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JPMorgan SmartRetirement* Blend 2030 Fund
mutual fund
JRBEX
Payout Change
Pending
Price as of:
$26.95
+0.07
+0.26%
primary theme
Target-Date 2030
share class
JRBEX (Mutual Fund)
JPMorgan SmartRetirement* Blend 2030 Fund
Payout Change
Pending
Price as of:
$26.95
+0.07
+0.26%
primary theme
Target-Date 2030
share class
JRBEX (Mutual Fund)
JPMorgan SmartRetirement* Blend 2030 Fund
Payout Change
Pending
Price as of:
$26.95
+0.07
+0.26%
primary theme
Target-Date 2030
share class
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
13.9%
1 yr return
17.2%
3 Yr Avg Return
2.4%
5 Yr Avg Return
6.4%
Net Assets
$2.5 B
Holdings in Top 10
73.5%
52 WEEK LOW AND HIGH
$26.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.62%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
JRBEX - Profile
Distributions
- YTD Total Return 13.9%
- 3 Yr Annualized Total Return 2.4%
- 5 Yr Annualized Total Return 6.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.62%
- Dividend Yield 2.3%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameJPMorgan SmartRetirement* Blend 2030 Fund
-
Fund Family NameJPMorgan Funds
-
Inception DateJul 02, 2012
-
Shares Outstanding776641
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDaniel Oldroyd
Fund Description
The JPMorgan SmartRetirement® Blend 2030 Fund is generally intended for investors who plan to retire around the year 2030 (the target retirement year). Prior to reaching the target retirement year, the Fund seeks risk appropriate total return with a shift to current income and some capital appreciation over time as the Fund approaches and passes the target retirement year. The Fund assumes a person will be at or around age 65 at the target retirement year.The Fund is designed to provide exposure to equity, fixed income and cash/cash equivalent asset classes by investing in mutual funds and exchange traded funds (ETFs) within the same group of investment companies (i.e., J.P. Morgan Funds), passive ETFs that are managed by unaffiliated investment advisers in certain limited instances (unaffiliated passive ETFs) (collectively with the J.P. Morgan Funds, the underlying funds) and/or direct investments in securities and other financial instruments. The Fund may also invest in derivatives. Derivatives are instruments that have a value based on another instrument, exchange rate or index. The Fund may use futures contracts to gain exposure to, or to overweight or underweight its investments among, various sectors or markets. The Fund may also use exchange traded futures for cash management and to gain market exposure pending investment in underlying funds. “Blend” in the Fund’s name means that the Fund’s adviseruses passive underlying funds and strategies as well as actively-managed underlying funds and strategies.In allocating the Fund’s assets between actively-managed underlying funds and passive underlying funds, the advisergenerally uses passive ETFs for asset classes where the price of the asset is assumed to be fair and accurate, reflecting all relevant information that is available about the value of the asset (efficient markets). Examples of efficient markets include U.S. Large Cap Equities, U.S. Small/Mid Cap Equities, and Developed International Equities. Generally, the amount of the Fund’s assets allocated to passive underlying funds will decrease the closer a Fund is to its target retirement year.In selecting underlying funds, the adviser expects to select J.P. Morgan Funds without considering or canvassing the universe of unaffiliated underlying funds available even though there may (or may not) be one or more unaffiliated underlying funds that investors might regard as more attractive for the Fund or that have superior returns. For actively-managed underlying funds, the adviser limits its selection to J.P. Morgan Funds. For efficient markets exposure, the adviser expects to use J.P. Morgan passive ETFs unless the investment is not available. To the extent the adviser determines in its sole discretion that an investment in a J.P. Morgan passive ETF is not available, only then will the adviser consider an unaffiliated passive ETF.The Fund’s asset allocation strategy is designed to promote asset accumulation tailored to the time when investors expect to retire. As a result, the Fund’s asset allocation strategy