JPDEX Performance — JPMorgan Tax Aware Equity Fund, Class I
Data updated: 2024-01-16
JPDEX returned +12.34% over one year to Oct 2023. The annualised 3-year return is +9.77%. Against its International Value category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $132, against $126 for the category, and to $112 over one year, against $113. Volatility over the past three years was 17.67% a year. In the 12 months to Oct 2023 the fund lost a net $288.4M, and assets reached $806.31M.
JPDEX Growth of $100
What $100 invested in JPMorgan Tax Aware Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Value category average over the same months.
| Period | JPDEX | Category average |
|---|---|---|
| 1 year (Nov 2022 – Oct 2023) | $112 | $113 |
| 3 years (Nov 2020 – Oct 2023) | $132 | $126 |
| Since data start (Aug 2019 – Oct 2023) | $158 | $121 |
JPDEX Trailing Returns
Total returns to Oct 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +12.34% |
| 3 years (annualised) | +9.77% |
JPDEX Annual Returns
Calendar-year total returns of JPMorgan Tax Aware Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Oct) | +12.77% |
| 2022 | −19.86% |
| 2021 | +28.02% |
| 2020 | +25.38% |
| 2019 (Aug–Dec) | +8.92% |
JPDEX 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 | +5.0% | −2.2% | +4.9% | +1.7% | +1.9% | +5.0% | +3.0% | −1.8% | −3.4% | −1.5% | — | — |
| 2022 | −6.1% | −2.9% | +3.5% | −10.1% | −0.1% | −7.7% | +9.9% | −4.2% | −8.3% | +6.3% | +6.3% | −6.3% |
| 2021 | −1.4% | +3.3% | +3.7% | +6.4% | +0.5% | +2.3% | +3.2% | +3.0% | −5.8% | +7.0% | −0.3% | +3.9% |
| 2020 | +1.3% | −7.7% | −11.7% | +13.5% | +5.8% | +3.4% | +6.4% | +8.6% | −4.4% | −3.2% | +10.3% | +3.7% |
| 2019 | — | — | — | — | — | — | — | −1.5% | +0.5% | +2.7% | +3.8% | +3.2% |
JPDEX Risk
Risk measures from monthly returns over Nov 2020 – Oct 2023.
- 3-year volatility (annualised): 17.67%
- 3-year Sharpe ratio: 0.30 (vs 4.5% risk-free rate)
- Best month: +10.29% (Nov 2020)
- Worst month: −10.05% (Apr 2022)
JPDEX Fund Flows
Monthly money in and out of JPMorgan Tax Aware Equity Fund, from SEC Form N-PORT.
- 12-month net flow: −$288.4M
- 12-month gross sales (incl. reinvestments): $198.3M
- Sales ÷ redemptions: 0.41×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Oct 2023 | $8.2M | $17.1M | −$8.9M |
| Sep 2023 | $9.8M | $10.7M | −$907K |
| Aug 2023 | $8.5M | $17.9M | −$9.4M |
| Jul 2023 | $8.0M | $8.7M | −$691K |
| Jun 2023 | $14.0M | $13.3M | $702K |
| May 2023 | $10.3M | $59.1M | −$48.7M |
| Apr 2023 | $7.3M | $11.3M | −$4.0M |
| Mar 2023 | $9.3M | $14.6M | −$5.3M |
| Feb 2023 | $6.7M | $74.0M | −$67.3M |
| Jan 2023 | $9.0M | $114.0M | −$105.0M |
| Dec 2022 | $86.0M | $86.4M | −$415K |
| Nov 2022 | $21.0M | $59.4M | −$38.5M |
JPDEX Assets Under Management
Net assets of JPMorgan Tax Aware Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-10-31 | $806.31M |
| 2023-07-31 | $884.90M |
| 2023-04-30 | $852.72M |
| 2023-01-31 | $894.83M |
| 2022-10-31 | $1.07B |
| 2022-07-31 | $1.13B |
| 2022-04-30 | $1.17B |
| 2022-01-31 | $1.32B |
| 2021-10-31 | $1.44B |
| 2021-07-31 | $1.43B |
| 2021-04-30 | $1.34B |
| 2021-01-31 | $1.20B |
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.