Continue to site >
Trending ETFs

JPMorgan Diversified Fund

mutual fund
JDVSX
Payout Change
Pending
Price as of:
$16.41 -0.05 -0.3%
primary theme
U.S. Balanced Allocation
JDVSX (Mutual Fund)

JPMorgan Diversified Fund

Payout Change
Pending
Price as of:
$16.41 -0.05 -0.3%
primary theme
U.S. Balanced Allocation
JDVSX (Mutual Fund)

JPMorgan Diversified Fund

Payout Change
Pending
Price as of:
$16.41 -0.05 -0.3%
primary theme
U.S. Balanced Allocation

Name

As of 12/13/2024

Price

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

$16.41

$449 M

2.18%

$0.36

0.97%

Vitals

YTD Return

13.6%

1 yr return

14.4%

3 Yr Avg Return

-1.5%

5 Yr Avg Return

4.7%

Net Assets

$449 M

Holdings in Top 10

32.7%

52 WEEK LOW AND HIGH

$16.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.97%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 12/13/2024

Price

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

$16.41

$449 M

2.18%

$0.36

0.97%

JDVSX - Profile

Distributions

  • YTD Total Return 13.6%
  • 3 Yr Annualized Total Return -1.5%
  • 5 Yr Annualized Total Return 4.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.45%
DIVIDENDS
  • Dividend Yield 2.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    JPMorgan Diversified Fund
  • Fund Family Name
    JPMorgan Funds
  • Inception Date
    Sep 10, 2001
  • Shares Outstanding
    2865504
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jeffrey Geller

Fund Description

Drawing on a variety of analytical tools, the Fund’s adviser typically seeks to invest the Fund’s assets among various types of asset classes based on the following allocations:35%–80% equity securities15%–65% fixed income securities0%–10% convertible securitiesThe Fund invests in separate underlying strategies by investing directly in individual securities, in other mutual funds and exchange traded funds (ETFs) within the same group of investment companies (J.P. Morgan Funds), and for the limited purposes described below, in passive ETFs that are managed by unaffiliated investment advisers (unaffiliated passive ETFs) (together with J.P. Morgan Funds, underlying funds), across asset classes, including: U.S. equity and developed international equity across market capitalizations, emerging markets equity, domestic and foreign fixed income, high yield fixed income, emerging markets debt, and real estate investment trusts (REITs). A passive ETF is a registered investment company that seeks to track the performance of a particular market index. These indices include not only broad-based market indices but more specific indices as well, including those relating to particular sectors, markets, factors, regions or industries.The adviser may periodically increase or decrease the Fund’s actual asset allocations according to the relative attractiveness of each asset class.Within its equity allocations, the Fund primarily invests in the common stock of U.S. and foreign companies, REITs, and underlying funds. In this context, an underlying fund will be considered an equity fund if its prospectus discloses that the fund invests primarily in equity securities, including REITs.Within its fixed income allocations, the Fund primarily invests in corporate bonds, asset-backed, mortgage- related and mortgage-backed securities, U.S. and foreign government securities, loan assignments and participations (Loans) and commitments to purchase loan assignments, emerging market debt and underlying funds. In this context, an underlying fund will be considered a fixed income fund if its prospectus discloses that the fund invests primarily in fixed income securities.The Fund may invest in fixed income securities of any credit quality but may only invest up to 25% of its total assets in certain below investment grade securities (also known as high yield securities or junk bonds). This limit on below investment grade securities will include all investments held either directly by the Fund or in underlying funds held by the Fund which invest primarily in below investment grade securities (as disclosed in the underlying fund’s prospectus). In addition, the Fund may invest in underlying funds that may invest in fixed income securities of various credit qualities, including at times below investment grade securities, in order to expose the Fund to certain asset classes, such as emerging market debt. The remainder of the fixed income allocation will be invested directly in securities that, at the time of purchase are rated investment grade by a nationally recognized statistical rating organization or in securities that are unrated but are deemed by the Fund’s adviser to be of comparable quality. The Fund may invest in fixed income securities of any average weighted maturity or duration.The Fund may invest up to 30% of its total assets in shares of equity or fixed income underlying funds in order to expose the Fund to certain asset classes. To the extent the Fund invests in underlying funds, the adviser expects to select J.P. Morgan Funds without considering or canvassing the universe of unaffiliated underlying funds available, even though there may (or may not) be one or more unaffiliated underlying funds that investors might regard as more attractive for the Fund or that have superior returns. For actively-managed underlying funds, the adviser limits its selection to J.P. Morgan Funds. For passive ETFs, the adviser expects to invest in affiliated ETFs that are J.P. Morgan Funds (J.P. Morgan ETFs), unless the adviser determines the investment is not available. To the extent the adviser determines in its sole discretion that an investment in a passive J.P. Morgan ETF is not available, only then will the adviser consider an unaffiliated passive ETF. In addition, the Fund may seek to gain passive exposure to one or more markets by investing directly in the securities underlying a particular index. The Fund may also invest up to 10% of its assets in convertible securities.In addition to investments in underlying funds and direct investments in securities, the Fund may use derivatives, which are instruments that have a value based on another instrument, exchange rate or index, as substitutes for securities in which the Fund can invest. The Fund may use futures contracts, options, and swaps to more effectively gain targeted equity and fixed income exposure from its cash positions, to hedge investments, for risk management and to attempt to increase the Fund’s returns. The Fund may use futures contracts, options (including options on interest rate futures contracts and interest rate swaps), swaps, and credit default swaps to help manage duration, sector and yield curve exposure and credit and spread volatility. The Fund may utilize exchange traded futures contracts for cash management and to gain exposure to equities pending investment in individual securities. The Fund may invest in securities denominated in any currency. The Fund may also utilize foreign currency derivatives such as forward currency transactions to hedge exposure to non-dollar investments back to the U.S. dollar, as well as to gain exposure to certain currencies.Although the Fund will generally maintain its assets within the allocations above, the Fund may hold cash or cash equivalents for various purposes, including in connection with segregation for derivatives transactions, as collateral for derivatives transactions or for temporary defensive purposes.The adviser establishes the strategic and tactical allocation for the Fund and makes the day-to-day decisions concerning strategies and overall construction of the Fund. As attractive investments arise across asset classes and strategies, the adviser attempts to capture these opportunities by allocating the Fund’s assets among strategies and asset classes within pre-defined ranges.Investment decisions within strategies and asset classes are implemented either by the portfolio managers of the Fund’s underlying strategies who select individual securities for the Fund or with the Fund’s purchase of underlying funds.The frequency with which the Fund buys and sells underlying investments will vary from year to year, depending on, but not limited to: market conditions, performance of the underlying investments, and changes in the adviser’s investment views.
Read More

