JPMorgan SmartRetirement Blend 2030 Fund
Target-date 2030 fund
As of its 2026 Q2 report, JPMorgan SmartRetirement Blend 2030 Fund held 1,134 positions with $3.24B in net assets. Its ten largest holdings made up 70.6% of the fund. The JRBEX share class costs 0.42% a year. Over the 12 months to May 2026, JRBEX returned 19.0%, with dividends reinvested. In 2026 Q2 it added 84 new positions and exited 60.
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 a mix of J.P. Morgan mutual funds and ETFs, along with direct securities holdings, across equity, fixed income, and cash positions. Its asset allocation gradually shifts from equity-heavy toward fixed income as the fund approaches its 2030 target retirement year, becoming more conservative over time. The adviser uses passive funds for efficient markets like U.S. large-cap equities and actively managed funds elsewhere, with allocations that may deviate from stated targets by up to 15 percent as market conditions warrant.
What you own
| Company | Weight | Value | Shares |
|---|---|---|---|
OGFAXJPMorgan Equity Index Fund | 28.88% | $934.98M | — |
JPMorgan BetaBuilders International Equity ETF | 13.59% | $439.87M | — |
JPMorgan Core Plus Bond Fund | 9.08% | $293.96M | — |
JHYUXJPMorgan High Yield Fund | 5.46% | $176.66M | — |
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF | 3.19% | $103.38M | — |
EMRSXJPMorgan Emerging Markets Research Enhanced Equity Fund | 2.55% | $82.48M | — |
JPMorgan BetaBuilders Emerging Markets Equity ETF | 2.38% | $77.14M | — |
JPMorgan Inflation Managed Bond ETF | 2.11% | $68.21M | — |
MGMXXJPMorgan U.S. Government Money Market Fund | 1.88% | $60.79M | — |
JPMorgan BetaBuilders U.S. Small Cap Equity ETF | 1.45% | $46.80M | — |
The 200 largest of 1,134 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 | 71.15% |
| Bonds | 16.43% |
| Securitized | 10.52% |
| Cash & short-term | 1.88% |
| Derivatives | 0.05% |
Derivatives are shown at market value, not notional exposure.
How it has done
JRBEX share class · total returns with dividends reinvested
Volatility over the last 12 months: 7.88%. 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 6 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.42% | +19.04% | +49.06% | +36.53% | -7.77% | |
| 0.92% | +18.43% | +46.78% | +33.15% | -7.85% | |
| 0.27% | +19.20% | +49.72% | +37.56% | -7.74% | |
| 0.17% | +19.36% | +50.17% | +38.25% | -7.70% | |
| 0.67% | +18.74% | +47.92% | +34.81% | -7.81% | |
| 0.42% | +19.06% | +49.08% | +36.56% | -7.75% |
These classes hold the same portfolio, so the 5.10pp spread over 5 years is the cost difference between them — roughly 1.02pp a year — not a difference in what they own.
Fees & fund details
JPMorgan SmartRetirement Blend 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
- 0.17% – 0.92%· JRBEX 0.42%
- Portfolio turnover
- 25.00% 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.
84 new· the largest 4
60 exited· the largest 3
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 | 81.9% |
| Floating rate | 14.9% |
| Zero-coupon or unclassified | 3.2% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 1.9% |
| 1-3y | 7.3% |
| 3-5y | 16.0% |
| 5-10y | 32.3% |
| 10y+ | 42.4% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Most of this fund’s sensitivity is to interest rates, with credit spreads carrying about half as much.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Interest rates | 71% |
| Credit spreads | 29% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +0.88 yr |
| High yield | -0.08 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 3 mo | 0.06 yr | 3% |
| 1 yr | 0.40 yr | 21% |
| 5 yr | 0.68 yr | 36% |
| 10 yr | 0.50 yr | 26% |
| 30 yr | 0.25 yr | 13% |
| 3 mo | 0.00 yr | 0% |
| 1 yr | 0.07 yr | 9% |
| 5 yr | 0.20 yr | 26% |
| 10 yr | 0.40 yr | 51% |
| 30 yr | 0.12 yr | 15% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.06 | +0.00 | +0.00 | $332 | $86 |
| 1 yr | +0.40 | +0.06 | +0.01 | $19.1k | $3.1k |
| 5 yr | +0.68 | +0.30 | -0.10 | $98.5k | -$32.5k |
| 10 yr | +0.50 | +0.40 | +0.01 | $128.6k | $1.7k |
| 30 yr | +0.25 | +0.12 | +0.00 | $37.4k | $383 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Understand how this fund fits with the rest.
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