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JPMorgan Hedged Equity Fund - R5 (JHQPX)

JPMorgan Hedged Equity Fund - R5 (JHQPX)
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources
Top ten holdings (as of 6/30/2015)
1. Apple, Inc. 4.1%
2. Wells Fargo & Co. 2.3%
3. Microsoft Corp. 2.2%
4. Facebook, Inc. 1.7%
5. SPXW PUT USD 1950 30/SEP/2015 (SRU5P Y 1950 US 1.7%
6. Citigroup, Inc. 1.6%
7. Exxon Mobil Corp. 1.6%
8. United Technologies Corp. 1.4%
9. Pfizer, Inc. 1.3%
10. Johnson & Johnson 1.3%
Total of top ten 19.2%
Sector breakdown* (as of 6/30/2015)
Consumer Discretionary 12.8%
Consumer Staples 8.0%
Energy 6.9%
Financials 15.9%
Health Care 15.9%
Industrials 9.7%
Information Technology 19.8%
Materials 2.8%
Put Option Purchased 1.7%
Short-Term Investments 1.6%
Telecommunication Services 1.5%
Utilities 3.4%

* Due to rounding, values may not total 100%.

Portfolio stats (as of 6/30/2015)
Number of Holdings 209
Fund Assets $202.97
(in millions)
Turnover Ratio 36.00%
(Trailing 12 month) (6/30/2014)
Wtd. Avg. Market Cap $132.5
(in billions)
P/E Ratio 17.3
(1 yr. forecast)
P/B Ratio 2.6

What's this? Mouse over an  underlined  word to see its definition. Check out our glossary >

The price of equity securities may rise or fall because of changes in the broad market or changes in a company's financial condition, sometimes rapidly or unpredictably. The Fund's main investment strategies utilize a diversified equity portfolio and derivatives, with a Put/Spread Collar options overlay. This strategy may not provide greater market protection than other equity investments, particularly in rising equity markets when the Fund is expected to underperform traditional equity strategies or during times of low market volatility when the Fund is expected to perform in line with broad equity markets. The Fund also risks losing all or part of the cash paid for purchasing put options. Unusual market conditions or the lack of a ready market for any particular option at a specific time may reduce the effectiveness of the Fund's option strategies, and for these and other reasons, the Fund's option strategies may not reduce the Fund's volatility to the extent desired and could result in losses. In addition, derivatives may not perform as expected, so the Fund may not realize the intended benefits. When used for hedging, the change in value of a derivative may not correlate as expected with the security or other risk being hedged. In addition, given their complexity, derivatives expose the Fund to risks of mispricing or improper valuation.

Total return assumes reinvestment of income.

P/E ratio: the number by which earnings per share is multiplied to estimate a stock's value.

P/B ratio: the relationship between a stock's price and the book value of that stock.

The top 10 holdings listed reflect only the Fund's long-term investments. Short-term investments are excluded. Holdings are subject to change. The holdings listed should not be considered recommendations to purchase or sell a particular security. Each individual security is calculated as a percentage of the aggregate market value of the securities held in the Fund and does not include the use of derivative positions, where applicable.

P/E ratio: the number by which earnings per share is multiplied to estimate a stock's value.

P/B ratio: the relationship between a stock's price and the book value of that stock.

EPS: Total earnings divided by the number of shares outstanding.