JPMorgan SmartRetirement 2050 Fund

JPMorgan Trust I · 8 share classes

Target-date 2050 fund
One fund, 8 share classes:JTSAXJTSCXJTSSXJTSIXJTSZXJTSYXJTSPXJTSQX
$2.85B NAV
24 positions · as of 2026-06-30 · filed 2026-08-28

Fund classification

Classified from what the fund holds · as of 2026 Q2

JPMorgan SmartRetirement 2050 Fund is a target-date 2050 fund.

Asset class
Target-date
Region
United States
Management
Actively managed
Fund type
Open-end fund
Target year
2050
Features
Fund of funds

Fund profile

As filed in the prospectus · 2025 Q4

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.

Strategy · summarised

The fund invests in a portfolio of mutual funds and exchange-traded funds—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 holdings and derivatives to implement its target allocations. The asset allocation begins heavily weighted to equities and gradually shifts toward fixed income and cash as the fund approaches its 2050 target retirement date, with actual allocations permitted to drift up to 15 percentage points from stated targets. Because the fund's actual allocations may differ materially from its stated targets, and the adviser may make discretionary adjustments beyond the normal 15-point band to reduce risk, fund composition can diverge significantly from the published glide path.

Expenses
0.39% 1.39%across 8 share classes
Share classGrossNet
JTSAX0.91%0.83%
JTSCX1.44%1.39%
JTSSX0.66%0.64%
JTSIX0.51%0.49%
JTSZX1.16%1.14%
JTSYX0.41%0.39%
JTSPX0.91%0.89%
JTSQX0.66%0.64%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 15.00% · as of 2025 Q4

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

99.99%
of net assets
Other98.58%
Cash & short-term1.23%
Bonds0.17%
Derivatives0.02%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 1 new1 exited

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+25.63%+58.46%+47.85%11.72%-9.09%
+24.90%+55.80%+43.74%11.71%-9.24%
+25.88%+59.43%+49.28%11.73%-9.07%
+26.01%+60.10%+50.35%11.69%-9.04%
+25.26%+57.00%+45.57%11.73%-9.15%
+26.16%+60.57%+51.12%11.72%-8.98%
+25.59%+58.25%+47.43%11.71%-9.14%
+25.85%+59.34%+49.21%11.73%-9.09%

These classes hold the same portfolio, so the 7.38pp spread over 5 years is the cost difference between them — roughly 1.48pp a year — not a difference in what they own.

Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Debt profile

What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-06-30

Avg coupon
4.13%
Avg maturity
0.59 yr
Coupon type

Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.

0%
floating
Fixed rate100.0%
Maturity ladder

Share of the fund's debt value in each maturity band, shortest first.

<1y
<1y100.0%
Flagged holdings
Defaulted: none reported
In arrears: none reported
Paid in kind: none reported

Based on what filers reported; a filer that never reported a flag also reads as none.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
JPMorgan International Research Enhanced Equity ETF13.38%$381.55M
JPMorgan U.S. Research Enhanced Equity Fund11.62%$331.34M
JPMorgan U.S. Equity FundJUEMX11.62%$331.24M
JPMorgan Value Advantage Fund11.20%$319.49M
JPMorgan Growth Advantage Fund11.10%$316.42M
JPMorgan Global Select Equity ETF9.19%$262.00M
JPMorgan International Equity FundJNEMX7.21%$205.56M
JPMorgan Core Plus Bond Fund4.78%$136.19M
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF4.10%$116.96M
JPMorgan ActiveBuilders Emerging Markets Equity ETF3.52%$100.52M
Showing 10 of 24Sign in to see more

Top 10 positions are 87.72% of net assets, top 25 100.00%, across 23 issuers.

See more of this fund's book

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