JPMorgan Large Cap Value Fund Class R2
JLVZX
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
- 277 Park Avenue New York NY United States of America 10172
- IPO Date
- Nov 3, 2008
- CIK
- 0000763852
- Website
- am.jpmorgan.com
- Similar Companies
- Business
- JPMorgan Large Cap Value Fund Class R2 (JLVZX) is an open-end mutual fund managed by J.P. Morgan Investment Management Inc., a division of JPMorgan Asset Management, that seeks capital appreciation primarily through a portfolio of U.S. large-cap value stocks; it employs fundamental analysis to identify companies with underappreciated long-term growth potential, attractive valuations, catalysts for stock price increases, higher reward versus risk, and temporary mispricings caused by market overreactions. The fund offers Class R2 shares with no minimum initial investment, net annual expenses of 1.190%, and a research-driven approach focusing on the most undervalued securities in each sector; its portfolio typically holds approximately 98 equity positions with a weighted average market cap of $182.94 billion, a 1-year forward P/E ratio of 15.32, and a 3-year beta of 1.05 relative to the Russell 1000 Value Index benchmark. Top holdings as of June 30, 2025, include Bank of America Corp. (3.1%), Wells Fargo & Co. (3.1%), Philip Morris International, Inc. (3.1%), Western Digital Corp. (2.7%), and Amazon.com, Inc. (2.3%), with sector allocations overweight in industrials (15.6%), information technology (12.3%), and materials (6.5%) compared to the benchmark. The fund, part of J.P. Morgan Funds distributed by JPMorgan Distribution Services, Inc., traces its strategy inception to March 1, 1991 (predecessor performance), with Class R2 shares (CUSIP 4812C2551) launched on November 3, 2008; it is headquartered in New York, New York, at 245 Park Avenue, reflecting the global operations of JPMorgan Chase & Co., which maintains its primary U.S. asset management presence there. JLVZX targets retirement and institutional investors in the large value category, with total fund assets of approximately $5.05-$5.1 billion, a TTM yield of 0.78%, portfolio turnover of 167%, and a Morningstar Bronze Medalist Rating (as of October 10, 2024) and 3-star overall rating (as of June 30, 2025); it has delivered strong long-term performance, with institutional shares annualized at 12.2% from April 2013 through September 2024, outperforming the Russell 1000 Value Index (10.4%) and large-value peers (10.0%), managed by experienced portfolio managers Scott Blasdell (31 years) and John Piccard (33 years). In recent years, portfolio manager Scott Blasdell has implemented strategic shifts from July 2024 to July 2025, reducing exposure to traditional value sectors like financials and real estate by 6 percentage points each to enhance positioning amid market dynamics; while no fund-specific acquisitions or launches were noted for JLVZX, its parent J.P. Morgan Asset Management has pursued broader expansions, including launching the JPMorgan Active High Yield ETF (JPHY) in June 2025—its largest active ETF debut anchored by $2 billion in institutional commitments—and closing Global Private Equity Fund XII at $1.4 billion in December 2025, alongside new active ETFs like the JPMorgan Flexible Income ETF in February 2025, signaling ongoing innovation in multi-asset and income strategies.