JDVSX - Performance

Return Ranking - Trailing

Period JDVSX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.6% -2.1% 80.7% 43.47%
1 Yr 14.4% -0.8% 87.8% 48.02%
3 Yr -1.5%* -4.2% 23.0% 99.25%
5 Yr 4.7%* -2.6% 23.3% 90.61%
10 Yr 5.6%* 1.2% 14.4% 78.43%

* Annualized

Return Ranking - Calendar

Period JDVSX Return Category Return Low Category Return High Rank in Category (%)
2023 13.2% -12.2% 23.9% 19.76%
2022 -20.9% -34.7% 2.8% 77.96%
2021 -5.3% -11.9% 18.1% 94.90%
2020 6.6% -20.9% 39.7% 61.17%
2019 10.2% 0.8% 25.7% 84.50%

Total Return Ranking - Trailing

Period JDVSX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.6% -2.1% 80.7% 43.47%
1 Yr 14.4% -0.8% 87.8% 48.02%
3 Yr -1.5%* -4.2% 23.0% 99.25%
5 Yr 4.7%* -2.6% 23.3% 90.61%
10 Yr 5.6%* 1.2% 14.4% 78.43%

* Annualized

Total Return Ranking - Calendar

Period JDVSX Return Category Return Low Category Return High Rank in Category (%)
2023 15.2% -12.2% 26.8% 29.50%
2022 -15.2% -29.0% 10.9% 55.32%
2021 -3.0% -3.0% 27.3% 100.00%
2020 17.7% -19.5% 40.6% 12.14%
2019 21.6% 2.2% 32.7% 24.17%

NAV & Total Return History


JDVSX - Holdings

Concentration Analysis

JDVSX Category Low Category High JDVSX % Rank
Net Assets 449 M 861 K 235 B 66.18%
Number of Holdings 1096 2 16143 9.44%
Net Assets in Top 10 158 M 859 K 66.9 B 68.88%
Weighting of Top 10 32.68% 10.8% 122.7% 69.32%

Top 10 Holdings

  1. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF 10.03%
  2. JPMorgan Income Fund, Class R6 4.94%
  3. JPMorgan Core Bond Fund, Class R6 3.05%
  4. Microsoft Corp. 2.87%
  5. NVIDIA Corp. 2.49%
  6. JPMorgan Large Cap Value Fund, Class R6 2.04%
  7. JPMorgan Prime Money Market Fund, Class IM 1.97%
  8. Amazon.com, Inc. 1.96%
  9. Apple, Inc. 1.69%
  10. Meta Platforms, Inc., Class A 1.64%

