JPMorgan California Tax Free Bond Fund (JCBSX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.99
+0.01 (0.10%)
Sep 12, 2025, 4:00 PM EDT
0.10%
Fund Assets401.34M
Expense Ratio0.35%
Min. Investment$5,000,000
Turnover61.00%
Dividend (ttm)0.33
Dividend Yield3.26%
Dividend Growth8.49%
Payout FrequencyMonthly
Ex-Dividend DateAug 27, 2025
Previous Close9.98
YTD Return1.33%
1-Year Return0.64%
5-Year Return2.15%
52-Week Low9.60
52-Week High10.17
Beta (5Y)n/a
Holdings248
Inception DateOct 1, 2018

About JCBSX

JPMorgan California Tax Free Bond Fund R6 is an actively managed municipal bond mutual fund focused on providing federally and California state tax‑exempt income to California residents. The fund normally invests at least 80% of assets in investment‑grade municipal securities whose interest is exempt from federal income tax, California personal income tax, and the federal alternative minimum tax for individuals, while maintaining moderate interest‑rate sensitivity typical of intermediate muni strategies. Managed within J.P. Morgan’s municipal platform, it emphasizes diversified exposure across California issuers and essential‑service revenue and general obligation bonds, seeking high after‑tax total return consistent with prudent credit selection and duration management. The R6 share class is designed for institutional platforms, featuring a low expense ratio and no distribution fees. With hundreds of holdings and an effective duration around the intermediate range, the fund plays a role in tax‑aware fixed income allocation, offering monthly distributions and potential ballast against equity volatility for investors needing state‑specific tax efficiency.

Fund Family JPMorgan
Category Muni California Intermediate
Stock Exchange NASDAQ
Ticker Symbol JCBSX
Share Class Class R6
Index Bloomberg California 1-17 Ys Muni Bond TR

Performance

JCBSX had a total return of 0.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.89%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
JPICXClass I0.45%
JCBAXClass A0.55%
JCBCXClass C1.05%

Top 10 Holdings

17.39% of assets
NameSymbolWeight
JPMorgan Institutional Tax Free Money Market FundJOAXX7.14%
CALIFORNIA ST 4%CA.CAS 4 10.01.20411.48%
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%CA.CCEDEV 02.01.20551.36%
LOS ANGELES CALIF 5%CA.LOS 5 06.25.20261.31%
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK NATL CHARTER SCH REVOLVING LN FCA.CASEDU 5 11.01.20291.20%
MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%GA.MAIUTL 05.01.20551.06%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5%AL.BBEUTL 03.01.20551.01%
SACRAMENTO CALIF MUN UTIL DIST ELEC REV 5%CA.SACPWR 08.15.20490.99%
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 9.5%CA.CASDEV 01.01.20650.95%
ALVORD CALIF UNI SCH DISTCA.ALVSCD 0 08.01.20360.90%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 27, 2025$0.029Aug 28, 2025
Jul 29, 2025$0.02806Jul 30, 2025
Jun 26, 2025$0.02868Jun 27, 2025
May 28, 2025$0.02797May 29, 2025
Apr 28, 2025$0.02848Apr 29, 2025
Mar 27, 2025$0.02722Mar 28, 2025
Full Dividend History