JPMorgan New York Tax Free Bond Fund Class C (JCNTX)
| Fund Assets | 392.25M |
| Expense Ratio | 1.05% |
| Min. Investment | $1,000 |
| Turnover | 51.00% |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 2.87% |
| Dividend Growth | 16.11% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 29, 2025 |
| Previous Close | 6.21 |
| YTD Return | -1.88% |
| 1-Year Return | -1.38% |
| 5-Year Return | -2.72% |
| 52-Week Low | 6.15 |
| 52-Week High | 6.52 |
| Beta (5Y) | n/a |
| Holdings | 196 |
| Inception Date | Jan 31, 2003 |
About JCNTX
JPMorgan New York Tax Free Bond Fund Class C is a mutual fund focused on providing tax-exempt income to investors by primarily investing in municipal bonds issued within New York State. Its main objective is to deliver monthly dividends that are excluded from federal and, in most cases, state and local income tax for New York residents. The fund targets securities with an average dollar-weighted maturity between three and ten years and generally holds bonds rated BBB- or higher, emphasizing both credit quality and relative price stability. The portfolio's yield reflects its focus on generating tax-free income, with recent standardized yields around 2.9%. This fund plays a significant role for investors seeking efficient income solutions while managing tax liabilities, especially those residing in New York. By concentrating on New York municipal securities, it supports infrastructure, education, and various public projects within the state, serving both individual and institutional investors looking to maximize after-tax returns through a diversified, professionally managed portfolio of municipal debt instruments.
Performance
JCNTX had a total return of -1.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.56%.
Top 10 Holdings
18.73% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Institutional Tax Free Money Market Fund | JOIXX | 5.21% |
| Battery Park City Authority, Series 2019D-1 | n/a | 3.44% |
| City of Jamestown NY - City of Jamestown | NY.JAM 4.25 05.15.2026 | 1.45% |
| New York State Thruway Authority, Personal Income Tax, Series 2022A | NY.NYSTRN 5 03.15.2041 | 1.32% |
| New York State Dormitory Authority, Court Facilities Lease, Series 2005A | NY.NYSHGR 5.5 05.15.2026 | 1.30% |
| Triborough Bridge & Tunnel Authority - Triborough Bridge and Tunnel Authority, Series 2024B,SubseriesB-3 | NY.TRBTRN 11.15.2043 | 1.28% |
| New York State Dormitory Authority, State Sales Tax, Series 2015B | NY.NYSHGR 5 03.15.2030 | 1.27% |
| Main Street Natural Gas, Inc., Gas Supply, Series 2024E | n/a | 1.25% |
| Empire State Development Corp., State Sales Tax, Series 2021A | NY.NYSFAC 4 03.15.2044 | 1.14% |
| New York State Housing Finance Agency, 160 Madison Avenue LLC, Series 2013A | NY.NYSHSG 11.01.2046 | 1.07% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 29, 2025 | $0.01437 | Jul 30, 2025 |
| Jun 26, 2025 | $0.0165 | Jun 27, 2025 |
| May 28, 2025 | $0.01562 | May 29, 2025 |
| Apr 28, 2025 | $0.01611 | Apr 29, 2025 |
| Mar 27, 2025 | $0.0146 | Mar 28, 2025 |
| Feb 26, 2025 | $0.01471 | Feb 27, 2025 |