JPMorgan SmartRetirement® Blend 2050 Fund Class I (JNEAX)
| Fund Assets | 2.05B |
| Expense Ratio | 0.42% |
| Min. Investment | $1,000,000 |
| Turnover | 12.00% |
| Dividend (ttm) | 0.65 |
| Dividend Yield | 1.81% |
| Dividend Growth | 15.02% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 36.05 |
| YTD Return | 9.04% |
| 1-Year Return | 14.29% |
| 5-Year Return | 76.13% |
| 52-Week Low | 29.53 |
| 52-Week High | 36.19 |
| Beta (5Y) | 0.88 |
| Holdings | 14 |
| Inception Date | Jul 2, 2012 |
About JNEAX
The JPMorgan SmartRetirement Blend 2050 Fund I is a target-date mutual fund designed to help investors prepare for retirement around the year 2050. Its primary function is to provide a diversified investment solution that automatically adjusts its allocation over time, shifting from higher exposure to growth-oriented assets like equities in the early years, to a more conservative mix of bonds and short-term investments as the target retirement year approaches. The fund predominantly invests in a blend of other JPMorgan funds, spanning domestic and international equities, fixed income, and real estate, to achieve broad diversification. As of April 2025, its top holdings include large allocations to index-based equity funds, international equity ETFs, and core bond funds, reflecting a growth-focused asset mix suitable for investors with a long investment horizon. The JPMorgan SmartRetirement Blend 2050 Fund I plays a significant role for individuals and institutions seeking a professionally managed, 'set-and-forget' retirement investment solution that evolves over time to balance growth and risk in line with the investor's expected retirement date.
Performance
JNEAX had a total return of 14.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.25%.
Top 10 Holdings
98.17% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Equity Index Fund Class R6 | OGFAX | 47.76% |
| JPMorgan BetaBuilders International Equity ETF | BBIN | 23.89% |
| JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | BBMC | 5.27% |
| JPMorgan Core Plus Bond Fund Class R6 | JCPUX | 4.71% |
| JPMorgan Emerging Markets Research Enhanced Equity Fund Class R6 | EMRSX | 4.33% |
| JPMorgan BetaBuilders Emerging Markets Equity ETF | BBEM | 4.21% |
| JPMorgan BetaBuilders U.S. Small Cap Equity Fund | BBSC | 2.64% |
| Jpmorgan Us Govt Mmkt Fund Im Shares (Restricted) | n/a | 1.99% |
| JPMorgan BetaBuilders MSCI US REIT ETF | BBRE | 1.79% |
| JPMorgan Core Bond Fund Class R6 | JCBUX | 1.57% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.65311 | Jan 2, 2025 |
| Dec 29, 2023 | $0.56783 | Jan 2, 2024 |
| Dec 30, 2022 | $0.34991 | Jan 3, 2023 |
| Dec 31, 2021 | $0.39497 | Jan 3, 2022 |
| Dec 15, 2021 | $0.91671 | Dec 16, 2021 |
| Sep 30, 2021 | $0.07217 | Oct 1, 2021 |