JPMorgan Equity Index provides a broadly diversified and low-turnover portfolio that is representative of U.S. large-cap stocks. Its competitive expense ratio gives it a durable performance edge over category peers. Under our new ratings framework, the R6 share class warrants a Morningstar Analyst Rating upgrade to Gold from Silver due to its lower fee; the more expensive share classes maintain Silver and Bronze ratings.
JPMorgan Equity Index I HLEIX
NAV / 1-Day Return
69.21
/
0.30
%
Total Assets
8.1 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.200%
Expense Ratio
0.200%
Fee Level
Low
Longest Manager Tenure
17.81
years
Category
Large Blend
Investment Style
Large BlendMin. Initial Investment
1,000,000
Status
Open
TTM Yield
1.12%
Turnover
26%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will HLEIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HLEIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the HLEIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of HLEIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A solid option for U.S. large-cap exposure.
