# Product Snapshot - JPMorgan Mid Cap Equity Fund > Audience: country=us, language=en, role=adv. > Generated: 2026-10-22T19:20:26.158539848Z. ## Identity - **Fund Name**: JPMorgan Mid Cap Equity Fund - **Share Class Name**: JPMorgan Mid Cap Equity Fund-A - **Product Page**: [Product Page](https://am.jpmorgan.com/us/en/asset-management/adv/products/jpmorgan-mid-cap-equity-fund-a-4812a2660) - **Ticker Symbol**: JCMAX - **CUSIP**: 4812A2660 - **Fund Type**: MUTUAL FUND - **Asset Class**: U.S. Equity ## Overview ### Designed to provide long-term capital growth primarily through a diversified portfolio of U.S. mid-cap equity securities. Invests primarily in a diversified portfolio of mid cap companies with above-average growth prospects or sustainable free cash flow generation~~Looks for companies with leading competitive positions, durable business models and management that can achieve sustained growth~~Invests in mid cap stocks with market capitalizations similar to the Russell Midcap Index ## Fund Facts - **Ticker**: JCMAX - **CUSIP**: 4812A2660 - **Share Class Number**: 2107 - **Asset Class**: U.S. Equity - **Fund Inception Date**: 01/01/1997 - **Share Class Inception Date**: 11/02/2009 - **ESG Approach**: Integrated [Disclosure 1] ## Fund Stats - **NAV As of 10/21/2026**: $67.01 - **NAV Change ($) As of 10/21/2026**: $0.24 - **NAV Change (%) As of 10/21/2026**: 0.36% - **Fund Assets As of 10/21/2026**: $5.93bn - **Number of Holdings As of 09/30/2026**: 216 - **YTD As of 10/21/2026**: 8.48% - **YTD (Total Return w/Load) As of 10/21/2026**: 2.79% ## Fees & Charges ### Fees - **Gross Expenses**: 1.22% - **Net Expenses**: 1.09% [Disclosure 2] ## Investment Terms ### Minimum Investments #### IRA - **Minimum Investment**: $1,000 - **Subsequent Investment**: $50 #### Regular - **Minimum Investment**: $1,000 - **Subsequent Investment**: $50 ## Portfolio Managers ### Felise Agranoff - **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/felise-agranoff/) - **In the industry**: 22 years - **With J.P. Morgan**: 22 years - **Managing this fund**: 5 years ### Lawrence Playford - **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/lawrence-playford/) - **In the industry**: 33 years - **With J.P. Morgan**: 33 years - **Managing this fund**: 5 years ### Michael Stein - **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/michael-stein/) - **In the industry**: 19 years - **With J.P. Morgan**: 12 years - **Managing this fund**: 1 year ### Ryan Jones - **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/ryan-jones/) - **In the industry**: 20 years - **With J.P. Morgan**: 10 years - **Managing this fund**: 2 years ### Jeremy Miller - **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/jeremy-miller/) - **In the industry**: 26 years - **With J.P. Morgan**: 10 years - **Managing this fund**: 2 years ## Ratings ### Morningstar Overview Ratings - **Category: **: Mid-Cap Blend - **As of **: 09/30/2026 - **Overall**: 3 of 5 stars - **Funds in Category**: 366 Funds in Category - **3 Year**: 2 of 5 stars - **Funds in Category**: 366 Funds in Category - **5 Year**: 2 of 5 stars - **Funds in Category**: 349 Funds in Category - **10 Year**: 3 of 5 stars - **Funds in Category**: 277 Funds in Category [Disclosure 3] ### Morningstar Overview Ranking - **Category: **: Mid-Cap Blend - **As of **: 09/30/2026 - **1 Year**: Rank 340 - **Funds in Category**: 418 Funds in Category - **Group Percentile**: 83% - **3 Year**: Rank 265 - **Funds in Category**: 366 Funds in Category - **Group Percentile**: 76% - **5 Year**: Rank 281 - **Funds in Category**: 349 Funds in Category - **Group Percentile**: 86% - **10 Year**: Rank 112 - **Funds in Category**: 277 Funds in Category - **Group Percentile**: 48% [Disclosure 4] ### Lipper Rankings: Mid-Cap Core Funds - **As of**: 09/30/2026 - **1 Year**: Rank 300 - **Funds in Category**: 353 Funds in Category - **Group Percentile**: 85% - **3 Year**: Rank 240 - **Funds in Category**: 326 Funds in Category - **Group Percentile**: 74% - **5 Year**: Rank 280 - **Funds in Category**: 312 Funds in Category - **Group Percentile**: 90% - **10 Year**: Rank 99 - **Funds in Category**: 269 Funds in Category - **Group Percentile**: 37% [Disclosure 5] ## Portfolio ### Portfolio