JPMorgan U.S. Large Cap Core Plus Fund Class R2 Shares (JLPZX)
| Fund Assets | 3.14B |
| Expense Ratio | 2.16% |
| Min. Investment | $15,000,000 |
| Turnover | 109.00% |
| Dividend (ttm) | 1.35 |
| Dividend Yield | 7.48% |
| Dividend Growth | -32.27% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 18.00 |
| YTD Return | 5.54% |
| 1-Year Return | 20.13% |
| 5-Year Return | 124.52% |
| 52-Week Low | 14.45 |
| 52-Week High | 19.39 |
| Beta (5Y) | n/a |
| Holdings | 275 |
| Inception Date | Nov 3, 2008 |
About JLPZX
The JPMorgan U.S. Large Cap Core Plus Fund R2 is a mutual fund focused on delivering high total return through an actively managed portfolio of U.S. large-cap equities. Its primary strategy centers on investing at least 80% of assets in a diversified selection of large-cap stocks, combining both growth and value-oriented companies across major sectors. Notably, the fund employs a “core plus” approach, which includes holding both long and short positions to enhance return potential and manage risk, while maintaining a net 100% long market exposure. This flexibility enables the managers to express tactical views and seek incremental returns above traditional large-cap benchmarks such as the S&P 500 Index. The fund’s portfolio is typically well-diversified, but with active allocation to higher conviction names, resulting in a significant concentration in leading U.S. technology and consumer franchises such as NVIDIA, Microsoft, Amazon, and Apple. The fund is benchmark-aware and designed for investors seeking exposure to blue-chip U.S. equities with a disciplined, research-driven selection process. Its blend of traditional and alternative strategies distinguishes it in the large blend mutual fund category, making it a noteworthy option for retirement-focused accounts.
Performance
JLPZX had a total return of 20.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.01%.
Top 10 Holdings
40.16% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 7.47% |
| NVIDIA Corporation | NVDA | 7.16% |
| Amazon.com, Inc. | AMZN | 5.25% |
| Apple Inc. | AAPL | 4.62% |
| Mastercard Incorporated | MA | 3.57% |
| Meta Platforms, Inc. | META | 3.50% |
| Alphabet Inc. | GOOGL | 2.31% |
| Wells Fargo & Company | WFC | 2.30% |
| Exxon Mobil Corporation | XOM | 1.99% |
| Lowe's Companies, Inc. | LOW | 1.98% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $1.34703 | Dec 13, 2024 |
| Dec 13, 2023 | $1.98882 | Dec 14, 2023 |
| Dec 13, 2022 | $4.8408 | Dec 14, 2022 |
| Dec 13, 2021 | $6.78495 | Dec 14, 2021 |
| Dec 18, 2020 | $0.01177 | Dec 21, 2020 |
| Dec 11, 2020 | $6.82437 | Dec 14, 2020 |