# Product Snapshot - JPMorgan Developed International Value Fund > Audience: country=us, language=en, role=adv. > Generated: 2026-10-16T02:10:08.256785142Z. ## Identity - **Fund Name**: JPMorgan Developed International Value Fund - **Share Class Name**: JPMorgan Developed International Value Fund-R6 - **Product Page**: [Product Page](https://am.jpmorgan.com/us/en/asset-management/adv/products/jpmorgan-developed-international-value-fund-r6-48121l866) - **Ticker Symbol**: JNVMX - **CUSIP**: 48121L866 - **Fund Type**: MUTUAL FUND - **Asset Class**: International Equity ## Overview ### Designed to provide long-term capital appreciation through a portfolio of foreign equity securities. Invests in stocks of foreign developed countries across all market capitalizations~~Leverages capabilities across our experienced and well-resourced team of in-house quantitative and fundamental research analysts~~Seeks to deliver a style-pure portfolio by finding companies with attractive valuations that are fundamentally sound ## Fund Facts - **Ticker**: JNVMX - **CUSIP**: 48121L866 - **Share Class Number**: 2144 - **Asset Class**: International Equity - **Fund Inception Date**: 11/04/1993 - **Share Class Inception Date**: 11/30/2010 - **ESG Approach**: Integrated [Disclosure 1] ## Fund Stats - **NAV As of 10/15/2026**: $23.04 - **NAV Change ($) As of 10/15/2026**: $0.18 - **NAV Change (%) As of 10/15/2026**: 0.79% - **Fund Assets As of 10/15/2026**: $4.25bn - **Number of Holdings As of 09/30/2026**: 256 - **YTD As of 10/15/2026**: 14.00% ## Fees & Charges ### Fees - **Gross Expenses**: 0.71% - **Net Expenses**: 0.55% [Disclosure 2] ## Investment Terms ### Minimum Investments #### IRA - **Minimum Investment**: $15 Mn - **Subsequent Investment**: No Minimum #### Regular - **Minimum Investment**: $15 Mn - **Subsequent Investment**: No Minimum ## Portfolio Managers ### Thomas Buckingham - **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/thomas-buckingham/) - **In the industry**: 19 years - **With J.P. Morgan**: 19 years - **Managing this fund**: 8 years ### Ian Butler - **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/ian-butler/) - **In the industry**: 21 years - **With J.P. Morgan**: 21 years - **Managing this fund**: 8 years ### Kyle Williams - **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/kyle-williams/) - **In the industry**: 15 years - **With J.P. Morgan**: 15 years - **Managing this fund**: 8 years ### Michael Barakos - **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/michael-barakos/) - **In the industry**: 27 years - **With J.P. Morgan**: 27 years - **Managing this fund**: 8 years ## Ratings ### Morningstar Overview Ratings - **Category: **: Foreign Large Value - **As of **: 09/30/2026 - **Overall**: 5 of 5 stars - **Funds in Category**: 326 Funds in Category - **3 Year**: 5 of 5 stars - **Funds in Category**: 326 Funds in Category - **5 Year**: 5 of 5 stars - **Funds in Category**: 313 Funds in Category - **10 Year**: 4 of 5 stars - **Funds in Category**: 245 Funds in Category [Disclosure 3] ### Morningstar Overview Ranking - **Category: **: Foreign Large Value - **As of **: 09/30/2026 - **1 Year**: Rank 80 - **Funds in Category**: 355 Funds in Category - **Group Percentile**: 29% - **3 Year**: Rank 21 - **Funds in Category**: 326 Funds in Category - **Group Percentile**: 7% - **5 Year**: Rank 9 - **Funds in Category**: 313 Funds in Category - **Group Percentile**: 3% - **10 Year**: Rank 28 - **Funds in Category**: 245 Funds in Category - **Group Percentile**: 16% [Disclosure 4] ### Morningstar Summary Rating - **Category: **: Foreign Large Value - **As of **: 09/30/2026 - **Overall**: 5 of 5 stars - **Funds in Category**: 326 Funds in Category [Disclosure 5] ### Morningstar Medalist Rating - **Morningstar Medalist Rating™**: Gold - **As of **: 08/31/2026 - **Category: **: Foreign Large Value - **Analyst-Driven %: **: 10 - **Data Coverage %: **: 100 [Disclosure 6] ### Lipper Rankings: International Multi-Cap Value - **As of**: 09/30/2026 - **1 Year**: Rank 40 - **Funds in Category**: 200 Funds in Category - **Group Percentile**: 20% - **3 Year**: Rank 7 - **Funds in Category**: 186 Funds in Category - **Group Percentile**: 4% - **5 Year**: Rank 1 - **Funds in Category**: 172 Funds in Category - **Group Percentile**: 1% - **10 Year**: Rank 3 - **Funds in Category**: 129 Funds in Category - **Group Percentile**: 3% [Disclosure 7] ## Portfolio ### Portfolio Stats - **Number of Holdings** (As of 09/30/2026): 256 - **Fund Assets** (As of 09/30/2026): $4.18bn - **Turnover Ratio (Trailing 12 month) (10/31/2025)**: 29.00% - **Wtd. Avg. Market Cap**: $87.17bn - **Median Market Cap**: $14.09bn - **P/B Ratio**: 1.46 [Disclosure 8] - **P/E Ratio (1 yr. forecast)**: 10.77 [Disclosure 9] - **P/E Ratio (1 yr. trailing)**: 11.85 [Disclosure 10] ### Top 10 Holdings _As of 09/30/2026_ | Holding | Weight | | --- | ---: | | Shell plc | 2.6% | | HSBC Holdings plc | 2.5% | | Nestle SA (Registered) | 2.2% | | Roche Holding AG | 1.9% | | Allianz SE (Registered) | 1.8% | | Mitsubishi UFJ Financial Group, Inc. | 1.7% | | TotalEnergies SE | 1.7% | | Banco Bilbao Vizcaya Argentaria SA | 1.6% | | Novartis AG (Registered) | 1.6% | | UniCredit SpA | 1.3% | | Total of top 10 | 18.9% | [Disclosure 11] ### Sector Breakdown _As of 09/30/2026_ | Sector | Fund | Index | | --- | ---: | ---: | | Communication Services | 3.9% | 3.9% | | Consumer Discretionary | 5.1% | 6.0% | | Consumer Staples | 6.7% | 8.9% | | Energy | 9.7% | 7.2% | | Financials | 38.1% | 40.2% | | Health Care | 6.5% | 7.4% | | Industrials | 10.2% | 9.5% | | Information Technology | 1.6% | 2.7% | | Materials | 4.8% | 6.1% | | Real Estate | 3.5% | 2.4% | | Short-Term Investments | 6.3% | 0.0% | | Utilities | 3.5% | 5.6% | [Disclosure 12] ### Risk Measures _As of 09/30/2026_ | Risk Measures | Risk Measures | | --- | ---: | | Alpha | 0.37 | | Beta | 0.94 | | Sharpe Ratio | 1.64 | | Standard Deviation | 12.37 | | Tracking Error | 3.57 | | R-squared | 92.00 | [Disclosure 13] ### Country Breakdown _As of 09/30/2026_ | Country | Country Breakdown | | --- | ---: | | Japan | 20.9% | | United Kingdom | 11.0% | | France | 9.2% | | United States | 8.9% | | Germany | 8.0% | | Italy | 5.8% | | Switzerland | 4.1% | | Spain | 4.0% | | Other | 22.0% | | Short-Term Investments | 6.3% | [Disclosure 12] ## Documents - [Factsheet: JPMorgan Developed International Value Fund (R6)](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fact-sheet/international-equity/FS-DINTV-R6.PDF) - [Supplemental Data Sheet - Developed International Value Fund (Monthly)](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/supplemental/mfdp/MFDP-DINTV-1.pdf) - [Summary Prospectus](https://am.jpmorgan.com/JPMorgan/TVT/48121L866/SP?site=JPMorganv3) - [Prospectus](https://am.jpmorgan.com/JPMorgan/TVT/48121L866/P?site=JPMorganv3) - [Annual Report to Shareholders](https://am.jpmorgan.com/JPMorgan/TVT/48121L866/AR?site=JPMorganv3) - [Annual Financial Statements and Other Information](https://am.jpmorgan.com/JPMorgan/TVT/48121L866/NCSR?site=JPMorganv3) - [Semi-Annual Report to Shareholders](https://am.jpmorgan.com/JPMorgan/TVT/48121L866/SAR?site=JPMorganv3) - [Semi-Annual Financial Statements and Other Information](https://am.jpmorgan.com/JPMorgan/TVT/48121L866/NCSRS?site=JPMorganv3) - [First Quarter Holding](https://am.jpmorgan.com/JPMorgan/TVT/48121L866/QH1?site=JPMorganv3) - [Third Quarter Holding](https://am.jpmorgan.com/JPMorgan/TVT/48121L866/QH3?site=JPMorganv3) - [Statement of Additional Information](https://am.jpmorgan.com/JPMorgan/TVT/48121L866/S?site=JPMorganv3) - [Annual Report Of Proxy Voting](https://am.jpmorgan.com/JPMorgan/TVT/48121L866/NPX?site=JPMorganv3) ## Disclosures 1. This Fund considers financially material environmental, social and governance ("ESG") factors as part of the Fund's investment process. In actively managed assets deemed by J.P. Morgan Asset Management to be ESG integrated under our governance process, we systematically assess financially material ESG factors amongst other factors in our investment decisions with the goals of managing risk and improving long-term returns. ESG integration does not change a strategy's investment objective, exclude specific types of companies or constrain a strategy's investable universe. 