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About JPMorgan Equity Focus ETF
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Inception date
Jul 28, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
JPMorgan Investment Management, Inc.
Distributor
JPMorgan Distribution Services, Inc.
ISIN
US46654Q7815
JPEF actively targets a narrow portfolio of no more than 40 US stocks of any capitalization. The fund aims to capture stocks with growth acceleration that are not reflected in stock prices, as well as those that appear underrated by the market. The selection process integrates ESG factors to their bottom-up fundamental analysis, constructing a portfolio with 35% to 65% to either growth or value stocks based on market conditions. Fundamental factors concentrate on valuation metrics unique to the company, high levels of durability and viability, superior financial quality, and mispriced business models. Investments may include non-US securities capped at 20% and cash when attractive opportunities are scarce. The adviser may sell securities based on negative earnings, adverse price movement, declining prospects, ESG impact, or more attractive stocks. On July 28, 2023, JPEF converted from a mutual fund to an actively managed ETF with $245 million in assets.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Finance
Stocks98.76%
Technology Services24.39%
Electronic Technology20.17%
Finance19.33%
Retail Trade6.33%
Consumer Services4.40%
Industrial Services4.31%
Health Technology4.09%
Health Services2.48%
Producer Manufacturing2.35%
Utilities2.12%
Energy Minerals2.09%
Consumer Non-Durables2.06%
Consumer Durables1.65%
Transportation1.55%
Non-Energy Minerals1.43%
Bonds, Cash & Other1.24%
Cash1.24%
Stock breakdown by region
North America98.94%
Europe1.06%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
JPEF invests in stocks. The fund's major sectors are Technology Services, with 24.39% stocks, and Electronic Technology, with 20.17% of the basket. The assets are mostly located in the North America region.
JPEF top holdings are Microsoft Corporation and NVIDIA Corporation, occupying 7.43% and 7.24% of the portfolio correspondingly.
JPEF last dividends amounted to 0.39 USD. The year before, the issuer paid 0.09 USD in dividends, which shows a 76.39% increase.
JPEF assets under management is 1.58 B USD. It's risen 1.29% over the last month.
JPEF fund flows account for 567.18 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, JPEF pays dividends to its holders with the dividend yield of 0.52%. The last dividend (Dec 27, 2024) amounted to 0.39 USD. The dividends are paid annually.
JPEF shares are issued by JPMorgan Chase & Co. under the brand JPMorgan. The ETF was launched on Jul 28, 2023, and its management style is Active.
JPEF expense ratio is 0.44% meaning you'd have to pay 0.44% of your investment to help manage the fund.
JPEF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
JPEF invests in stocks.
JPEF price has risen by 2.14% over the last month, and its yearly performance shows a 12.42% increase. See more dynamics on JPEF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.99% over the last month, showed a 6.00% increase in three-month performance and has increased by 14.17% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.99% over the last month, showed a 6.00% increase in three-month performance and has increased by 14.17% in a year.
JPEF trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.