Diversified Emerging Mkts

Summary

The investment seeks to provide high total return.
Fund Assets (millions) $6,261.1
Portfolio Managers 4
Fund Inception Nov 15, 1993
Gross Expense Ratio 1.06%
Fund Family JPMorgan
Prospectus (PDF)

Returns at NAV

Returns at MOP

Asset Mix

Short % 0% Long %
U.S. Stocks 0.0
2.8
Non-U.S. Stocks 0.0
97.3
U.S. Bonds 0.0
0.0
Non-U.S. Bonds 0.0
0.0
Convertible 0.0
0.0
Preferred 0.0
0.0
Other 0.0
0.0
Cash 0.2
0.0
As of 3/31/2025
Read important information about results and other investment disclosures
This chart tracks a hypothetical investment, with dividends reinvested, through April 30, 2025
JEMSX
MSCI ACWI Ex USA NR USD

Market Capitalization

$0.0 Mil
Average

Giant
68.9%
Large
19.6%
Medium
9.2%
Small
2.3%
Micro
0.0%

As of 3/31/2025

Morningstar Ownership ZoneTM

Diversified Emerging Mkts
Weighted average of holdings
75% of fund's stock holdings
As of 3/31/25
INSIGHTS ON THE MORNINGSTAR OWNERSHIP ZONE

Investment Strategy

The fund invests at least 80% of the value of its assets in equity securities and equity-related instruments that are tied economically to emerging markets. "Assets" means net assets, plus the amount of borrowings for investment purposes. It may invest in securities denominated in U.S. dollars, other major reserve currencies, such as the euro, yen and pound sterling, and currencies of other countries in which it can invest.

Fund Facts

Fund Inception Nov 15, 1993
Fund Assets (Millions) $6,261.1
Dividend Distribution Frequency Annually
Minimum Investment $1,000,000
Capital Gains Distribution Frequency Annually
Turnover 36%
Fiscal Year-End Oct
Prospectus Date Mar 1, 2025

Returns

Month-End Returns as of 4/30/25

Returns at NAV
| at MOP
Read important information about results and other investment disclosures
JEMSX
MSCI ACWI Ex USA NR USD
ANNUAL RETURNS CHART

Quarter-End Returns as of 3/31/25

Yield & Valuation

12-Month Distribution Rates (NAV)
--
30-Day SEC Yield (Gross | Net) -- | --
Price/Book 2.47
Price/Cash Flow 6.13
Price/Earnings 13.09
As of 4/30/2025

Portfolio Management

Read important investment disclosures
Years of Experience With Fund
Austin Forey 19 yrs
Leon Eidelman 12 yrs
Amit Mehta 12 yrs
John Citron 0 yrs
As of 4/30/2025

Ratings & Risk

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(722)
3-yr. Morningstar RatingTM
(722 funds rated)
5-yr. Morningstar RatingTM
(639 funds rated)
10-yr. Morningstar RatingTM
(440 funds rated)
Overall Morningstar Risk Above Average
HIGH
LOW
Morningstar Category
Diversified Emerging Mkts
ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS
Ratings are based on risk-adjusted returns as of 4/30/2025.

Risk Measures

Fund
Standard Deviation
17.74
Sharpe Ratio
0.20
R-squared
75
Beta
1.03
Capture Ratio (Downside/Upside)
104/100
American Funds and Morningstar Benchmark for the 10 Years Years ending 4/30/25 R-squared, Beta and Capture Ratio calculated using the Morningstar EM TME NR USD.

Holdings

Equities Breakdown

Sectors
Equity Fund Holdings
 Technology 26.4%
Financial Services 21.6%
Consumer Cyclical 19.5%
Industrials 10.6%
Communication Services 9.0%
Consumer Defensive 5.1%
Healthcare 3.1%
Energy 2.4%
Basic Materials 1.2%
Utilities 1.1%
Real Estate 0.0%

Percentage of net assets as of 3/31/2025

Top 10 Holdings

Taiwan Semiconductor Manufacturing Co Ltd ADR
7.4%
Tencent Holdings Ltd
6.9%
SK Hynix Inc
3.4%
MercadoLibre Inc
2.9%
Taiwan Semiconductor Manufacturing Co Ltd
2.8%
Bajaj Finance Ltd
2.6%
Banco Bilbao Vizcaya Argentaria SA
2.3%
Alibaba Group Holding Ltd ADR
2.2%
Midea Group Co Ltd Class A
2.0%
Yum China Holdings Inc
1.9%

Percentage of net assets as of 3/31/2025

Geographic Breakdown

Regions | Top Countries
Greater Asia
72.7%
Americas
17.0%
Greater Europe
8.4%
Percentage of net assets as of 3/31/2025

Fees & Expenses

Fees

Annual Management Fees 0.68%
Service 12b-1 --
Maximum Sales Charge --
As of each fund's most recent prospectus.

Expense Ratio

Gross
JEMSX 1.06%
Morningstar Category: Diversified Emerging Mkts 1.97%
Fund as of most recent prospectus. Morningstar Category as of 4/30/25.