JPMorgan SmartRetirement 2030 Fund
Target-date 2030 fund
As of its 2026 Q2 report, JPMorgan SmartRetirement 2030 Fund held 22 positions with $3.58B in net assets. Its ten largest holdings made up 91.0% of the fund. The JSMAX share class costs 0.79% a year. Over the 12 months to May 2026, JSMAX returned 16.7%, with dividends reinvested. In 2026 Q2 it added no new positions and exited none.
The Fund seeks high total return with a shift to current income and some capital appreciation over time as the Fund approaches and passes the target retirement date.
The fund invests in underlying mutual funds and ETFs—primarily J.P. Morgan Funds for active strategies and J.P. Morgan passive ETFs for index exposure, with unaffiliated passive ETFs used only when J.P. Morgan equivalents are unavailable—along with direct securities and derivatives to implement a target allocation that shifts progressively toward fixed income as the fund approaches its 2030 target retirement date. The fund's actual allocations may diverge from its stated targets by up to 15 percent, or beyond that amount if the adviser determines conditions warrant substantial risk reduction to preserve capital.
What you own
| Company | Weight | Value | Shares |
|---|---|---|---|
JPMorgan Core Bond Fund | 27.47% | $982.53M | — |
JPMorgan U.S. Research Enhanced Equity Fund | 12.59% | $450.27M | — |
JUEMXJPMorgan U.S. Equity Fund | 12.36% | $442.11M | — |
JPMorgan Core Plus Bond Fund | 9.16% | $327.71M | — |
JPMorgan International Research Enhanced Equity ETF | 8.07% | $288.59M | — |
JPMorgan Global Select Equity ETF | 5.55% | $198.66M | — |
JHYUXJPMorgan High Yield Fund | 5.51% | $196.94M | — |
JNEMXJPMorgan International Equity Fund | 4.14% | $148.02M | — |
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | 4.00% | $143.12M | — |
JPMorgan Inflation Managed Bond ETF | 2.12% | $75.90M | — |
All 22 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Other | 99.33% |
| Cash & short-term | 0.56% |
| Bonds | 0.10% |
| Derivatives | 0.03% |
Derivatives are shown at market value, not notional exposure.
How it has done
JSMAX share class · total returns with dividends reinvested
Volatility over the last 12 months: 7.85%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 8 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.79% | +16.65% | +44.43% | +31.31% | -7.38% | |
| 1.35% | +16.06% | +42.02% | +27.67% | -7.56% | |
| 0.60% | +16.89% | +45.19% | +32.50% | -7.40% | |
| 0.45% | +17.09% | +45.88% | +33.55% | -7.36% | |
| 1.10% | +16.30% | +43.07% | +29.29% | -7.49% | |
| 0.35% | +17.15% | +46.26% | +34.17% | -7.31% | |
| 0.85% | +16.61% | +44.17% | +30.93% | -7.44% | |
| 0.60% | +16.86% | +45.26% | +32.52% | -7.37% |
These classes hold the same portfolio, so the 6.50pp spread over 5 years is the cost difference between them — roughly 1.30pp a year — not a difference in what they own.
Fees & fund details
JPMorgan SmartRetirement 2030 Fund is a target-date 2030 fund.
- Asset class
- Target-date
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Target year
- 2030
- Features
- Fund of funds
- Expense ratio, by class
- 0.35% – 1.35%· JSMAX 0.79%
- Portfolio turnover
- 14.00% a year · as of 2025 Q4
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
0 new
0 exited
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 100.0% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 100.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Understand how this fund fits with the rest.
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- “Where do my funds overlap — JSMAX, QQQ and the fund in my 401(k)?”
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