# Product Snapshot - JPMorgan Large Cap Value Strategy > Audience: country=us, language=en, role=adv. > Generated: 2026-11-04T13:32:37.539878330Z. ## Identity - **Fund Name**: JPMorgan Large Cap Value Strategy - **Share Class Name**: JPMorgan Large Cap Value Strategy - **Product Page**: [Product Page](https://am.jpmorgan.com/us/en/asset-management/adv/products/jpmorgan-large-cap-value-strategy-0a38a04ae7ef6108e0630100007f27ce) - **Fund Type**: SMA - **Asset Class**: 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 stocks 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 ## Strategy Facts - **Asset Class**: Equity - **Strategy Inception Date**: 04/01/2000 ## Strategy Stats - **Number of Holdings**: 105 ## 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 ### 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 ## Performance ### Quarterly _As of 09/30/2026_ | Return | 3 Months | YTD | 1 Year | 3 Years | 5 Years | 10 Years | Since inception\* | | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Strategy Gross of Fees | 0.64% | 10.44% | 15.57% | 18.90% | 12.83% | 13.43% | 9.83% | | Strategy Net of Fees | -0.11% | 8.01% | 12.19% | 15.43% | 9.52% | 10.10% | 6.60% | | Russell 1000 Value Index | 2.61% | 19.27% | 23.81% | 20.07% | 11.92% | 11.43% | 8.67% | ### Calendar Year _As of 12/31/2025_ | Return | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | | Strategy Gross of Fees | 22.98% | 18.70% | -14.57% | 28.45% | 11.38% | 24.50% | 0.71% | 12.11% | 17.22% | 17.45% | | Strategy Net of Fees | 19.39% | 15.23% | -17.14% | 24.72% | 8.10% | 20.88% | -2.27% | 8.82% | 13.79% | 14.02% | | Russell 1000 Value Index | 17.34% | 13.66% | -8.27% | 26.54% | 2.80% | 25.16% | -7.54% | 11.46% | 14.37% | 15.91% | [Disclosure 1] ## Portfolio ### Portfolio Stats - **Dividend yield** (As of 12/31/2025): PORTFOLIO: 1.3%; INDEX: 1.4% - **Earnings growth (5 year)** (As of 12/31/2025): PORTFOLIO: 9.8%; INDEX: 14.9% - **Market capitalization** (As of 12/31/2025): PORTFOLIO: $360.08bn; INDEX: $465.72bn - **Number of holdings** (As of 12/31/2025): PORTFOLIO: 105; INDEX: 856 - **P/B ratio** (As of 12/31/2025): PORTFOLIO: 2.4x; INDEX: 2.7x [Disclosure 2] - **P/E ratio (1 yr forecast)** (As of 12/31/2025): PORTFOLIO: 15.9x; INDEX: 17.7x [Disclosure 3] - **Return on assets** (As of 12/31/2025): PORTFOLIO: 6.3%; INDEX: 6.9% - **Return on equity** (As of 12/31/2025): PORTFOLIO: 19.7%; INDEX: 18.9% - **Trailing 12 month turnover** (As of 12/31/2025): PORTFOLIO: 17.1%; INDEX: N/A [Disclosure 4] ### Top 10 Holdings _As of 12/31/2025_ | Holding | Weight | | --- | ---: | | Alphabet | 3.9% | | Berkshire Hathaway | 3.2% | | Bank of America | 3.0% | | Wells Fargo | 2.7% | | Humana | 2.5% | | Amazon | 2.1% | | Western Digital | 1.9% | | Micron Technology | 1.8% | | Emerson Electric | 1.7% | | Vertex Pharmaceuticals | 1.6% | [Disclosure 5] ### Sector Breakdown _As of 12/31/2025_ | Sector | Portfolio | Index | | --- | ---: | ---: | | Communication Services | 7.7% | 8.5% | | Consumer Discretionary | 7.8% | 7.4% | | Consumer Staples | 4.0% | 7.2% | | Energy | 3.9% | 5.7% | | Financials | 21.8% | 22.3% | | Health Care | 16.7% | 12.2% | | Industrials | 12.3% | 13.0% | | Information Technology | 12.2% | 11.3% | | Materials | 6.6% | 4.0% | | Real Estate | 2.8% | 4.0% | | Utilities | 4.0% | 4.4% | ### Risk Measures _As of 09/30/2026_ | Risk Measures | Portfolio | Index | | --- | ---: | ---: | | Beta | 1.01 | 1.00 | | Information Ratio | -0.56 | N/A | | Sharpe Ratio | 1.04 | 1.25 | | Standard Deviation | 12.95 | 12.32 | | Tracking Error | 3.40 | N/A | [Disclosure 6] ## Documents - [Factsheet: Large Cap Value Strategy](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/smas/fs-wwlcv-ma.pdf) - [Monthly Holdings: Large Cap Value](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/smas/Large-Cap-Value-Holdings.pdf) ## Disclosures 1. Past performance is not indicative of future returns. Returns will fluctuate and sell prices may be more or less than original cost. Net-of-fees returns are calculated by deducting the maximum managed account fee of 3.00%. Total returns include reinvestment of any income.,Past performance is not indicative of future returns. Returns will fluctuate and sell prices may be more or less than original cost. Net-of-fees returns are calculated by deducting the maximum managed account fee of 3.00%. Total returns include reinvestment of any income. \*Inception date: 4/1/2000 Managed Accounts have fees that reduce their performance: indexes do not. You cannot invest directly in an index. The composite includes all discretionary separately managed accounts invested according to JPMIM's Large Cap Value strategy. The strategy seeks to outperform the Russell 1000 Value Index over a full market cycle, which we define as three to five years. The strategy invests in a portfolio of U.S. large-cap companies whose securities are, in the adviser's opinion, attractively valued when purchased and which have the potential to increase their intrinsic value per share. This strategy employs a three-step process that combines research, valuation and stock selection. The inception date is March 01, 2000. The J.P. Morgan U.S. Value Managed Account Strategy was incepted on August 1, 2022. The performance presented prior to August 2022 is from the institutional U.S. Value Composite, which may reflect investment that cannot be replicated in the U.S. Value Managed Account. 2. P/B ratio is the relationship between a stock's price and the book value of that stock. 3. P/E ratio is the number by which earnings per share is multiplied to estimate a stock's value. 4. Trailing 12-month turnover is a percentage of holdings that are sold in a specific period. 5. The top 10 holdings listed reflect only the Strategy's long- term investments. Short-term investments are excluded. 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 Strategy and does not include the use of derivative positions, where applicable. 6. Based on three-year data points. Risk measures are calculated based upon the broad-based index as stated in the prospectus.