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Trending ETFs

JPMorgan SmartRetirement® 2040 Fund

mutual fund
SMTSX
Payout Change
Pending
Price as of:
$19.17 +0.02 +0.1%
primary theme
Target-Date 2040
SMTSX (Mutual Fund)

JPMorgan SmartRetirement® 2040 Fund

Payout Change
Pending
Price as of:
$19.17 +0.02 +0.1%
primary theme
Target-Date 2040
SMTSX (Mutual Fund)

JPMorgan SmartRetirement® 2040 Fund

Payout Change
Pending
Price as of:
$19.17 +0.02 +0.1%
primary theme
Target-Date 2040

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$19.17

$4.53 B

11.59%

$2.22

0.70%

Vitals

YTD Return

-16.5%

1 yr return

-7.6%

3 Yr Avg Return

7.8%

5 Yr Avg Return

7.9%

Net Assets

$4.53 B

Holdings in Top 10

83.7%

52 WEEK LOW AND HIGH

$19.2
$18.98
$27.16

Expenses

OPERATING FEES

Expense Ratio 0.70%

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

Investment Style

Target-Date 2040


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$19.17

$4.53 B

11.59%

$2.22

0.70%

SMTSX - Profile

Distributions

  • YTD Total Return -16.5%
  • 3 Yr Annualized Total Return 7.8%
  • 5 Yr Annualized Total Return 7.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.32%
DIVIDENDS
  • Dividend Yield 11.6%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    JPMorgan SmartRetirement® 2040 Fund
  • Fund Family Name
    J.P. Morgan
  • Inception Date
    May 15, 2006
  • Shares Outstanding
    15097174
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jeffrey Geller

Fund Description

The fund is generally intended for investors who plan to retire around the year 2040 and then withdraw their investment in the fund throughout retirement. It is designed to provide exposure to equity, fixed income and cash/cash equivalent asset classes by investing in mutual funds and ETFs within the same group of investment companies, passive ETFs that are managed by unaffiliated investment advisers in certain limited instances and/or direct investments in other financial instruments.


SMTSX - Performance

Return Ranking - Trailing

Period SMTSX Return Category Return Low Category Return High Rank in Category (%)
YTD -16.5% -23.6% -10.0% 60.54%
1 Yr -7.6% -9.8% 2.7% 61.61%
3 Yr 7.8%* 4.4% 10.6% 52.40%
5 Yr 7.9%* 5.7% 9.6% 60.33%
10 Yr 8.7%* 6.6% 10.3% 41.67%

* Annualized

Return Ranking - Calendar

Period SMTSX Return Category Return Low Category Return High Rank in Category (%)
2021 -2.0% -6.3% 17.5% 90.09%
2020 9.4% 3.3% 14.9% 69.50%
2019 11.1% 4.1% 22.6% 89.80%
2018 -14.7% -23.1% -6.9% 50.87%
2017 16.9% -15.1% 18.8% 30.43%

Total Return Ranking - Trailing

Period SMTSX Return Category Return Low Category Return High Rank in Category (%)
YTD -16.5% -23.6% -10.0% 60.54%
1 Yr -7.6% -14.2% 2.7% 52.94%
3 Yr 7.8%* 3.3% 10.6% 46.34%
5 Yr 7.9%* 4.8% 9.6% 55.49%
10 Yr 8.7%* 6.6% 10.3% 40.77%

* Annualized

Total Return Ranking - Calendar

Period SMTSX Return Category Return Low Category Return High Rank in Category (%)
2021 -2.0% -6.3% 17.5% 90.09%
2020 9.4% 3.3% 14.9% 69.50%
2019 11.1% 4.1% 22.6% 89.80%
2018 -14.7% -23.1% -5.5% 69.36%
2017 16.9% -15.1% 26.3% 59.63%

NAV & Total Return History


SMTSX - Holdings

Concentration Analysis

SMTSX Category Low Category High SMTSX % Rank
Net Assets 4.53 B 87.6 K 68.4 B 18.06%
Number of Holdings 23 4 559 44.25%
Net Assets in Top 10 4.2 B 692 K 67.5 B 18.14%
Weighting of Top 10 83.74% 38.4% 100.0% 49.03%

