JPMorgan US Equity Income Class C Inc

Essentials Portfolio Analysis Background Data Performance View PDF Factsheet
Portfolio data accurate as at:

Performance

Discrete performance - to last month end

30/04/19
to
30/04/20
30/04/20
to
30/04/21
30/04/21
to
30/04/22
30/04/22
to
30/04/23
30/04/23
to
30/04/24
Fund -2.8% 26.4% 17.3% -2.1% 10.6%
Sector 2.4% 34.1% 6.5% -0.7% 21.7%
Rank 150/205 198/219 14/228 170/245 228/253
Quartile 3 4 1 3 4

Annualised performance

Annualised
3 Years to
30/04/24
5 Years to
30/04/24
10 Years to
30/04/24
Fund 8.3% 9.3% 12.2%
Sector 8.8% 12.1% 13.6%
Rank 107/228 162/205 78/126
Quartile 2 4 3

Top 10 Holdings

Stock % Weight
CONOCOPHILLIPS 2.96
WELLS FARGO & COMPANY 2.47
MORGAN STANLEY 2.34
AIR PRODUCTS AND CHEMICALS 2.25
BLACKROCK 2.24
UNITEDHEALTH GROUP INCORPORATED 2.22
COMCAST CORP(NEW) 2.20
NORFOLK SOUTHERN CORPORATION 2.12
BANK OF AMERICA CORP 2.09
JOHNSON & JOHNSON 2.00
Total 22.89

Fund Aims

To provide a portfolio designed to achieve income by investing primarily in US equities in any economic sector whilst participating in long term capital growth.

Fund Manager

Andrew Brandon manager for 4 years and 5 months

Photo of Andrew Brandon Andrew Brandon, managing director,is a portfolio manager in the U.S. Equity Group. An employee since 2000, Andrew joined the investment team in 2012 as an investment analyst on the JPMorgan Equity Income and Growth and Income Funds. Prior to joining the team Andrew was a member of our US equity research team covering the financial industry. Andrew has also worked in the JPMorgan Private Bank supporting portfolio managers of both the U.S. large cap core equity product, and the U.S. large cap value product. Andrew obtained a B.A. in economics from the University of Virginia, and an M.B.A. from the University of Florida. He is a CFA charterholder.

Dave Silberman manager for 4 years and 5 months

Photo of Dave Silberman David Silberman, managing director, is an investor on the JPMorgan Equity Income and the JPMorgan Growth & Income Funds within the U.S. Equity Group. An employee since 1989, David assumed his current role in 2019. Prior to his current role, David was the Head of the Equity Investment and Corporate Governance teams globally and the lead U.S. Equity Investment Director since 2008. Previously, he was a portfolio manager in the U.S. Equity Group where he managed equity portfolios for private clients, endowments and foundations. He has also worked in the Emerging Markets Derivatives Group and attended the J.P. Morgan training program. David holds a B.A. in economics and political science from the State University of New York at Binghamton and an M.B.A. from the Stern School of Business at New York University.

Clare Hart manager for 15 years and 4 months

Photo of Clare Hart Clare A. Hart, managing director, is a portfolio manager in the U.S. Equity Group. An employee since 1999, Clare is the lead portfolio manager of the JPMorgan Equity Income Fund and the JPMorgan Growth & Income Fund.  Prior to joining the team, Clare was with Salomon Smith Barney’s equity research division as a research associate covering Real Estate Investment Trusts. She began her career at Arthur Andersen, working as a public accountant. Clare holds a B.A. in political science from the University of Chicago, an M.S.A. from DePaul University and a C.P.A. granted by the State of Illinois.

Fund Overview

Mid (01/05/2024) 455.30p
Historic yield 2.25%
Fund size (31/12/2023) £3656.88m
Number of holdings 562
Entry Charge 0.00%
Ongoing Charges 0.77%
Launch date 15/01/2009

Asset Allocation

pie chart
  International Equities 97.88%
  Property 1.89%
  Money Market 0.23%
  Alternative Trading Strategies 0.06%
  Cash and Equivalents -0.06%
Portfolio data accurate as at: 31/12/23

Important Information

Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Portfolio data accurate as at:

Asset Allocation

pie chart
  International Equities 97.88%
  Property 1.89%
  Money Market 0.23%
  Alternative Trading Strategies 0.06%
  Cash and Equivalents -0.06%

