JPMorgan Equity Income A
OIEIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
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
- New York, NY 10167 New York NY United States of America 10167
- IPO Date
- Feb 18, 1992
- CIK
- 0000763852
- Website
- am.jpmorgan.com
- Similar Companies
- Business
- JPMorgan Equity Income Fund Class A (OIEIX) is an open-end mutual fund managed by J.P. Morgan Investment Management Inc. that seeks capital appreciation and current income by investing, under normal circumstances, at least 80% of its assets in equity securities of corporations that regularly pay dividends, including common stocks, preferred securities convertible to common stock, and debt securities; although it primarily targets large-cap value stocks across sectors such as financial services, healthcare, industrials, technology, and consumer defensive, it may invest across all market capitalizations with a portfolio typically holding 85-110 stocks and emphasizing high-quality U.S. companies with attractive valuations, healthy and sustainable dividends, and lower volatility relative to the broad market. The fund, domiciled in the United States and available for sale primarily to U.S. investors with a minimum initial investment of $1,000, maintains geographic focus on U.S. equities (approximately 97.5% allocation), supplemented by minor non-U.S. stock exposure, cash, and sector diversification aligned with the Russell 1000 Value Index while allowing up to 10 percentage point deviations in sector weightings. Launched on February 18, 1992, with total net assets exceeding $41 billion and the Class A share class at about $4.39 billion, it is part of JPMorgan Trust II, headquartered at 277 Park Avenue, New York, New York, under the oversight of J.P. Morgan Asset Management. Recent major changes include the retirement of longtime lead portfolio manager Clare Hart in fall 2024 after a two-decade tenure that delivered a 9.4% annualized return for institutional shares outperforming the large-value category and Russell 1000 Value Index, with David Silberman (since November 2019) and Andrew Brandon assuming co-management responsibilities and maintaining her prudent, research-driven approach evidenced by 90% portfolio continuity from June 2024 to June 2025; the fund has sustained low annual turnover of around 20% under their leadership. In December 2025, J.P. Morgan Asset Management announced plans to convert select U.S. mutual funds totaling nearly $5 billion in assets to ETFs in 2026, reflecting a strategic shift toward the fast-growing active ETF complex, though specific inclusion of OIEIX remains unconfirmed. Broader firm developments encompass the August 2025 launch of the JPMorgan Equity and Options ETF (JOYT), expanding the Equity Premium Income Suite with options-based total return strategies managed by Hamilton Reiner's team, and the December 2025 closing of Global Private Equity Fund XII by J.P. Morgan's Private Equity Group, underscoring ongoing product innovation and capital raising within asset management.