JPMorgan National Municipal Income Fund Class R6 (JITZX)
| Fund Assets | 1.95B |
| Expense Ratio | 0.30% |
| Min. Investment | $5,000,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.83% |
| Dividend Growth | 1.65% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Oct 21, 2025 |
| Previous Close | 9.99 |
| YTD Return | 4.06% |
| 1-Year Return | 4.29% |
| 5-Year Return | 6.41% |
| 52-Week Low | 9.34 |
| 52-Week High | 9.99 |
| Beta (5Y) | n/a |
| Holdings | 497 |
| Inception Date | Nov 6, 2017 |
About JITZX
JPMorgan National Municipal Income Fund R6 is a U.S. mutual fund focused on tax‑advantaged fixed income, investing primarily in investment‑grade municipal bonds to deliver monthly income generally excluded from federal taxable income. The strategy targets the intermediate segment of the muni market, balancing credit quality and interest‑rate sensitivity to support capital preservation alongside steady distributions. Managed by J.P. Morgan Asset Management, the fund emphasizes diversified exposure across states, sectors, and issuers, typically holding several hundred securities to mitigate idiosyncratic risk and align with the national municipal category’s risk profile. It seeks competitive, fee‑efficient execution, with this share class positioned for institutional and retirement platforms and carrying a low expense ratio relative to peers. The fund’s role in portfolios is to provide core municipal bond exposure for investors prioritizing federally tax‑exempt income, with effective duration managed near the intermediate range to moderate volatility while participating in broad muni market dynamics such as rate cycles, credit spreads, and fiscal trends across state and local governments.
Performance
JITZX had a total return of 4.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.27%.
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 | $0.03402 | Aug 28, 2025 |
| Jul 29, 2025 | $0.03281 | Jul 30, 2025 |
| Jun 26, 2025 | $0.03385 | Jun 27, 2025 |
| May 28, 2025 | $0.03336 | May 29, 2025 |