Fund Evaluator:
JPMorgan SmartRetirement® Blend 2055 R3 (JTTUX)
Follow This Fund
Best Performing in Target-Date 2055 Over the Last Year
| 23.7% | Fidelity Advisor Freedom Blend 2055 Z (FHPEX) |
| 23.1% | Fidelity Advisor Sust Trgt Dt 2055 Z (FSZNX) |
| 23.0% | Fidelity Advisor Sust Trgt Dt 2055 I (FSZMX) |
| 22.7% | BlackRock LifePath® Dyn 2055 Investor A (LPVAX) |
| 22.1% | BlackRock LifePath ESG Index 2055 Inv A (LEVAX) |
Fund Details
JPMorgan SmartRetirement® Blend 2055 R3 Overview
JPMorgan SmartRetirement® Blend 2055 R3 (JTTUX) is an actively managed Allocation Target-Date 2055 fund. JPMorgan launched the fund in 2017.
The investment seeks high total return with a shift to current income and some capital appreciation over time as the fund approaches and passes the target retirement date. The fund is generally intended for investors who plan to retire around the year 2055 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.
About JPMorgan SmartRetirement® Blend 2055 R3 (JTTUX)
There are 3 members of the management team with an average tenure of 7.09 years: Daniel Oldroyd (2012), Ove Fladberg (2022), Anshul Mohan (2023). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and S&P Target Date 2055 TR USD index with a weighting of 100%. JPMorgan SmartRetirement® Blend 2055 R3 has 14 securities in its portfolio. The top 10 holdings constitute 98.2% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
JPMorgan SmartRetirement® Blend 2055 R3 is part of the Allocation global asset class and is within the Allocation fund group. JPMorgan SmartRetirement® Blend 2055 R3 has 32.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 58.6%. There is 31.4% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 7.7% (6.8% domestic bond, 1.0% foreign bond and 0.0% convertible bond). JPMorgan SmartRetirement® Blend 2055 R3 has 2.2% of the portfolio in cash.
Assets Under Management
The fund has $4 million in total assets, which is below the $1 billion average for the Target-Date 2055 category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
JTTUX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The JPMorgan SmartRetirement® Blend 2055 R3 expense ratio is above average compared to funds in the Target-Date 2055 category. JPMorgan SmartRetirement® Blend 2055 R3 has an expense ratio of 0.67%, which is 1% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. JPMorgan SmartRetirement® Blend 2055 R3 has a portfolio turnover rate of 22%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 23% for the Target-Date 2055 category.
Recently, in the month of July 2026, JPMorgan SmartRetirement® Blend 2055 R3 returned -0.6%, which earned it a grade of C, as the Target-Date 2055 category had an average return of -0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
JPMorgan SmartRetirement® Blend 2055 R3 has a trailing yield of 1.84%, which is above the 1.55% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
JPMorgan SmartRetirement® Blend 2055 R3 Grades
Year to date, the fund has returned 11.1%, 0.6 percentage points better than the category, which translates into a grade of C. The fund has returned 21.2% over the past year (grade of B), 16.1% over the past three years (grade of D) and 9.2% per year over the past five years (grade of C) and 10.4% per year over the past 10 years (grade of D).
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JTTUX Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| JTTUX Return (NAV) | -0.6% | 3.6% | 21.2% | 16.1% | 9.2% | 10.4% |
| JTTUX Grade | C | B | B | D | C | D |
| +/- Category | 0.2% | 0.1% | 1.1% | -0.1% | 0.1% | -0.5% |
| Target-Date 2055 Avg | -0.8% | 3.5% | 20.1% | 16.2% | 9.0% | 10.9% |
| JTTUX Tax Cost Ratio | na | na | 0.9% | 0.6% | 0.8% | na |
JTTUX Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| JTTUX Return (NAV) | 11.1% | 19.7% | 14.2% | 19.1% | -18.0% | 17.2% | 12.6% | 24.0% | -8.8% | 19.9% | 8.6% |
| JTTUX Grade | C | C | D | D | B | C | F | F | C | F | B |
| +/- Category | 0.6% | 0.3% | -0.4% | -0.6% | 0.2% | -0.1% | -3.4% | -0.9% | -0.2% | -1.2% | 0.6% |
| Target-Date 2055 Avg | 10.5% | 19.5% | 14.6% | 19.8% | -18.2% | 17.3% | 16.1% | 24.9% | -8.5% | 21.1% | 8.0% |
| Risk Measures | |
| Standard Deviation: | 11.7% |
| Total Risk Index: | 0.95 - Average |
| Category Risk Index: | 0.98 - Below Average |
| Category Risk Grade: | B (30% Rank) |
| Beta: | 1.21 |
| R-Squared: | 94% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Blend |
| Bond Investment Style: | na |
| Yield: | 1.8% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $1722 Mil |
| Fund Total Assets: | $ 4 Mil |
| Share Class Type: | Retirement |
| Portfolio Turnover: | 22% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 14.1 years | |||
| Average Tenure: 7.1 years | |||
| Managers (Year): Oldroyd Daniel (2012), Fladberg Ove (2022), Mohan Anshul (2023) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 14 |
| % in Top 10 Holdings: | 98.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 32.3% |
Portfolio Allocation |
|
| Domestic Stock: | 58.6% |
| Foreign Stock: | 31.4% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 6.8% |
| Foreign Bond: | 1.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 2.2% |
Purchase Information
| Fund Family: | JPMorgan |
| Phone Number: | 800-480-4111 |
| Website: | www.jpmorganfunds.com |
| Status: | Open |
| Inception Date: | May 31, 2017 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | 0.25% |
Expenses and Fees | |
| Expense Ratio (%): | 0.67% ( Rating : Above Avg ) |
| Category Average Expense Ratio (%): | 0.68% |
| Share Class: | JPMorgan SmartRetirement® Blend 2055 R6 |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
