JPMorgan SmartRetirement® Blend 2040 Fund Class R2 (JOBRX)
| Fund Assets | 3.18B |
| Expense Ratio | 0.92% |
| Min. Investment | $5,000,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.75 |
| Dividend Yield | 1.96% |
| Dividend Growth | 31.63% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 38.42 |
| YTD Return | 7.29% |
| 1-Year Return | 21.07% |
| 5-Year Return | 46.64% |
| 52-Week Low | 31.95 |
| 52-Week High | 38.93 |
| Beta (5Y) | n/a |
| Holdings | 14 |
| Inception Date | Jul 2, 2012 |
About JOBRX
JPMorgan SmartRetirement Blend 2040 Fund is a target-date mutual fund designed for investors planning to retire around 2040. The fund pursues total return through a diversified portfolio that gradually becomes more conservative as the target retirement date approaches. Its strategic asset allocation blends equities, including U.S. large-cap, small/mid-cap, and emerging market stocks, with fixed-income securities comprising core bonds, high-yield bonds, and emerging market debt. The fund employs a glide-path strategy that systematically shifts from a more equity-heavy allocation in earlier years to a balanced mix favoring fixed income closer to and beyond the retirement date. Available in multiple share classes with varying expense ratios, the fund is managed by JPMorgan Asset Management using a research-driven approach that includes both strategic positioning and tactical allocation decisions. The fund serves individual investors building retirement portfolios and is part of JPMorgan's broader SmartRetirement family of target-date funds spanning multiple retirement years.
Performance
JOBRX had a total return of 21.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.35%.
Top 10 Holdings
97.61% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Equity Index Fund Class R6 | OGFAX | 40.69% |
| JPMorgan BetaBuilders International Equity ETF | BBIN | 20.10% |
| JPMorgan Core Plus Bond Fund Class R6 | JCPUX | 13.43% |
| JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | BBMC | 4.53% |
| JPMorgan Core Bond Fund Class R6 | JCBUX | 4.48% |
| JPMorgan BetaBuilders Emerging Markets Equity ETF | BBEM | 3.84% |
| JPMorgan Emerging Markets Research Enhanced Equity Fund Class R6 | EMRSX | 3.72% |
| JPMorgan High Yield Fund Class R6 | JHYUX | 2.83% |
| JPMorgan BetaBuilders U.S. Small Cap Equity Fund | BBSC | 2.22% |
| JPMorgan U.S. Government Money Market Fund | MGMXX | 1.77% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.75154 | Jan 2, 2026 |
| Dec 31, 2024 | $0.57094 | Jan 2, 2025 |
| Dec 29, 2023 | $0.52016 | Jan 2, 2024 |
| Dec 30, 2022 | $0.43997 | Jan 3, 2023 |
| Dec 31, 2021 | $0.30243 | Jan 3, 2022 |
| Dec 15, 2021 | $1.00442 | Dec 16, 2021 |