SMTIX Performance — JPMorgan SmartRetirement 2040 Fund, Class R5
Data updated: 2026-09-11
SMTIX returned +8.57% year to date and +16.95% over one year to Jun 2026. Annualised returns are +15.19% over 3 years and +7.94% 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 10.40% a year. In the 12 months to Jun 2026 the fund lost a net $831.2M, and assets reached $3.67B.
SMTIX Growth of $100
What $100 invested in JPMorgan SmartRetirement 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 | SMTIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $117 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $153 | $150 |
| 5 years (Jul 2021 – Jun 2026) | $147 | $143 |
| Since data start (Jul 2019 – Jun 2026) | $201 | $187 |
SMTIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +8.57% |
| 1 year | +16.95% |
| 3 years (annualised) | +15.19% |
| 5 years (annualised) | +7.94% |
SMTIX Annual Returns
Calendar-year total returns of JPMorgan SmartRetirement 2040 Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +8.57% |
| 2025 | +16.75% |
| 2024 | +13.12% |
| 2023 | +18.93% |
| 2022 | −17.74% |
| 2021 | +15.74% |
| 2020 | +15.09% |
| 2019 (Jul–Dec) | +7.72% |
SMTIX 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 | +2.3% | +1.6% | −5.4% | +7.0% | +2.8% | +0.5% | — | — | — | — | — | — |
| 2025 | +2.8% | +0.2% | −3.1% | −0.1% | +4.5% | +4.0% | +0.6% | +2.5% | +2.4% | +1.1% | +0.4% | +0.6% |
| 2024 | +0.2% | +3.8% | +2.8% | −3.4% | +3.8% | +1.7% | +2.0% | +2.1% | +1.7% | −2.1% | +3.4% | −3.2% |
| 2023 | +7.0% | −2.6% | +1.9% | +1.0% | −0.8% | +4.7% | +2.7% | −2.4% | −3.9% | −2.4% | +7.8% | +5.1% |
| 2022 | −4.3% | −2.8% | +0.7% | −7.1% | 0.0% | −7.2% | +6.3% | −3.6% | −8.1% | +4.7% | +7.5% | −3.9% |
| 2021 | 0.0% | +2.7% | +2.0% | +4.0% | +1.3% | +0.3% | +0.5% | +1.9% | −3.8% | +4.7% | −2.5% | +3.9% |
| 2020 | −0.9% | −5.9% | −14.1% | +9.2% | +4.1% | +3.0% | +5.2% | +4.6% | −2.6% | −1.5% | +11.2% | +4.7% |
| 2019 | — | — | — | — | — | — | +0.1% | −1.4% | +1.6% | +2.1% | +2.0% | +3.1% |
SMTIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 10.40%
- 3-year Sharpe ratio: 1.03 (vs 4.5% risk-free rate)
- Best month: +7.81% (Nov 2023)
- Worst month: −5.42% (Mar 2026)
SMTIX Fund Flows
Monthly money in and out of JPMorgan SmartRetirement 2040 Fund, from SEC Form N-PORT.
- 12-month net flow: −$831.2M
- 12-month gross sales (incl. reinvestments): $812.7M
- Sales ÷ redemptions: 0.49×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $44.5M | $72.6M | −$28.0M |
| May 2026 | $42.3M | $87.5M | −$45.3M |
| Apr 2026 | $45.9M | $63.3M | −$17.5M |
| Mar 2026 | $51.2M | $46.5M | $4.7M |
| Feb 2026 | $39.0M | $56.1M | −$17.1M |
| Jan 2026 | $164.8M | $921.6M | −$756.8M |
| Dec 2025 | $191.3M | $127.1M | $64.1M |
| Nov 2025 | $41.2M | $51.4M | −$10.2M |
| Oct 2025 | $48.1M | $56.1M | −$8.0M |
| Sep 2025 | $47.7M | $45.6M | $2.1M |
| Aug 2025 | $47.2M | $44.8M | $2.3M |
| Jul 2025 | $49.7M | $71.2M | −$21.5M |
SMTIX Assets Under Management
Net assets of JPMorgan SmartRetirement 2040 Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $3.67B |
| 2026-03-31 | $3.41B |
| 2025-12-31 | $4.24B |
| 2025-09-30 | $4.35B |
| 2025-06-30 | $4.14B |
| 2025-03-31 | $3.87B |
| 2024-12-31 | $3.78B |
| 2024-09-30 | $3.98B |
| 2024-06-30 | $3.82B |
| 2024-03-31 | $3.83B |
| 2023-12-31 | $3.76B |
| 2023-09-30 | $3.51B |
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.