JPMorgan Mid Cap Equity R6
JPPEX
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
- Columbus OH 43240 Columbus OH United States of America 43240
- IPO Date
- Mar 18, 2014
- CIK
- 0001217286
- Website
- am.jpmorgan.com
- Similar Companies
- Business
- JPMorgan Mid Cap Equity Fund R6 (JPPEX) is an open-end mutual fund that seeks long-term capital growth by investing primarily in a diversified portfolio of U.S. mid-cap equity securities, including common stocks of companies with market capitalizations similar to those within the Russell Midcap Index at the time of purchase; it targets firms exhibiting above-average growth prospects, sustainable free cash flow generation, leading competitive positions, durable business models, and management capable of sustained growth; the fund employs a blend of quantitative and fundamental analysis, maintaining a portfolio of approximately 193 holdings across sectors such as financials (17.4%), industrials (16.8%), consumer discretionary (12.6%), information technology (12.0%), and health care (10.7%), with top holdings including Fidelity National Information Services, Inc. (1.3%), Raymond James Financial, Inc. (1.2%), and WEC Energy Group, Inc. (1.2%). Launched on March 14, 2014, the R6 share class is managed by a team at J.P. Morgan Asset Management, including portfolio managers Michael Stein (18 years experience), Lawrence Playford (32 years), Felise Agranoff (21 years), Jeremy Miller (25 years), and Ryan Jones (19 years); the fund, with approximately $5.53 billion in assets under management as of June 30, 2025, carries a net expense ratio of 0.60% (gross 0.70%), a minimum initial investment of $15 million, and a Morningstar Bronze Medalist Rating as of May 31, 2025, reflecting strong process, people, and parent pillars; it benchmarks against the Russell Midcap Index and is distributed by JPMorgan Distribution Services, Inc., an affiliate of JPMorgan Chase & Co., headquartered in New York. The fund operates within the mid-cap blend category, serving institutional and high-net-worth investors seeking exposure to U.S. mid-cap equities; it is available across multiple share classes (e.g., R5: JMEEX, R2: JMCEX, I: VSNGX, C: JMCCX, A: JCMAX) with varying fee structures and minimums; geographically, its investments focus exclusively on U.S.-domiciled mid-cap companies. In recent developments, the fund maintained its Morningstar Overall 4-star rating as of June 30, 2025 (among 379 mid-cap blend funds), with portfolio turnover at 38% and a weighted average market cap of $31.12 billion; J.P. Morgan Asset Management, the fund's adviser, continued fee waivers through October 31, 2025, capping total annual operating expenses at 0.60%; while no fund-specific acquisitions, mergers, or name changes occurred in the last 1-2 years, the parent organization expanded its mid-cap focus in September 2025 by hiring three senior bankers (Rohan Juneja, Ryan Lake, and Lauren Vitale) to bolster its mid-cap investment banking team, completing over 175 transactions year-to-date amid market volatility.