JPMorgan SmartRetirement Blend 2040 Fund Class R5
JOBBX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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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.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 277 Park Avenue 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 2040 Fund Class R5 (JOBBX) is a target-date mutual fund offered by J.P. Morgan Funds that provides a professionally managed, diversified portfolio designed for investors planning to retire around 2040; it strategically shifts its asset allocation from growth-oriented equities toward conservative fixed income and cash equivalents as the target date approaches and beyond, incorporating features to support post-retirement spending sustainability over approximately 35 years. The fund invests primarily in a blend of underlying J.P. Morgan funds across multiple asset classes, including U.S. large cap equity (approximately 41.7%), international developed equity (19.8%), U.S. fixed income (18.0%), U.S. mid cap equity (5.5%), emerging markets equity (7.3%), high yield (2.3%), U.S. small cap equity (3.0%), REITs (1.6%), and emerging markets debt (0.6%), with no current allocation to cash equivalents or inflation-managed fixed income; it employs a multi-manager approach led by the Multi-Asset Solutions team, leveraging insights from J.P. Morgan's asset class specialists for target asset allocation, strategy selection, and active adjustments based on market conditions and investor behavior models. Launched on July 2, 2012, the fund is domiciled in the United States, managed from J.P. Morgan Asset Management's operations headquartered in New York, New York, and serves primarily institutional and retirement plan investors such as those in employer-sponsored defined contribution plans across North America; it maintains net expenses of 0.270% through contractual fee waivers in effect through October 31, 2025, with assets under management of approximately $3.18 billion as of September 30, 2025. Recent developments include a Morningstar Bronze Medalist Rating reaffirmed as of November 21, 2024, reflecting strong analyst-driven conviction in its people, process, and parent organization, alongside a four-star overall Morningstar rating among 174 Target-Date 2040 peers as of September 30, 2025; the fund continues to emphasize dynamic glide path adjustments informed by J.P. Morgan's proprietary research, with no major acquisitions, partnerships, or structural changes reported in the past 1-2 years, maintaining its focus on total return transitioning to income and capital preservation.