JPMorgan U.S. GARP Equity Fund
JGISX
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
FRC
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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
- JPMorgan Trust I DE United States of America
- IPO Date
- Nov 2, 2015
- CIK
- 0001217286
- Website
- am.jpmorgan.com
- Similar Companies
- Business
- JPMorgan U.S. GARP Equity Fund (JGISX) is an open-end mutual fund that seeks long-term capital appreciation by investing primarily in a diversified portfolio of equity securities of large- and mid-capitalization U.S. companies exhibiting growth-at-a-reasonable-price (GARP) characteristics, including attractive valuations, high quality, and strong momentum; it employs a quantitative model integrating traditional metrics such as price multiples, cash flow relative to earnings, and short interest trends with advanced techniques like natural language processing of earnings call transcripts, supplemented by fundamental analysis from J.P. Morgan's core research team. The fund maintains a portfolio of approximately 80-120 holdings, with a focus on outperforming the Russell 1000 Growth Index through bottom-up stock selection emphasizing strong fundamentals and relative outperformance potential; top sectors include information technology (around 50%), consumer discretionary, and communication services, with leading positions typically in companies like Microsoft Corp., NVIDIA Corp., Apple Inc., Amazon.com Inc., and Meta Platforms Inc. It operates within the large growth category, targeting institutional investors with a minimum initial investment of $15 million for R6 shares and a net expense ratio of 0.34%; share classes include R6 (JGISX), R5 (JGIRX), R2 (JIGZX), I (JPGSX), C (JCICX), and A (JIGAX). Launched with inception dating to February 28, 2003, for the broader fund family and November 2, 2015, for the R6 share class, the fund is managed by J.P. Morgan Investment Management Inc., a subsidiary of JPMorgan Chase & Co., headquartered at 270 Park Avenue, New York, New York; it is domiciled in the United States and available for sale primarily to U.S. investors. Recent management changes include the promotion of fundamental analyst Grace Liu and quant analyst Ellen Sun to co-managers in November 2023, following the departure of quant co-manager Jonathan Tse in May 2023 and lead manager Jason Alonzo in May 2021, with Andrew Stern assuming lead responsibilities after serving as co-manager since November 2019 alongside quant lead Wonseok Choi; these adjustments have solidified team integration with J.P. Morgan's equity data science and core research resources since Hamilton Reiner's appointment as head of structured equity in late 2019. J.P. Morgan Asset Management announced plans in early 2025 to convert the U.S. GARP Equity mutual fund strategy to an exchange-traded fund structure in July 2026, pending fund board approval in February 2026, reflecting a strategic shift toward ETF offerings amid broader industry trends. The fund has maintained strong risk-adjusted performance, earning a five-star Morningstar rating as of June 30, 2025, in the large growth category, supported by disciplined factor tilts toward value, quality, and momentum that contributed to top-decile peer returns over recent three-year periods through mid-2025.