JPMorgan Research Market Neutral Fund Class C (JMNCX)
Fund Assets | 361.69M |
Expense Ratio | 3.23% |
Min. Investment | $1,000 |
Turnover | 103.00% |
Dividend (ttm) | 0.65 |
Dividend Yield | 4.95% |
Dividend Growth | 116.64% |
Payout Frequency | Semi-Annual |
Ex-Dividend Date | Dec 19, 2024 |
Previous Close | 13.07 |
YTD Return | 2.75% |
1-Year Return | 10.16% |
5-Year Return | 35.72% |
52-Week Low | 12.48 |
52-Week High | 13.44 |
Beta (5Y) | n/a |
Holdings | 315 |
Inception Date | Nov 2, 2009 |
About JMNCX
JPMorgan Research Market Neutral Fund Class C is a mutual fund designed to pursue returns through a market neutral investing strategy. This means the fund aims to generate profits from both long and short equity positions, while minimizing the risk associated with broad market movements. The fund seeks to deliver consistent performance regardless of market direction by carefully matching its long exposures with offsetting short positions across sectors, market capitalizations, investment styles, and countries. By maintaining a low beta, typically less than 0.3 to equity benchmarks, the fund reduces sensitivity to overall market volatility and systematic risk. Its strategy is especially relevant for investors looking to diversify away from traditional equity risk, as it focuses on stock selection rather than market trends. The fund invests primarily in global equities and equity-related instruments, including derivatives, and is managed by a team of experienced portfolio managers. It is categorized under 'Equity Market Neutral' strategies, which generally maintain at least 75% of gross assets in equities or related derivatives. JPMorgan Research Market Neutral Fund Class C is particularly notable for its focus on risk management, capital preservation, and its role as a potential diversifier within a broader portfolio.
Performance
JMNCX had a total return of 10.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.21%.
Top 10 Holdings
111.34% of assetsName | Symbol | Weight |
---|---|---|
Cash | n/a | 74.66% |
JPMorgan Prime Money Market Fund | JINXX | 23.44% |
Mastercard Incorporated | MA | 2.17% |
Fidelity National Information Services, Inc. | FIS | 2.08% |
Corpay, Inc. | CPAY | 1.67% |
Arthur J. Gallagher & Co. | AJG | 1.57% |
Aon plc | AON | 1.49% |
Microsoft Corporation | MSFT | 1.48% |
Ameriprise Financial, Inc. | AMP | 1.40% |
Howmet Aerospace Inc. | HWM | 1.38% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Dec 19, 2024 | $0.3034 | Dec 20, 2024 |
Dec 12, 2024 | $0.34369 | Dec 13, 2024 |
Dec 20, 2023 | $0.2987 | Dec 21, 2023 |
Dec 11, 2020 | $0.91475 | Dec 14, 2020 |
Aug 27, 2020 | $0.00215 | Aug 28, 2020 |
Dec 12, 2019 | $1.48327 | Dec 13, 2019 |