Top 10 Holdings

  1. JPMorgan Value Advantage R6 11.05%
  2. JPMorgan Growth Advantage R6 10.99%
  3. JPMorgan US Equity R6 10.68%
  4. JPMorgan US Research Enhanced Equity R6 10.53%
  5. JPMorgan International Rsrch Enh Eq R6 9.88%
  6. JPMorgan Core Plus Bond R6 9.35%
  7. JPMorgan International Equity R6 6.70%
  8. JPMorgan International Focus R6 6.46%
  9. JPMorgan Emerging Mkts Rsrch Enh Eq R6 4.98%
  10. JPMorgan International Advantage R6 3.52%

Asset Allocation

Weighting Return Low Return High SMTSX % Rank
Stocks
80.32% 0.00% 89.78% 60.62%
Bonds
14.64% 6.42% 61.33% 55.31%
Cash
4.68% -3.49% 35.60% 17.70%
Convertible Bonds
0.34% 0.00% 0.92% 21.68%
Preferred Stocks
0.01% 0.00% 0.49% 67.70%
Other
0.01% -0.92% 8.21% 83.63%

Stock Sector Breakdown

Weighting Return Low Return High SMTSX % Rank
Technology
18.60% 14.76% 23.91% 76.34%
Financial Services
17.37% 12.98% 18.72% 11.16%
Consumer Cyclical
12.44% 8.28% 12.86% 8.48%
Healthcare
11.69% 10.27% 14.52% 73.66%
Industrials
10.46% 9.57% 12.36% 58.04%
Real Estate
7.24% 1.77% 10.49% 25.45%
Communication Services
6.43% 6.04% 10.24% 95.54%
Consumer Defense
5.62% 4.68% 10.28% 83.48%
Basic Materials
4.05% 2.96% 6.42% 79.91%
Energy
3.66% 2.32% 5.93% 70.09%
Utilities
2.43% 1.84% 7.86% 67.41%

Stock Geographic Breakdown

Weighting Return Low Return High SMTSX % Rank
US
50.08% 0.00% 68.24% 59.29%
Non US
30.24% 0.00% 43.47% 33.19%

Bond Sector Breakdown

Weighting Return Low Return High SMTSX % Rank
Corporate
32.59% 0.58% 53.44% 16.37%
Securitized
25.39% 0.00% 40.07% 12.83%
Cash & Equivalents
23.78% 3.19% 55.75% 42.04%
Government
18.10% 11.76% 62.74% 92.92%
Municipal
0.14% 0.00% 21.39% 51.77%
Derivative
0.00% 0.00% 19.91% 94.69%

Bond Geographic Breakdown

Weighting Return Low Return High SMTSX % Rank
US
12.56% 4.61% 39.59% 51.33%
Non US
2.08% 0.08% 21.74% 48.67%

SMTSX - Expenses

Operational Fees

SMTSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.70% 0.06% 1.84% 41.59%
Management Fee 0.00% 0.00% 0.86% 24.11%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.29% N/A

Sales Fees

SMTSX 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

SMTSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% 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.

SMTSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 2.00% 112.00% 87.74%

SMTSX - Distributions

Dividend Yield Analysis

SMTSX Category Low Category High SMTSX % Rank
Dividend Yield 11.59% 0.00% 5.51% 3.96%

Dividend Distribution Analysis

SMTSX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

SMTSX Category Low Category High SMTSX % Rank
Net Income Ratio 1.32% -0.21% 10.52% 36.53%

Capital Gain Distribution Analysis

SMTSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

SMTSX - Fund Manager Analysis

Managers

Jeffrey Geller


Start Date

Tenure

Tenure Rank

Jul 02, 2008

13.84

13.8%

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

Daniel Oldroyd


Start Date

Tenure

Tenure Rank

Nov 01, 2010

11.5

11.5%

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.

Silvia Trillo


Start Date

Tenure

Tenure Rank

Feb 12, 2019

3.21

3.2%

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

0.16

0.2%

Mr. Fladberg determines which of the underlying funds should be used as investments and formulates the allocation strategy. In addition to his role as leader of the Columbus Investment Team, Mr. Fladberg works on asset allocation optimization, portfolio analytics and asset allocation research for certain funds that track various asset allocation models. He has also been a member of the Asset Allocation Committee since February 2007. Mr. Fladberg joined the portfolio management team for J.P. Morgan Investment Management, Inc in November 2010 and has been an employee of JPMIM or a predecessor firm since 2003.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.1 17.5 5.51 2.33