JPMorgan U.S. Research Enhanced Equity Fund
JPMorgan Trust I · Series S000002765 · 3 share classes
data updated 2026-09-08
Fund profile
As filed in the prospectus · 2025 Q4
The Fund seeks to provide a consistently high total return from a broadly diversified portfolio of equity securities with risk characteristics similar to the Standard and Poors 500 Composite Stock Price Index (S&P 500 Index).
The fund invests primarily in common stocks of companies in the S&P 500 Index, modestly overweighting securities it considers undervalued or fairly valued relative to the index's sector weightings, and may use futures contracts to gain equity exposure from cash positions. Because the fund's returns depend on its security selections and valuations, which may diverge from index constituents, performance may differ from the S&P 500 Index. The adviser assesses environmental, social and governance factors as part of its research process but may hold securities negatively impacted by such factors or avoid those positively impacted.
| Share class | Gross | Net |
|---|---|---|
| JDESX | 0.58% | 0.35% |
| JDEAX | 0.84% | 0.60% |
| JDEUX | 0.33% | 0.25% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 28.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 96.74% |
| Cash & short-term | 2.99% |
| Derivatives | 0.02% |
Derivatives are shown at market value, not notional exposure.
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 |
|---|---|---|---|---|---|
| +29.75% | +77.69% | +84.73% | 13.37% | -8.40% | |
| +29.43% | +76.34% | +82.43% | 13.38% | -8.51% | |
| +29.88% | +78.21% | +85.65% | 13.39% | -8.37% |
These classes hold the same portfolio, so the 3.22pp spread over 5 years is the cost difference between them — roughly 0.64pp 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 | 7.87% | $200.09 | $931.14M | 4.7M |
| AAPL | Apple, Inc.AAPL | 6.34% | $289.36 | $750.17M | 2.6M |
| MSFT | Microsoft Corp.MSFT | 4.69% | $373.02 | $554.47M | 1.5M |
| AMZN | Amazon.com, Inc.AMZN | 4.05% | $238.34 | $478.79M | 2.0M |
| GOOGL | Alphabet, Inc.GOOGL | 3.27% | $357.37 | $386.44M | 1.1M |
| JIMXX | JPMorgan Prime Money Market FundJIMXX | 2.99% | — | $353.62M | — |
| AVGO | Broadcom, Inc.AVGO | 2.90% | $377.75 | $343.47M | 909.2K |
| GOOG | Alphabet, Inc.GOOG | 2.33% | $353.33 | $275.13M | 778.7K |
| MU | Micron Technology, Inc.MU | 2.21% | $1,154.29 | $261.28M | 226.4K |
| META | Meta Platforms, Inc.META | 2.01% | $563.29 | $237.85M | 422.3K |
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 38.66% of net assets, top 25 55.65%, across 170 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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