Stats - **Number of Holdings** (As of 09/30/2026): 216 - **Fund Assets** (As of 09/30/2026): $5.76bn - **Turnover Ratio (Trailing 12 month) (6/30/2025)**: 61.19% - **Wtd. Avg. Market Cap**: $35.59bn - **Median Market Cap**: $25.35bn - **P/B Ratio**: 3.05 [Disclosure 6] - **P/E Ratio (1 yr. forecast)**: 14.81 [Disclosure 7] - **P/E Ratio (1 yr. trailing)**: 21.45 [Disclosure 8] ### Top 10 Holdings _As of 09/30/2026_ | Holding | Weight | | --- | ---: | | IQVIA Holdings, Inc. | 1.5% | | Ameriprise Financial, Inc. | 1.4% | | Cencora, Inc. | 1.4% | | GE HealthCare Technologies, Inc. | 1.2% | | M&T Bank Corp. | 1.2% | | Marathon Petroleum Corp. | 1.2% | | Omnicom Group, Inc. | 1.2% | | AMETEK, Inc. | 1.1% | | Quest Diagnostics, Inc. | 1.1% | | Snowflake, Inc., Class A | 1.1% | | Total of top 10 | 12.4% | [Disclosure 9] ### Sector Breakdown _As of 09/30/2026_ | Sector | Fund | Index | | --- | ---: | ---: | | Communication Services | 2.9% | 3.1% | | Consumer Discretionary | 8.1% | 8.5% | | Consumer Staples | 3.2% | 5.0% | | Energy | 6.6% | 6.6% | | Financials | 13.0% | 13.8% | | Health Care | 13.5% | 12.5% | | Industrials | 16.3% | 17.0% | | Information Technology | 16.1% | 17.1% | | Materials | 5.9% | 4.6% | | Real Estate | 6.4% | 6.3% | | Short-Term Investments | 2.8% | 0.0% | | Utilities | 5.4% | 5.4% | [Disclosure 10] ### Risk Measures _As of 09/30/2026_ | Risk Measures | Risk Measures | | --- | ---: | | Alpha | -0.19 | | Beta | 0.94 | | Sharpe Ratio | 0.65 | | Standard Deviation | 13.93 | | Tracking Error | 2.61 | | R-squared | 97.00 | [Disclosure 11] ### Top 5 Quarterly Contributors _As of 08/31/2026_ | Holding | Top 5 Quarterly Contributors | | --- | ---: | | IQVIA Holdings, Inc. | 0.70% | | Zebra Technologies Corp., Class A | 0.38% | | Marathon Petroleum Corp. | 0.34% | | Cencora, Inc. | 0.30% | | Snowflake, Inc., Class A | 0.30% | ### Top 5 Quarterly Detractors _As of 08/31/2026_ | Holding | Top 5 Quarterly Detractors | | --- | ---: | | Rocket Lab Corp. | -0.44% | | ON Semiconductor Corp. | -0.30% | | Jabil, Inc. | -0.22% | | Albertsons Cos., Inc., Class A | -0.17% | | MKS, Inc. | -0.16% | ## Documents - [Factsheet: JPMorgan Mid Cap Equity Fund (A)](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fact-sheet/us-equity/FS-MCE-A.PDF) - [Commentary: Mid Cap Equity Fund](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/commentary/FC-MCE.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 - Mid Cap Equity Fund (Quarterly)](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/supplemental/mfdp/MFDP-MCE-1.pdf) - [Supplemental Data Sheet - Mid Cap Equity Fund (Monthly)](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/supplemental/mfdp/MFDP-MCE-2.PDF) - [Summary Prospectus](https://am.jpmorgan.com/JPMorgan/TVT/4812A2660/SP?site=JPMorganv3) - [Prospectus](https://am.jpmorgan.com/JPMorgan/TVT/4812A2660/P?site=JPMorganv3) - [Annual Report to Shareholders](https://am.jpmorgan.com/JPMorgan/TVT/4812A2660/AR?site=JPMorganv3) - [Annual Financial Statements and Other Information](https://am.jpmorgan.com/JPMorgan/TVT/4812A2660/NCSR?site=JPMorganv3) - [Semi-Annual Report to Shareholders](https://am.jpmorgan.com/JPMorgan/TVT/4812A2660/SAR?site=JPMorganv3) - [Semi-Annual Financial Statements and Other Information](https://am.jpmorgan.com/JPMorgan/TVT/4812A2660/NCSRS?site=JPMorganv3) - [First Quarter Holding](https://am.jpmorgan.com/JPMorgan/TVT/4812A2660/QH1?site=JPMorganv3) - [Third Quarter Holding](https://am.jpmorgan.com/JPMorgan/TVT/4812A2660/QH3?site=JPMorganv3) - [Statement of Additional Information](https://am.jpmorgan.com/JPMorgan/TVT/4812A2660/S?site=JPMorganv3) - [Annual Report Of Proxy Voting](https://am.jpmorgan.com/JPMorgan/TVT/4812A2660/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 1.090% 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 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. 6. P/B ratio is the relationship between a stock's price and the book value of that stock. 7. 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. 8. 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. 9. 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. 10. Due to rounding, values may not total 100%. 11. 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.