JPMorgan SmartRetirement 2050 Fund Class C
JTSCX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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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
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- JPMorgan Trust I DE United States of America
- IPO Date
- Jul 31, 2007
- CIK
- 0001217286
- Website
- am.jpmorgan.com
- Similar Companies
- Business
- JPMorgan SmartRetirement 2050 Fund Class C (JTSCX) is a target-date mutual fund managed by J.P. Morgan Asset Management that seeks high total return with a gradual shift to current income and capital appreciation as it approaches and passes the 2050 target retirement date. The fund provides exposure to a diversified mix of equity, fixed income, and cash equivalents through investments in underlying J.P. Morgan mutual funds and ETFs, including U.S. large cap equity (48.7%), international developed equity (23.1%), emerging markets equity (8.5%), U.S. fixed income (6.9%), U.S. mid cap equity (6.5%), REITs (1.9%), high yield (0.9%), U.S. small cap equity (3.5%), and emerging markets debt (0.3%); top holdings feature JPMorgan US Research Enhanced Equity R6, JPMorgan US Equity R6, JPMorgan Growth Advantage R6, and JPMorgan International Research Enhanced Equity ETF. Launched on July 31, 2007, with headquarters in New York, the fund operates primarily in the U.S. market, targeting investors planning retirement around 2050, and maintains assets under management of approximately $3.2 billion with a net expense ratio of 1.41%. Recent developments include a 2 percentage point reduction in equity allocations for funds dated 2035 or later in 2024 based on retirement research indicating lower risk needs to achieve goals; implementation of a post-target-date merger into the SmartRetirement Income Fund starting November 2024 while retaining SmartSpending guidance via online tools; and the August 2024 launch of the SmartRetirement Lifetime Income solution in partnership with Equitable, enhancing retirement income options through a stable value structure and lifetime payments from participating insurers. The fund is overseen by the Multi-Asset Solutions team, including portfolio managers Daniel Oldroyd (26 years experience), Ove Fladberg (26 years), Anshul Mohan (15 years), and Jeffrey Geller (47 years), leveraging participant data from Chase Bank and the Employee Benefit Research Institute for glidepath adjustments.