JPMorgan SmartRetirement® 2045 R2 (JSAZX)

Fund Assets	3.46B
Expense Ratio	1.105%
Min. Investment	$0.00
Turnover	17.00%
Dividend (ttm)	0.41
Dividend Yield	1.58%
Dividend Growth	5.70%
Payout Frequency	n/a
Ex-Dividend Date	Dec 31, 2025

Previous Close	25.62
YTD Return	7.51%
1-Year Return	10.27%
5-Year Return	44.71%
52-Week Low	22.75
52-Week High	26.60
Beta (5Y)	0.92
Holdings	23
Inception Date	Nov 3, 2008

About JSAZX

JPMorgan SmartRetirement 2045 Fund Class R2 is a target-date mutual fund designed for investors planning to retire around the year 2045. Its primary purpose is to provide a professionally managed, diversified investment solution that automatically adjusts its asset allocation over time. Early in its lifecycle, the fund emphasizes growth by allocating a higher portion of assets to equities. As the target retirement date approaches, its portfolio gradually shifts toward a more conservative mix, increasing holdings in fixed income and cash equivalents to help manage risk and support income needs in retirement. This fund operates as a fund of funds, primarily investing in a curated selection of equity, fixed income, and short-term mutual funds within the JPMorgan family. Managed by a team of investment professionals, it aims to deliver an optimal balance of risk and return for those with a projected retirement horizon in the 2040s. The fund is part of the broader SmartRetirement series, offering a low minimum investment and accessibility to a wide investor base seeking a hands-off approach to retirement planning. Its strategic allocation adjustments, combined with semi-annual dividend distributions, make it a relevant choice within the target-date fund space.

• Fund Family: JPMorgan
• Category: Target-Date 2045
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: JSAZX
• Share Class: Class R2
• Index: S&P Target Date 2045 TR

Performance

JSAZX had a total return of 10.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.50%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
JSAYX	Class R6	0.39%
JSAIX	Class R5	0.49%
JSASX	Class I	0.64%
JSAQX	Class R4	0.64%

Top 10 Holdings

86.81% of assets

Name	Symbol	Weight
JPMorgan International Research Enhanced Equity ETF	JIRE	12.25%
JPMorgan US Equity R6	JUEMX	11.23%
JPMorgan US Research Enhanced Equity R6	JDEUX	11.00%
JPMorgan Growth Advantage R6	JGVVX	10.65%
JPMorgan Value Advantage R6	JVAYX	10.50%
JPMorgan Core Plus Bond R6	JCPUX	8.92%
JPMorgan Global Select Equity ETF Global Select Equity ETF	JGLO	8.66%
JPMorgan International Equity R6	JNEMX	6.73%
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF	BBMC	3.62%
JPMorgan ActiveBuilders Emerging Markets Equity ETF	JEMA	3.25%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 31, 2025	$0.4058	Jan 2, 2026
Dec 15, 2025	$0.76464	Dec 16, 2025
Dec 31, 2024	$0.38393	Jan 2, 2025
Dec 16, 2024	$0.47346	Dec 17, 2024
Dec 29, 2023	$0.24706	Jan 2, 2024
Dec 30, 2022	$0.18674	Jan 3, 2023

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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