JPMorgan SmartRetirement® 2040 Fund Class R4 (SMTQX)
| Fund Assets | 4.14B |
| Expense Ratio | 0.65% |
| Min. Investment | $500 |
| Turnover | 21.00% |
| Dividend (ttm) | 1.05 |
| Dividend Yield | 4.48% |
| Dividend Growth | 171.00% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 31, 2024 |
| Previous Close | 23.42 |
| YTD Return | 8.87% |
| 1-Year Return | 12.17% |
| 5-Year Return | 61.20% |
| 52-Week Low | 19.44 |
| 52-Week High | 23.65 |
| Beta (5Y) | n/a |
| Holdings | 23 |
| Inception Date | Sep 9, 2016 |
About SMTQX
JPMorgan SmartRetirement 2040 Fund is a target date mutual fund designed to simplify long-term retirement investing for individuals aiming to retire around the year 2040. The fund’s primary purpose is to provide a diversified, professionally managed investment solution that automatically adjusts its asset allocation over time. Initially weighted toward equities for growth, the JPMorgan SmartRetirement 2040 Fund gradually shifts toward fixed income and other conservative assets as the target date approaches, reducing risk exposure in alignment with investors’ changing life stages. This “glide path” is managed by J.P. Morgan’s investment experts, who oversee a mix of underlying funds spanning domestic and international stocks and bonds. The fund’s approach helps participants maximize savings during their working years and manage assets in retirement, integrating real-world investor behavior and market insights into its strategy. By offering a single, all-in-one portfolio solution, the JPMorgan SmartRetirement 2040 Fund plays a significant role in simplifying retirement planning and supporting financial security for investors in the evolving financial landscape.
Performance
SMTQX had a total return of 12.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.49%.
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 | $0.54084 | Jan 2, 2025 |
| Dec 16, 2024 | $0.5132 | Dec 17, 2024 |
| Dec 29, 2023 | $0.38895 | Jan 2, 2024 |
| Dec 30, 2022 | $0.35042 | Jan 3, 2023 |
| Dec 15, 2022 | $1.42431 | Dec 16, 2022 |
| Dec 31, 2021 | $0.55451 | Jan 3, 2022 |