JPMorgan Developed International Value Fund

JPMorgan Trust I · 7 share classes

Actively managed developed international equity fund
One fund, 7 share classes:JIESXJNUSXJFEAXJIUCXJPVZXJNVMXJPVRX
$3.50B NAV
287 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

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

Fund profile

As filed in the prospectus · 2026 Q1

The Fund seeks to provide long-term capital appreciation.

Strategy · summarised

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.

Expenses
0.55% 1.50%across 7 share classes
Share classGrossNet
JIESX0.95%0.75%
JNUSX0.80%0.79%
JFEAX1.21%1.00%
JIUCX1.78%1.50%
JPVZX1.55%1.30%
JNVMX0.71%0.55%
JPVRX0.80%0.65%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 29.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

101.99%
of net assets
Stocks98.87%
Cash & short-term3.12%
Derivatives0.00%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 44 new41 exited

Largest new: Roche Holding AG, Glencore plc, Oversea-Chinese Banking Corp. Ltd., Koninklijke Ahold Delhaize NV, Equinor ASA, Vodafone Group plc, Sun Hung Kai Properties Ltd., Daimler Truck Holding AG

Largest exited: Roche Holding AG, Mitsui & Co. Ltd., SSE plc, Bayerische Motoren Werke AG, Fortescue Ltd., Prudential plc, Obayashi Corp., Vonovia SE

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+38.48%+94.15%+106.30%13.13%-7.07%
+38.59%+94.66%+107.16%13.16%-7.06%
+38.09%+92.68%+103.65%13.15%-7.08%
+37.43%+89.80%+98.71%13.12%-7.12%
+37.77%+91.05%+100.70%13.14%-7.13%
+38.74%+95.29%+108.39%13.14%-7.07%
+38.61%+94.72%+107.28%13.17%-7.11%

These classes hold the same portfolio, so the 9.68pp spread over 5 years is the cost difference between them — roughly 1.94pp a year — not a difference in what they own.

Cumulative return· May 2023 – Apr 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
HSBC Holdings plc2.88%$100.78M
Roche Holding AG2.72%$95.24M
Nestle SA2.54%$88.97M
JPMorgan Prime Money Market Fund2.37%$82.96M
Shell plc2.35%$82.40M
BHP Group Ltd.1.78%$62.36M
Allianz SE1.75%$61.17M
Mitsubishi UFJ Financial Group, Inc.1.73%$60.73M
Banco Santander SA1.72%$60.32M
TotalEnergies SE1.68%$58.81M
Showing 10 of 287Sign in to see more

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.

Top 10 positions are 21.53% of net assets, top 25 37.29%, across 287 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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