JPMorgan SmartRetirement® Blend 2045 R5 (JMBRX)

Fund Assets	2.75B
Expense Ratio	0.283%
Min. Investment	$0.00
Turnover	18.00%
Dividend (ttm)	0.93
Dividend Yield	2.20%
Dividend Growth	28.73%
Payout Frequency	Annual
Ex-Dividend Date	Dec 31, 2025

Previous Close	42.32
YTD Return	10.41%
1-Year Return	11.18%
5-Year Return	46.91%
52-Week Low	36.95
52-Week High	43.78
Beta (5Y)	0.89
Holdings	14
Inception Date	Jul 2, 2012

About JMBRX

JPMorgan SmartRetirement Blend 2045 Fund Class R5 is a target-date mutual fund designed to support individuals planning to retire around the year 2045. Its primary purpose is to offer a professionally managed, diversified portfolio that strategically shifts its asset allocation as the target retirement date approaches. In the early years, the fund emphasizes growth by allocating a higher percentage to equities, then gradually increases exposure to fixed income and cash equivalents as retirement nears, aiming to balance growth and risk reduction. Managed by J.P. Morgan’s experienced Multi-Asset Solutions team, the fund incorporates insights from asset class specialists and utilizes a blend of active and passive management strategies. The portfolio includes a range of U.S. large-cap, mid-cap, and small-cap equities, as well as U.S. fixed income and emerging markets debt, to achieve broad diversification. This adaptive allocation approach is intended to help investors manage retirement savings and withdrawals through both the accumulation and spending phases, providing a long-term solution that evolves as investor needs change over time.

• Fund Family: JPMorgan
• Category: Target-Date 2045
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: JMBRX
• Share Class: Class R5
• Index: S&P Target Date 2045 TR

Performance

JMBRX had a total return of 11.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.80%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
JMYAX	Class R6	0.17%
JNTLX	Class R4	0.42%
JMSSX	Class I	0.42%
JNTOX	Class R3	0.67%

Top 10 Holdings

97.74% of assets

Name	Symbol	Weight
JPMorgan Equity Index R6	OGFAX	45.04%
JPMorgan BetaBuilders International Equity ETF	BBIN	21.29%
JPMorgan Core Plus Bond R6	JCPUX	9.07%
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF	BBMC	5.20%
JPMorgan Emerging Mkts Rsrch Enh Eq R6	EMRSX	3.91%
JPMorgan BetaBuilders Emerging Markets Equity ETF	BBEM	3.90%
JPMorgan Core Bond R6	JCBUX	3.02%
JPMorgan BetaBuilders U.S. Small Cap Equity Fund	BBSC	2.50%
JPMorgan High Yield R6	JHYUX	2.11%
JPMorgan BetaBuilders MSCI US REIT ETF	BBRE	1.69%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 31, 2025	$0.92992	Jan 2, 2026
Dec 31, 2024	$0.7224	Jan 2, 2025
Dec 29, 2023	$0.61215	Jan 2, 2024
Dec 30, 2022	$0.5076	Jan 3, 2023
Dec 31, 2021	$0.4067	Jan 3, 2022
Dec 15, 2021	$0.89091	Dec 16, 2021

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Nov 14, 2026

Data Sources Report a data error