will change over time, generally becoming more conservative as it approaches the target retirement year. This means the asset allocation strategy will generally start with a greater emphasis on equity investments and gradually shift to more emphasis on fixed income investments. The anticipated target allocations between asset classes over the life of the Fund are displayed in the “glide path” below. In addition, the Fund's target allocations based on its position along the glide path as of the date of this prospectus are included in the table following the glide path.Target Allocations1Equity58.20U.S. Large Cap Equity30.81U.S. Mid Cap Equity4.06U.S. Small Cap Equity2.23REITs1.15International Equity14.57Emerging Markets Equity5.38Fixed Income41.80U.S. Fixed Income34.47Inflation Managed1.50High Yield Fixed Income4.59Emerging Markets Debt1.24Money Market Funds/Cash and Cash Equivalents0.00Money Market Funds/Cash and Cash Equivalents0.00Note: Above allocations may not sum up to 100% due to rounding.1As of the date of this prospectus, the Fund utilizes both underlying funds and direct investments to implement its target allocations. The amount of the Fund’s assets allocated to underlying funds and direct investments will vary over time. The Fund also has flexibility to utilize derivatives to implement its target allocations.The adviser will periodically assess the target allocations shown above taking into account various factors, such as current market conditions, assumptions regarding future market performance, time horizon and data on the savings and spending behavior of investors, and may make adjustments. Based on the adviser’s assessment, these adjustments may include modifying the existing allocations among asset classes or, among other things, adding or removing asset classes or maintaining asset allocations for longer or shorter periods of time. As a result of the adviser’s ability to make these modifications, as well as a Fund moving along its glide path each year, the Fund’s actual allocations may differ from what is shown above by +/- 15%. In addition, as the adviser monitors the risk profile of the Fund over various market environments, it may determine that conditions are not favorable and that deviations beyond +/- 15% are necessary to substantially reduce risk in order to preserve capital. Updated information concerning the Fund’s actual allocations to underlying funds and investments is available in the Fund’s shareholder reports and on the Fund’s website from time to time.The Fund is a “to” target date fund. This means that the Fund intends to reach its most conservative target allocations around the end of the year of the target retirement year. When the target allocations of the Fund are substantially the same as those of the JPMorgan SmartRetirement Blend Income Fund, the Fund may be merged into the JPMorgan SmartRetirement Blend Income Fund at the discretion of the Fund’s Board of Trustees.
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JRBEX - Performance
Return Ranking - Trailing
| Period | JRBEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 13.9% | 6.5% | 15.9% | 8.29% |
| 1 Yr | 17.2% | 12.8% | 20.2% | 23.32% |
| 3 Yr | 2.4%* | -4.3% | 4.5% | 27.60% |
| 5 Yr | 6.4%* | 3.7% | 8.0% | 59.30% |
| 10 Yr | 6.3%* | 4.6% | 7.6% | 67.96% |
* Annualized
Return Ranking - Calendar
| Period | JRBEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 12.2% | 5.5% | 14.4% | 29.53% |
| 2022 | -17.9% | -52.7% | -14.2% | 8.81% |
| 2021 | 5.6% | -5.6% | 14.0% | 30.60% |
| 2020 | 8.9% | 0.7% | 13.7% | 44.77% |
| 2019 | 16.8% | 2.6% | 18.9% | 16.98% |
Total Return Ranking - Trailing
| Period | JRBEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 13.9% | 6.5% | 15.9% | 8.29% |
| 1 Yr | 17.2% | 12.8% | 20.2% | 23.32% |
| 3 Yr | 2.4%* | -4.3% | 4.5% | 27.60% |
| 5 Yr | 6.4%* | 3.7% | 8.0% | 59.30% |
| 10 Yr | 6.3%* | 4.6% | 7.6% | 67.96% |
* Annualized
Total Return Ranking - Calendar
| Period | JRBEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.2% | 10.0% | 49.5% | 12.95% |
| 2022 | -15.5% | -26.4% | 20.1% | 48.19% |
| 2021 | 11.6% | 1.6% | 18.5% | 58.47% |
| 2020 | 12.7% | 6.7% | 19.3% | 73.26% |
| 2019 | 21.1% | 17.1% | 34.4% | 59.75% |
NAV & Total Return History
JRBEX - Holdings
Concentration Analysis
