Investment objective & strategy
As of April 24, 2025 · prospectusObjective. The investment objective of the Fund is to seek capital growth over the long-term.
Strategy. Under normal circumstances, the Fund invests at least 80% of its assets (net assets plus the amount of any borrowings made for investment purposes) in a broad portfolio of common stocks of companies with market capitalizations equal to those within the universe of Russell MidCap Growth Index stocks at the time of purchase. As of December 31, 2024, the market capitalization range for the Russell MidCap Growth Index was $1.932 billion to $125.8 billion. The Fund may use derivatives to hedge various investments, for risk management and to increase the Funds income or gain. The Fund may also invest up to 20% of its total assets in all types of foreign securities. The Fund maintains the flexibility to invest in … Under normal circumstances, the Fund invests at least 80% of its assets (net assets plus the amount of any borrowings made for investment purposes) in a broad portfolio of common stocks of companies with market capitalizations equal to those within the universe of Russell MidCap Growth Index stocks at the time of purchase. As of December 31, 2024, the market capitalization range for the Russell MidCap Growth Index was $1.932 billion to $125.8 billion. The Fund may use derivatives to hedge various investments, for risk management and to increase the Funds income or gain. The Fund may also invest up to 20% of its total assets in all types of foreign securities. The Fund maintains the flexibility to invest in securities of companies from a variety of sectors, but from time to time, based on economic conditions, the Fund may have significant investments in particular sectors.
Top holdings
As of March 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| HOWMET AEROSPACE INC | — | $108.58M | 3.49% |
| HILTON WORLDWIDE HOLDINGS INC | — | $107.18M | 3.44% |
| VERTIV HOLDINGS CO | — | $105.23M | 3.38% |
| ROYAL CARIBBEAN CRUISES LTD | — | $97.23M | 3.12% |
| QUANTA SVCS INC | — | $90.86M | 2.92% |
| COMFORT SYSTEMS USA INC | — | $80.20M | 2.57% |
| CENCORA INC | — | $78.02M | 2.50% |
| INSMED INC | — | $69.70M | 2.24% |
| CLOUDFLARE INC-A | — | $69.25M | 2.22% |
| ALNYLAM PHARMACEUTICALS INC | — | $63.79M | 2.05% |
Portfolio moves
Dec 31, 2025 → Mar 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Mid Cap Growth Stock Portfolio | 99% | 0.54% |
| JPMorgan Mid Cap Growth Fund · HLGEX, OSGIX, OMGCX, JMGZX, JMGFX, JMGMX, JMGPX, JMGQX | 98% | 0.65% |
| SA JPMorgan Mid-Cap Growth Portfolio | 92% | 0.75% |
Advisers
| Firm | Role |
|---|---|
| J.P. Morgan Investment Management, Inc. | Sub-adviser |
| Jackson National Asset Management, LLC | Adviser |
Footnotes
- Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
Machine-readable: JSON · Markdown. Programmatic access via the agent surface.