JPMorgan SmartRetirement Passive Blend 2020 Fund
Fact sheet | December 31, 2023
JPMorgan SmartRetirement Passive Blend 2020 Fund
Target-Date 2020 | CF-Z
Vanguard?
Fund facts
Total net assets
$543 MM
Expense ratio as of 12/31/23
0.08%
Inception date
12/09/20
Fund number
8303
Investment objective
The Fund seeks total return with a shift to current income and some capital appreciation over time as the Fund approaches and passes the target retirement date.
Investment strategy
Focuses on delivering a well-diversified portfolio with an appropriate asset allocation throughout the retirement investment horizon. Managed by experienced Multi-Asset Solutions team with full access to insights from J.P. Morgan's asset class specialists.
Investment approach is implemented through strategic asset allocation, manager selection and tactical asset allocation.
Benchmark S&P Target Date 2020 TR USD Annual returns
Annual returns Fund Benchmark
2019 -- --
2020 -- --
2021 6.37 8.76
2022 -13.19 -12.81
2023 11.86 12.32
Total returns
Periods ended December 31, 2023
Total returns
Quarter
Year to date
One year
Three years
Since inception
Fund
7.98%
11.86%
11.86%
1.08%
1.54%
Benchmark
8.04%
12.32%
12.32%
2.12%
--
The performance data shown represent past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so investors' shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit our website at performance . Figures for periods of less than one year are cumulative returns. All other figures represent average annual returns. Performance figures include the reinvestment of all dividends and any capital gains distributions. All returns are net of expenses.
Fund allocation
Domestic Bonds
48.3%
Foreign Bonds
4.9
Domestic Stocks
25.6
Preferred Stock
0.1
Foreign Stocks
14.4
Convertible Stock
0.1
Short-Term Reserves
6.6
Other
0.1
F8303 122023
Fact sheet | December 31, 2023
JPMorgan SmartRetirement Passive Blend 2020 Fund
Target-Date 2020 | CF-Z
Ten largest holdings
1 JPMCB Core Bond Fund Inv 2 JPMCB Equity Index Fund Inv 3 JPMCB EAFE Equity Index Investment 4 JPMCB Core Plus Bond Inv 5 JPMCB High Yield Fund Inv 6 Jpmcb Liquidity Var 12/49 7 JPMCB Inflation Managed Bond Inv 8 JPMCB Mid Cap Equity Index Investment 9 JPMCB Small Cap Equity Index Investment 10 Emerg Mrkt Eq Ind Fd-Invest Cl Top 10 as % of total net assets
97.1%
Connect with Vanguard ? ? Plain talk about risk The fund is subject to the risks of its underlying funds. As the underlying funds invest in stocks and bonds the fund is subject to several stock and bond market risks, any of which could cause an investor to lose money. However, based on the fund's current allocation between stocks and the less volatile asset class of bonds, the fund's overall level of risk should be higher than those funds that invest the majority of their assets in bonds, but lower than those investing entirely in stocks. As the fund's allocation among underlying funds gradually changes, the fund's overall level of risk also will decline. In addition to the risks inherent in the asset classes of the underlying funds, the fund also is subject to asset allocation risk, which is the chance that the selection of underlying funds and the allocation of fund assets will cause the fund to underperform other funds with a similar investment objective. Investments in target-date funds are subject to the risks of their underlying funds. The year in the fund name refers to the approximate year when an investor in the fund would retire and leave the work force. The fund will gradually shift its emphasis from more aggressive investments to more conservative ones based on its target date. An investment in the target-date fund is not guaranteed at any time, including on or after the target date. Note on frequent trading restrictions Frequent trading policies may apply to those funds offered as investment options within your plan. Please log on to for your employer plans or contact Participant Services at 800-523-1188 for additional information.
? 2024 Morningstar, Inc. All Rights Reserved. The share class assets and fund profile information: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
This Investment is not a mutual fund. It is a collective trust avaliable only to tax-qualified plans and their eligible participants.
A prospectus is not available for this investment. For information visit , or call 800-523-1036. Investment objectives, risks, charges, expenses, and other important information should be considered carefully before investing.
? 2024 The Vanguard Group, Inc. All rights reserved.
F8303 122023
................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.