# Product Facts - JPMorgan Large Cap Growth Fund > Audience: country=us, language=en, role=adv. > Generated: 2026-10-02T04:33:03.310976362Z. ## Identity - **Fund Name**: JPMorgan Large Cap Growth Fund - **Share Class Name**: JPMorgan Large Cap Growth Fund-I - **Product Page**: [Product Page](https://am.jpmorgan.com/us/en/asset-management/adv/products/jpmorgan-large-cap-growth-fund-i-4812c0530) - **Ticker**: SEEGX - **CUSIP**: 4812C0530 - **Fund Type**: MUTUAL FUND - **Asset Class**: U.S. Equity - **Fund Inception Date**: 02/28/1992 - **Share Class Inception Date**: 02/28/1992 - **Investment Objective**: The Fund seeks long-term capital appreciation. ## Fund Facts - **Ticker**: SEEGX - **CUSIP**: 4812C0530 - **Share Class Number**: 3118 - **Asset Class**: U.S. Equity - **Fund Inception Date**: 02/28/1992 - **Share Class Inception Date**: 02/28/1992 - **ESG Approach**: Integrated [Disclosure 1] ## Fund Stats - **NAV As of 10/01/2026**: $86.50 - **NAV Change ($) As of 10/01/2026**: $0.10 - **NAV Change (%) As of 10/01/2026**: 0.12% - **Fund Assets As of 10/01/2026**: $112.68bn - **Number of Holdings As of 08/31/2026**: 83 - **YTD As of 10/01/2026**: 5.75% ## Portfolio Managers ### Giri Devulapally - **In the industry**: 34 years - **With J.P. Morgan**: 23 years - **Managing this fund**: 22 years ### Holly Morris - **In the industry**: 22 years - **With J.P. Morgan**: 14 years - **Managing this fund**: 5 years ### Larry Lee - **In the industry**: 33 years - **With J.P. Morgan**: 20 years - **Managing this fund**: 5 years ### Joseph Wilson - **In the industry**: 21 years - **With J.P. Morgan**: 12 years - **Managing this fund**: 5 years ### Robert Maloney - **In the industry**: 26 years - **With J.P. Morgan**: 13 years - **Managing this fund**: 3 years ## Commentary **As of **: 06/30/2026 ### Topline Benchmark Russell 1000 Growth Index Markets The S&P 500 Index® gained 15.20% in the second quarter as sentiment improved on easing Middle East tensions and renewed confidence in the AI investment cycle. Strong earnings and constructive guidance supported markets, while higher capital expenditure ("capex") plans from major technology companies reinforced expectations for durable AI-driven growth. Semiconductors and AI infrastructure tied to data center expansion efforts led markets. Growth outperformed value; the Russell 1000 Growth Index returned 16.74% versus 13.87% for the Russell 1000 Value Index. Helped Stock selection in information technology, specifically positioning within the AI value chain. Communication services also contributed. Hurt Health care was the largest negative offset, followed by energy. Outlook The strategy has been leaning back into technology, notably AI-related bottlenecks such as networking/connectivity, compute/semiconductors, memory and power/electrification, while remaining underweight AI capex spenders. Health care was also reduced but remains a modest overweight. ### Quarter in Review The JPMorgan Large Cap Growth Fund (I Class Shares) outperformed the benchmark, the Russell 1000 Growth Index, for the quarter ended June 30, 2026. An overweight position in Western Digital was a top contributor. The company reported strong results, supported by healthy demand from hyperscale customers, better pricing, and higher revenue per exabyte. Long-term customer agreements also improved demand visibility. An overweight position in Advanced Micro Devices also contributed. AMD reported strong results, driven by AI-related demand across server CPUs and data center GPUs. New customer wins, share gains in server CPUs, and China export approval added upside. We added to our position during the quarter. An overweight position in Insmed was the top detractor. Shares fell sharply after unclear management commentary overshadowed the strong growth of Brinsupri. Clinical setbacks and launch delays added pressure, though its core products can still drive fundamental upside. Given these dynamics, we trimmed our position during the quarter. An overweight position in Exxon Mobil also detracted. Shares underperformed as oil prices deflated from their late-first-quarter peak. Both Exxon Mobil and Brent crude oil peaked near quarter-end on a U.S.-Iran risk premium, then fell as markets anticipated a resolution and normalizing supply. Our thesis on Exxon Mobil's growth and margin expansion remains intact. ### Looking Ahead The strategy has been leaning back into information technology, notably AI-related bottlenecks such as networking/connectivity, compute/semiconductors, memory and power/electrification, while remaining underweight AI capex spenders. While maintaining conviction in select non-technology stocks, we reduced exposure in certain areas to add back to technology for fundamental reasons and to the sector’s increased benchmark weight following the Russell rebalance. Health care was also reduced but remains a modest overweight. ## Documents - [Factsheet: JPMorgan Large Cap Growth Fund (I)](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fact-sheet/us-equity/FS-LCG-I.PDF) - [Fund Story: Large Cap Growth Fund](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fund-story/STO-LCG.pdf) - [Commentary: Large Cap Growth Fund](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/commentary/FC-LCG.PDF) - [Brochure: Diversify your U.S. equity strategy](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/brochure/PI-EQUITY-BLEND.pdf) - [Section 19a Notice - December 2025](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/supplemental/section-19-notices/section-19a-notice-aa-funds-12-2025.pdf) - [Supplemental Data Sheet - Large Cap Growth Fund (Quarterly)](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/supplemental/mfdp/MFDP-LCG-1.pdf) - [Supplemental Data Sheet - Large Cap Growth Fund (Monthly)](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/supplemental/mfdp/MFDP-LCG-2.PDF) - [Summary Prospectus](https://am.jpmorgan.com/JPMorgan/TVT/4812C0530/SP?site=JPMorganv3) - [Prospectus](https://am.jpmorgan.com/JPMorgan/TVT/4812C0530/P?site=JPMorganv3) - [Annual Report to Shareholders](https://am.jpmorgan.com/JPMorgan/TVT/4812C0530/AR?site=JPMorganv3) - [Annual Financial Statements and Other Information](https://am.jpmorgan.com/JPMorgan/TVT/4812C0530/NCSR?site=JPMorganv3) - [Semi-Annual Report to Shareholders](https://am.jpmorgan.com/JPMorgan/TVT/4812C0530/SAR?site=JPMorganv3) - [Semi-Annual Financial Statements and Other Information](https://am.jpmorgan.com/JPMorgan/TVT/4812C0530/NCSRS?site=JPMorganv3) - [First Quarter Holding](https://am.jpmorgan.com/JPMorgan/TVT/4812C0530/QH1?site=JPMorganv3) - [Third Quarter Holding](https://am.jpmorgan.com/JPMorgan/TVT/4812C0530/QH3?site=JPMorganv3) - [Statement of Additional Information](https://am.jpmorgan.com/JPMorgan/TVT/4812C0530/S?site=JPMorganv3) - [Annual Report Of Proxy Voting](https://am.jpmorgan.com/JPMorgan/TVT/4812C0530/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.