JPMorgan Small Cap Sustainable Leaders Fund
Name
As of 05/20/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
4.6%
1 yr return
15.3%
3 Yr Avg Return
-4.7%
5 Yr Avg Return
4.7%
Net Assets
$38.8 M
Holdings in Top 10
25.5%
52 WEEK LOW AND HIGH
$39.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.54%
SALES FEES
Front Load 5.25%
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/20/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
VSSBX - Profile
Distributions
- YTD Total Return 4.6%
- 3 Yr Annualized Total Return -4.7%
- 5 Yr Annualized Total Return 4.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.03%
- Dividend Yield 0.2%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameJPMorgan Small Cap Sustainable Leaders Fund
-
Fund Family NameJPMorgan Funds
-
Inception DateJun 01, 2016
-
Shares Outstanding146827
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPhillip Hart
Fund Description
In managing the Fund, the adviser identifies companies that, in the adviser’s opinion, are sustainable leaders based on its sustainability criteria and have attractive investment return potential. The adviser’s sustainability criteria are based on a proprietary scoring methodology, which includes an assessment of environmental, social and corporate governance (ESG) characteristics, qualitative factors including evaluation of investment potential and outlook, and the adviser’s subjective judgment as to which companies are sustainable leaders. The adviser’s investment analysis is based on a proprietary stock ranking system. The rankings are then reviewed and adjusted utilizing fundamental research conducted by the investment team to enhance accuracy and consistency. The adjusted rankings are used to place stocks into the Fund. The Fund seeks to invest in companies that, on a combined basis, appear attractive when considering these sustainability criteria and financial characteristics. The Fund defines ESG characteristics as follows:•Environmental — companies that actively strive to reduce the negative impact of their business operations on the environment. In this context, the adviser analyzes factors such as the company’s likely impact on climate change, natural resource use, pollution and the use of clean technology•Social — companies that consider the social impact of their business internally and externally. In this context, the adviser views considerations such as worker safety, product safety and integrity, healthier products, impact on the community and human rights•Governance — companies that embrace corporate governance principles. In reviewing governance characteristics, the adviser considers issues such as board accountability and diversity, shareholder rights, executive compensation, business ethics and government and public policy.Under normal circumstances, the Fund invests at least 80% of its Assets in equity securities of small cap companies meeting the adviser’s sustainability criteria. “Assets” means net assets, plus the amount of borrowings for investment purposes. Because investing on the basis of sustainability/ESG criteria involves qualitative and subjective analysis, there can be no assurance that the methodology utilized by, or determinations made by, the adviser will align with the beliefs or values of a particular investor.Small cap companies are companies with market capitalizations equal to those within the universe of Russell 2000® Index at the time of purchase. As of September 30, 2023, the market capitalizations of the companies in the Russell 2000® Index ranged from $3.49 million to $12.59 billion.In implementing its main strategies, the Fund’s investments are primarily in common stocks and, from time to time, real estate investment trusts (REITs).Derivatives, which are instruments that have a value based on another instrument, exchange rate or index, may be used as substitutes for securities in which the Fund can invest. The Fund may use futures contracts to gain or reduce exposure to its index, maintain liquidity and minimize transaction costs. In managing cash flows, the Fund buys futures contracts to invest incoming cash in the market or sells futures contracts in response to cash outflows, thereby gaining market exposure to the index while maintaining a cash balance for liquidity.Investment Process: The Fund has an actively managed strategy that applies the adviser’s sustainability criteria to each of the Fund’s proposed investments other than its investments in money market funds and derivatives. In managing the Fund, the adviser employs a process that ranks stocks based on its proprietary stock ranking system, constructing portfolios based on company financials, data science techniques and proprietary fundamental analysis.In choosing securities to purchase, the adviser evaluates and internally ranks companies to identify those companies that, in the adviser’s view, are sustainable leaders and have attractive investment return potential. The adviser assesses sustainability using a wide set of data inputs, combined with fundamental analysis. This assessment includes a review of proprietary data, information self-reported by companies, data from third party vendors and internal fundamental research. The adviser may vary the weightings of particular ESG characteristics by industry because, in the adviser’s judgment, certain characteristics are more relevant for certain industries. For example, an environmental characteristic, such as land use, may be more relevant for energy companies than for technology companies. In addition, the Fund seeks to avoid investing in companies that the adviser has determined, based on its exclusionary criteria, to be significantly involved in certain business activities or industries, including the production of alcohol, tobacco, controversial weapons, traditional weapons, thermal coal, adult entertainment and gambling products and services. The adviser may modify the exclusionary criteria without notice to shareholders to, among other things, modify the data inputs, change third-party data providers, or add or remove certain business activities or industries from the screening process.The Fund has flexibility to focus in various industries or sectors based on the adviser’s analysis of market opportunities at a particular time. The Fund will sell a stock if the adviser determines that the issuer no longer meets the Fund’s investment criteria or if the adviser believes that more attractive opportunities are available.
