JPMorgan Research Market Neutral Fund Class A (JMNAX)
| Fund Assets | 360.82M |
| Expense Ratio | 2.74% |
| Min. Investment | $1,000 |
| Turnover | 144.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 2.71% |
| Dividend Growth | -41.76% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 18, 2025 |
| Previous Close | 14.26 |
| YTD Return | -2.15% |
| 1-Year Return | 0.28% |
| 5-Year Return | 31.11% |
| 52-Week Low | 14.62 |
| 52-Week High | 15.50 |
| Beta (5Y) | 0.07 |
| Holdings | 319 |
| Inception Date | Feb 28, 2002 |
About JMNAX
JPMorgan Research Market Neutral Fund Class A is a mutual fund designed to deliver long-term capital appreciation through a market neutral investment approach. This fund seeks to minimize exposure to broad market risks by employing a strategy that pairs long positions in selected U.S. stocks with offsetting short positions of similar characteristics, such as sector, size, or style. Its primary aim is to capitalize on the relative performance of individual securities, rather than on the overall direction of the equity market. The fund holds a highly diversified portfolio, targeting mid- to large-capitalization stocks, and maintains a low beta, typically under 0.3, compared to standard equity benchmarks. The majority of assets are allocated to equities and equity-related instruments, with risk managed through systematic matching of positions to neutralize macroeconomic exposures. The fund attracts investors interested in equity market exposure with reduced correlation to market movements, and is most relevant for diversifying portfolios with hedged or low-volatility strategies. JPMorgan Research Market Neutral Fund Class A is managed by JPMorgan and features an average performance rating and below average risk rating, reflecting its emphasis on risk-adjusted returns.
Performance
JMNAX had a total return of 0.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.62%.
Top 10 Holdings
108.02% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash | n/a | 76.42% |
| JPMorgan Prime Money Market Fund | JINXX | 20.13% |
| Corpay, Inc. | CPAY | 1.67% |
| Mastercard Incorporated | MA | 1.66% |
| Arthur J. Gallagher & Co. | AJG | 1.63% |
| Fidelity National Information Services, Inc. | FIS | 1.46% |
| Entergy Corporation | ETR | 1.35% |
| Burlington Stores, Inc. | BURL | 1.29% |
| NVIDIA Corporation | NVDA | 1.26% |
| The Southern Company | SO | 1.15% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2025 | $0.40802 | Dec 19, 2025 |
| Dec 19, 2024 | $0.3569 | Dec 20, 2024 |
| Dec 12, 2024 | $0.34369 | Dec 13, 2024 |
| Dec 20, 2023 | $0.35553 | Dec 21, 2023 |
| Dec 11, 2020 | $0.91475 | Dec 14, 2020 |
| Aug 27, 2020 | $0.00215 | Aug 28, 2020 |