JPMorgan SmartRetirement Blend 2050 Fund

JPMorgan Trust I · 6 share classes

Target-date 2050 fund
One fund, 6 share classes:JNEAXJNNRXJNABXJNYAXJNTKXJNTPX
$2.81B NAV
16 positions · as of 2026-06-30 · filed 2026-08-28

Fund classification

Classified from what the fund holds · as of 2026 Q2

JPMorgan SmartRetirement Blend 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 mix of J.P. Morgan mutual funds and ETFs, along with direct securities holdings, across equity, fixed income, and cash asset classes. Its asset allocation gradually shifts from equity-heavy toward fixed income and cash as it approaches its 2050 target retirement year. The adviser favors passive funds for efficient markets like U.S. large-cap and developed international equities, and actively managed funds elsewhere, though it does not canvass the full universe of unaffiliated funds when selecting investments. Because the fund's actual allocations may deviate from its stated targets by up to 15 percent—or beyond that amount if the adviser determines conditions warrant substantial risk reduction—results may differ materially from the published glide path.

Expenses
0.17% 0.92%across 6 share classes
Share classGrossNet
JNEAX0.62%0.42%
JNNRX1.10%0.92%
JNABX0.44%0.27%
JNYAX0.34%0.17%
JNTKX0.84%0.67%
JNTPX0.59%0.42%

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

Portfolio turnover 17.00% · as of 2025 Q4

Allocation

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

100.01%
of net assets
Other98.37%
Cash & short-term1.41%
Bonds0.20%
Derivatives0.03%

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
+29.33%+63.66%+55.51%11.82%-9.72%
+28.68%+61.27%+51.73%11.80%-9.82%
+29.54%+64.45%+56.69%11.83%-9.66%
+29.67%+64.94%+57.46%11.82%-9.65%
+29.03%+62.47%+53.61%11.83%-9.79%
+29.36%+63.73%+55.53%11.84%-9.70%

These classes hold the same portfolio, so the 5.74pp spread over 5 years is the cost difference between them — roughly 1.15pp 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 Equity Index FundOGFAX48.11%$1.35B
JPMorgan BetaBuilders International Equity ETF23.12%$649.75M
JPMorgan BetaBuilders U.S. Mid Cap Equity ETF5.84%$164.10M
JPMorgan Core Plus Bond Fund4.75%$133.45M
JPMorgan BetaBuilders Emerging Markets Equity ETF4.37%$122.75M
JPMorgan Emerging Markets Research Enhanced Equity FundEMRSX4.23%$118.76M
JPMorgan BetaBuilders U.S. Small Cap Equity ETF2.88%$80.82M
JPMorgan BetaBuilders MSCI US REIT ETF1.86%$52.41M
JPMorgan Core Bond Fund1.58%$44.33M
JPMorgan U.S. Government Money Market FundMGMXX1.41%$39.55M
Showing 10 of 16Sign in to see more

Top 10 positions are 98.14% of net assets, top 25 100.02%, across 14 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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