Equity Sector Breakdown

Expand allCollapse all
Industry Supersector Sector Subsector
 
Financials 20.98% - - -
 
Financial Services - 7.79% - -
 
Investment Banking & Brokerage Services - - 7.79% -
 
Investment Services - - - 5.55%
 
Asset Managers & Custodians - - - 2.24%
 
Banks - 7.71% - -
 
Banks - - 7.71% -
 
Banks - - - 7.71%
 
Insurance - 5.48% - -
 
Non-life Insurance - - 4.40% -
 
Property & Casualty Insurance - - - 2.43%
 
Insurance Brokers - - - 1.27%
 
Full Line Insurance - - - 0.70%
 
Life Insurance - - 1.08% -
 
Life Insurance - - - 1.08%
 
Industrials 15.71% - - -
 
Industrial Goods & Services - 15.71% - -
 
General Industrials - - 6.09% -
 
Diversified Industrials - - - 4.27%
 
Paints & Coatings - - - 1.82%
 
Industrial Transportation - - 4.43% -
 
Railroads - - - 2.53%
 
Delivery Services - - - 1.90%
 
Industrial Support Services - - 2.45% -
 
Transaction Processing Services - - - 1.87%
 
Professional Business Support Services - - - 0.59%
 
Aerospace & Defence - - 1.64% -
 
Aerospace - - - 1.64%
 
Industrial Engineering - - 1.09% -
 
Machinery: Agricultural - - - 1.09%
 
Health Care 14.74% - - -
 
Health Care - 14.74% - -
 
Pharmaceuticals & Biotechnology - - 7.89% -
 
Pharmaceuticals - - - 7.89%
 
Medical Equipment & Services - - 3.45% -
 
Medical Equipment - - - 2.58%
 
Medical Supplies - - - 0.88%
 
Health Care Providers - - 3.39% -
 
Health Care Management Services - - - 3.39%
 
Consumer Staples 10.06% - - -
 
Food, Beverage & Tobacco - 5.45% - -
 
Tobacco - - 1.94% -
 
Tobacco - - - 1.94%
 
Beverages - - 1.90% -
 
Soft Drinks - - - 1.90%
 
Food Producers - - 1.61% -
 
Food Products - - - 1.61%
 
Personal Care, Drug & Grocery Stores - 4.62% - -
 
Personal Care, Drug & Grocery Stores - - 4.62% -
 
Personal Products - - - 2.03%
 
Drug Retailers - - - 1.61%
 
Food Retailers & Wholesalers - - - 0.97%
 
Technology 9.29% - - -
 
Technology - 9.29% - -
 
Technology Hardware & Equipment - - 6.79% -
 
Semiconductors - - - 4.97%
 
Computer Hardware - - - 0.87%
 
Electronic Components - - - 0.67%
 
Production Technology Equipment - - - 0.28%
 
Software & Computer Services - - 2.50% -
 
Software - - - 1.61%
 
Computer Services - - - 0.89%
 
Energy 8.44% - - -
 
Energy - 8.44% - -
 
Non-Renewable Energy - - 8.44% -
 
Oil: Crude Producers - - - 4.52%
 
Integrated Oil & Gas - - - 3.92%
 
Consumer Discretionary 7.60% - - -
 
Retail - 5.54% - -
 
Retailers - - 5.54% -
 
Home Improvement Retailers - - - 2.14%
 
Apparel Retailers - - - 1.38%
 
Diversified Retailers - - - 1.35%
 
Specialty Retailers - - - 0.66%
 
Travel & Leisure - 2.06% - -
 
Travel & Leisure - - 2.06% -
 
Restaurants & Bars - - - 2.06%
 
Utilities 5.61% - - -
 
Utilities - 5.61% - -
 
Electricity - - 4.75% -
 
Conventional Electricity - - - 4.75%
 
Waste & Disposal Services - - 0.86% -
 
Waste & Disposal Services - - - 0.86%
 
Telecommunications 2.87% - - -
 
Telecommunications - 2.87% - -
 
Telecommunications Service Providers - - 2.87% -
 
Cable Television Services - - - 2.20%
 
Telecommunications Services - - - 0.67%
 
Basic Materials 2.25% - - -
 
Chemicals - 2.25% - -
 
Chemicals - - 2.25% -
 
Specialty Chemicals - - - 2.25%
 
Real Estate 2.21% - - -
 
Real Estate - 2.21% - -
 
Real Estate Investment Trusts - - 2.21% -
 
Industrial REITs - - - 0.93%
 
Residential REITs - - - 0.51%
 
Health Care REITs - - - 0.45%
 
Office REITs - - - 0.32%
 
Cash and Equivalents 0.17% - - -
 
Alternative Trading Strategies 0.06% - - -
 
Alternative Trading Strategies - 0.06% - -
 
Alternative Trading Strategies - - 0.06% -
 
Alternative Trading Strategies - - - 0.06%

Regional Allocation

pie chart
  North America 91.11%
  Developed Europe - Excl UK 6.77%
  Property 1.89%
  Cash and Equivalents 0.17%
  Non-Classified 0.06%

