NAV
As of 12/27/2024
$23.23
Change$-0.18
YTD
As of 12/27/2024
at NAV15.55%
FUND ASSETS
As of 12/27/2024
$2.78bn
Fund Facts
TickerJTSQX
CUSIP48127B631
Share Class Number2311
Asset ClassAsset Allocation
Fund Inception Date07/31/2007
Share Class Inception Date09/09/2016
ESG Approach Integrated
Fund Stats
Fund Assets
As of 12/27/2024$2.78bn
As of 12/27/2024$2.78bn
Target date funds that help put participants on the path to the retirement they’ve earned
Built on real-life participant behaviors, the JPMorgan SmartRetirement Funds are an all-in-one target date fund solution for any point of a participant’s retirement journey – from maximizing savings during working years to making those assets last throughout retirement.
- Focuses on delivering a well-diversified portfolio with an appropriate asset allocation for participants who plan to retire around the target retirement year.
- Managed by an experienced Multi-Asset Solutions team with full access to insights from J.P. Morgan's asset class specialists.
A glide path designed for real-world participant behavior and market realities
Chart source: J.P. Morgan Asset Management. The target asset allocation depicts the Fund’s ta
Portfolio Managers
Portfolio Manager
25 years
In the industry
24 years
With J.P. Morgan
14 years
Managing this fund
Portfolio Manager
25 years
In the industry
23 years
With J.P. Morgan
5 years
Managing this fund
Portfolio Manager
25 years
In the industry
21 years
With J.P. Morgan
2 years
Managing this fund
Portfolio Manager
13 years
In the industry
14 years
With J.P. Morgan
1 year
Managing this fund
Portfolio Manager
46 years
In the industry
18 years
With J.P. Morgan
16 years
Managing this fund
Morningstar Ratings: Target-Date 2050
As of 11/30/2024
Overall Morningstar RatingTM for a fund is derived from a weighted average of the performanc
Lipper Rankings: Mixed-Asset Target 2050 Funds
As of 11/30/2024
The ranking information is provided by Lipper Analytical Services. Past performance is no guar
Fund Facts
TickerJTSQX
CUSIP48127B631
Share Class Number2311
Asset ClassAsset Allocation
Fund Inception Date07/31/2007
Share Class Inception Date09/09/2016
ESG Approach Integrated
Fund Stats
Fund Assets
As of 12/27/2024$2.78bn
As of 12/27/2024$2.78bn
Performance
Performance - MONTHLY
1 Month | 3 Months | YTD | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since inception* | |
---|---|---|---|---|---|---|---|---|---|
At NAV | 3.64% | 3.28% | 18.47% | 24.74% | 6.56% | 10.16% | 8.38% | 9.72% | 7.58% |
S&P Target Date 2050 Index | 3.43% | 3.07% | 17.41% | 23.53% | 7.10% | 10.30% | 8.95% | 9.94% | 7.30% |
JPM SmartRetirement 2050 Composite Benchmark | 3.54% | 3.15% | 18.22% | 24.66% | 7.04% | 10.14% | 8.84% | 9.85% | 7.41% |
Performance - QUARTERLY
1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since inception* | |
---|---|---|---|---|---|---|
At NAV | 29.59% | 6.83% | 10.78% | 8.68% | 9.78% | 7.56% |
S&P Target Date 2050 Index | 28.73% | 7.46% | 11.07% | 9.19% | - | 7.31% |
JPM SmartRetirement 2050 Composite Benchmark | 29.85% | 7.39% | 10.88% | 9.13% | - | 7.42% |
Performance - CUMULATIVE
1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since inception* | |
---|---|---|---|---|---|---|
At NAV | 24.74% | 21.00% | 62.24% | 123.55% | 302.05% | 254.99% |
Performance - Calendar Year
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
At NAV | 7.62% | -1.64% | 6.58% | 21.85% | -9.90% | 24.70% | 15.28% | 17.38% | -18.44% | 20.14% |
S&P Target Date 2050 Index | 5.68% | -0.46% | 9.74% | 20.18% | -7.94% | 24.35% | 13.86% | 17.99% | -15.97% | 19.62% |
JPM SmartRetirement 2050 Composite Benchmark | 7.83% | -0.96% | 9.25% | 19.92% | -7.54% | 24.98% | 13.11% | 17.98% | -17.16% | 20.21% |
*Fund performance inception: 7/31/2007
Effective November 22, 2013, the Fund's primary benchmark changed from the S&P Target Date 2045 Index to the S&P Target Date 2050 Index to more closely align the Fund's primary benchmark to its target retirement date.
The benchmark shown represents the Fund's performance benchmark, which is different from the Fund's regulatory benchmark. The Fund's regulatory benchmark is the MSCI ACWI Index (net total return) and is included in the Fund's prospectus and/or shareholder report. This document can be obtained here.
The quoted performance of the Fund includes performance of a predecessor fund/share class prior to the Fund's commencement of operations. Please refer to the current prospectus for further information.
Mutual funds have fees that reduce their performance: indexes do not. You cannot invest directly in an index.
Fees
Gross Expenses
0.68%
Net Expenses
0.66%
The Fund's adviser and/or its affiliates have contractually agreed to waive fees and/or reimburse expenses to the extent Total Annual Fund Operating Expenses (excluding acquired fund fees and expenses, dividend and interest expenses related to short sales, interest, taxes, expenses related to litigation and potential litigation and extraordinary expenses) exceed 0.250% of the average daily net assets. The Fund may invest in one or more money market funds advised by the adviser or its affiliates (affiliated money market funds). The Fund's adviser has contractually agreed to waive fees and/or reimburse expenses in an amount sufficient to offset the fees and expenses of the affiliated money market funds incurred by the Fund because of the Fund's investment in such money market funds. This waiver is in effect through 10/31/2025, at which time the adviser and/or its affiliates will determine whether to renew or revise it. The difference between net and gross fees includes all applicable fee waivers and expense reimbursements.
Growth of Hypothetical Investment
Since Inception
From
To
Initial Amount
Approx Value
$35,507
Approx %
255%
Download chart data
Dividend Schedule
Annual
Ex-Date | Reinvest NAV | Dividend Paid |
---|---|---|
12/29/2023 | $20.19 | 0.33029 |
12/30/2022 | $17.08 | 0.30193 |
12/31/2021 | $23.19 | 0.60245 |
06/30/2021 | $25.73 | 0.00414 |
03/31/2021 | $24.26 | 0.01898 |
Capital Gains Schedule
Annual
Ex-Date | Reinvest NAV | Short Term | Long Term |
---|---|---|---|
12/16/2024 | $23.75 | 0.00000 | 0.07226 |
12/16/2024 | $23.75 | 0.03022 | 0.00000 |
12/15/2022 | $17.58 | 0.00000 | 1.54974 |
12/15/2021 | $23.42 | 0.2861 | 0.00000 |
12/15/2021 | $23.42 | 0.00000 | 2.85585 |
Documents
The JPMorgan SmartRetirement Funds are target date funds with the target date being the approximate date when investors plan to retire