Morningstar

JPMorgan SmartRetirement® Blend 2040 Fund Class I JOBEX

Medalist Rating as of Sep 29, 2026 See JPMorgan Investment Hub

Strategy

The investment 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 is generally intended for investors who plan to retire around the year 2040 and then withdraw their investment in it throughout retirement. It is designed to provide exposure to equity, debt and cash/cash equivalent asset classes by investing in mutual funds and ETFs within the same group of investment companies, passive ETFs that are managed by unaffiliated investment advisers in certain limited instances and/or direct investments in securities and other financial instruments.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
JOBEX	JPMorgan SmartRetirement® Blend 2040 Fund Class I	Institutional	Open			Jul 2, 2012	$5.28M	0.420%	Average	$1M	$222,089.23
JOBBX	JPMorgan SmartRetirement® Blend 2040 Fund Class R5	Retirement, Large	Open			Jul 2, 2012	$22.59M	0.270%	Low	$0	$8.03M
JOBYX	JPMorgan SmartRetirement® Blend 2040 Fund Class R6	Retirement, Large	Open			Jul 2, 2012	$3.73B	0.170%	Low	$5M	$222.26M
—	JPMorgan SmartRetirement® Blend 2040 Fund Class R4	Retirement, Large	Open			May 31, 2017	$50.17M	0.420%	Average	$0	$243,293.93
JOBRX	JPMorgan SmartRetirement® Blend 2040 Fund Class R2	Retirement, Medium	Open			Jul 2, 2012	$828,786.00	0.920%	Average	$0	$44,997.51
—	JPMorgan SmartRetirement® Blend 2040 Fund Class R3	Retirement, Medium	Open			May 31, 2017	$15.30M	0.670%	Low	$0	$149,030.85

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