Fund Facts  

Inception Date: Sep 7, 2001
Ticker Symbol: JUESX
Morningstar Category:Large Blend
As of Mar 31, 2016
Fund Net Assets ($millions) $12,173

Documents for Fund or Underlying Fund(s)  

Description

Objective  

The investment seeks to provide high total return from a portfolio of selected equity securities.

Principal Investment Strategies  

Under normal circumstances, the fund invests at least 80% of its assets in equity securities of U.S. companies. "Assets" means net assets, plus the amount of borrowings for investment purposes. In implementing its strategy, the fund primarily invests in common stocks of large- and medium-capitalization U.S. companies, but it may also invest up to 20% of its assets in common stocks of foreign companies, including depositary receipts.

Principal Investment Risks  

There is no guarantee that the Fund will achieve its investment objective. You may lose money by investing in the Fund. Please see the Risk Glossary for additional information about the Fund’s risks.

 

Performance & Expenses

Standard Performance As of Mar 31, 2016
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
JPMorgan US Equity Selecta-0.91%-0.91%-1.98%11.64%11.11%8.11%7.12%
S&P 500 Indexa,b1.35%1.35%1.78%11.82%11.58%7.01%N/A
Morningstar Large Blenda,c0.30%0.30%-1.96%9.62%9.61%5.98%N/A

Fund past performance, as shown, is no guarantee of how the fund will perform in the future. The performance shown has been annualized for periods greater than one year. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. For current performance, visit www.icmarc.org.

Fund performance is shown comparing it to a "benchmark" which may be a (i) broad-based securities market index (ii) a group of mutual funds with similar investment objectives, or (iii) a short term government backed debt obligation such as a U.S. Treasury Bill. An index is not available for direct investment, is unmanaged, and does not reflect the costs of portfolio management or trading. A fund's portfolio may differ from the securities held in an index.

Annual Fund Operating Expenses
Total annual fund operating expensesa0.79%
Fee waiver and/or expense reimbursement0.03%
Total expenses0.76%

A contractual expense waiver exists for this fund and will expire on 10-31-2016.

 

a. Returns and/or expenses provided by Morningstar, Inc. Copyright © 2016. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. ICMA-RC does not independently verify Morningstar data.

b. The S&P 500 Index consists of 500 companies representing larger capitalization stocks traded in the U.S.

c. The Morningstar Category Average is the equal-weighted average return of all funds per category, as identified by Morningstar, Inc.

Distributions

Dividends and Capital Gains  
Record Date Ex/Payable Date Income/Capital Gains Paid Per Share
Mar 29, 2016Mar 29, 2016$0.034210000
Dec 21, 2015Dec 21, 2015$0.035180000
Dec 11, 2015Dec 11, 2015$0.696500000
Sep 28, 2015Sep 28, 2015$0.030660000
Jun 26, 2015Jun 26, 2015$0.034880000
Mar 27, 2015Mar 27, 2015$0.022180000
Dec 19, 2014Dec 19, 2014$0.064960000
Dec 12, 2014Dec 12, 2014$1.268250000
Sep 30, 2014Sep 30, 2014$0.033340000
Jun 30, 2014Jun 30, 2014$0.036480000
Mar 31, 2014Mar 31, 2014$0.029370000
Dec 20, 2013Dec 20, 2013$0.027610000
Dec 12, 2013Dec 12, 2013$0.969880000
Sep 30, 2013Sep 30, 2013$0.031260000
Jun 28, 2013Jun 28, 2013$0.032490000
Mar 28, 2013Mar 28, 2013$0.025020000
Dec 18, 2012Dec 18, 2012$0.055580000
Dec 13, 2012Dec 13, 2012$0.236940000
 

Morningstar Information

Morningstar Rating   As of Mar 31, 2016
Period Stars Category Size
Overall 5 Stars1398
3-Year 4 Stars1398
5-Year 4 Stars1225
10-Year 5 Stars893

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, fee waivers, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. For funds with loads, the Morningstar rating on a load-waived basis is provided, when available. Load-waived ratings do not include any front- or back-end sales loads and are intended for investors that have access to such purchase terms. Funds with loads are waived for plans administered by ICMA-RC. Past performance is no guarantee of future results.

Morningstar Stylebox As of Mar 31, 2016
Equity Stylebox
Large Growth
Allocation of Assets As of Feb 29, 2016
Type of Asset Percent
Equity99%
Fixed Income0%
Cash/Other1%

Due to rounding, percentages shown may not add up to 100%.

 
 

Characteristics

Allocation of Assets As of Feb 29, 2016
Asset ClassPercent
Domestic Stock95.1%
Foreign Stock3.5%
Domestic Bond0.0%
Foreign Bond0.0%
Preferred0.0%
Convertible0.0%
Cash1.5%
Other0.0%

Due to rounding, percentages shown may not add up to 100%.

 
Equity Sector As of Feb 29, 2016
SectorPercent
Technology21.3%
Financial Services16.0%
Healthcare15.4%
Consumer Cyclical14.0%
Industrials9.1%
Consumer Defensive6.8%
Energy6.7%
Basic Materials3.1%
Communication Services3.1%
Utilities2.2%
Real Estate0.8%

Exposure reflects equity securities only and will sum to the equity exposure of the fund.

 
Top Ten Holdings As of Feb 29, 2016
Holding NamePercent
Microsoft Corp3.5%
Apple Inc3.0%
Wells Fargo & Co2.5%
Broadcom Ltd2.4%
Lowe's Companies Inc2.3%
Alphabet Inc C2.1%
Chubb Ltd2.0%
UnitedHealth Group Inc1.8%
Occidental Petroleum Corp1.8%
Time Warner Inc1.7%
 

Statistics

Portfolio Statistics As of Mar 31, 2016
Statistic3-Year5-Year
Beta1.061.06
Alpha-0.45-0.85
Standard Deviation12.2013.37
 
 

Footnotes

1.

Please read the fund's prospectus carefully for a complete summary of all fees, expenses, investment objectives and strategies, risks, financial highlights, and performance information. Investing involves risk, including possible loss of the amount invested. Investors should carefully consider the information contained in the prospectus before investing. You may contact us to obtain a prospectus or to answer questions by calling 800-669-7400, emailing investorservices@icmarc.org, or visiting www.icmarc.org.

The source for this information is Morningstar, Inc. Copyright © 2016 Morningstar, Inc.® All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc. is a global investment research firm that is not affiliated with ICMA-RC. ICMA-RC does not independently verify Morningstar data.

Morningstar places funds in certain categories based on the fund's historical portfolio holdings. Placement of a fund in a particular Morningstar category does not mean that the fund will remain in that category or that it will invest primarily in securities consistent with its Morningstar category. A fund's investment strategy and portfolio holdings are governed by its prospectus, guidelines or other governing documents, not its Morningstar category.