JPMorgan U.S. Large Cap Core Plus Fund
JPMorgan Trust I · 6 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
JPMorgan U.S. Large Cap Core Plus Fund is an actively managed U.S. equity fund. 21% of JLPSX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 94% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2025 Q4
The Fund seeks to provide a high total return from a portfolio of selected equity securities.
The fund selects large-capitalization U.S. equities similar to those in the S&P 500 Index using a three-step process of research, valuation ranking, and stock selection, buying undervalued securities and shorting those it deems overvalued. The fund maintains approximately 100% net long exposure by holding long positions between 90% and 150% of net assets while keeping short positions between 0% and 50%, using equity swaps and short sales to establish short positions. Because the fund's long and short positions vary with market opportunities, its net market exposure may diverge from its target level. The fund may engage in active and frequent trading.
| Share class | Gross | Net |
|---|---|---|
| JLPSX | 1.69% | 1.39% |
| JLCAX | 1.94% | 1.64% |
| JLPCX | 2.44% | 2.14% |
| JCPRX | 1.54% | 1.44% |
| JLPZX | 2.20% | 2.09% |
| JLPYX | 1.43% | 1.34% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 100.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 98.77% |
| Cash & short-term | 1.25% |
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Information Technology | 33.3% |
| Financials | 11.4% |
| Consumer Discretionary | 11.3% |
| Health Care | 9.1% |
| 9 smaller | 34.9% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +27.53% | +81.12% | +86.37% | 14.71% | -10.38% | |
| +27.18% | +79.75% | +84.01% | 14.73% | -10.48% | |
| +26.58% | +77.10% | +79.54% | 14.70% | -10.62% | |
| +27.44% | +80.91% | +86.15% | 14.71% | -10.38% | |
| +26.68% | +77.37% | +80.25% | 14.76% | -10.69% | |
| +27.62% | +81.39% | +87.15% | 14.75% | -10.38% |
These classes hold the same portfolio, so the 7.60pp spread over 5 years is the cost difference between them — roughly 1.52pp a year — not a difference in what they own.
May 2026 and Jun 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.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| NVDA | NVIDIA Corp.NVDA | 8.53% | $200.09 | $316.00M | 1.6M |
| AAPL | Apple, Inc.AAPL | 5.45% | $289.36 | $201.94M | 697.9K |
| AMZN | Amazon.com, Inc.AMZN | 5.14% | $238.34 | $190.27M | 798.3K |
| GOOGL | Alphabet, Inc.GOOGL | 4.82% | $357.37 | $178.45M | 499.3K |
| MSFT | Microsoft Corp.MSFT | 4.79% | $373.02 | $177.24M | 475.2K |
| AVGO | Broadcom, Inc.AVGO | 3.35% | $377.75 | $123.92M | 328.1K |
| LRCX | Lam Research Corp.LRCX | 2.86% | $433.33 | $105.92M | 244.4K |
| MU | Micron Technology, Inc.MU | 2.86% | $1,154.29 | $105.91M | 91.8K |
| META | Meta Platforms, Inc.META | 2.39% | $563.29 | $88.56M | 157.2K |
| MA | Mastercard, Inc.MA | 2.32% | $513.60 | $85.94M | 167.3K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
Top 10 positions are 42.50% of net assets, top 25 64.57%, across 267 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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