JPMorgan International Hedged Equity Laddered Overlay ETF (JIHRX)
| Fund Assets | 93.58M |
| Expense Ratio | 0.58% |
| Min. Investment | $5,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 2.72% |
| Dividend Growth | 5.41% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 18.31 |
| YTD Return | 13.70% |
| 1-Year Return | 10.07% |
| 5-Year Return | 45.72% |
| 52-Week Low | 15.94 |
| 52-Week High | 18.36 |
| Beta (5Y) | n/a |
| Holdings | 225 |
| Inception Date | Mar 15, 2019 |
About JIHRX
The JPMorgan International Hedged Equity Fund R6 is a mutual fund designed to provide capital appreciation through diversified investments in international equities. Its primary purpose is to allow investors exposure to global stock markets while seeking to manage and reduce market risk via a disciplined options overlay strategy. This approach aims to cushion downside risk during market declines, distinguishing the fund from traditional long-only equity strategies. The fund invests across a broad spectrum of foreign companies of various market capitalizations, including subsidiaries of U.S. firms, and builds its portfolio through a proprietary stock selection process that aims to identify both overvalued and undervalued opportunities. The portfolio is constructed to closely reflect the characteristics of the MSCI EAFE Index, serving as its main performance benchmark, with a goal of delivering a significant portion of the index's returns but with lower volatility and less severe drawdowns. Annual expenses for the R6 share class are 0.58% without waivers, and the fund is managed by a team with extensive industry experience. Overall, the fund plays a meaningful role for institutions and large investors seeking international diversification with a risk-managed approach in their equity allocations.
Performance
JIHRX had a total return of 10.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.20%.
Top 10 Holdings
16.68% of assets| Name | Symbol | Weight |
|---|---|---|
| ASML Holding N.V. | ASML | 2.50% |
| AstraZeneca PLC | AZN | 2.10% |
| Shell plc | SHEL | 1.71% |
| Banco Santander, S.A. | SAN | 1.69% |
| Siemens Aktiengesellschaft | SIE | 1.65% |
| Allianz SE | ALV | 1.51% |
| Nestlé S.A. | NESN | 1.48% |
| Safran SA | SAF | 1.34% |
| Roche Holding AG | ROG | 1.34% |
| UniCredit S.p.A. | UCG | 1.34% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.49588 | Dec 20, 2024 |
| Dec 20, 2023 | $0.47041 | Dec 21, 2023 |
| Dec 20, 2022 | $0.36884 | Dec 21, 2022 |
| Dec 20, 2021 | $0.44835 | Dec 21, 2021 |
| Dec 18, 2020 | $0.31638 | Dec 21, 2020 |
| Dec 30, 2019 | $0.00563 | Dec 31, 2019 |