Home
Guide
Picks
High Yield
Dates
Monthly
Screener
Resources
ESG
Retire
Channels
Continue to site >
Trending ETFs

JPMorgan SmartRetirement Blend 2065 Fund

mutual fund
JSBYX
Payout Change
Pending
Price as of:
$21.01 +0.16 +0.77%
primary theme
Target-Date 2015
share class
R3 (JSBPX) R6 (JSBYX) R5 (JSMDX) I (JSBSX) R4 (JSBQX) R2 (JSBZX)
JSBYX (Mutual Fund)

JPMorgan SmartRetirement Blend 2065 Fund

Payout Change
Pending
Price as of:
$21.01 +0.16 +0.77%
primary theme
Target-Date 2015
share class
R3 (JSBPX) R6 (JSBYX) R5 (JSMDX) I (JSBSX) R4 (JSBQX) R2 (JSBZX)
JSBYX (Mutual Fund)

JPMorgan SmartRetirement Blend 2065 Fund

Payout Change
Pending
Price as of:
$21.01 +0.16 +0.77%
primary theme
Target-Date 2015
share class
R3 (JSBPX) R6 (JSBYX) R5 (JSMDX) I (JSBSX) R4 (JSBQX) R2 (JSBZX)

Name

As of 12/24/2024

Price

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

JPMorgan SmartRetirement Blend 2065 Fund

JSBYX | Fund

$21.01

$13.6 M

1.31%

$0.27

1.91%

Vitals

YTD Return

18.3%

1 yr return

17.1%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$13.6 M

Holdings in Top 10

97.1%

52 WEEK LOW AND HIGH

$20.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.91%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 61.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$15,000,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/24/2024

Price

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

JPMorgan SmartRetirement Blend 2065 Fund

JSBYX | Fund

$21.01

$13.6 M

1.31%

$0.27

1.91%

JSBYX - Profile

Distributions

  • YTD Total Return 18.3%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.30%
DIVIDENDS
  • Dividend Yield 1.3%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    JPMorgan SmartRetirement Blend 2065 Fund
  • Fund Family Name
    JPMorgan Funds
  • Inception Date
    Nov 01, 2022
  • Shares Outstanding
    N/A
  • Share Class
    R6
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The JPMorgan SmartRetirement® Blend 2065 Fund is generally intended for investors who plan to retire around the year 2065 (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 Allocations1Equity92.00U.S. Large Cap Equity48.65U.S. Mid Cap Equity6.45U.S. Small Cap Equity3.50REITs1.85International Equity23.05Emerging Markets Equity8.50Fixed Income8.00U.S. Fixed Income6.85Inflation Managed0.00High Yield Fixed Income0.90Emerging Markets Debt0.25Money 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.
Read More

JSBYX - Performance

Return Ranking - Trailing

Period JSBYX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.3% 3.0% 18.3% 0.97%
1 Yr 17.1% 3.1% 17.6% 1.94%
3 Yr N/A* -1.8% 3.7% N/A
5 Yr N/A* 2.7% 6.1% N/A
10 Yr N/A* 4.0% 5.9% 28.57%

* Annualized

Return Ranking - Calendar

Period JSBYX Return Category Return Low Category Return High Rank in Category (%)
2023 17.4% 2.1% 17.4% 0.98%
2022 N/A -44.4% -13.7% N/A
2021 N/A -4.2% 4.8% N/A
2020 N/A -2.7% 10.1% N/A
2019 N/A -1.5% 13.9% N/A

Total Return Ranking - Trailing

Period JSBYX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.3% 3.0% 18.3% 0.97%
1 Yr 17.1% 3.1% 17.6% 1.94%
3 Yr N/A* -1.8% 3.7% N/A
5 Yr N/A* 2.7% 6.1% N/A
10 Yr N/A* 4.0% 5.9% 78.57%

* Annualized

Total Return Ranking - Calendar

Period JSBYX Return Category Return Low Category Return High Rank in Category (%)
2023 19.9% 7.7% 19.9% 0.98%
2022 N/A -21.5% -10.2% N/A
2021 N/A 0.9% 12.7% N/A
2020 N/A 7.8% 14.7% N/A
2019 N/A 13.6% 19.9% N/A

NAV & Total Return History

JSBYX - Holdings

Concentration Analysis

JSBYX Category Low Category High JSBYX % Rank
Net Assets 13.6 M 4.6 M 5.49 B 82.52%
Number of Holdings 17 6 561 77.67%
Net Assets in Top 10 40.8 M 2.67 M 3.78 B 74.76%
Weighting of Top 10 97.07% 56.6% 100.0% 19.42%

Top 10 Holdings

  1. JPMorgan Equity Index Fund, Class R6 48.28%
  2. JPMorgan BetaBuilders International Equity ETF 22.49%
  3. SPDR SP MidCap 400 ETF Trust 5.64%
  4. JPMorgan Emerging Markets Research Enhanced Equity Fund, Class R6 4.35%
  5. JPMorgan BetaBuilders Emerging Markets Equity ETF 4.35%
  6. JPMorgan Core Plus Bond Fund, Class R6 4.04%
  7. iShares Russell 2000 ETF 2.89%
  8. JPMorgan Core Bond Fund, Class R6 2.07%
  9. JPMorgan BetaBuilders MSCI US REIT ETF 1.81%
  10. JPMorgan U.S. Government Money Market Fund, Class IM 1.14%

Asset Allocation

Weighting Return Low Return High JSBYX % Rank
Cash 		2.22% 0.00% 10.13% 16.50%
Bonds 		0.15% 0.00% 53.22% 35.92%
Convertible Bonds 		0.09% 0.00% 3.41% 98.06%
Other 		0.03% -0.03% 2.86% 8.74%
Stocks 		0.00% 0.00% 100.03% 100.00%
Preferred Stocks 		0.00% 0.00% 0.00% 10.68%

Bond Sector Breakdown

Weighting Return Low Return High JSBYX % Rank
Corporate 		20.22% 0.01% 46.51% 59.22%
Government 		20.20% 20.20% 99.50% 100.00%
Securitized 		9.54% 0.00% 24.66% 90.29%
Cash & Equivalents 		1.14% 0.00% 10.90% 21.36%
Municipal 		0.10% 0.00% 0.95% 79.61%
Derivative 		0.03% -0.03% 0.03% 0.97%

Bond Geographic Breakdown

Weighting Return Low Return High JSBYX % Rank
US 		0.15% 0.00% 52.98% 35.92%
Non US 		0.00% 0.00% 0.24% 11.65%

JSBYX - Expenses

Operational Fees

JSBYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.91% 0.05% 25.30% 7.84%
Management Fee 0.15% 0.00% 0.58% 41.75%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.15% 40.00%

Sales Fees

JSBYX 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% 1.00% N/A

Trading Fees

JSBYX 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.

JSBYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 61.00% 0.00% 61.00% 99.00%

JSBYX - Distributions

Dividend Yield Analysis

JSBYX Category Low Category High JSBYX % Rank
Dividend Yield 1.31% 0.00% 7.59% 97.09%

Dividend Distribution Analysis

JSBYX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual SemiAnnual Annual

Net Income Ratio Analysis

JSBYX Category Low Category High JSBYX % Rank
Net Income Ratio 2.30% 0.02% 3.98% 15.84%

Capital Gain Distribution Analysis

JSBYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Distributions History

View More +

JSBYX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.48 16.18 5.56 2.41

Advertisement

×

Wait! Rates are rising, is your portfolio ready?

×