# Product Snapshot - JPMorgan U.S. Large Cap Leaders Strategy

> Audience: country=us, language=en, role=adv.
> Generated: 2026-10-18T06:17:50.416591421Z.

## Identity

- **Fund Name**: JPMorgan U.S. Large Cap Leaders Strategy
- **Share Class Name**: JPMorgan U.S. Large Cap Leaders Strategy
- **Product Page**: [Product Page](https://am.jpmorgan.com/us/en/asset-management/adv/products/jpmorgan-u-s-large-cap-leaders-strategy-cf2ea7b6c47665bfe0534e8862a9d815)
- **Fund Type**: SMA
- **Asset Class**: Equity

## Overview

### Designed to provide high total return through a portfolio of U.S. large cap stocks.

Fundamental research-driven approach that focuses on identifying attractively valued stocks with earnings growth potential within each sector ~~ Invests in companies with robust business models, strong management teams, and sustainable earnings ~~ Seeks to outperform the S&P 500 Index with similar volatility, through a bottom-up stock selection process



## Strategy Facts

- **Asset Class**: Equity
- **Strategy Inception Date**: 12/01/2007

## Strategy Stats

- **Number of Holdings**: 54

## Portfolio Managers

### Susan Bao

- **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/susan-bao/)
- **In the industry**: 29 years
- **With J.P. Morgan**: 29 years

### Timothy Woodhouse

- **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/timothy-woodhouse/)
- **In the industry**: 18 years
- **With J.P. Morgan**: 18 years

### Andrew Stern

- **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/andrew-stern/)
- **In the industry**: 18 years
- **With J.P. Morgan**: 18 years

## Portfolio

### Portfolio Stats

- **Dividend yield** (As of 06/30/2026): PORTFOLIO: 1.0%; INDEX: 1.1%
- **EPS Growth** (As of 06/30/2026): PORTFOLIO: 11.03; INDEX: 7.88 [Disclosure 1]
- **Market capitalization** (As of 06/30/2026): PORTFOLIO: $1.64tn; INDEX: $1.49tn
- **Number of holdings** (As of 06/30/2026): PORTFOLIO: 54; INDEX: 501
- **P/B ratio** (As of 06/30/2026): PORTFOLIO: 6.7x; INDEX: 5.4x
- **P/E ratio (1 yr forecast)** (As of 06/30/2026): PORTFOLIO: 19.9x; INDEX: 17.8x
- **Return on equity** (As of 06/30/2026): PORTFOLIO: 38.5%; INDEX: 37.1%
- **Trailing 12 month turnover** (As of 06/30/2026): PORTFOLIO: 26.6%; INDEX: N/A


### Top 10 Holdings

_As of 06/30/2026_

| Holding | Weight |
| --- | ---: |
| NVIDIA | 9.2% |
| Alphabet | 6.0% |
| Microsoft | 5.8% |
| Apple | 5.8% |
| Amazon | 5.3% |
| Broadcom | 3.6% |
| Lam Research | 3.3% |
| Meta Platforms | 3.2% |
| Johnson & Johnson | 2.6% |
| Morgan Stanley | 2.4% |
 [Disclosure 2]

### Sector Breakdown

_As of 06/30/2026_

| Sector | Portfolio | Index |
| --- | ---: | ---: |
| Communication Services | 10.4% | 9.7% |
| Consumer Discretionary | 10.4% | 9.3% |
| Consumer Staples | 2.0% | 4.6% |
| Energy | 1.8% | 3.0% |
| Financials | 10.8% | 11.8% |
| Health Care | 9.6% | 8.9% |
| Industrials | 7.9% | 8.9% |
| Information Technology | 40.2% | 38.0% |
| Materials | 3.2% | 1.8% |
| Real Estate | 0.0% | 1.8% |
| Utilities | 3.7% | 2.2% |


### Risk Measures

_As of 06/30/2026_

| Risk Measures | Portfolio | Index |
| --- | ---: | ---: |
| Beta | 0.96 | 1.00 |
| Information Ratio | -0.67 | N/A |
| Sharpe Ratio | 1.09 | 1.21 |
| Standard Deviation | 12.77 | 13.05 |
| Tracking Error | 2.77 | N/A |
 [Disclosure 3]

## Documents

- [Fact Sheet: U.S. Large Cap Leaders Strategy](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/smas/fs-lcl-ma.pdf)
- [Commentary: U.S. Large Cap Leaders Strategy](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/smas/QC-LCL-MA.pdf)
- [Monthly Holdings: US Large Cap Leaders Strategy](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/smas/US-Large-Cap-Equity-Holdings.pdf)

## Disclosures

1. EPS: Total earnings divided by the number of shares outstanding.

2. 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.

3. Risk measures are calculated based upon the broad-based index as stated in the prospectus.