JPMorgan Diversified Fund Class A
JDVAX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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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
- Mar 21, 2003
- CIK
- 0001217286
- Website
- am.jpmorgan.com
- Similar Companies
- Business
- JPMorgan Diversified Fund Class A (JDVAX) is a mutual fund offered by J.P. Morgan Funds that seeks high total return through a diversified portfolio of equity and fixed income investments, targeting to outperform a 60% MSCI World Index/40% Bloomberg U.S. Aggregate Index benchmark while maintaining similar risk levels. The fund, domiciled in the United States, invests primarily in underlying strategies including other J.P. Morgan mutual funds and ETFs such as JPMorgan Core Bond Fund Class R6, JPMorgan Income Fund Class R6, JPMorgan High Yield Fund Class R6, and JPMorgan Large Cap Value Fund Class R6; individual securities like U.S. Treasury Notes, Microsoft Corp., Amazon.com Inc., NVIDIA Corp., and Apple Inc.; and exchange-traded funds including JPMorgan BetaBuilders Japan ETF and JPMorgan BetaBuilders $ HY Corp Bnd ETF. Its portfolio allocation typically comprises 63% equities (46% U.S. large cap/all cap, 17% international developed equity), 53% fixed income (45% U.S. core, 3% high yield, 6% developed non-U.S.), with cash alternatives and minor REIT/emerging markets exposure, tactically adjusted by the Multi-Asset Solutions team across U.S., developed international, and emerging markets. Launched on March 24, 2003, with Class A inception that date, the fund is headquartered in operations aligned with J.P. Morgan Asset Management in the United States and manages approximately $455-488 million in assets under management as of late 2025, available to U.S. investors with a minimum initial investment of $1,000. As of September 30, 2025, the fund maintains a Morningstar Bronze Medalist Rating in the Moderate Allocation category, reflecting above-average process, people, and parent pillars, with net expenses of 0.96% (contractually capped through October 31, 2025) and a front-end load of 4.50%. Recent portfolio evolutions include ongoing tactical asset allocation shifts by managers Gary Herbert (33 years experience), Morgan Moriarty (14 years), and Charles Fishman (12 years), with the addition of Fishman effective November 1, 2024; sustained overweight biases to growth stocks, Developed Europe, financial services, and consumer cyclical sectors relative to peers; and top holdings adjustments reflecting market conditions, such as increased emphasis on high-yield ETFs and technology leaders amid 2024-2025 performance of 9.82% YTD through Q3 2025. No major acquisitions, funding rounds, or structural reorganizations specific to the fund have been reported in the last 1-2 years, though J.P. Morgan Asset Management closed Global Private Equity Fund XII in December 2025, underscoring broader firm diversification efforts.