# Product Snapshot - JPMorgan Europe Dynamic Fund > Audience: country=us, language=en, role=adv. > Generated: 2026-10-25T04:03:59.699025272Z. ## Identity - **Fund Name**: JPMorgan Europe Dynamic Fund - **Share Class Name**: JPMorgan Europe Dynamic Fund-R6 - **Product Page**: [Product Page](https://am.jpmorgan.com/us/en/asset-management/adv/products/jpmorgan-europe-dynamic-fund-r6-48129c843) - **Ticker Symbol**: VEUVX - **CUSIP**: 48129C843 - **Fund Type**: MUTUAL FUND - **Asset Class**: International Equity ## Overview ### Designed to deliver total return primarily through a portfolio of Western European stocks. Invests primarily in companies in Western Europe, and to a certain extent, emerging Europe~~Seeks to invest in a wide range of industries and companies of varying sizes, across multiple Western European countries~~Utilizes a bottom-up stock selection process focusing on attractively valued, quality businesses with improving fundamentals ## Fund Facts - **Ticker**: VEUVX - **CUSIP**: 48129C843 - **Share Class Number**: 2788 - **Asset Class**: International Equity - **Fund Inception Date**: 11/02/1995 - **Share Class Inception Date**: 10/01/2018 - **ESG Approach**: Integrated [Disclosure 1] ## Fund Stats - **NAV As of 10/23/2026**: $43.00 - **NAV Change ($) As of 10/23/2026**: $-0.57 - **NAV Change (%) As of 10/23/2026**: -1.31% - **Fund Assets As of 10/23/2026**: $675.54mn - **Number of Holdings As of 09/30/2026**: 71 - **YTD As of 10/23/2026**: 3.19% ## Fees & Charges ### Fees - **Gross Expenses**: 0.75% - **Net Expenses**: 0.55% ## Investment Terms ### Minimum Investments #### IRA - **Minimum Investment**: $15 Mn - **Subsequent Investment**: No Minimum #### Regular - **Minimum Investment**: $15 Mn - **Subsequent Investment**: No Minimum ## Portfolio Managers ### Jonathan James Ingram - **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/jonathan-james-ingram/) - **In the industry**: 26 years - **With J.P. Morgan**: 26 years - **Managing this fund**: 19 years ### Blake Crawford - **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/blake-crawford/) - **In the industry**: 18 years - **With J.P. Morgan**: 18 years - **Managing this fund**: 7 years ### Alex Whyte - **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/alex-whyte/) - **In the industry**: 13 years - **With J.P. Morgan**: 13 years - **Managing this fund**: 3 years ## Ratings ### Morningstar Overview Ratings - **Category: **: Europe Stock - **As of **: 09/30/2026 - **Overall**: 4 of 5 stars - **Funds in Category**: 61 Funds in Category - **3 Year**: 4 of 5 stars - **Funds in Category**: 61 Funds in Category - **5 Year**: 4 of 5 stars - **Funds in Category**: 61 Funds in Category - **10 Year**: - - **Funds in Category**: - [Disclosure 2] ### Morningstar Overview Ranking - **Category: **: Europe Stock - **As of **: 09/30/2026 - **1 Year**: Rank 19 - **Funds in Category**: 61 Funds in Category - **Group Percentile**: 45% - **3 Year**: Rank 9 - **Funds in Category**: 61 Funds in Category - **Group Percentile**: 15% - **5 Year**: Rank 15 - **Funds in Category**: 61 Funds in Category - **Group Percentile**: 30% - **10 Year**: - - **Funds in Category**: - - **Group Percentile**: - [Disclosure 3] ### Morningstar Summary Rating - **Category: **: Europe Stock - **As of **: 09/30/2026 - **Overall**: 4 of 5 stars - **Funds in Category**: 61 Funds in Category [Disclosure 4] ### Morningstar Medalist Rating - **Morningstar Medalist Rating™**: Silver - **As of **: 07/22/2026 - **Category: **: Europe Stock - **Analyst-Driven %: **: 100 - **Data Coverage %: **: 100 [Disclosure 5] ### Lipper Rankings: European Region Funds - **As of**: 09/30/2026 - **1 Year**: Rank 26 - **Funds in Category**: 77 Funds in Category - **Group Percentile**: 34% - **3 Year**: Rank 14 - **Funds in Category**: 76 Funds in Category - **Group Percentile**: 19% - **5 Year**: Rank 19 - **Funds in Category**: 76 Funds in Category - **Group Percentile**: 25% - **10 Year**: - - **Funds in Category**: - - **Group Percentile**: - [Disclosure 6] ## Portfolio ### Portfolio Stats - **Number of Holdings** (As of 09/30/2026): 71 - **Fund Assets** (As of 09/30/2026): $697.92mn - **Turnover Ratio (Trailing 12 month) (10/31/2025)**: 102.00% - **Wtd. Avg. Market Cap**: $119.87bn - **Median Market Cap**: $20.99bn - **P/B Ratio**: 2.58 [Disclosure 7] - **P/E Ratio (1 yr. forecast)**: 14.77 [Disclosure 8] - **P/E Ratio (1 yr. trailing)**: 16.88 [Disclosure 9] ### Top 10 Holdings _As of 09/30/2026_ | Holding | Weight | | --- | ---: | | ASML Holding NV | 5.4% | | Banco Santander SA | 3.1% | | Shell plc | 3.0% | | Nestle SA (Registered) | 2.9% | | Roche Holding AG | 2.8% | | Allianz SE (Registered) | 2.7% | | Engie SA | 2.7% | | ING Groep NV | 2.4% | | Safran SA | 2.3% | | Rolls-Royce Holdings plc | 2.1% | | Total of top 10 | 29.4% | [Disclosure 10] ### Sector Breakdown _As of 09/30/2026_ | Sector | Fund | Index | | --- | ---: | ---: | | Communication Services | 0.7% | 3.1% | | Consumer Discretionary | 7.1% | 6.0% | | Consumer Staples | 7.4% | 8.2% | | Energy | 4.7% | 5.4% | | Financials | 24.6% | 25.5% | | Health Care | 10.1% | 12.7% | | Industrials | 16.1% | 18.6% | | Information Technology | 12.9% | 9.7% | | Materials | 5.8% | 5.4% | | Real Estate | 0.0% | 0.5% | | Short-Term Investments | 3.4% | 0.0% | | Utilities | 7.3% | 4.8% | [Disclosure 11] ### Risk Measures _As of 09/30/2026_ | Risk Measures | Risk Measures | | --- | ---: | | Alpha | 0.33 | | Beta | 0.96 | | Sharpe Ratio | 1.16 | | Standard Deviation | 13.63 | | Tracking Error | 4.51 | | R-squared | 89.00 | [Disclosure 12] ### Country Breakdown _As of 09/30/2026_ | Country | Country Breakdown | | --- | ---: | | United Kingdom | 21.5% | | Netherlands | 14.5% | | Germany | 13.3% | | France | 10.5% | | United States | 8.8% | | Switzerland | 6.0% | | Spain | 5.5% | | Italy | 4.8% | | Denmark | 4.2% | | Other | 10.9% | [Disclosure 11] ## Documents - [Factsheet: JPMorgan Europe Dynamic Fund (R6)](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fact-sheet/international-equity/FS-ED-R6.PDF) - [Supplemental Data Sheet - Europe Dynamic Fund (Quarterly)](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/supplemental/mfdp/MFDP-ED-1.pdf) - [Summary Prospectus](https://am.jpmorgan.com/JPMorgan/TVT/48129C843/SP?site=JPMorganv3) - [Prospectus](https://am.jpmorgan.com/JPMorgan/TVT/48129C843/P?site=JPMorganv3) - [Annual Report to Shareholders](https://am.jpmorgan.com/JPMorgan/TVT/48129C843/AR?site=JPMorganv3) - [Annual Financial Statements and Other Information](https://am.jpmorgan.com/JPMorgan/TVT/48129C843/NCSR?site=JPMorganv3) - [Semi-Annual Report to Shareholders](https://am.jpmorgan.com/JPMorgan/TVT/48129C843/SAR?site=JPMorganv3) - [Semi-Annual Financial Statements and Other Information](https://am.jpmorgan.com/JPMorgan/TVT/48129C843/NCSRS?site=JPMorganv3) - [First Quarter Holding](https://am.jpmorgan.com/JPMorgan/TVT/48129C843/QH1?site=JPMorganv3) - [Third Quarter Holding](https://am.jpmorgan.com/JPMorgan/TVT/48129C843/QH3?site=JPMorganv3) - [Statement of Additional Information](https://am.jpmorgan.com/JPMorgan/TVT/48129C843/S?site=JPMorganv3) - [Annual Report Of Proxy Voting](https://am.jpmorgan.com/JPMorgan/TVT/48129C843/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. 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. 3. 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. 4. Morningstar overall rating 4 stars, Class R6; Europe Stock Category; 61 funds. Three-year rating 4 stars; 61 funds. Five-year rating 4 stars; 61 funds. Ten-year period not yet rated. 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. 5. 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. 6. 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. 7. P/B ratio is the relationship between a stock's price and the book value of that stock. 8. 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. 9. 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. 10. 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. 11. Due to rounding, values may not total 100%. 12. 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.