# JPMorgan SmartRetirement Blend 2040 Fund Class I (JOBEX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/jobex for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: JPMorgan · Asset class: Equity - Strategy: Thematic · Inception: 2012-07-02 This fund aims to achieve significant overall returns, with its strategy gradually shifting towards prioritizing a consistent income stream and some capital growth as it approaches and then moves beyond its target retirement date. It is primarily designed for investors planning to retire around 2040 and who intend to draw upon this investment throughout their post-career life. To accomplish its objectives, the fund diversifies its portfolio across various asset categories, such as equities (stocks), fixed income (bonds), and highly liquid assets (cash and equivalents). This is mainly achiev... ## Key Facts | Metric | Value | |---|---| | Price | $39.50 | | Expense Ratio | 0.42% | | Assets Under Management | $3.78B | | NAV | $39.50 | | Holdings Count | — | | Distribution Yield (TTM) | 2.28% | | Annual Distribution (TTM) | $0.90 /share | | Distribution Frequency | Annual | | 52-Week Range | $34.87 – $40.72 | | Beta | 1.12 | ## Latest Distribution - Amount: $0.9001 /share - Ex-date: 2025-12-31 - Pay date: 2026-01-02 ## Frequently Asked Questions ### What does JOBEX invest in? This fund aims to achieve significant overall returns, with its strategy gradually shifting towards prioritizing a consistent income stream and some capital growth as it approaches and then moves beyond its target retirement date. It is primarily designed for investors planning to retire around 2040 and who intend to draw upon this investment throughout their post-career life. To accomplish its objectives, the fund diversifies its portfolio across various asset categories, such as equities (stocks), fixed income (bonds), and highly liquid assets (cash and equivalents). This is mainly achieved by investing in mutual funds and exchange-traded funds (ETFs) from its own family of companies, though it may occasionally include passive ETFs managed by independent advisers or make direct investments in other financial instruments under specific circumstances. ### What is the expense ratio of JOBEX? JPMorgan SmartRetirement Blend 2040 Fund Class I (JOBEX) charges an expense ratio of 0.42%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is JOBEX? JPMorgan SmartRetirement Blend 2040 Fund Class I (JOBEX) manages $3.78B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is JOBEX actively managed or an index fund? JOBEX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was JOBEX launched? JPMorgan SmartRetirement Blend 2040 Fund Class I (JOBEX) launched in July 2012 and is managed by JPMorgan. ### How has JOBEX performed? JOBEX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does JOBEX pay a dividend? JPMorgan SmartRetirement Blend 2040 Fund Class I (JOBEX) currently distributes little or no income. Trailing-twelve-month yield is 2.28%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does JOBEX pay dividends? JPMorgan SmartRetirement Blend 2040 Fund Class I pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is JOBEX's dividend yield? JOBEX's trailing-twelve-month yield is 2.28%, calculated from the sum of dividends over the past year divided by the current price. ### When is JOBEX's next ex-dividend date? The most recently announced ex-dividend date for JOBEX was 2025-12-31. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will JOBEX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.42% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does JOBEX charge its expense ratio? The expense ratio is deducted in tiny daily slices from JOBEX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does JOBEX cost more than a fund like VOO? JOBEX's strategy (current expense ratio 0.42%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where JOBEX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to JOBEX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as JOBEX (0.42%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/jobex - Distribution history: https://www.dividenddata.com/funds/jobex/dividend - Holdings & diversification: https://www.dividenddata.com/funds/jobex/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/jobex/expenses - Peer comparison: https://www.dividenddata.com/funds/jobex/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.