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U.S. Research Equity Plus Fund - C (JEPCX)

U.S. Research Equity Plus Fund - C (JEPCX)
Overview Performance and Ratings Holdings and Details Management Dividends and Capital Gains Fees and Expenses Sales Resources
Top ten holdings (as of 3/31/2014)
1. Google, Inc., Class A 3.9%
2. Johnson & Johnson 3.3%
3. Exxon Mobil Corp. 2.7%
4. Apple, Inc. 2.7%
5. United Technologies Corp. 2.6%
6. Time Warner, Inc. 2.6%
7. Wells Fargo & Co. 2.4%
8. Schlumberger Ltd. 2.2%
9. Microsoft Corp. 2.1%
10. Bank of America Corp. 2.1%
Total of top ten 26.6%
Sector breakdown* (as of 3/31/2014)
Consumer Discretionary 12.4%
Consumer Staples 9.7%
Energy 8.8%
Financials 15.0%
Health Care 13.2%
Industrials 11.5%
Information Technology 19.2%
Materials 3.0%
Short-Term Investments 1.9%
Telecommunication Services 1.3%
U.S. Treasury Obligations 0.2%
Utilities 4.1%

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

Top contributors and detractors (as of 3/31/2014)
Top 5 quarterly contributors
1. Avago Technologies Ltd. 0.23%
2. Alcoa, Inc. 0.22%
3. Cliffs Natural Resources, Inc. 0.21%
4. PACCAR, Inc. 0.16%
5. Freescale Semiconductor Ltd. 0.11%
Top 5 quarterly detractors
1. Celgene Corp. -0.22%
2. Electronic Arts, Inc. -0.20%
3. General Motors Co. -0.17%
4. Freeport-McMoRan Copper & Gold, Inc. -0.11%
5. Amazon.com, Inc. -0.10%
Portfolio stats (as of 3/31/2014)
Number of Holdings 315
Percentage of Short Positions -35.21%
Fund Assets $18.43
(in millions)
Turnover Ratio 67.00%
(Trailing 12 month) (6/30/2013)
Wtd. Avg. Market Cap $115.6
(in billions)
P/E Ratio 16.5
(1 yr. forecast)
P/B Ratio 2.4
Risk measures* (as of 3/31/2014)
Beta 1.09
Sharpe Ratio 1.03

*All risk measures are based on a 3 year time period.


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. There is no guarantee that the use of short positions will succeed in limiting the Fund's exposure to domestic stock market movements, capitalization, sector-swings or other risk factors. Investment in a portfolio involved in sort selling may have higher portfolio turnover rates. This will likely result in additional tax consequences. Short selling involves certain risks, including additional costs associated with covering short positions and a possibility of unlimited loss on certain short sale positions. As part of its strategy, the Fund may invest in derivatives. Derivatives may be riskier than other types of investments because they may be more sensitive to changes in economic or market conditions than other types of investments and could result in losses that significantly exceed the Fund's original investment. The Fund's investments in real estate securities, including REITs, are subject to the same risks as direct investments in real estate and mortgages, and their value will depend on the value of the underlying real estate interests.

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.

Beta: The systematic risk of a Fund. The beta of a Fund is its sensitivity to a benchmark. A Fund with a beta of 1.0 is as risky as the benchmark and would therefore provide expected returns equal to those of the market during both up and down periods.

Sharpe ratio: A risk-adjusted measure that determines the reward per unit of risk. The numerator is the difference between the Fund's annualized return and the annualized return of the risk-free instrument (Citigroup 3-Month Treasury Bill Index) and the denominator is the Fund's standard deviation. The Sharpe ratio is calculated over a 36-month period based on the Fund's returns. The greater the Fund's Sharpe ratio, the better its risk-adjusted performance has been. A negative Sharpe ratio indicates that a risk-free instrument would perform better than the Fund. The Sharpe ratio shown is based on the Fund's Class A Shares or the oldest share class, where Class A Shares are not available.

Standard deviation: A statistical measure of the degree to which the Fund's returns have varied from its historical average. The higher the standard deviation, the wider the range of returns from its average and the greater the historical volatility. The standard deviation is calculated over a 36-month period based on Fund's monthly returns. The standard deviation shown is based on the Fund's Class A Shares or the oldest share class, where Class A Shares are not available.

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

Risk measures are calculated based upon the Funds' broad-based index as stated in the prospectus.