JPMorgan SmartRetirement 2040 Fund (SMTIX)
| Fund Assets | 4.35B |
| Expense Ratio | 0.49% |
| Min. Investment | $3,000,000 |
| Turnover | 16.00% |
| Dividend (ttm) | 1.40 |
| Dividend Yield | 5.41% |
| Dividend Growth | 29.35% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 25.74 |
| YTD Return | 8.11% |
| 1-Year Return | 16.50% |
| 5-Year Return | 45.29% |
| 52-Week Low | 22.86 |
| 52-Week High | 25.95 |
| Beta (5Y) | 0.81 |
| 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.
Performance
SMTIX had a total return of 16.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.77%.
Top 10 Holdings
86.23% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Core Plus Bond Fund | JCPUX | 13.43% |
| JPMorgan International Research Enhanced Equity ETF | JIRE | 11.17% |
| JPMorgan U.S. Research Enhanced Equity Fund | JDEUX | 10.29% |
| JPMorgan US Equity R6 | JUEMX | 10.23% |
| JPMorgan Growth Advantage Fund | JGVVX | 9.96% |
| JPMorgan Value Advantage R6 | JVAYX | 9.56% |
| JPMorgan Global Select Equity ETF Global Select Equity ETF | JGLO | 7.83% |
| JPMorgan International Equity R6 | JNEMX | 5.99% |
| JPMorgan Core Bond Fund | JCBUX | 4.47% |
| JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | BBMC | 3.30% |
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 |