JPMorgan Tax Free Bond C (JTFCX)
| Fund Assets | 831.52M |
| Expense Ratio | 1.25% |
| Min. Investment | $1,000 |
| Turnover | 71.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 2.94% |
| Dividend Growth | -2.47% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 26, 2025 |
| Previous Close | 10.73 |
| YTD Return | 1.70% |
| 1-Year Return | 1.09% |
| 5-Year Return | -1.56% |
| 52-Week Low | 10.25 |
| 52-Week High | 10.90 |
| Beta (5Y) | 0.34 |
| Holdings | 388 |
| 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 1.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.10%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
14.41% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Institutional Tax Free Money Market Fund | JOAXX | 3.99% |
| UNIVERSITY WIS HOSPS & CLINICS AUTH REV 2.7% | WI.UNVMED 04.01.2048 | 1.78% |
| TENNERGY CORP TENN GAS REV 4% | TN.TGYPWR 12.01.2051 | 1.33% |
| LOUISIANA ST GAS & FUELS TAX REV 2.75% | LA.LASGEN 05.01.2043 | 1.31% |
| UNIVERSITY N C HOSP CHAPEL HILL REV 2.75% | NC.UNCHGR 02.15.2031 | 1.18% |
| CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV 5% | NE.CENPWR 05.01.2053 | 1.04% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5% | AL.BBEUTL 03.01.2055 | 1.00% |
| PORT AUTH N Y & N J 6.125% | NY.PORTRN 6.12 06.01.2094 | 0.96% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | GA.MAIUTL 12.01.2053 | 0.94% |
| MOUNT SAN ANTONIO CALIF CMNTY COLLEGE DIST | CA.MSAHGR 0 08.01.2043 | 0.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 26, 2025 | $0.02757 | Sep 29, 2025 |
| Aug 27, 2025 | $0.02774 | Aug 28, 2025 |
| 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 |