10/28/2024 | Press release | Distributed by Public on 10/28/2024 08:12
JPMorgan SmartRetirement® Income Fund
Class/Ticker: A/JSRAXC/JSRCXI/JSRSX
|
SHAREHOLDER FEES (Fees paid directly from your investment)
|
|||
Class A
|
Class C
|
Class I
|
|
Maximum Sales Charge (Load) Imposed
on Purchases as % of Offering Price
|
4.50%
|
NONE
|
NONE
|
Maximum Deferred Sales Charge (Load)
as % of Original Cost of the Shares
|
NONE1
|
1.00%
|
NONE
|
ANNUAL FUND OPERATING EXPENSES
(Expenses that you pay each year as a percentage of the value
of your investment)
|
|||
Class A
|
Class C
|
Class I
|
|
Management Fees
|
NONE
|
NONE
|
NONE
|
Distribution (Rule 12b-1)
Fees
|
0.25
|
0.75
|
NONE
|
Other Expenses
|
0.30
|
0.31
|
0.28
|
Service Fees
|
0.25
|
0.25
|
0.25
|
Remainder of Other
Expenses
|
0.05
|
0.06
|
0.03
|
Acquired Fund (Underlying
Fund) Fees and Expenses
|
0.35
|
0.35
|
0.35
|
Total Annual Fund Operating
Expenses
|
0.90
|
1.41
|
0.63
|
Fee Waivers and/or Expense
Reimbursements1
|
-0.21
|
-0.09
|
-0.06
|
Total Annual Fund Operating
Expenses after Fee Waivers
and/or Expense Reimburse-
ments1
|
0.69
|
1.32
|
0.57
|
IF YOU SELL YOUR SHARES, YOUR COST WOULD BE:
|
||||
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
CLASS A SHARES ($)
|
517
|
704
|
906
|
1,490
|
CLASS C SHARES ($)
|
234
|
437
|
763
|
1,544
|
CLASS I SHARES ($)
|
58
|
196
|
345
|
781
|
IF YOU DO NOT SELL YOUR SHARES, YOUR COST
WOULD BE:
|
||||
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
CLASS A SHARES ($)
|
517
|
704
|
906
|
1,490
|
CLASS C SHARES ($)
|
134
|
437
|
763
|
1,544
|
CLASS I SHARES ($)
|
58
|
196
|
345
|
781
|
Target Allocations1
|
|
Fixed Income
|
55.00
%
|
U.S. Fixed Income
|
41.60
%
|
Inflation Managed
|
5.00
%
|
High Yield Fixed Income
|
6.60
%
|
Emerging Markets Debt
|
1.80
%
|
Equity
|
40.00
%
|
U.S. Large Cap Equity
|
21.15
%
|
U.S. Mid Cap Equity
|
2.80
%
|
U.S. Small Cap Equity
|
1.55
%
|
REITs
|
0.80
%
|
International Equity
|
10.00
%
|
Emerging Markets Equity
|
3.70
%
|
Money Market/Cash and Cash Equivalents
|
5.00
%
|
Money Market/Cash and Cash Equivalents
|
5.00
%
|
YEAR-BY-YEAR RETURNS - CLASS A SHARES
|
Best Quarter
|
2nd quarter, 2020
|
9.15%
|
Worst Quarter
|
1st quarter, 2020
|
-9.46%
|
The Fund's year-to-date total return
|
through
|
9/30/24
|
was
|
10.27%
|
.
|
AVERAGE ANNUAL TOTAL RETURNS
(For periods ended December 31, 2023)
|
|||
Past
1 Year
|
Past
5 Years
|
Past
10 Years
|
|
CLASS A SHARES
|
|||
Return Before Taxes
|
6.60
%
|
3.89
%
|
3.35
%
|
Return After Taxes on Distributions
|
5.42
|
1.78
|
1.74
|
Return After Taxes on Distributions and
Sale of Fund Shares
|
4.05
|
2.60
|
2.19
|
CLASS C SHARES
|
|||
Return Before Taxes
|
9.97
|
4.20
|
3.30
|
CLASS I SHARES
|
|||
Return Before Taxes
|
11.82
|
4.98
|
3.95
|
BLOOMBERG U.S. AGGREGATE INDEX1
(Reflects No Deduction for Fees,
Expenses, or Taxes)
|
5.53
|
1.10
|
1.81
|
S&P TARGET DATE RETIREMENT
INCOME INDEX
(Reflects No Deduction for Fees,
Expenses, or Taxes)
|
10.36
|
4.91
|
3.98
|
JPM SMARTRETIREMENT INCOME
COMPOSITE BENCHMARK
(Reflects No Deduction for Fees,
Expenses, or Taxes)
|
12.45
|
5.44
|
4.41
|
Portfolio Manager
|
Managed
Fund Since
|
Primary Title with
Investment Adviser
|
Daniel Oldroyd
|
2010
|
Managing Director
|
Silvia Trillo
|
2019
|
Managing Director
|
Ove Fladberg
|
2022
|
Managing Director
|
Anshul Mohan
|
2023
|
Managing Director
|
Jeffrey A. Geller
|
2008
|
Managing Director
|
For Class A and Class C Shares
|
|
To establish an account
|
$500
|
To add to an account
|
$50
|
For Class I Shares
|
|
To establish an account
|
$1,000,000
|
To add to an account
|
No minimum levels
|