# Product Snapshot - JPMorgan U.S. Small Company Fund

> Audience: country=us, language=en, role=adv.
> Generated: 2026-10-23T19:33:43.105211540Z.

## Identity

- **Fund Name**: JPMorgan U.S. Small Company Fund
- **Share Class Name**: JPMorgan U.S. Small Company Fund-R4
- **Product Page**: [Product Page](https://am.jpmorgan.com/us/en/asset-management/adv/products/jpmorgan-u-s-small-company-fund-r4-48127b441)
- **Ticker Symbol**: JUSQX
- **CUSIP**: 48127B441
- **Fund Type**: MUTUAL FUND
- **Asset Class**: U.S. Equity

## Overview

### Designed to provide high total return primarily from a portfolio of U.S. small cap equity securities.

Combines a proprietary stock-ranking system with fundamental analysis to identify the most attractive stocks in the Russell 2000 index~~Maintains sector weightings similar to the Russell 2000 Index, seeking to outperform while limiting volatility relative to the index~~Invests primarily in small cap equity securities with market capitalizations similar to the Russell 2000 Index



## Fund Facts

- **Ticker**: JUSQX
- **CUSIP**: 48127B441
- **Share Class Number**: 2361
- **Asset Class**: U.S. Equity
- **Fund Inception Date**: 11/04/1993
- **Share Class Inception Date**: 09/09/2016
- **ESG Approach**: Integrated [Disclosure 1]

## Fund Stats

- **NAV  As of 10/22/2026**: $20.70
- **NAV Change ($) As of 10/22/2026**: $-0.06
- **NAV Change (%) As of 10/22/2026**: -0.29%
- **Fund Assets As of 10/22/2026**: $1.06bn
- **Number of Holdings As of 09/30/2026**: 613
- **YTD  As of 10/22/2026**: 13.61%

## Fees & Charges

### Fees

- **Gross Expenses**: 0.97%
- **Net Expenses**: 0.97%


## Portfolio Managers

### Phillip Hart

- **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/phillip-hart/)
- **In the industry**: 23 years
- **With J.P. Morgan**: 23 years
- **Managing this fund**: 15 years

### Robert Ippolito

- **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/robert-ippolito/)
- **In the industry**: 18 years
- **With J.P. Morgan**: 17 years
- **Managing this fund**: 3 years

### Wonseok Choi

- **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/wonseok-choi/)
- **In the industry**: 24 years
- **With J.P. Morgan**: 20 years
- **Managing this fund**: 6 years

### Akash Gupta

- **Biography**: [Biography](https://am.jpmorgan.com/us/en/asset-management/adv/bios/akash-gupta/)
- **In the industry**: 22 years
- **With J.P. Morgan**: 22 years
- **Managing this fund**: 6 years

## Ratings

### Morningstar Overview Ratings

- **Category: **: Small Blend
- **As of **: 09/30/2026
- **Overall**: 3 of 5 stars
- **Funds in Category**: 582 Funds in Category
- **3 Year**: 3 of 5 stars
- **Funds in Category**: 582 Funds in Category
- **5 Year**: 3 of 5 stars
- **Funds in Category**: 559 Funds in Category
- **10 Year**: 3 of 5 stars
- **Funds in Category**: 456 Funds in Category
 [Disclosure 2]

### Morningstar Overview Ranking

- **Category: **: Small Blend
- **As of **: 09/30/2026
- **1 Year**: Rank 192
- **Funds in Category**: 618 Funds in Category
- **Group Percentile**: 30%
- **3 Year**: Rank 229
- **Funds in Category**: 582 Funds in Category
- **Group Percentile**: 42%
- **5 Year**: Rank 218
- **Funds in Category**: 559 Funds in Category
- **Group Percentile**: 42%
- **10 Year**: Rank 261
- **Funds in Category**: 456 Funds in Category
- **Group Percentile**: 62%
 [Disclosure 3]

### Lipper Rankings: Small-Cap Core Funds

- **As of**: 09/30/2026
- **1 Year**: Rank 272
- **Funds in Category**: 980 Funds in Category
- **Group Percentile**: 28%
- **3 Year**: Rank 301
- **Funds in Category**: 937 Funds in Category
- **Group Percentile**: 33%
- **5 Year**: Rank 359
- **Funds in Category**: 901 Funds in Category
- **Group Percentile**: 40%
- **10 Year**: Rank 356
- **Funds in Category**: 744 Funds in Category
- **Group Percentile**: 48%
 [Disclosure 4]

## Portfolio

### Portfolio Stats

- **Number of Holdings** (As of 09/30/2026): 613
- **Fund Assets** (As of 09/30/2026): $1.07bn
- **Turnover Ratio (Trailing 12 month) (6/30/2025)**: 104.32%
- **Wtd. Avg. Market Cap**: $4.35bn
- **Median Market Cap**: $2.50bn
- **P/B Ratio**: 2.07 [Disclosure 5]
- **P/E Ratio (1 yr. forecast)**: 12.77 [Disclosure 6]
- **P/E Ratio (1 yr. trailing)**: 543.44 [Disclosure 7]


