JPMorgan Developed International Value Fund
Actively managed developed international stock fund
As of its 2026 Q2 report, JPMorgan Developed International Value Fund held 287 positions with $3.50B in net assets. Its ten largest holdings made up 21.5% of the fund. The JIESX share class costs 0.75% a year. Over the 12 months to May 2026, JIESX returned 33.1%, with dividends reinvested. In 2026 Q3 it added 38 new positions and exited 52.
The Fund seeks to provide long-term capital appreciation.
The fund seeks to identify undervalued securities in developed markets outside the U.S. through quantitative screens and fundamental analysis, targeting companies trading at attractive valuations relative to earnings, sales, and assets. Effective June 1, 2026, the fund will also require that at least 80% of assets be invested in value companies. The fund typically maintains regional exposures aligned with the MSCI EAFE Value Index but may deviate at the adviser's discretion, and may concentrate a substantial portion of assets in a single region or country.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
HSBC Holdings plc | 2.88% | $100.78M | 5.5M | $18.40 |
Roche Holding AG | 2.72% | $95.24M | 233.7K | $407.50 |
Nestle SA | 2.54% | $88.97M | 878.8K | $101.24 |
JPMorgan Prime Money Market Fund | 2.37% | $82.96M | — | — |
Shell plc | 2.35% | $82.40M | 1.8M | $45.47 |
BHP Group Ltd. | 1.78% | $62.36M | 1.6M | $39.58 |
Allianz SE | 1.75% | $61.17M | 133.9K | $456.73 |
Mitsubishi UFJ Financial Group, Inc. | 1.73% | $60.73M | 3.4M | $17.96 |
Banco Santander SA | 1.72% | $60.32M | 4.9M | $12.20 |
TotalEnergies SE | 1.68% | $58.81M | 632.6K | $92.97 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
The 200 largest of 287 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 98.87% |
| Cash & short-term | 3.12% |
| Derivatives | 0.00% |
Derivatives are shown at market value, not notional exposure.
How it has done
JIESX share class · total returns with dividends reinvested
Volatility over the last 12 months: 13.00%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 7 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.75% | +33.11% | +107.89% | +98.95% | -7.07% | |
| 0.79% | +33.18% | +108.36% | +99.75% | -7.06% | |
| 1.00% | +32.75% | +106.31% | +96.42% | -7.08% | |
| 1.50% | +32.09% | +103.11% | +91.55% | -7.12% | |
| 1.30% | +32.43% | +104.40% | +93.52% | -7.13% | |
| 0.55% | +33.37% | +109.12% | +100.89% | -7.07% | |
| 0.65% | +33.24% | +108.52% | +99.95% | -7.11% |
These classes hold the same portfolio, so the 9.33pp spread over 5 years is the cost difference between them — roughly 1.87pp a year — not a difference in what they own.
Fees & fund details
JPMorgan Developed International Value Fund is an actively managed developed international equity fund.
- Asset class
- Equity
- Region
- Developed international
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.55% – 1.50%· JIESX 0.75%
- Portfolio turnover
- 29.00% a year · as of 2026 Q1
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
38 new· the largest 8
52 exited· the largest 8
Understand how this fund fits with the rest.
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