JPMorgan Equity Focus Fund Class A
JPFAX
Other OTC- -
USD
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- -
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
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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
- Jan 2, 2019
- CIK
- 0001217286
- Similar Companies
- Business
- JPMorgan Equity Focus Fund Class A (JPFAX) is an open-end mutual fund managed by J.P. Morgan Investment Management Inc. that seeks long-term capital appreciation primarily through investments in U.S. equity securities exhibiting durable franchises, sustainable competitive advantages relative to peers, market leadership, and strong management teams committed to shareholder value creation; the fund typically maintains a focused portfolio of no more than 40 stocks across growth and value styles with flexibility to overweight either based on market conditions or shift to cash when opportunities are limited; it invests at least 80% of its assets in such equities, including common stocks and convertible securities, targeting large-cap companies with robust balance sheets. The fund, with Class A shares bearing a ticker symbol of JPFAX, caters to retail and institutional investors seeking large-blend U.S. equity exposure and operates within the broader large blend category; it forms part of J.P. Morgan Asset Management's equity offerings, which emphasize bottom-up stock selection focused on undervalued firms with favorable long-term fundamentals. Launched with an inception date tracing back to the predecessor strategy on July 29, 2011, JPFAX is headquartered in New York, New York, at J.P. Morgan Asset Management's global base, with the broader firm conducting operations across the United States and international markets. In a significant strategic development, J.P. Morgan Asset Management successfully converted the JPMorgan Equity Focus Fund, including JPFAX share class assets totaling approximately $209 million as of mid-2023, into the actively managed JPMorgan Equity Focus ETF (JPEF) listed on Nasdaq, providing shareholders with enhanced intraday liquidity, transparency, reduced expense ratios at 0.50%, and potential tax efficiencies while retaining the identical investment objective and substantially similar strategies. Recent portfolio oversight reflects ongoing expertise from managers such as Felise Agranoff (since 2022) and Jack Caffrey (since 2024), amid the firm's active ETF expansion initiatives that have grown its lineup to include over $160 billion in active ETF assets under management globally.