| JRBEX | Category Low | Category High | JRBEX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.5 B | 6.51 M | 90.6 B | 30.93% |
| Number of Holdings | 927 | 4 | 927 | 1.03% |
| Net Assets in Top 10 | 1.89 B | 7.61 M | 93.7 B | 30.93% |
| Weighting of Top 10 | 73.47% | 45.0% | 116.9% | 63.54% |
Top 10 Holdings
- JPMorgan Equity Index Fund, Class R6 31.56%
- JPMorgan BetaBuilders International Equity ETF 13.96%
- JPMorgan Core Plus Bond Fund, Class R6 8.57%
- JPMorgan High Yield Fund, Class R6 3.64%
- JPMorgan BetaBuilders U.S. Aggregate Bond ETF 3.41%
- JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 2.99%
- JPMorgan Emerging Markets Research Enhanced Equity Fund, Class R6 2.71%
- JPMorgan BetaBuilders Emerging Markets Equity ETF 2.67%
- JPMorgan U.S. Government Money Market Fund, Class IM 2.48%
- JPMorgan Inflation Managed Bond ETF 1.48%
Asset Allocation
| Weighting | Return Low | Return High | JRBEX % Rank | |
|---|---|---|---|---|
| Bonds | 19.63% | 0.00% | 37.34% | 2.58% |
| Other | 2.80% | -0.06% | 3.21% | 1.55% |
| Cash | 2.48% | 0.00% | 19.41% | 20.62% |
| Convertible Bonds | 0.86% | 0.03% | 1.11% | 10.82% |
| Stocks | 0.00% | 0.00% | 100.43% | 91.75% |
| Preferred Stocks | 0.00% | 0.00% | 0.03% | 36.60% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | JRBEX % Rank | |
|---|---|---|---|---|
| Corporate | 32.86% | 5.37% | 53.65% | 23.20% |
| Securitized | 30.45% | 0.00% | 37.72% | 8.76% |
| Government | 21.70% | 15.42% | 89.09% | 94.33% |
| Cash & Equivalents | 2.48% | 0.00% | 50.44% | 19.59% |
| Municipal | 0.08% | 0.00% | 5.27% | 72.68% |
| Derivative | 0.00% | -0.06% | 0.17% | 19.07% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | JRBEX % Rank | |
|---|---|---|---|---|
| US | 19.63% | 0.00% | 35.03% | 2.58% |
| Non US | 0.00% | 0.00% | 2.31% | 38.14% |
JRBEX - Expenses
Operational Fees
| JRBEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.62% | 0.05% | 10.17% | 62.18% |
| Management Fee | 0.15% | 0.00% | 0.81% | 44.50% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.08% | 0.01% | 0.29% | 25.58% |
Sales Fees
| JRBEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| JRBEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| JRBEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 3.00% | 98.00% | 21.30% |
JRBEX - Distributions
Dividend Yield Analysis
| JRBEX | Category Low | Category High | JRBEX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.30% | 0.00% | 7.28% | 45.36% |
Dividend Distribution Analysis
| JRBEX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| JRBEX | Category Low | Category High | JRBEX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.62% | 0.12% | 3.79% | 33.33% |
Capital Gain Distribution Analysis
| JRBEX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 29, 2023 | $0.617 | OrdinaryDividend |
| Dec 30, 2022 | $0.419 | OrdinaryDividend |
| Dec 31, 2021 | $0.271 | OrdinaryDividend |
| Dec 15, 2021 | $0.818 | OrdinaryDividend |
| Sep 30, 2021 | $0.073 | OrdinaryDividend |
| Jun 30, 2021 | $0.122 | OrdinaryDividend |
| Mar 31, 2021 | $0.067 | OrdinaryDividend |
| Dec 31, 2020 | $0.121 | OrdinaryDividend |
| Dec 15, 2020 | $0.264 | CapitalGainLongTerm |
| Sep 30, 2020 | $0.095 | OrdinaryDividend |
| Jun 30, 2020 | $0.077 | OrdinaryDividend |
| Mar 31, 2020 | $0.069 | OrdinaryDividend |
| Dec 31, 2019 | $0.166 | OrdinaryDividend |
| Dec 16, 2019 | $0.106 | CapitalGainLongTerm |
| Sep 30, 2019 | $0.102 | OrdinaryDividend |
| Jun 28, 2019 | $0.174 | OrdinaryDividend |
| Mar 29, 2019 | $0.077 | OrdinaryDividend |
| Dec 31, 2018 | $0.164 | OrdinaryDividend |
| Dec 14, 2018 | $0.229 | CapitalGainShortTerm |
| Dec 14, 2018 | $0.465 | CapitalGainLongTerm |
| Jun 29, 2018 | $0.161 | OrdinaryDividend |
| Mar 29, 2018 | $0.067 | OrdinaryDividend |
| Dec 29, 2017 | $0.184 | OrdinaryDividend |
| Sep 29, 2017 | $0.083 | OrdinaryDividend |
| Jun 30, 2017 | $0.122 | OrdinaryDividend |
| Mar 31, 2017 | $0.053 | OrdinaryDividend |
| Dec 30, 2016 | $0.162 | OrdinaryDividend |
| Sep 30, 2016 | $0.071 | OrdinaryDividend |
| Jun 30, 2016 | $0.117 | OrdinaryDividend |
| Mar 31, 2016 | $0.055 | OrdinaryDividend |
| Dec 31, 2015 | $0.153 | OrdinaryDividend |
| Dec 18, 2015 | $0.007 | CapitalGainLongTerm |
| Sep 30, 2015 | $0.065 | OrdinaryDividend |
| Jun 30, 2015 | $0.111 | OrdinaryDividend |
| Mar 31, 2015 | $0.049 | OrdinaryDividend |
| Dec 31, 2014 | $0.129 | OrdinaryDividend |
