JPMorgan SmartRetirement® 2040 R5 (SMTIX)

Fund Assets	4.35B
Expense Ratio	0.486%
Min. Investment	$3,000,000
Turnover	16.00%
Dividend (ttm)	0.60
Dividend Yield	2.36%
Dividend Growth	4.80%
Payout Frequency	n/a
Ex-Dividend Date	Dec 31, 2025

Previous Close	25.71
YTD Return	6.72%
1-Year Return	7.05%
5-Year Return	39.55%
52-Week Low	22.86
52-Week High	26.45
Beta (5Y)	0.82
Holdings	23
Inception Date	May 15, 2006

About SMTIX

JPMorgan SmartRetirement® 2040 Fund Class R5 is a target-date mutual fund designed for investors planning to retire around the year 2040. The fund’s primary purpose is to provide a professionally managed, diversified portfolio that automatically adjusts its asset allocation as the target retirement date approaches. In its early years, the fund maintains a higher proportion of equities to pursue growth, then gradually shifts toward more conservative fixed income and cash holdings to help manage risk near and after retirement. Managed by an experienced multi-asset solutions team at J.P. Morgan, the fund draws on the firm’s asset class specialists for strategic asset allocation and active management. Its holdings span U.S. and international equities, fixed income securities—including high yield and emerging markets debt—and cash equivalents. The fund’s glide path is designed to balance capital appreciation with capital preservation, adjusting exposure as investors transition from the savings phase to the spending phase of retirement. This structure makes it a core option for retirement investors seeking a hands-off approach to portfolio management over the long term, while benefiting from professional oversight and asset class diversification.

• Fund Family: JPMorgan
• Category: Target-Date 2040
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: SMTIX
• Share Class: Class R5
• Index: S&P Target Date 2040 TR

Performance

SMTIX had a total return of 7.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.57%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
SMTYX	Class R6	0.39%
SMTQX	Class R4	0.64%
SMTSX	Class I	0.64%
SMTAX	Class A	0.83%

Top 10 Holdings

86.58% of assets

Name	Symbol	Weight
JPMorgan Core Plus Bond R6	JCPUX	14.06%
JPMorgan International Research Enhanced Equity ETF	JIRE	11.15%
JPMorgan US Equity R6	JUEMX	10.07%
JPMorgan US Research Enhanced Equity R6	JDEUX	9.96%
JPMorgan Growth Advantage R6	JGVVX	9.71%
JPMorgan Value Advantage R6	JVAYX	9.52%
JPMorgan Global Select Equity ETF Global Select Equity ETF	JGLO	7.88%
JPMorgan International Equity R6	JNEMX	6.12%
JPMorgan Core Bond R6	JCBUX	4.68%
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF	BBMC	3.43%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 31, 2025	$0.59899	Jan 2, 2026
Dec 15, 2025	$0.80415	Dec 16, 2025
Dec 31, 2024	$0.57156	Jan 2, 2025
Dec 16, 2024	$0.5132	Dec 17, 2024
Dec 29, 2023	$0.41577	Jan 2, 2024
Dec 30, 2022	$0.34478	Jan 3, 2023

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:

Oct 31, 2026

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