Fixed Interest Currencies

pie chart
  Non-Fixed Interest Assets 100.71%
  US Dollar 0.03%
  Cash -0.73%

Regional Breakdown

Expand allCollapse all
Region Country
 
North America 91.11% -
 
United States - 91.11%
 
Developed Europe - Excl UK 6.77% -
 
Ireland - 3.89%
 
Netherlands - 1.65%
 
Switzerland - 1.23%
 
Property 1.89% -
 
Cash and Equivalents 0.17% -
 
Non-Classified 0.06% -

Breakdown By Market Cap (%)

Mega
 
 
84.00%
Large
 
 
14.55%
Non-Classified
 
 
1.28%
Cash
 
 
0.17%

Top 10 Holdings

Stock % Weight Sector Country
1 CONOCOPHILLIPS 2.96% Non-Renewable Energy United States
2 WELLS FARGO & COMPANY 2.47% Banks United States
3 MORGAN STANLEY 2.34% Investment Banking & Brokerage Services United States
4 AIR PRODUCTS AND CHEMICALS 2.25% Chemicals United States
5 BLACKROCK 2.24% Investment Banking & Brokerage Services United States
6 UNITEDHEALTH GROUP INCORPORATED 2.22% Health Care Providers United States
7 COMCAST CORP(NEW) 2.20% Telecommunications Service Providers United States
8 NORFOLK SOUTHERN CORPORATION 2.12% Industrial Transportation United States
9 BANK OF AMERICA CORP 2.09% Banks United States
10 JOHNSON & JOHNSON 2.00% Pharmaceuticals & Biotechnology United States

Dual Aspect Equity Analysis

UK Equities Int'l Equities UK Bonds Int'l Bonds UK Gilts Property Other Cash & Equiv Total
Technology - 9.29% - - - - - - 9.29%
Telecommunications - 2.87% - - - - - - 2.87%
Financials - 20.98% - - - - - - 20.98%
Real Estate - 0.32% - - - 1.89% - - 2.21%
Consumer Discretionary - 7.60% - - - - - - 7.60%
Consumer Staples - 10.06% - - - - - - 10.06%
Energy - 8.44% - - - - - - 8.44%
Utilities - 5.61% - - - - - - 5.61%
Health Care - 14.74% - - - - - - 14.74%
Industrials - 15.71% - - - - - - 15.71%
Basic Materials - 2.25% - - - - - - 2.25%
Cash and Equivalents - - - - - - - -0.06% -0.06%
Non-Classified - - - - - - 0.06% 0.23% 0.30%

Important Information

The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Identification Codes

Sedol Code B3FJQ59
Mex Code C5UEIT
Isin Code GB00B3FJQ599
Citi Code EBQ7

Fund Charges

Entry Charge 0.00%
Ongoing Charges 0.77%

Aims and Benchmark

Aims To provide a portfolio designed to achieve income by investing primarily in US equities in any economic sector whilst participating in long term capital growth.
Benchmark S&P 500 Total Return Net
Benchmark Category -
IA Sector North America

Fund Background

Valuation frequency Daily
Valuation point 12:00
Fund type ICVC
Launch price £0.50
Fund currency Pound Sterling
Fund domicile United Kingdom
ISA allowable Yes
SIPP allowable Yes

Distribution Details

Income frequency Quarterly
Distribution Type Dividend
Distribution Payment Basis Net

Distribution Dates

Ex dividend date(s) Income payment date(s)
01 November 30 January
01 February 30 April
01 May 31 July
01 August 31 October

Ratings

FE Crown Crown Rating of 3

Effect of Deductions

Assuming a growth rate of 6.00% Assuming a growth rate of 7.00%
- -

Fund Administration

Fund Trustee/Depository The National Westminster Bank plc
Fund Administrator Internal
Fund Registrar Internal
Fund Custodian Internal

Group Details

Group name JPMorgan Asset Management
Group address 60 Victoria Embankment London EC4Y 0JP United Kingdom
Group telephone 0800 727 770
Dealing telephone 0207 742 9909
Email ifaenquiry@jpmorgan.com
Homepage www.jpmorganassetmanagement.com/
Fax number 0207 742 9010

Dealing

Minimum Investment £5000000
Minimum Top Up £100000
Minimum Regular Saving -
Settlement Period: Buy 3 days
Settlement Period: Sell 3 days
Pricing Basis Forward
Dealing Decimals 3

Important Information

Ongoing charges may vary in the future and may be higher than they are now. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.

Important Information

Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your investment can go down as well as up so you might get back less than you put in. This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.