JPMorgan Research Market Neutral Fund Class C (JMNCX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
13.09
+0.02 (0.15%)
Jul 14, 2025, 4:00 PM EDT
2.35%
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.

Fund Family JPMorgan
Category Equity Market Neutral
Stock Exchange NASDAQ
Ticker Symbol JMNCX
Share Class Class C
Index ICE BofA US 3-Month T Bill TR IX

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%.

Chart

Bar chart with 6 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 1.318 to 10.156.
End of interactive chart.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
JMNSX Class I 2.46%
JMNAX Class A 2.74%

Top 10 Holdings

111.34% of assets
Name 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%
View More Holdings

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
Full Dividend History