# JPMorgan SmartRetirement Blend 2040 Fd R6 (JOBYX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/jobyx 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 The fund is generally intended for investors who plan to retire around the year 2040 and then withdraw their investment in it throughout retirement. It is designed to provide exposure to equity, debt and cash/cash equivalent asset classes by investing in mutual funds and ETFs within the same group of investment companies, passive ETFs that are managed by unaffiliated investment advisers in certain limited instances and/or direct investments in securities and other financial instruments. ## Key Facts | Metric | Value | |---|---| | Price | $39.51 | | Expense Ratio | 0.17% | | Assets Under Management | $3.78B | | NAV | $39.51 | | Holdings Count | — | | Distribution Yield (TTM) | 2.49% | | Annual Distribution (TTM) | $0.98 /share | | Distribution Frequency | Annual | | 52-Week Range | $34.82 – $40.71 | | Beta | 1.11 | ## Latest Distribution - Amount: $0.9845 /share - Ex-date: 2025-12-31 - Pay date: 2026-01-02 ## Frequently Asked Questions ### What does JOBYX invest in? The fund is generally intended for investors who plan to retire around the year 2040 and then withdraw their investment in it throughout retirement. It is designed to provide exposure to equity, debt and cash/cash equivalent asset classes by investing in mutual funds and ETFs within the same group of investment companies, passive ETFs that are managed by unaffiliated investment advisers in certain limited instances and/or direct investments in securities and other financial instruments. ### What is the expense ratio of JOBYX? JPMorgan SmartRetirement Blend 2040 Fd R6 (JOBYX) charges an expense ratio of 0.17%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is JOBYX? JPMorgan SmartRetirement Blend 2040 Fd R6 (JOBYX) 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 JOBYX actively managed or an index fund? JOBYX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was JOBYX launched? JPMorgan SmartRetirement Blend 2040 Fd R6 (JOBYX) launched in July 2012 and is managed by JPMorgan. ### How has JOBYX performed? JOBYX'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 JOBYX pay a dividend? JPMorgan SmartRetirement Blend 2040 Fd R6 (JOBYX) currently distributes little or no income. Trailing-twelve-month yield is 2.49%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does JOBYX pay dividends? JPMorgan SmartRetirement Blend 2040 Fd R6 pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is JOBYX's dividend yield? JOBYX's trailing-twelve-month yield is 2.49%, calculated from the sum of dividends over the past year divided by the current price. ### When is JOBYX's next ex-dividend date? The most recently announced ex-dividend date for JOBYX 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 JOBYX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.17% 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 JOBYX charge its expense ratio? The expense ratio is deducted in tiny daily slices from JOBYX'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 JOBYX cost more than a fund like VOO? JOBYX's strategy (current expense ratio 0.17%) 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 JOBYX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to JOBYX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as JOBYX (0.17%) 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/jobyx - Distribution history: https://www.dividenddata.com/funds/jobyx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/jobyx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/jobyx/expenses - Peer comparison: https://www.dividenddata.com/funds/jobyx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.