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VSSBX - Performance
Return Ranking - Trailing
| Period | VSSBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.6% | -6.7% | 28.3% | 53.76% |
| 1 Yr | 15.3% | -6.1% | 63.5% | 80.00% |
| 3 Yr | -4.7%* | -9.3% | 41.9% | 97.19% |
| 5 Yr | 4.7%* | -12.8% | 32.4% | 95.61% |
| 10 Yr | N/A* | -2.3% | 17.6% | 68.85% |
* Annualized
Return Ranking - Calendar
| Period | VSSBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 8.5% | -19.9% | 29.0% | 79.19% |
| 2024 | -21.1% | -59.3% | 118.2% | 52.78% |
| 2023 | -22.9% | -31.6% | 39.3% | 98.87% |
| 2022 | 12.7% | -51.0% | 39.5% | 41.01% |
| 2021 | 19.3% | -5.6% | 37.8% | 59.88% |
Total Return Ranking - Trailing
| Period | VSSBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.6% | -6.7% | 28.3% | 53.76% |
| 1 Yr | 15.3% | -6.1% | 63.5% | 80.00% |
| 3 Yr | -4.7%* | -9.3% | 41.9% | 97.19% |
| 5 Yr | 4.7%* | -12.8% | 32.4% | 95.61% |
| 10 Yr | N/A* | -2.3% | 17.6% | 81.31% |
* Annualized
Total Return Ranking - Calendar
| Period | VSSBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 8.7% | -11.7% | 31.8% | 92.82% |
| 2024 | -21.1% | -45.2% | 123.7% | 90.00% |
| 2023 | 12.4% | 0.0% | 47.7% | 97.18% |
| 2022 | 13.4% | -50.5% | 46.9% | 47.00% |
| 2021 | 24.0% | 2.1% | 43.7% | 57.86% |
NAV & Total Return History
VSSBX - Holdings
Concentration Analysis
| VSSBX | Category Low | Category High | VSSBX % Rank | |
|---|---|---|---|---|
| Net Assets | 38.8 M | 529 K | 145 B | 92.49% |
| Number of Holdings | 84 | 2 | 2519 | 75.46% |
| Net Assets in Top 10 | 9.9 M | 120 K | 9.83 B | 87.00% |
| Weighting of Top 10 | 25.50% | -2849.0% | 100.1% | 23.53% |
Top 10 Holdings
- AAON, Inc. 3.19%
- KB Home 3.15%
- WESCO International, Inc. 2.83%
- Amalgamated Financial Corp. 2.73%
- Deckers Outdoor Corp. 2.48%
- CNO Financial Group, Inc. 2.32%
- Kontoor Brands, Inc. 2.30%
- Huron Consulting Group, Inc. 2.21%
- Badger Meter, Inc. 2.18%
- Visteon Corp. 2.11%
Asset Allocation
| Weighting | Return Low | Return High | VSSBX % Rank | |
|---|---|---|---|---|
| Stocks | 99.09% | -565235.00% | 108.16% | 32.05% |
| Cash | 0.91% | 0.00% | 565934.00% | 69.41% |
| Preferred Stocks | 0.00% | 0.00% | 7.53% | 38.46% |
| Other | 0.00% | -598.74% | 39.24% | 60.26% |
| Convertible Bonds | 0.00% | 0.00% | 3.17% | 37.06% |
| Bonds | 0.00% | -1.96% | 74.53% | 40.48% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | VSSBX % Rank | |
|---|---|---|---|---|
| Industrials | 17.31% | 2.46% | 37.42% | 43.70% |
| Healthcare | 16.07% | 0.00% | 26.53% | 23.52% |
| Financial Services | 12.58% | 0.00% | 35.52% | 87.78% |
| Consumer Cyclical | 12.48% | 0.99% | 47.79% | 26.85% |
| Technology | 12.03% | 0.00% | 54.70% | 77.22% |
| Real Estate | 10.90% | 0.00% | 29.43% | 6.67% |
| Consumer Defense | 6.88% | 0.00% | 18.87% | 10.00% |
| Basic Materials | 4.98% | 0.00% | 18.66% | 42.96% |
| Utilities | 3.97% | 0.00% | 18.58% | 15.93% |
| Energy | 1.62% | 0.00% | 37.72% | 86.67% |
| Communication Services | 1.19% | 0.00% | 14.85% | 84.63% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | VSSBX % Rank | |
|---|---|---|---|---|
