JPMorgan SmartRetirement Blend Income I
JIJSX
NASDAQ- -
USD
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Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Columbus OH 43240 New York NY United States of America 10172
- IPO Date
- Jul 2, 2012
- CIK
- 0001217286
- Website
- am.jpmorgan.com
- Similar Companies
- Business
- JPMorgan SmartRetirement Blend Income Fund Class I (JIJSX) is a target-date retirement income mutual fund managed by J.P. Morgan Investment Management Inc. that provides a professionally managed, diversified portfolio of underlying funds, securities, and other financial instruments for investors who are retired or nearing retirement; it emphasizes current income with some capital appreciation through a strategic asset allocation featuring approximately 46% U.S. bonds, 26% U.S. stocks, 14% non-U.S. stocks, 7% non-U.S. bonds, and 6% cash equivalents as of late 2025. The fund invests predominantly in J.P. Morgan-branded underlying strategies including JPMorgan Equity Index Fund Class R6 (21.5% of portfolio), JPMorgan Core Plus Bond Fund Class R6 (10.4%), JPMorgan BetaBuilders International Equity ETF (10.2%), JPMorgan High Yield Fund Class R6 (7.2%), and JPMorgan Inflation Managed Bond ETF (5.1%), alongside targeted exposures to high yield (6.6%), emerging markets debt (1.8%), REITs (0.8%), emerging markets equity (3.7%), international developed equity (10%), U.S. small cap equity (1.6%), U.S. mid cap equity (2.8%), and U.S. large cap equity (21.2%); it operates within the target-date retirement category with a blend investment style, daily pricing, a net expense ratio of 0.42%, and a minimum initial investment of $1 million for Class I shares. Launched on July 2, 2012, and domiciled in the United States, the fund has total net assets of approximately $1.62 billion and is available for sale primarily to U.S. institutional investors through retirement plans and other channels. A portfolio management team led by Daniel Oldroyd (since 2012), Jeffrey Geller (since 2012), Ove Fladberg (since 2022), and Anshul Mohan (since 2023) employs a multi-asset solutions approach informed by J.P. Morgan's research, including participant data from JPMorgan Chase Bank, with active asset allocation adjustments and manager selection from over 100 strategies. In recent major changes, the fund integrated the JPMorgan SmartRetirement Blend 2020 Fund via merger on April 25, 2025, as part of a broader operational shift announced November 1, 2024, whereby target-date funds in the series merge into the income fund several years post-target date to streamline retirement spending strategies; the series also updated its glide path in 2021 to elevate equity exposure (up to 94% for young investors, landing at 40% equities) based on retirement savings research, with further equity trims of 2 percentage points for 2035+ dated portfolios, and refined underlying managers as of April 1, 2025. These enhancements incorporate the SmartSpending program for guided annual share drawdowns and reflect ongoing innovation, such as expanded investment committee processes and proprietary risk tools at J.P. Morgan Asset Management.