Asset Allocation

Weighting Return Low Return High JDVSX % Rank
Stocks
55.58% 0.00% 100.10% 81.56%
Bonds
19.00% 0.00% 75.29% 45.28%
Other
2.81% -42.55% 113.97% 13.72%
Cash
1.97% -7.92% 100.00% 42.77%
Convertible Bonds
0.82% 0.00% 23.84% 31.50%
Preferred Stocks
0.00% 0.00% 24.59% 34.22%

Stock Sector Breakdown

Weighting Return Low Return High JDVSX % Rank
Technology
18.80% 0.00% 44.21% 53.50%
Financial Services
16.95% 0.00% 38.77% 18.93%
Healthcare
13.90% 0.00% 29.35% 51.86%
Consumer Cyclical
13.45% 0.00% 19.36% 5.51%
Industrials
11.37% 0.00% 24.37% 30.25%
Communication Services
6.33% 0.00% 38.10% 68.85%
Consumer Defense
5.69% 0.00% 15.14% 77.35%
Energy
4.57% 0.00% 85.65% 54.55%
Basic Materials
3.65% 0.00% 25.57% 62.74%
Utilities
2.71% 0.00% 99.55% 61.85%
Real Estate
2.59% 0.00% 65.01% 67.51%

Stock Geographic Breakdown

Weighting Return Low Return High JDVSX % Rank
US
37.64% 0.00% 100.10% 87.61%
Non US
17.94% 0.00% 42.80% 2.95%

Bond Sector Breakdown

Weighting Return Low Return High JDVSX % Rank
Government
32.31% 0.00% 97.26% 39.97%
Securitized
26.29% 0.00% 92.13% 23.18%
Corporate
22.03% 0.00% 98.21% 80.39%
Cash & Equivalents
1.97% 0.00% 99.92% 40.56%
Derivative
0.36% -4.58% 41.29% 3.10%
Municipal
0.09% 0.00% 24.80% 54.09%

Bond Geographic Breakdown

Weighting Return Low Return High JDVSX % Rank
US
19.00% 0.00% 75.29% 43.51%
Non US
0.00% 0.00% 15.37% 25.52%

JDVSX - Expenses

Operational Fees

JDVSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.97% 0.03% 27.98% 50.88%
Management Fee 0.48% 0.00% 1.83% 52.71%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.08% 0.01% 0.83% 41.30%

Sales Fees

JDVSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

JDVSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 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.

JDVSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.83% 343.00% 73.52%

JDVSX - Distributions

Dividend Yield Analysis

JDVSX Category Low Category High JDVSX % Rank
Dividend Yield 2.18% 0.00% 17.90% 83.02%

Dividend Distribution Analysis

JDVSX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Monthly Monthly

Net Income Ratio Analysis

JDVSX Category Low Category High JDVSX % Rank
Net Income Ratio 1.45% -2.34% 13.92% 32.73%

Capital Gain Distribution Analysis

JDVSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

JDVSX - Fund Manager Analysis

Managers

Jeffrey Geller


Start Date

Tenure

Tenure Rank

Feb 12, 2019

3.3

3.3%

Jeffrey Geller, CFA, managing director, is a Chief Investment Officer of Multi-Asset Solutions, where he is responsible for investment oversight of all mandates managed in New York. This includes providing oversight with respect to manager and strategy suitability and fit and ensuring that the team's asset allocation views are reflected appropriately across a diverse set of mandates. Jeff is also a portfolio manager for less constrained multi-asset class portfolios as well as portfolios with alternatives exposure. Before joining the firm in 2006, Jeff was director of Hedge Fund Investments at Russell Investment Group and served as chairman of the Firm's hedge fund investment committee. Prior to that, he was a senior partner at Credit Suisse Asset Management's BEA Associates unit where he had responsibility for managing equity, currency overlay and relative value arbitrage strategies. Jeff earned a Bachelor of Arts in Government from Clark University and an M.B.A. in Finance from the University of Chicago Graduate School Of Business. He is a CFA charterholder and is Series 24, 7, and 63 licensed

Morgan Moriarty


Start Date

Tenure

Tenure Rank

Oct 15, 2019

2.63

2.6%

Gerhardt (Gary) Herbert


Start Date

Tenure

Tenure Rank

Nov 01, 2020

1.58

1.6%

Mr. Herbert has been an employee of JPMIM and the Head of GTAA and Diversified Strategies in the U.S for MAS since 2020Gary is a portfolio manager and head of global credit. Gary joined Brandywine Global in March 2010, bringing with him over 20 years of high yield experience. Previously, Gary was a Managing Director, Portfolio Manager with Guggenheim Partners, LLC (2009-2010); a Managing Director, Portfolio Manager with Dreman Value Management, LLC (2007-2009); and an Executive Director, Portfolio Manager (1999-2007) and Associate (1994-1998) with Morgan Stanley Investment Management.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 34.51 6.39 2.41