JSRAX: JPMorgan SmartRetirement® Income A

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

JSRAX JPMorgan SmartRetirement® Income A


Profile

JSRAX - Profile

Vitals

  • YTD Return 2.1%
  • 3 Yr Annualized Return -1.8%
  • 5 Yr Annualized Return -1.1%
  • Net Assets $3.02 B
  • Holdings in Top 10 80.9%

52 WEEK LOW AND HIGH

$16.91
$16.57
$18.64

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.53%

SALES FEES

  • Front Load 4.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 22.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $500
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date Retirement

Distributions

  • YTD Total Return 2.1%
  • 3 Yr Annualized Total Return 1.0%
  • 5 Yr Annualized Total Return 1.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.62%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    JPMorgan SmartRetirement® Income Fund
  • Fund Family Name
    JPMorgan
  • Inception Date
    May 15, 2006
  • Shares Outstanding
    49326431
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Anne Lester

Fund Description

The fund is a "fund of funds" that primarily invests in other mutual funds within the same group of investment companies, and is generally intended for investors who are retired or about to retire soon. It is designed to provide exposure to a variety of asset classes through investments in underlying funds, with an emphasis on fixed income funds over equity funds and other funds.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Fund Company Quick Screens

JSRAX - Fund Company Quick Screens


Performance

JSRAX - Performance

Return Ranking - Trailing

Period JSRAX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.1% 0.0% 3.7% 28.20%
1 Yr -3.8% -5.5% 13.9% 98.12%
3 Yr -1.8%* -4.5% 8.6% 91.54%
5 Yr -1.1%* -3.0% 5.9% 88.63%
10 Yr 1.7%* -3.9% 8.0% 69.18%

* Annualized

Return Ranking - Calendar

Period JSRAX Return Category Return Low Category Return High Rank in Category (%)
2019 -1.0% -2.4% 22.9% 98.50%
2018 -9.9% -19.1% -3.6% 55.12%
2017 7.0% -12.3% 20.9% 66.06%
2016 2.7% -4.2% 7.5% 78.16%
2015 -3.6% -13.0% -0.3% 19.68%

Total Return Ranking - Trailing

Period JSRAX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.1% 0.0% 3.7% 28.20%
1 Yr -3.8% -5.5% 13.9% 98.12%
3 Yr 1.0%* -4.2% 10.6% 92.36%
5 Yr 1.5%* -3.0% 8.3% 85.84%
10 Yr 4.4%* -3.9% 10.5% 67.12%

* Annualized

Total Return Ranking - Calendar

Period JSRAX Return Category Return Low Category Return High Rank in Category (%)
2019 -1.0% -2.4% 22.9% 98.50%
2018 -5.2% -19.1% -0.9% 26.86%
2017 10.9% -12.3% 24.1% 54.74%
2016 5.0% 0.2% 9.8% 55.80%
2015 -1.2% -9.4% 0.7% 31.90%

NAV & Total Return History


Holdings

JSRAX - Holdings

Concentration Analysis

JSRAX Category Low Category High JSRAX % Rank
Net Assets 3.02 B 42 K 46.9 B 23.36%
Number of Holdings 23 1 588 27.82%
Net Assets in Top 10 2.47 B 0 46.9 B 23.24%
Weighting of Top 10 80.90% 0.0% 100.0% 49.05%

Top 10 Holdings

  1. JPMorgan Core Bond R6 26.99%
  2. JPMorgan Short Duration Core Plus R6 14.61%
  3. JPMorgan US Equity R6 7.27%
  4. JPMorgan Equity Income R6 7.16%
  5. JPMorgan High Yield R6 6.71%
  6. JPMorgan Inflation Managed Bond R6 5.03%
  7. JPMorgan International Equity R6 4.97%
  8. JPMorgan International Rsrch Enh Eq R6 3.47%
  9. iShares TIPS Bond ETF 2.59%
  10. JPMorgan Emerging Markets Equity R6 2.10%

