Morningstar® Investment Profile™   Morningstar® Disclosure   Format for Print JPMorgan Mid Cap Growth A  OSGIX Release date as of 2024-04-30. Data on page is subject to change. Snapshot Total Returns Ratings & Risk Portfolio Nuts & Bolts

Morningstar Report Overall Morningstar Rating™ What is this? As of 2024-04-30 Out of 511 Mid-Cap Growth Funds Morningstar® Style Box™ What is this? As of 2024-03-31 Total Fund Assets ($ Mil) 10,799.96 View Historical Morningstar Star Ratings and Definitions

Investment Objective & Strategy   The investment seeks growth of capital. Under normal circumstances, at least 80% of the fund's assets will be invested in equity securities of mid cap companies, including common stocks and debt securities and preferred securities that are convertible to common stocks. "Assets" means net assets, plus the amount of borrowings for investment purposes. The fund invests primarily in common stocks of mid cap companies which the fund's adviser believes are capable of achieving sustained growth.

Morningstar Category: Mid-Cap Growth Some mid-cap growth portfolios invest in stocks of all sizes, thus leading to a mid-cap profile, but others focus on midsize companies. Mid-cap growth portfolios target U.S. firms that are projected to grow faster than other mid-cap stocks, therefore commanding relatively higher prices. Stocks in the middle 20% of the capitalization of the U.S. equity market are defined as mid-cap. Growth is defined based on fast growth (high growth rates for earnings, sales, book value, and cash flow) and high valuations (high price ratios and low dividend yields).

Performance Growth of $10,000 (from 2014-01-01 to 2024-04-30) Investment: JPMorgan Mid Cap Growth A Benchmark 1: S&P 500 TR USD Benchmark 2: Russell Mid Cap Growth TR USD Category: Mid-Cap Growth This graph presents historical performance for the investment as well as an index and/or peer group. If the investment, index and/or peer group have performed similarly, the line representing the fund will overlay the index and/or peer group. Therefore, the line(s) representing the index and/or peer group history may be hidden. Total Annualized Returns % YTD 1 Year 3 Year 5 Year 10 Year Since Inception Investment 3.74 20.13 -1.04 10.87 11.22 10.74 S&P 500 TR USD 6.04 22.66 8.06 13.19 12.41 10.74 Russell Mid Cap Growth TR USD 3.14 20.70 0.70 9.52 10.85 --- Category 2.51 17.39 -2.66 8.30 9.73 10.04 Morningstar Rating --- --- --- # of compared Mid-Cap Growth funds covered (3 yrs : out of 511 funds) (5 yrs : out of 478 funds) (10 yrs : out of 385 funds) Ratings reflect risk-adjusted performance and are derived from a weighted average of the performance figures associated with its three, five and ten-year (if applicable) time periods. Investment results shown represent historical performance and do not guarantee future results. Investment returns and principal values fluctuate with changes in interest rates and other market conditions so the value, when redeemed may be worth more or less than original costs. Current performance may be lower or higher than the performance data shown. Fees and Expenses Total Annual Operating Expense 1.26% Prospectus Net Expense Ratio 1.14% Maximum Sales Charge 5.25% The total annual operating expense shown is before management fee waivers or expense caps. For more information on waivers/reimbursements, please see the prospectus. The total annual operating expense is also referred to as the prospectus gross expense ratio. Waiver Data Type Date % ExpenseRatio Contractual 2024-10-31 0.12

Portfolio Profile Asset Allocation % of Net Assets U.S. Stocks 98.1 Non-U.S. Stocks 0.5 Bonds 0.0 Cash 1.3 Other 0.1 Data through 2024-03-31 Morningstar Equity Sectors % of Stocks Cyclical 24.51 Basic Materials 1.33 Consumer Cyclical 12.06 Financial Services 11.12 Real Estate 0.00 Sensitive 54.04 Communication Services 3.00 Energy 3.09 Industrials 19.62 Technology 28.33 Defensive 21.45 Consumer Defensive 1.57 Healthcare 19.88 Utilities 0.00 Data through 2024-03-31 Holding Status Total Number of Stock Holdings 110 Total Number of Bond Holdings 0 % of Net Assets in Top 10 Holdings 19.52 Turnover % (as of 2023-06-30) 45.00 30 Day SEC Yield % 0.52 Top Holdings Sector P/E % of Net Assets CrowdStrike Holdings Inc Class A 790.65 2.54 Ross Stores Inc 23.30 2.25 Trane Technologies PLC Class A 33.55 2.10 Copart Inc 38.79 2.08 DoorDash Inc Ordinary Shares - Class A --- 1.94 Agilent Technologies Inc 32.78 1.92 DexCom Inc 82.72 1.80 IQVIA Holdings Inc 31.79 1.70 The Trade Desk Inc Class A 230.14 1.68 HubSpot Inc --- 1.51 Data through 2024-03-31

Principal Risks    Loss of Money, Not FDIC Insured, Growth Investing, Market/Market Volatility, Equity Securities, Industry and Sector Investing, Derivatives, Suitability, Shareholder Activity, Management, Mid-Cap, Technology Sector Show Risk Definitions

Other Information Inception Date: 1992-02-18 Portfolio Manager(s) Felise Agranoff   (2015-12-30) Felise L. Agranoff, managing director, is a portfolio manager and research analyst within the U.S. Equity Group. An employee since 2004, Felise is a co-portfolio manager of the Mid Cap Growth, Growth Advantage and Small Cap Growth Strategies. Additionally, she has research responsibility for the small and mid cap industrial sector as well as mid cap financials and business services. Prior to joining the growth team as a research analyst in 2006, Felise previously worked on the J.P. Morgan U.S. Equity Large Cap fundamental research team. Felise obtained a B.S. in Finance and Accounting from the McIntire School of Commerce at the University of Virginia. She is a member of the CFA Institute and a CFA charterholder. Daniel Bloomgarden   (2022-07-12) Mr. Bloomgarden is a portfolio manager and research analyst within the U.S. Equity Group. An employee since 2015, Mr. Bloomgarden leads consumer sector coverage for the J.P. Morgan Mid Cap Growth and Small Cap Growth Strategies and is a co-portfolio manager for the Mid Cap Growth and Mid Cap Equity Strategies. Investment Advisor(s) J.P. Morgan Investment Management, Inc. Issuer JPMorgan

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