# JPMorgan U.S. Equity Fund (JMUEX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/jmuex for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: JPMorgan · Asset class: Equity - Strategy: Actively Managed · Inception: 1993-09-17 The JPMorgan U.S. Equity Fund typically allocates at least 80% of its total investment capital to stocks issued by companies based in the United States. For this purpose, "assets" refers to the fund's net worth combined with any money borrowed for investment activities. While its core strategy involves investing in common shares of large and mid-sized American corporations, the fund also has the flexibility to invest up to 20% of its holdings in common stocks of non-U.S. companies, including through instruments like depositary receipts. ## Key Facts | Metric | Value | |---|---| | Price | $27.55 | | Expense Ratio | 0.56% | | AUM (All Share Classes) | $30.48B | | NAV | $27.55 (2026-11-06 close) | | Holdings Count | — | | Distribution Yield (TTM) | 5.70% | | Annual Distribution (TTM) | $1.57 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $24.15 – $29.18 | | Beta | 1.00 | ## Latest Distribution - Amount: $0.0337 /share - Ex-date: 2026-09-28 - Pay date: 2026-09-29 ## Frequently Asked Questions ### What does JMUEX invest in? The JPMorgan U.S. Equity Fund typically allocates at least 80% of its total investment capital to stocks issued by companies based in the United States. For this purpose, "assets" refers to the fund's net worth combined with any money borrowed for investment activities. While its core strategy involves investing in common shares of large and mid-sized American corporations, the fund also has the flexibility to invest up to 20% of its holdings in common stocks of non-U.S. companies, including through instruments like depositary receipts. ### What is the expense ratio of JMUEX? JPMorgan U.S. Equity Fund (JMUEX) charges an expense ratio of 0.56%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is JMUEX? JPMorgan U.S. Equity Fund (JMUEX) is one share class of a fund that manages $30.48B across all of its share classes (JUEAX, JUEMX, JUEPX, JUESX, JUEZX, JUSRX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is JMUEX actively managed or an index fund? JMUEX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (JMUEX's is 0.56%) in exchange for the discretion to over- or under-weight positions. ### When was JMUEX launched? JPMorgan U.S. Equity Fund (JMUEX) launched in September 1993 and is managed by JPMorgan. ### How has JMUEX performed? JMUEX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does JMUEX pay a dividend? JPMorgan U.S. Equity Fund (JMUEX) currently distributes little or no income. Trailing-twelve-month yield is 5.70%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does JMUEX pay dividends? JPMorgan U.S. Equity Fund pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is JMUEX's dividend yield? JMUEX's trailing-twelve-month yield is 5.70%, calculated from the sum of dividends over the past year divided by the current price. ### When is JMUEX's next ex-dividend date? The most recently announced ex-dividend date for JMUEX was 2026-09-28. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will JMUEX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.56% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does JMUEX charge its expense ratio? The expense ratio is deducted in tiny daily slices from JMUEX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does JMUEX cost more than a fund like VOO? JMUEX is actively managed (current expense ratio 0.56%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether JMUEX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to JMUEX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as JMUEX (0.56%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/jmuex - Distribution history: https://www.dividenddata.com/funds/jmuex/dividend - Holdings & diversification: https://www.dividenddata.com/funds/jmuex/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/jmuex/expenses - Peer comparison: https://www.dividenddata.com/funds/jmuex/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.