JPMorgan Large Cap Value Fund Class I
HLQVX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 277 Park Avenue New York NY United States of America 10172
- IPO Date
- Feb 28, 1991
- CIK
- 0000763852
- Website
- am.jpmorgan.com
- Similar Companies
- Business
- JPMorgan Large Cap Value Fund Class I (HLQVX) is an open-end mutual fund that seeks capital appreciation, with the incidental goal of current income, by investing primarily in equity securities of large capitalization companies that are undervalued relative to their long-term investment potential. Under normal circumstances, the fund invests at least 80% of its assets in common stocks and convertible debt or preferred securities of large companies, selected through fundamental research emphasizing underappreciated growth prospects and attractive valuations; the portfolio is diversified across sectors including financial services (17.56%), industrials (15.98%), technology (13.71%), and healthcare (13.60%), with top holdings such as Bank of America Corp., Wells Fargo & Co., Humana Inc., Philip Morris International Inc., and Alphabet Inc. representing 15.39% of assets; the fund maintains approximately 96.27% exposure to U.S. stocks, 2.62% to non-U.S. stocks, and 1.11% in cash equivalents. Launched on March 1, 1991, and domiciled in the United States with availability limited to U.S. investors, the fund is part of J.P. Morgan Asset Management, a division of JPMorgan Chase & Co., headquartered at 270 Park Avenue in New York, New York; total net assets stand at $5.37 billion, with the Class I share class comprising $2.38 billion, a net expense ratio of 0.69%, and a minimum initial investment of $1 million. The fund is managed by Scott Blasdell since April 4, 2013, and co-manager John Piccard since November 1, 2023, delivering strong historical performance with institutional shares annualized returns of 11.9% from April 2013 through August 2025, outperforming the Russell 1000 Value Index. Recent developments include sustained portfolio strength amid market volatility, with the strategy ranking in the top quartile over 5- and 10-year periods as of late 2025, though some institutional plans noted placement on watch for replacement by alternatives like Putnam Large Cap Value due to peer comparisons; no major acquisitions, partnerships, or structural changes specific to HLQVX were reported in 2024-2025, while J.P. Morgan Asset Management broadly expanded its active ETF offerings and research capabilities.