JPMorgan New York Tax Free Bond Fund (JCNTX)
| Fund Assets | 396.71M |
| Expense Ratio | 1.05% |
| Min. Investment | $1,000 |
| Turnover | 51.00% |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 2.82% |
| Dividend Growth | 13.73% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 27, 2025 |
| Previous Close | 6.37 |
| YTD Return | 0.49% |
| 1-Year Return | -0.17% |
| 5-Year Return | 0.11% |
| 52-Week Low | 6.15 |
| 52-Week High | 6.52 |
| Beta (5Y) | n/a |
| Holdings | 188 |
| 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 -0.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.66%.
Top 10 Holdings
18.93% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Institutional Tax Free Money Market Fund | JOAXX | 4.94% |
| BATTERY PK CITY AUTH N Y REV 2.68% | NY.BTYGEN 11.01.2038 | 3.50% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 2.75% | NY.NYCUTL 06.15.2049 | 1.54% |
| JAMESTOWN N Y 4.25% | NY.JAM 4.25 05.15.2026 | 1.47% |
| NEW YORK ST TWY AUTH ST PERS INCOME TAX REV 5% | NY.NYSTRN 5 03.15.2041 | 1.32% |
| NEW YORK ST DORM AUTH REVS 5.5% | NY.NYSHGR 5.5 05.15.2026 | 1.32% |
| TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX 5% | NY.TRBTRN 11.15.2043 | 1.29% |
| NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5% | NY.NYSHGR 5 03.15.2030 | 1.29% |
| NEW YORK ST URBAN DEV CORP ST SALES TAX REV 4% | NY.NYSFAC 4 03.15.2044 | 1.15% |
| NEW YORK ST HSG FIN AGY REV 2.85% | NY.NYSHSG 11.01.2046 | 1.09% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 27, 2025 | $0.01571 | Aug 28, 2025 |
| 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 |