# JPMorgan SmartRetirement Blend 2035 Fund Class R5 (JPBRX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/jpbrx 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 for substantial overall growth in its early stages. As the year 2035 — its target retirement date — draws closer and then passes, its strategy gradually shifts to prioritize generating income for investors, while still seeking modest capital appreciation. It is specifically designed for individuals planning to retire around 2035 and who expect to draw upon their investment gradually throughout their retirement years. To achieve its goals, the fund diversifies its portfolio across stocks (equities), bonds (debt), and highly liquid assets (cash/cash equivalents). It primarily d... ## Key Facts | Metric | Value | |---|---| | Price | $35.69 | | Expense Ratio | 0.27% | | Assets Under Management | $4.03B | | NAV | $35.69 | | Holdings Count | — | | Distribution Yield (TTM) | 2.75% | | Annual Distribution (TTM) | $0.98 /share | | Distribution Frequency | Annual | | 52-Week Range | $32.13 – $36.82 | | Beta | 1.03 | ## Latest Distribution - Amount: $0.9824 /share - Ex-date: 2025-12-31 - Pay date: 2026-01-02 ## Frequently Asked Questions ### What does JPBRX invest in? This fund aims for substantial overall growth in its early stages. As the year 2035 — its target retirement date — draws closer and then passes, its strategy gradually shifts to prioritize generating income for investors, while still seeking modest capital appreciation. It is specifically designed for individuals planning to retire around 2035 and who expect to draw upon their investment gradually throughout their retirement years. To achieve its goals, the fund diversifies its portfolio across stocks (equities), bonds (debt), and highly liquid assets (cash/cash equivalents). It primarily does this by investing in other mutual funds and Exchange Traded Funds (ETFs) within the same family of investment companies. In certain limited circumstances, it may also allocate capital to passive ETFs managed by external advisory firms, or make direct investments in specific securities and other financial instruments. ### What is the expense ratio of JPBRX? JPMorgan SmartRetirement Blend 2035 Fund Class R5 (JPBRX) charges an expense ratio of 0.27%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is JPBRX? JPMorgan SmartRetirement Blend 2035 Fund Class R5 (JPBRX) manages $4.03B 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 JPBRX actively managed or an index fund? JPBRX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was JPBRX launched? JPMorgan SmartRetirement Blend 2035 Fund Class R5 (JPBRX) launched in July 2012 and is managed by JPMorgan. ### How has JPBRX performed? JPBRX'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 JPBRX pay a dividend? JPMorgan SmartRetirement Blend 2035 Fund Class R5 (JPBRX) currently distributes little or no income. Trailing-twelve-month yield is 2.75%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does JPBRX pay dividends? JPMorgan SmartRetirement Blend 2035 Fund Class R5 pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is JPBRX's dividend yield? JPBRX's trailing-twelve-month yield is 2.75%, calculated from the sum of dividends over the past year divided by the current price. ### When is JPBRX's next ex-dividend date? The most recently announced ex-dividend date for JPBRX 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 JPBRX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.27% 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 JPBRX charge its expense ratio? The expense ratio is deducted in tiny daily slices from JPBRX'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 JPBRX cost more than a fund like VOO? JPBRX's strategy (current expense ratio 0.27%) 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 JPBRX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to JPBRX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as JPBRX (0.27%) 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/jpbrx - Distribution history: https://www.dividenddata.com/funds/jpbrx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/jpbrx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/jpbrx/expenses - Peer comparison: https://www.dividenddata.com/funds/jpbrx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.