JPMorgan SmartRetirement Blend 2040 Fund Class R5 (JOBBX)
JPMorgan SmartRetirement Blend 2040 Fund Class R5 operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $40.01, up 0.53% on the session, giving a market capitalisation of $3.64B. On trailing twelve-month figures it carries a trailing P/E of -57.05, a net margin of -16.0%. Its beta of 1.11 implies it has historically moved more than the broad market.
This fund aims for significant long-term growth, gradually shifting its focus to income generation and capital preservation as it nears and passes its target retirement date of 2040. It is designed for investors who anticipate retiring around 2040 and intend to withdraw their invested funds throughout their retirement years. The fund achieves diversified exposure across equities, fixed income, and cash-like assets primarily by investing in other mutual funds and exchange-traded funds (ETFs) within the same investment family, with occasional use of passive ETFs from external managers or direct investments in securities.
JPMorgan SmartRetirement Blend 2040 Fund Class R5 is most often compared with the following Financial Services names: