JOELX Performance — JPMorgan Opportunistic Equity Long/Short Fund, Class A
Data updated: 2023-09-28
JOELX returned −1.89% over one year to Jul 2023. Over one year the fund beat its Global Real Estate category average: $100 grew to $98, against $95 for the category. Volatility over the past 12 months was 7.57% a year. In the 12 months to Jul 2023 the fund lost a net $308.5M, and assets reached $207.99M.
JOELX Growth of $100
What $100 invested in JPMorgan Opportunistic Equity Long/Short Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Real Estate category average over the same months.
| Period | JOELX | Category average |
|---|---|---|
| 1 year (Aug 2022 – Jul 2023) | $98 | $95 |
| 3 years (Aug 2020 – Jul 2023) | $105 | $113 |
| Since data start (Aug 2019 – Jul 2023) | $115 | $106 |
JOELX Trailing Returns
Total returns to Jul 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −1.89% |
3- and 5-year figures withheld: not verified.
JOELX Annual Returns
Calendar-year total returns of JPMorgan Opportunistic Equity Long/Short Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Jul) | +0.06% |
| 2022 | −19.58% |
| 2021 | +12.09% |
| 2020 | +26.88% |
| 2019 (Aug–Dec) | +0.62% |
JOELX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | −2.7% | −3.7% | +2.2% | −1.9% | +2.9% | +2.1% | +1.4% | — | — | — | — | — |
| 2022 | −9.6% | −3.3% | +0.1% | −3.0% | −2.0% | +1.2% | −2.5% | −1.1% | −1.8% | −0.6% | −0.3% | +2.0% |
| 2021 | −1.8% | +3.1% | −2.2% | +5.9% | −0.4% | +1.1% | 0.0% | −2.2% | −2.1% | +7.7% | +1.7% | +1.2% |
| 2020 | +1.5% | −2.7% | +2.7% | +1.1% | +1.0% | −0.7% | +5.7% | +9.8% | −0.7% | −2.9% | +6.6% | +3.4% |
| 2019 | — | — | — | — | — | — | — | +0.2% | −2.3% | −0.1% | +3.0% | −0.2% |
JOELX Risk
Risk measures from monthly returns over Aug 2022 – Jul 2023.
- 1-year volatility (annualised): 7.57%
- Best month: +2.89% (May 2023)
- Worst month: −3.72% (Feb 2023)
JOELX Fund Flows
Monthly money in and out of JPMorgan Opportunistic Equity Long/Short Fund, from SEC Form N-PORT.
- 12-month net flow: −$308.5M
- 12-month gross sales (incl. reinvestments): $81.2M
- Sales ÷ redemptions: 0.21×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2023 | $1.9M | $14.4M | −$12.4M |
| Jun 2023 | $2.3M | $15.6M | −$13.3M |
| May 2023 | $4.0M | $44.3M | −$40.3M |
| Apr 2023 | $2.4M | $52.4M | −$50.0M |
| Mar 2023 | $3.7M | $34.8M | −$31.1M |
| Feb 2023 | $6.2M | $46.8M | −$40.7M |
| Jan 2023 | $6.9M | $51.8M | −$44.9M |
| Dec 2022 | $9.3M | $27.5M | −$18.2M |
| Nov 2022 | $8.0M | $29.7M | −$21.7M |
| Oct 2022 | $11.8M | $22.6M | −$10.8M |
| Sep 2022 | $17.8M | $32.1M | −$14.3M |
| Aug 2022 | $6.8M | $17.6M | −$10.9M |
JOELX Assets Under Management
Net assets of JPMorgan Opportunistic Equity Long/Short Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-07-31 | $207.99M |
| 2023-04-30 | $259.70M |
| 2023-01-31 | $393.39M |
| 2022-10-31 | $482.41M |
| 2022-07-31 | $536.35M |
| 2022-04-30 | $617.18M |
| 2022-01-31 | $705.87M |
| 2021-10-31 | $743.15M |
| 2021-07-31 | $690.48M |
| 2021-04-30 | $648.33M |
| 2021-01-31 | $566.46M |
| 2020-10-31 | $484.84M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.