JPMorgan Equity Income R6
OIEJX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- JPMorgan Equity Income Fund Class R6 (OIEJX) is an open-end mutual fund managed by J.P. Morgan Investment Management Inc. that seeks capital appreciation and current income by investing at least 80% of its assets in equity securities of U.S. corporations that regularly pay dividends, including common stocks, preferred stocks convertible into common stock, and debt securities; the fund primarily targets large-cap companies but may invest across all market capitalizations, focusing on those with durable franchises, consistent earnings, strong management teams, and the ability to sustain healthy dividends over the long term. The fund offers multiple share classes, including R6 shares (OIEJX) with a net expense ratio of 0.45%, alongside A (OIEIX), I (HLIEX), and others, and maintains a portfolio of approximately 84 holdings with top positions in financials such as Wells Fargo & Co. (3.5%) and Bank of America Corp. (3.0%), followed by names like Philip Morris International, Microsoft, and ConocoPhillips; sector allocations emphasize financials (26.6%), industrials (14.9%), health care (13.5%), and information technology (11.4%), with a weighted average market cap of $258 billion, P/E ratio of 18.35 (forward), and beta of 0.94 versus the Russell 1000 Value Index benchmark. Launched on July 2, 1987, with overall fund assets of $44.23 billion as of September 30, 2025, the fund is part of J.P. Morgan Funds distributed by JPMorgan Distribution Services, Inc., an affiliate of JPMorgan Chase & Co., and operates within the large value equity category targeting institutional and retirement plan investors seeking dividend income and growth. As of September 2025, the fund holds a Morningstar Silver Medalist Rating and 3-star overall rating (among 1,086 large value funds), with a 30-day SEC yield of 1.54% and 12-month rolling dividend yield of 1.69% for I shares; performance includes a 10-year annualized return of 10.72% and since-inception growth of a hypothetical $100,000 investment to over $3 million. While no fund-specific acquisitions, mergers, or name changes occurred in 2024-2025, J.P. Morgan Asset Management pursued broader strategic expansions including the August 2025 launch of the JPMorgan Equity and Options ETF (JOYT), enhancing its Equity Premium Income Suite with options overlays for total return; the firm also closed its Global Private Equity Fund XII at $1.4 billion in December 2025 and introduced global equity premium income strategies, reflecting ongoing innovation in income-oriented equity products amid volatile markets.