JPMorgan National Municipal Income Fund Class A (JITAX)
| Fund Assets | 1.95B |
| Expense Ratio | 0.65% |
| Min. Investment | $1,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.38% |
| Dividend Growth | 5.38% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Oct 21, 2025 |
| Previous Close | 10.62 |
| YTD Return | 3.74% |
| 1-Year Return | 3.86% |
| 5-Year Return | 4.16% |
| 52-Week Low | 9.95 |
| 52-Week High | 10.62 |
| Beta (5Y) | n/a |
| Holdings | 497 |
| Inception Date | Dec 31, 2003 |
About JITAX
JPMorgan National Municipal Income Fund Class A is an open-end mutual fund focused on U.S. municipal fixed income. Its primary objective is to deliver federally tax-exempt monthly income while preserving capital by investing predominantly in investment-grade municipal bonds issued by state and local governments to finance public infrastructure and services. The strategy spans a diversified, nationally oriented portfolio with an intermediate profile, aligning with the muni national intermediate category that balances interest-rate sensitivity and credit diversification. Managed by J.P. Morgan Asset Management, the fund employs fundamental credit research and active duration management against municipal bond benchmarks to navigate rate cycles and credit conditions. Investors use the fund to access broad municipal market exposure, potential tax advantages at the federal level, and a systematic income stream. The share class features a front-end sales charge structure and an expense ratio reduced by contractual waivers, reflecting a traditional A-share design. Within the municipal market ecosystem, the fund plays a role in channeling capital to essential public projects—such as transportation, education, and utilities—while offering a core building block for tax-aware fixed income allocation.
Performance
JITAX had a total return of 3.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.56%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWITX | Vanguard | Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares | 0.17% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 21, 2025 | $0.02726 | Oct 22, 2025 |
| Sep 26, 2025 | $0.03364 | Sep 29, 2025 |
| Aug 27, 2025 | $0.03403 | Aug 28, 2025 |
| Jul 29, 2025 | $0.03066 | Jul 30, 2025 |
| Jun 26, 2025 | $0.03179 | Jun 27, 2025 |
| May 28, 2025 | $0.03159 | May 29, 2025 |