# Product Snapshot - JPMorgan Large Cap Value Fund

> Audience: country=us, language=en, role=adv.
> Generated: 2026-10-24T12:31:07.072394614Z.

## Identity

- **Fund Name**: JPMorgan Large Cap Value Fund
- **Share Class Name**: JPMorgan Large Cap Value Fund-R5
- **Product Page**: [Product Page](https://am.jpmorgan.com/us/en/asset-management/adv/products/jpmorgan-large-cap-value-fund-r5-4812c2593)
- **Ticker Symbol**: JLVRX
- **CUSIP**: 4812C2593
- **Fund Type**: MUTUAL FUND
- **Asset Class**: U.S. Equity

## Overview

### Designed to provide capital appreciation primarily through a portfolio of U.S. large cap value stocks.

Employs fundamental analysis to identify companies with underappreciated long-term growth potential and attractive valuations~~Research-driven approach focuses on identifying the most undervalued securities in each sector~~Looks for attractive valuations as well as catalysts for stock price increases, higher potential reward versus risk, and temporary mispricing caused by market overreactions



## Fund Facts

- **Ticker**: JLVRX
- **CUSIP**: 4812C2593
- **Share Class Number**: 3222
- **Asset Class**: U.S. Equity
- **Fund Inception Date**: 03/01/1991
- **Share Class Inception Date**: 05/15/2006
- **ESG Approach**: Integrated [Disclosure 1]

## Fund Stats

- **NAV  As of 10/23/2026**: $24.20
- **NAV Change ($) As of 10/23/2026**: $-0.14
- **NAV Change (%) As of 10/23/2026**: -0.58%
- **Fund Assets As of 10/23/2026**: $4.94bn
- **Number of Holdings As of 09/30/2026**: 101
- **YTD  As of 10/23/2026**: 14.06%

## Fees & Charges

### Fees

- **Gross Expenses**: 0.60%
- **Net Expenses**: 0.54%
 [Disclosure 2]

## Portfolio Managers

### Scott Blasdell

- **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/scott-blasdell/)
- **In the industry**: 32 years
- **With J.P. Morgan**: 27 years
- **Managing this fund**: 13 years

### John Piccard

- **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/john-piccard/)
- **In the industry**: 34 years
- **With J.P. Morgan**: 12 years
- **Managing this fund**: 2 years

## Ratings

### Morningstar Overview Ratings

- **Category: **: Large Value
- **As of **: 09/30/2026
- **Overall**: 3 of 5 stars
- **Funds in Category**: 1055 Funds in Category
- **3 Year**: 3 of 5 stars
- **Funds in Category**: 1055 Funds in Category
- **5 Year**: 3 of 5 stars
- **Funds in Category**: 994 Funds in Category
- **10 Year**: 3 of 5 stars
- **Funds in Category**: 842 Funds in Category
 [Disclosure 3]

### Morningstar Overview Ranking

- **Category: **: Large Value
- **As of **: 09/30/2026
- **1 Year**: Rank 640
- **Funds in Category**: 1117 Funds in Category
- **Group Percentile**: 60%
- **3 Year**: Rank 487
- **Funds in Category**: 1055 Funds in Category
- **Group Percentile**: 48%
- **5 Year**: Rank 300
- **Funds in Category**: 994 Funds in Category
- **Group Percentile**: 35%
- **10 Year**: Rank 122
- **Funds in Category**: 842 Funds in Category
- **Group Percentile**: 17%
 [Disclosure 4]

### Morningstar Medalist Rating

- **Morningstar Medalist Rating™**: Silver
- **As of **: 09/04/2026
- **Category: **: Large Value
- **Analyst-Driven %: **: 100
- **Data Coverage %: **: 100
 [Disclosure 5]

### Lipper Rankings: Multi-Cap Value Funds

- **As of**: 09/30/2026
- **1 Year**: Rank 412
- **Funds in Category**: 640 Funds in Category
- **Group Percentile**: 65%
- **3 Year**: Rank 288
- **Funds in Category**: 609 Funds in Category
- **Group Percentile**: 48%
- **5 Year**: Rank 189
- **Funds in Category**: 575 Funds in Category
- **Group Percentile**: 33%
- **10 Year**: Rank 66
- **Funds in Category**: 468 Funds in Category
- **Group Percentile**: 15%
 [Disclosure 6]

## Portfolio

### Portfolio Stats

- **Number of Holdings** (As of 09/30/2026): 101
- **Fund Assets** (As of 09/30/2026): $4.82bn
- **Turnover Ratio (Trailing 12 month) (6/30/2025)**: 184.73%
- **Wtd. Avg. Market Cap**: $857.13bn
- **Median Market Cap**: $59.89bn
- **P/B Ratio**: 2.80 [Disclosure 7]
- **P/E Ratio (1 yr. forecast)**: 15.42 [Disclosure 8]
- **P/E Ratio (1 yr. trailing)**: 21.66 [Disclosure 9]


