 1.61% |
| Banco Santander, S.A. | SAN | 1.48% |
| Allianz SE | ALV | 1.48% |
| SAP SE | SAP | 1.41% |
| Safran SA | SAF | 1.33% |
| UniCredit S.p.A. | UCG | 1.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.41439 | Dec 20, 2024 |
| Dec 20, 2023 | $0.38078 | Dec 21, 2023 |
| Dec 20, 2022 | $0.33551 | Dec 21, 2022 |
| Dec 20, 2021 | $0.38074 | Dec 21, 2021 |
| Dec 18, 2020 | $0.2684 | Dec 21, 2020 |
| Dec 30, 2019 | $0.00563 | Dec 31, 2019 |