Asset Allocation

Weighting Return Low Return High JSRAX % Rank
Bonds
60.69% -40.53% 79.28% 17.84%
Stocks
29.15% 0.00% 111.44% 81.57%
Cash
9.24% -85.78% 112.41% 22.07%
Convertible Bonds
0.85% 0.00% 1.36% 2.82%
Other
0.05% -0.25% 100.06% 50.47%
Preferred Stocks
0.02% 0.00% 7.53% 64.08%

Stock Sector Breakdown

Weighting Return Low Return High JSRAX % Rank
Financial Services
19.78% 3.32% 23.02% 9.35%
Technology
11.94% 2.95% 20.65% 89.11%
Healthcare
11.64% 1.62% 18.73% 73.25%
Industrials
11.20% 1.62% 16.11% 47.93%
Consumer Cyclical
10.15% 1.88% 12.42% 51.60%
Real Estate
9.25% 0.43% 46.10% 11.48%
Consumer Defense
8.51% 1.02% 14.47% 26.98%
Communication Services
6.20% 0.21% 11.08% 90.30%
Energy
4.39% 0.59% 15.76% 62.72%
Basic Materials
3.71% 0.76% 7.66% 79.41%
Utilities
3.23% 0.00% 13.14% 54.08%

Stock Geographic Breakdown

Weighting Return Low Return High JSRAX % Rank
US
17.51% 0.00% 64.14% 82.28%
Non US
11.64% 0.00% 47.30% 73.71%

Bond Sector Breakdown

Weighting Return Low Return High JSRAX % Rank
Corporate
31.12% 0.00% 51.51% 7.68%
Securitized
29.75% 0.00% 45.77% 10.17%
Government
25.96% 0.00% 99.40% 86.17%
Cash & Equivalents
13.05% 0.60% 112.41% 58.98%
Municipal
0.12% 0.00% 27.51% 60.40%
Derivative
0.00% -82.56% 32.16% 71.04%

Bond Geographic Breakdown

Weighting Return Low Return High JSRAX % Rank
US
52.19% -52.61% 74.67% 20.66%
Non US
8.50% -3.49% 24.72% 18.08%

Expenses

JSRAX - Expenses

Operational Fees

JSRAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.53% 0.00% 49.96% 51.32%
Management Fee 0.00% 0.00% 0.77% 19.81%
12b-1 Fee 0.25% 0.00% 1.00% 26.50%
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

JSRAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 4.50% 3.50% 5.75% 84.27%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

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

JSRAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 22.00% 0.00% 207.00% 57.09%

Distributions

JSRAX - Distributions

Dividend Yield Analysis

JSRAX Category Low Category High JSRAX % Rank
Dividend Yield 0.52% 0.00% 2.61% 5.63%

Dividend Distribution Analysis

JSRAX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Quarterly

Net Income Ratio Analysis

JSRAX Category Low Category High JSRAX % Rank
Net Income Ratio 2.62% -0.45% 4.93% 17.33%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

JSRAX - Fund Manager Analysis

Managers

Anne Lester


Start Date

Tenure

Tenure Rank

May 15, 2006

13.72

13.7%

Anne Lester, Managing Director, is a senior portfolio manager with JPMorgan Asset Management's Global Multi-Asset Group (GMAG). Since joining GMAG in 2000, Anne has been responsible for the JPMorgan's defined contribution asset allocation products . She is also the portfolio manager for a number of defined benefit plans. Anne joined the firm in 1992 as a fixed income and currency trader and portfolio manager in the firm’s Milan office, and relocated to the New York office in 1997. Prior to joining the firm, Anne was awarded a Fulbright Scholarship in 1990 and spent over a year in Tokyo, working for a member of the Japanese Parliament. Previously, she worked for the Senate Governmental Affairs Committee. Anne holds an A.B. in politics from Princeton University and an M.A. in international economics and Japan studies from the Johns Hopkins University School for Advanced International Studies.

Jeffrey Geller


Start Date

Tenure

Tenure Rank

Jul 02, 2008

11.59

11.6%

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

9.25

9.3%

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

0.97

1.0%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 17.35 4.52 0.08