| US | 99.09% | -565235.00% | 108.16% | 26.37% |
| Non US | 0.00% | 0.00% | 91.59% | 47.07% |
VSSBX - Expenses
Operational Fees
| VSSBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.54% | 0.01% | 38.45% | 18.97% |
| Management Fee | 0.65% | 0.00% | 1.50% | 37.32% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 43.78% |
| Administrative Fee | 0.08% | 0.01% | 0.45% | 30.68% |
Sales Fees
| VSSBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.25% | 3.50% | 5.75% | 72.73% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| VSSBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| VSSBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 1.00% | 314.00% | 81.25% |
VSSBX - Distributions
Dividend Yield Analysis
| VSSBX | Category Low | Category High | VSSBX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.21% | 0.00% | 42.47% | 71.61% |
Dividend Distribution Analysis
| VSSBX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| VSSBX | Category Low | Category High | VSSBX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.03% | -2.40% | 2.49% | 64.26% |
Capital Gain Distribution Analysis
| VSSBX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 20, 2023 | $0.082 | OrdinaryDividend |
| Dec 13, 2021 | $19.888 | OrdinaryDividend |
| Dec 30, 2020 | $0.030 | OrdinaryDividend |
| Dec 18, 2020 | $0.333 | OrdinaryDividend |
| Dec 19, 2019 | $0.149 | OrdinaryDividend |
| Dec 12, 2019 | $0.002 | CapitalGainShortTerm |
| Dec 12, 2019 | $1.862 | CapitalGainLongTerm |
| Dec 19, 2018 | $0.017 | OrdinaryDividend |
| Dec 12, 2018 | $0.772 | CapitalGainShortTerm |
| Dec 12, 2018 | $2.975 | CapitalGainLongTerm |
| Dec 20, 2017 | $0.014 | OrdinaryDividend |
| Dec 13, 2017 | $0.596 | CapitalGainShortTerm |
| Dec 13, 2017 | $3.786 | CapitalGainLongTerm |
| Dec 20, 2016 | $0.196 | OrdinaryDividend |
| Dec 14, 2016 | $5.131 | CapitalGainLongTerm |
VSSBX - Fund Manager Analysis
Managers
Phillip Hart
Start Date
Tenure
Tenure Rank
Nov 01, 2010
11.59
11.6%
Mr. Hart, managing director, is a portfolio manager and is head of the U.S. Behavioral Finance Small Cap Equity Group at JPMorgan . He joined JPMorgan in 2003. Phillip obtained a BA in economics from Cornell University and is a CFA charterholder.
Wonseok Choi
Start Date
Tenure
Tenure Rank
Nov 01, 2019
2.58
2.6%
Mr. Choi, Managing Director and head of the team since 2006, is responsible for Strategic Quantitative Research.
Akash Gupta
Start Date
Tenure
Tenure Rank
Nov 01, 2019
2.58
2.6%
Mr. Gupta, Executive Director, is a research analyst and portfolio manager on the U.S. Behavioral Finance Equity team. An employee since 2004, Mr. Gupta previously spent over three years in the sell-side Equity Research Group, focusing on the electronics manufacturing supply chain sector. He is also a CFA charterholder and a certified Financial Risk Manager (FRM).
Robert Ippolito
Start Date
Tenure
Tenure Rank
Jul 01, 2021
0.92
0.9%
Robert Ippolito, Vice President and CFA charterholder. Prior to becoming a portfolio manager, Mr. Ippolito was a fundamental research analyst within the group.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 49.61 | 7.06 | 2.58 |