Functionalized syndiotactic polystyrene copolymers were synthesized and characterized. The syndiotactic polystyrene copolymers, poly(styrene-co-4-methylstyrene) (sPSMS), were prepared by styrene with 4-methylstyrene with a metallocene/methylaluminoxane catalyst. In addition, grafted copolymers, chemically grafted with isoprene onto an sPSMS backbone [poly(styrene-co-4-methylstyrene)-g-polyisoprene (sPSMS-g-PIP)] were synthesized by anionic grafting polymerization with a metallation reagent. In this study, we also examined the effect of the degree of functionalization (epoxidation) on the polymer structure of the sPSMS-g-PIP copolymers. Experimental results indicate that the crystallinity of the sPSMS-g-PIP copolymer was lower than that of the ungrafted sPSMS copolymer. Moreover, the epoxy-containing sPSMS-g-PIP copolymer effectively increased the thermal stability more than did the sPSMS-g-PIP copolymer alone.