### Top 10 Holdings

_As of 09/30/2026_

| Holding | Weight |
| --- | ---: |
| Moog, Inc., Class A | 1.1% |
| New Jersey Resources Corp. | 0.7% |
| Banc of California, Inc. | 0.6% |
| EnerSys | 0.6% |
| Innospec, Inc. | 0.6% |
| JFrog Ltd. | 0.6% |
| MYR Group, Inc. | 0.6% |
| 10X Genomics, Inc., Class A | 0.5% |
| Bank of NT Butterfield & Son Ltd. (The) | 0.5% |
| Plexus Corp. | 0.5% |
| Total of top 10 | 6.3% |
 [Disclosure 8]

### Sector Breakdown

_As of 09/30/2026_

| Sector | Fund | Index |
| --- | ---: | ---: |
| Communication Services | 1.9% | 2.5% |
| Consumer Discretionary | 9.1% | 8.8% |
| Consumer Staples | 1.9% | 2.0% |
| Energy | 6.4% | 6.7% |
| Financials | 19.5% | 19.0% |
| Health Care | 20.8% | 20.8% |
| Industrials | 11.9% | 13.9% |
| Information Technology | 14.2% | 13.7% |
| Materials | 4.4% | 4.2% |
| Other | 0.0% | 0.1% |
| Real Estate | 5.5% | 5.7% |
| Short-Term Investments | 1.9% | 0.0% |
| Utilities | 2.5% | 2.7% |
 [Disclosure 9]

### Risk Measures

_As of 09/30/2026_

| Risk Measures | Risk Measures |
| --- | ---: |
| Alpha | 0.02 |
| Beta | 0.97 |
| Sharpe Ratio | 0.70 |
| Standard Deviation | 19.14 |
| Tracking Error | 2.84 |
| R-squared | 98.00 |
 [Disclosure 10]

### Top 5 Quarterly Contributors

_As of 08/31/2026_

| Holding | Top 5 Quarterly Contributors |
| --- | ---: |
| Aveanna Healthcare Holdings, Inc. | 0.12% |
| Bloom Energy Corp., Class A | 0.12% |
| Insight Enterprises, Inc. | 0.12% |
| Ooma, Inc. | 0.12% |
| Varonis Systems, Inc. | 0.12% |


### Top 1 Quarterly Detractors

_As of 09/30/2026_

| Holding | Top 1 Quarterly Detractors |
| --- | ---: |
| Arko Corp. | -0.09% |


## Documents

- [Factsheet: JPMorgan U.S. Small Company Fund (R4)](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fact-sheet/us-equity/FS-USSC-R4.PDF)
- [Commentary: U.S. Small Company Fund](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/commentary/FC-USSC.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 - US Small Company Fund (Quarterly)](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/supplemental/mfdp/MFDP-USSC-1.PDF)
- [Supplemental Data Sheet - U.S. Small Company Fund (Monthly)](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/supplemental/mfdp/MFDP-USSC-2.PDF)
- [Summary Prospectus](https://am.jpmorgan.com/JPMorgan/TVT/48127B441/SP?site=JPMorganv3)
- [Prospectus](https://am.jpmorgan.com/JPMorgan/TVT/48127B441/P?site=JPMorganv3)
- [Annual Report to Shareholders](https://am.jpmorgan.com/JPMorgan/TVT/48127B441/AR?site=JPMorganv3)
- [Annual Financial Statements and Other Information](https://am.jpmorgan.com/JPMorgan/TVT/48127B441/NCSR?site=JPMorganv3)
- [Semi-Annual Report to Shareholders](https://am.jpmorgan.com/JPMorgan/TVT/48127B441/SAR?site=JPMorganv3)
- [Semi-Annual Financial Statements and Other Information](https://am.jpmorgan.com/JPMorgan/TVT/48127B441/NCSRS?site=JPMorganv3)
- [First Quarter Holding](https://am.jpmorgan.com/JPMorgan/TVT/48127B441/QH1?site=JPMorganv3)
- [Third Quarter Holding](https://am.jpmorgan.com/JPMorgan/TVT/48127B441/QH3?site=JPMorganv3)
- [Statement of Additional Information](https://am.jpmorgan.com/JPMorgan/TVT/48127B441/S?site=JPMorganv3)
- [Annual Report Of Proxy Voting](https://am.jpmorgan.com/JPMorgan/TVT/48127B441/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. 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.

3. 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.

4. 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.

5. P/B ratio is the relationship between a stock's price and the book value of that stock.

6. 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.

7. 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.

8. 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.

9. Due to rounding, values may not total 100%.

10. 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.