JPMorgan New York Tax Free Bond I (JNYIX)
| Fund Assets | 396.71M |
| Expense Ratio | 0.45% |
| Min. Investment | $1,000,000 |
| Turnover | 51.00% |
| Dividend (ttm) | 0.22 |
| Dividend Yield | 3.41% |
| Dividend Growth | 10.46% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 27, 2025 |
| Previous Close | 6.41 |
| YTD Return | 0.69% |
| 1-Year Return | 0.08% |
| 5-Year Return | 3.19% |
| 52-Week Low | 6.18 |
| 52-Week High | 6.55 |
| Beta (5Y) | n/a |
| Holdings | 188 |
| Inception Date | Sep 10, 2001 |
About JNYIX
JPMorgan New York Tax Free Bond Fund I Shares is a municipal bond mutual fund designed to provide investors with regular monthly income that is exempt from federal, New York State, and New York City personal income taxes. The fund primarily invests in a diversified portfolio of municipal securities issued by entities in New York, focusing on maintaining a dollar-weighted average maturity between three and ten years. With an emphasis on income generation and capital preservation, this fund appeals to institutional investors seeking tax-advantaged income streams. The fund’s investment strategy eschews significant corporate debt exposure, aligning its credit quality with that of its municipal bond peers, and historically emphasizes intermediate maturities, sometimes extending slightly beyond the category norm. It pays dividends monthly and is notable for its relatively high yield compared to category averages, reflecting both its portfolio construction and local tax benefits. Since its inception in 2001, the fund has maintained a presence within the New York municipal bond sector, serving investors who prioritize tax efficiency and stable income within the fixed income market.
Performance
JNYIX had a total return of 0.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.78%.
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 | $0.01889 | Aug 28, 2025 |
| Jul 29, 2025 | $0.01755 | Jul 30, 2025 |
| Jun 26, 2025 | $0.01963 | Jun 27, 2025 |
| May 28, 2025 | $0.01874 | May 29, 2025 |
| Apr 28, 2025 | $0.01934 | Apr 29, 2025 |
| Mar 27, 2025 | $0.01796 | Mar 28, 2025 |