JOBEX Performance — JPMorgan SmartRetirement Blend 2040 Fund, Class I
Data updated: 2026-09-11
JOBEX returned +10.29% year to date and +20.46% over one year to Jun 2026. Annualised returns are +16.19% over 3 years and +8.52% over 5 years. The fund beat its Target-Date category average: $100 invested three years ago grew to $157, against $150 for the category, and to $120 over one year, against $118. Volatility over the past three years was 10.65% a year. In the 12 months to Jun 2026 the fund took in a net $97.2M, and assets reached $3.62B.
JOBEX Growth of $100
What $100 invested in JPMorgan SmartRetirement Blend 2040 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | JOBEX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $120 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $157 | $150 |
| 5 years (Jul 2021 – Jun 2026) | $150 | $143 |
| Since data start (Jul 2019 – Jun 2026) | $203 | $187 |
JOBEX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.29% |
| 1 year | +20.46% |
| 3 years (annualised) | +16.19% |
| 5 years (annualised) | +8.52% |
JOBEX Annual Returns
Calendar-year total returns of JPMorgan SmartRetirement Blend 2040 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +10.29% |
| 2025 | +18.46% |
| 2024 | +12.96% |
| 2023 | +18.16% |
| 2022 | −17.38% |
| 2021 | +15.61% |
| 2020 | +12.75% |
| 2019 (Jul–Dec) | +7.91% |
JOBEX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.7% | +1.7% | −5.3% | +7.5% | +3.5% | +0.2% | — | — | — | — | — | — |
| 2025 | +2.8% | +0.1% | −2.9% | +0.3% | +4.3% | +3.9% | +0.7% | +2.7% | +2.8% | +1.6% | +0.5% | +0.6% |
| 2024 | −0.1% | +3.4% | +2.7% | −3.6% | +4.0% | +1.5% | +2.3% | +2.0% | +1.9% | −2.3% | +3.5% | −2.8% |
| 2023 | +6.9% | −2.8% | +2.1% | +1.0% | −1.2% | +4.9% | +2.9% | −2.5% | −4.0% | −2.8% | +7.9% | +5.2% |
| 2022 | −4.5% | −2.9% | +1.2% | −7.1% | +0.4% | −7.3% | +6.3% | −3.7% | −8.4% | +5.1% | +7.4% | −3.8% |
| 2021 | −0.1% | +2.3% | +2.3% | +3.5% | +1.3% | +0.9% | +0.4% | +1.9% | −3.5% | +4.4% | −2.4% | +3.8% |
| 2020 | −1.0% | −6.3% | −13.7% | +8.9% | +4.2% | +2.5% | +4.4% | +4.6% | −2.4% | −1.9% | +11.1% | +4.3% |
| 2019 | — | — | — | — | — | — | +0.2% | −1.2% | +1.8% | +2.2% | +1.8% | +2.8% |
JOBEX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 10.65%
- 3-year Sharpe ratio: 1.10 (vs 4.5% risk-free rate)
- Best month: +7.90% (Nov 2023)
- Worst month: −5.26% (Mar 2026)
JOBEX Fund Flows
Monthly money in and out of JPMorgan SmartRetirement Blend 2040 Fund, from SEC Form N-PORT.
- 12-month net flow: $97.2M
- 12-month gross sales (incl. reinvestments): $572.2M
- Sales ÷ redemptions: 1.20×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $46.5M | $78.4M | −$31.8M |
| May 2026 | $28.5M | $30.7M | −$2.1M |
| Apr 2026 | $40.6M | $42.4M | −$1.9M |
| Mar 2026 | $63.5M | $59.9M | $3.6M |
| Feb 2026 | $49.4M | $31.0M | $18.4M |
| Jan 2026 | $119.4M | $58.6M | $60.8M |
| Dec 2025 | $48.9M | $26.7M | $22.2M |
| Nov 2025 | $27.5M | $21.6M | $5.9M |
| Oct 2025 | $46.5M | $28.3M | $18.2M |
| Sep 2025 | $33.7M | $28.5M | $5.1M |
| Aug 2025 | $28.0M | $35.3M | −$7.3M |
| Jul 2025 | $39.7M | $33.8M | $5.9M |
JOBEX Assets Under Management
Net assets of JPMorgan SmartRetirement Blend 2040 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $3.62B |
| 2026-03-31 | $3.28B |
| 2025-12-31 | $3.23B |
| 2025-09-30 | $3.18B |
| 2025-06-30 | $2.99B |
| 2025-03-31 | $2.74B |
| 2024-12-31 | $2.65B |
| 2024-09-30 | $2.82B |
| 2024-06-30 | $2.56B |
| 2024-03-31 | $2.50B |
| 2023-12-31 | $2.28B |
| 2023-09-30 | $2.13B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.