JSAZX Performance — JPMorgan SmartRetirement 2045 Fund, Class R2
Data updated: 2026-09-11
JSAZX returned +8.90% year to date and +17.36% over one year to Jun 2026. Annualised returns are +15.33% over 3 years and +7.86% over 5 years. Against its Target-Date category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $153, against $150 for the category, and to $117 over one year, against $118. Volatility over the past three years was 11.04% a year. In the 12 months to Jun 2026 the fund lost a net $706.4M, and assets reached $2.90B.
JSAZX Growth of $100
What $100 invested in JPMorgan SmartRetirement 2045 Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | JSAZX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $117 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $153 | $150 |
| 5 years (Jul 2021 – Jun 2026) | $146 | $143 |
| Since data start (Jul 2019 – Jun 2026) | $202 | $187 |
JSAZX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +8.90% |
| 1 year | +17.36% |
| 3 years (annualised) | +15.33% |
| 5 years (annualised) | +7.86% |
JSAZX Annual Returns
Calendar-year total returns of JPMorgan SmartRetirement 2045 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +8.90% |
| 2025 | +16.79% |
| 2024 | +13.30% |
| 2023 | +19.16% |
| 2022 | −18.68% |
| 2021 | +16.77% |
| 2020 | +14.72% |
| 2019 (Jul–Dec) | +7.75% |
JSAZX 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 | +2.4% | +1.6% | −5.8% | +7.5% | +2.9% | +0.5% | — | — | — | — | — | — |
| 2025 | +2.9% | 0.0% | −3.4% | −0.3% | +4.8% | +4.2% | +0.6% | +2.5% | +2.4% | +1.1% | +0.3% | +0.6% |
| 2024 | +0.2% | +4.2% | +3.0% | −3.6% | +3.9% | +1.7% | +1.9% | +2.1% | +1.7% | −2.1% | +3.5% | −3.4% |
| 2023 | +7.2% | −2.7% | +1.8% | +1.1% | −0.9% | +5.2% | +2.9% | −2.7% | −4.2% | −2.5% | +8.1% | +5.2% |
| 2022 | −4.5% | −2.9% | +1.0% | −7.5% | −0.1% | −7.6% | +6.6% | −3.8% | −8.5% | +5.2% | +7.8% | −4.2% |
| 2021 | −0.1% | +3.1% | +2.3% | +4.3% | +1.4% | +0.3% | +0.4% | +2.0% | −4.2% | +5.2% | −2.8% | +4.2% |
| 2020 | −1.2% | −6.5% | −15.0% | +9.9% | +4.2% | +3.1% | +5.3% | +5.0% | −2.9% | −1.7% | +11.9% | +5.0% |
| 2019 | — | — | — | — | — | — | 0.0% | −1.7% | +1.7% | +2.2% | +2.1% | +3.3% |
JSAZX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 11.04%
- 3-year Sharpe ratio: 0.98 (vs 4.5% risk-free rate)
- Best month: +8.12% (Nov 2023)
- Worst month: −5.81% (Mar 2026)
JSAZX Fund Flows
Monthly money in and out of JPMorgan SmartRetirement 2045 Fund, from SEC Form N-PORT.
- 12-month net flow: −$706.4M
- 12-month gross sales (incl. reinvestments): $706.5M
- Sales ÷ redemptions: 0.50×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $37.5M | $53.9M | −$16.4M |
| May 2026 | $40.5M | $88.8M | −$48.3M |
| Apr 2026 | $42.7M | $52.4M | −$9.7M |
| Mar 2026 | $46.9M | $33.9M | $12.9M |
| Feb 2026 | $39.7M | $47.1M | −$7.4M |
| Jan 2026 | $127.8M | $811.2M | −$683.3M |
| Dec 2025 | $158.4M | $98.9M | $59.5M |
| Nov 2025 | $33.9M | $46.5M | −$12.6M |
| Oct 2025 | $40.0M | $46.2M | −$6.2M |
| Sep 2025 | $45.8M | $38.9M | $7.0M |
| Aug 2025 | $48.1M | $37.1M | $11.0M |
| Jul 2025 | $45.0M | $58.0M | −$13.0M |
JSAZX Assets Under Management
Net assets of JPMorgan SmartRetirement 2045 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $2.90B |
| 2026-03-31 | $2.67B |
| 2025-12-31 | $3.40B |
| 2025-09-30 | $3.46B |
| 2025-06-30 | $3.27B |
| 2025-03-31 | $3.03B |
| 2024-12-31 | $2.95B |
| 2024-09-30 | $3.06B |
| 2024-06-30 | $2.93B |
| 2024-03-31 | $2.94B |
| 2023-12-31 | $2.88B |
| 2023-09-30 | $2.66B |
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.