JPMorgan Tax Free Bond Fund Class A (PMBAX)
| Fund Assets | 763.47M |
| Expense Ratio | 0.67% |
| Min. