JPMorgan SmartRetirement® 2040 Fund Class R3 (SMTPX)
| Fund Assets | 4.14B |
| Expense Ratio | 0.90% |
| Min. Investment | $500 |
| Turnover | 21.00% |
| Dividend (ttm) | 0.99 |
| Dividend Yield | 4.22% |
| Dividend Growth | 196.47% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 23.39 |
| YTD Return | 8.73% |
| 1-Year Return | 11.85% |
| 5-Year Return | 59.18% |
| 52-Week Low | 19.43 |
| 52-Week High | 23.62 |
| Beta (5Y) | n/a |
| Holdings | 23 |
| Inception Date | Sep 9, 2016 |
About SMTPX
JPMorgan SmartRetirement 2040 Fund is a target-date mutual fund designed for individuals planning to retire around the year 2040. Its primary function 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 through a higher allocation to equities and other growth-oriented assets. As the target retirement year approaches, the fund gradually shifts toward more conservative holdings, increasing its exposure to fixed income and income-generating assets to help manage risk and support income needs during retirement. The fund benchmarks its performance against indices such as the S&P Target Date 2040 Index and the Lipper Mixed-Asset Target 2040 Funds Average, underscoring its focus on alignment with industry standards for risk and return related to retirement savings objectives. The JPMorgan SmartRetirement 2040 Fund plays a significant role in the retirement planning landscape, aiming to simplify long-term investing by dynamically managing both asset allocation and risk as participants progress toward and into retirement.
Performance
SMTPX had a total return of 11.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.21%.
Top 10 Holdings
86.08% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Core Plus Bond Fund Class R6 | JCPUX | 12.05% |
| JPMorgan International Research Enhanced Equity ETF | JIRE | 11.63% |
| JPMorgan U.S. Research Enhanced Equity Fund Class R6 | JDEUX | 10.44% |
| JPMorgan U.S. Equity Fund Class R6 | JUEMX | 10.22% |
| JPMorgan Growth Advantage Fund Class R6 | JGVVX | 10.19% |
| JPMorgan Value Advantage Fund Class R6 | JVAYX | 9.73% |
| JPMorgan Global Select Equity ETF Global Select Equity ETF | JGLO | 8.13% |
| JPMorgan International Equity Fund Class R6 | JNEMX | 6.18% |
| JPMorgan Core Bond Fund Class R6 | JCBUX | 4.01% |
| JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | BBMC | 3.49% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2024 | $0.47483 | Jan 2, 2025 |
| Dec 16, 2024 | $0.5132 | Dec 17, 2024 |
| Dec 29, 2023 | $0.33326 | Jan 2, 2024 |
| Dec 30, 2022 | $0.17926 | Jan 3, 2023 |
| Dec 15, 2022 | $1.42431 | Dec 16, 2022 |
| Dec 31, 2021 | $0.5416 | Jan 3, 2022 |