### Top 10 Holdings

_As of 09/30/2026_

| Holding | Weight |
| --- | ---: |
| Amazon.com, Inc. | 9.0% |
| Microsoft Corp. | 6.5% |
| Apple, Inc. | 2.7% |
| Bank of America Corp. | 2.5% |
| Wells Fargo & Co. | 2.1% |
| Charles Schwab Corp. (The) | 2.0% |
| Meta Platforms, Inc., Class A | 1.9% |
| AbbVie, Inc. | 1.7% |
| ConocoPhillips | 1.7% |
| Timken Co. (The) | 1.7% |
| Total of top 10 | 31.8% |
 [Disclosure 10]

### Sector Breakdown

_As of 09/30/2026_

| Sector | Fund | Index |
| --- | ---: | ---: |
| Communication Services | 5.5% | 3.4% |
| Consumer Discretionary | 12.6% | 10.2% |
| Consumer Staples | 2.3% | 7.3% |
| Energy | 5.8% | 6.2% |
| Financials | 16.0% | 18.3% |
| Health Care | 13.9% | 13.3% |
| Industrials | 9.4% | 10.5% |
| Information Technology | 20.6% | 20.6% |
| Materials | 3.5% | 3.4% |
| Real Estate | 3.7% | 3.4% |
| Short-Term Investments | 2.4% | 0.0% |
| Utilities | 4.2% | 3.4% |
 [Disclosure 11]

### Risk Measures

_As of 09/30/2026_

| Risk Measures | Risk Measures |
| --- | ---: |
| Alpha | -0.15 |
| Beta | 1.02 |
| Sharpe Ratio | 1.01 |
| Standard Deviation | 12.97 |
| Tracking Error | 3.38 |
| R-squared | 93.00 |
 [Disclosure 12]

### Top 5 Quarterly Contributors

_As of 08/31/2026_

| Holding | Top 5 Quarterly Contributors |
| --- | ---: |
| ServiceNow, Inc. | 0.42% |
| Intel Corp. | 0.35% |
| HubSpot, Inc. | 0.30% |
| AT&T, Inc. | 0.25% |
| Booz Allen Hamilton Holding Corp., Class A | 0.21% |


### Top 5 Quarterly Detractors

_As of 08/31/2026_

| Holding | Top 5 Quarterly Detractors |
| --- | ---: |
| NXP Semiconductors NV | -0.84% |
| Corning, Inc. | -0.36% |
| Albemarle Corp. | -0.32% |
| Chemours Co. (The) | -0.25% |
| Western Digital Corp. | -0.24% |


## Documents

- [Factsheet: JPMorgan Large Cap Value Fund (R5)](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fact-sheet/us-equity/FS-LCV-R5.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 Value Fund (Quarterly)](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/supplemental/mfdp/MFDP-LCV-1.pdf)
- [Supplemental Data Sheet - Large Cap Value Fund (Monthly)](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/supplemental/mfdp/MFDP-LCV-2.PDF)
- [Summary Prospectus](https://am.jpmorgan.com/JPMorgan/TVT/4812C2593/SP?site=JPMorganv3)
- [Prospectus](https://am.jpmorgan.com/JPMorgan/TVT/4812C2593/P?site=JPMorganv3)
- [Annual Report to Shareholders](https://am.jpmorgan.com/JPMorgan/TVT/4812C2593/AR?site=JPMorganv3)
- [Annual Financial Statements and Other Information](https://am.jpmorgan.com/JPMorgan/TVT/4812C2593/NCSR?site=JPMorganv3)
- [Semi-Annual Report to Shareholders](https://am.jpmorgan.com/JPMorgan/TVT/4812C2593/SAR?site=JPMorganv3)
- [Semi-Annual Financial Statements and Other Information](https://am.jpmorgan.com/JPMorgan/TVT/4812C2593/NCSRS?site=JPMorganv3)
- [First Quarter Holding](https://am.jpmorgan.com/JPMorgan/TVT/4812C2593/QH1?site=JPMorganv3)
- [Third Quarter Holding](https://am.jpmorgan.com/JPMorgan/TVT/4812C2593/QH3?site=JPMorganv3)
- [Statement of Additional Information](https://am.jpmorgan.com/JPMorgan/TVT/4812C2593/S?site=JPMorganv3)
- [Annual Report Of Proxy Voting](https://am.jpmorgan.com/JPMorgan/TVT/4812C2593/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 0.540% 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 10/31/2026, 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. 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.