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From its November 1997 inception through March 2024, JPMorgan Mid Cap Value’s L shares gained 11.8% annualized, outpacing the Russell Midcap Value Index benchmark by 2.3 percentage points.

Davis receives additional support from Shilpee Raina, a former analyst on JPMorgan Equity Income who became a named comanager in November 2021. Raina helps vet stock ideas alongside Davis and ...