JPMorgan SmartRetirement® 2040 Fund Class R5
SMTIX
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
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Derek Izuel
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Columbus OH 43240 Denver CO United States of America 80202
- IPO Date
- May 15, 2006
- CIK
- 0001217286
- Website
- sheltoncap.com
- Similar Companies
- Business
- JPMorgan SmartRetirement 2040 Fund Class R5 (SMTIX) is a target-date mutual fund offered by J.P. Morgan Investment Management Inc., a subsidiary of JPMorgan Chase & Co., that provides retirement savings solutions through diversified portfolios designed for investors expecting to retire around 2040. The fund employs a glide path strategy that gradually shifts from growth-oriented assets to income-focused investments as the target date approaches; it invests primarily in underlying J.P. Morgan funds covering equities (U.S., international developed, and emerging markets), fixed income (core bonds, high yield, and inflation-linked securities), alternatives (real estate, commodities), and multi-asset strategies, with allocations adjusted based on age and risk tolerance. J.P. Morgan Investment Management, founded in 1871 as part of the legacy firm and headquartered in New York, New York, operates globally across the Americas, Europe, Asia-Pacific, and Middle East, serving institutional and retail investors including retirement plans, endowments, and individuals. The fund's core offerings include share classes such as R5 (institutional no-load with low expense ratio targeting retirement platforms), alongside R6 for fee-waived institutional use; it features automatic rebalancing, tax-efficient management, and ESG integration in select underlying funds. Recent enhancements include the 2023 expansion of the SmartRetirement suite with improved glide path modeling incorporating longer-term inflation forecasts and climate risk factors, alongside a strategic partnership with J.P. Morgan's Global Research team for enhanced macroeconomic inputs. In late 2024, the fund benefited from JPMorgan Chase's acquisition of First Republic Bank's wealth management assets, bolstering distribution channels; no major reorganizations or name changes have occurred in the past two years. The fund targets retirement savers in defined contribution plans like 401(k)s, with assets under management exceeding $5 billion across the series as of mid-2025.