2. The Fund's adviser and/or its affiliates have contractually agreed to waive fees and/or reimburse expenses to the extent Total Annual Fund Operating Expenses (excluding acquired fund fees and expenses, dividend and interest expenses related to short sales, interest, taxes, expenses related to litigation and potential litigation and extraordinary expenses) exceed 0.550% of the average daily net assets. The Fund may invest in one or more money market funds advised by the adviser or its affiliates (affiliated money market funds). The Fund's adviser has contractually agreed to waive fees and/or reimburse expenses in an amount sufficient to offset the fees and expenses of the affiliated money market funds incurred by the Fund because of the Fund's investment in such money market funds. These waivers are in effect through 2/28/2027, at which time the adviser will determine whether to renew or revise it. The difference between net and gross fees includes all applicable fee waivers and expense reimbursements. 3. Overall Morningstar RatingTM for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. 4. The ranking information is provided by Morningstar. Past performance is no guarantee of future results. Rankings are calculated based upon the total returns of multiple share classes within their respective Morningstar category. Different share classes may have different rankings. 5. Morningstar overall rating 5 stars, Class R6; Foreign Large Value Category; 326 funds. Three-year rating 5 stars; 326 funds. Five-year rating 5 stars; 313 funds. Ten-year rating 4 stars; 245 funds. Ratings reflect risk-adjusted performance. Overall Morningstar RatingTM for a fund is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. 6. The Morningstar Medalist RatingTM is a summary expression of Morningstar's forward-looking analysis of investment strategies using a rating scale of Gold, Silver, Bronze, Neutral and Negative. Medalist Ratings indicate which investments Morningstar believes are likely to outperform a relevant index or peer group average on a risk-adjusted basis over time. Products are evaluated on three key pillars (People, Parent, and Process) which, when coupled with fees, forms the basis for Morningstar's conviction in those products' investment merits and determines the Medalist Rating assigned. Products are sorted by expected performance into rating groups defined by their Morningstar Category and their active or passive status. Analyst-covered products are assigned the three pillar ratings based on the analyst's qualitative assessment, subject to the Analyst Rating Committee's oversight, monitored and reevaluated at least every 14 months. Ratings are assigned monthly for vehicles covered either indirectly by analysts or by algorithm. For more detailed information including methodology, please go to global.morningstar.com/managerdisclosures.Ratings and rankings should not be used as the sole basis in evaluating an investment product and should not be considered an offer or solicitation to buy or sell the investment product.©2026Morningstar Inc. All rights reserved. Morningstar information is proprietary to Morningstar and/or its content providers, may not be copied or distributed and is not warranted to be accurate, complete or timely. 7. The ranking information is provided by Lipper Analytical Services. Past performance is no guarantee of future results. Rankings are calculated based upon the total returns of multiple share classes within their respective Lipper category. Different share classes may have different rankings. 8. P/B ratio is the relationship between a stock's price and the book value of that stock. 9. The number by which earnings per share is multiplied to estimate a stock's value based on the forecasted earnings for the next 12 months. 10. The number by which earnings per share is multiplied to estimate a stock's value based on the actual earnings over the last 12 months. 11. The top 10 holdings listed exclude cash and money markets. Holdings are subject to change. The holdings listed should not be considered recommendations to purchase or sell a particular security. Each individual security is calculated as a percentage of the aggregate market value of the securities held in the Fund and does not include the use of derivative positions, where applicable. 12. Due to rounding, values may not total 100%. 13. All risk measures are based on a 3 year time period. Risk measures are calculated based upon the broad-based index as stated in the prospectus.