JPMorgan Tax Free Bond Fund Class C (JTFCX)
| Fund Assets | 763.47M |
| Expense Ratio | 1.25% |
| Min. Investment | $1,000 |
| Turnover | 71.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.00% |
| Dividend Growth | -2.29% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 29, 2025 |
| Previous Close | 10.38 |
| YTD Return | -1.42% |
| 1-Year Return | -0.99% |
| 5-Year Return | -5.78% |
| 52-Week Low | 10.25 |
| 52-Week High | 10.94 |
| Beta (5Y) | 0.32 |
| Holdings | 376 |
| Inception Date | Jul 1, 2008 |
About JTFCX
The JPMorgan Tax Free Bond Fund Class C is a mutual fund that primarily targets current income that is exempt from federal income tax by investing at least 80% of its assets in municipal bonds issued by state and local governments across the United States. Designed to preserve capital and provide income, this fund holds a diversified portfolio of hundreds of municipal securities with an effective duration of approximately 6.6 years, positioning it in the national long municipal bond category. The fund distributes income monthly and generally appeals to investors seeking regular tax-advantaged income while maintaining moderate exposure to interest rate and credit risk. Although it benefits from a seasoned management team and sound investment process, its long-term returns have lagged both its benchmark municipal bond indices and peers, partly due to a relatively high expense ratio. The fund’s holdings support vital public projects such as schools, transportation, and infrastructure, underscoring its integral role in the broader municipal finance ecosystem.
Performance
JTFCX had a total return of -0.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.94%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.51% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.44% |
Top 10 Holdings
14.87% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Institutional Tax Free Money Market Fund | JOIXX | 4.29% |
| University of Wisconsin Hospitals & Clinics - University of Wisconsin Hospitals and Clinics, Series 2018C | WI.UNVMED 04.01.2048 | 1.81% |
| Tennergy Corp./TN - Tennergy Corp., Gas Supply, Series 2021A | n/a | 1.34% |
| State of Louisiana Gasoline & Fuels Tax Revenue - State of Louisiana Gasoline and Fuels Tax, Second Lien, Series 2023A-1 | n/a | 1.33% |
| University of North Carolina at Chapel Hill - University of North Carolina, Hospital at Chapel Hill, Series A | NC.UNCHGR 02.15.2031 | 1.20% |
| Central Plains Energy Project, Gas Project No. 5, Series 2022-1 | n/a | 1.05% |
| Black Belt Energy Gas District, Gas Project, Series 2024D | AL.BBEUTL 03.01.2055 | 1.01% |
| Port Authority of New York & New Jersey - Port Authority of New York and New Jersey, Consolidated, Series 93 | NY.PORTRN 6.12 06.01.2094 | 0.98% |
| Main Street Natural Gas, Inc., Gas Supply, Series 2023E, Subseries E-1 | n/a | 0.94% |
| Mount San Antonio Community College District, Election of 2008, Series 2013A | n/a | 0.91% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 29, 2025 | $0.02633 | Jul 30, 2025 |
| Jun 26, 2025 | $0.02837 | Jun 27, 2025 |
| May 28, 2025 | $0.02696 | May 29, 2025 |
| Apr 28, 2025 | $0.02628 | Apr 29, 2025 |
| Mar 27, 2025 | $0.02475 | Mar 28, 2025 |
| Feb 26, 2025 | $0.02598 | Feb 27, 2025 |