| Dec 17, 2014 | $0.063 | CapitalGainShortTerm |
| Dec 17, 2014 | $0.013 | CapitalGainLongTerm |
| Sep 30, 2014 | $0.064 | OrdinaryDividend |
| Jun 30, 2014 | $0.126 | OrdinaryDividend |
| Mar 31, 2014 | $0.052 | OrdinaryDividend |
| Dec 31, 2013 | $0.129 | OrdinaryDividend |
| Dec 18, 2013 | $0.011 | CapitalGainShortTerm |
| Dec 18, 2013 | $0.000 | CapitalGainLongTerm |
| Sep 30, 2013 | $0.058 | OrdinaryDividend |
| Jun 28, 2013 | $0.049 | OrdinaryDividend |
| Mar 28, 2013 | $0.046 | OrdinaryDividend |
| Dec 31, 2012 | $0.117 | OrdinaryDividend |
| Sep 28, 2012 | $0.104 | OrdinaryDividend |
JRBEX - Fund Manager Analysis
Managers
Daniel Oldroyd
Start Date
Tenure
Tenure Rank
Jul 02, 2012
9.92
9.9%
Daniel Oldroyd, CFA, CAIA, Managing Director, is a portfolio manager for the Global Multi-Asset Group, focusing on the JPMorgan SmartRetirement target-date funds. An employee since 2000, he has held several positions including that of investment strategist for JPMorgan Retirement Plan Services responsible for communicating investment management information to Retirement Plan Services' clients and providing ongoing monitoring of plan's investment options. Prior to this, he was responsible for manager research of nonproprietary investment managers for JPMorgan Retirement Plan Services. Dan holds a B.S. with honors in finance and international business from Georgetown University. Dan is a CFA and CAIA charterholder, holds NASD Series 7 and 63 licenses, and is a member of NYSSA, The CFA Institute, and the CAIA Association.
Jeffrey Geller
Start Date
Tenure
Tenure Rank
Jul 02, 2012
9.92
9.9%
Jeffrey Geller, CFA, managing director, is a Chief Investment Officer of Multi-Asset Solutions, where he is responsible for investment oversight of all mandates managed in New York. This includes providing oversight with respect to manager and strategy suitability and fit and ensuring that the team's asset allocation views are reflected appropriately across a diverse set of mandates. Jeff is also a portfolio manager for less constrained multi-asset class portfolios as well as portfolios with alternatives exposure. Before joining the firm in 2006, Jeff was director of Hedge Fund Investments at Russell Investment Group and served as chairman of the Firm's hedge fund investment committee. Prior to that, he was a senior partner at Credit Suisse Asset Management's BEA Associates unit where he had responsibility for managing equity, currency overlay and relative value arbitrage strategies. Jeff earned a Bachelor of Arts in Government from Clark University and an M.B.A. in Finance from the University of Chicago Graduate School Of Business. He is a CFA charterholder and is Series 24, 7, and 63 licensed
Silvia Trillo
Start Date
Tenure
Tenure Rank
Feb 12, 2019
3.3
3.3%
Ms. Trillo, Managing Director, has been an employee of J.P. Morgan Investment Management Inc. and a member of Multi-Asset Solutions since 2011 and a portfolio manager of the Fund since 2019.
Ove Fladberg
Start Date
Tenure
Tenure Rank
Mar 01, 2022
0.25
0.3%
Ove Fladberg, managing director, is head of the Columbus, OH-based Multi-Asset Solutions investment team, and serves as its Chief Investment Officer within Multi-Asset Solutions, with overall responsibility for the JPMorgan Investor Funds as well as other multi-asset strategies and market-cap weighted equity investment strategies. Ove is the lead portfolio manager for the Investor Funds, a series of multi-asset funds, and a member of the Investor Funds Asset Allocation Committee. As such, he is responsible for asset allocation optimization, portfolio analytics, asset allocation research and manager due diligence for the Funds. In addition to his role as CIO of the Columbus Multi-Asset Solutions Team, Ove also serves as Head of Market Cap Weighted Equity Beta Strategies. Ove previously held various positions within the firm including senior portfolio analyst for the Investment Strategies Team, vice president and wholesaler, and vice president of Personal Financial Services at JPMorgan Chase Bank. Prior to joining the firm in 2003, he was an investment specialist at Charles Schwab & Co. and an investment representative at Edward Jones. Ove earned a Masters of Business and Economics from BI Norwegian School of Management. He maintains Series 7 and 63 licenses.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 17.59 | 5.8 | 2.41 |
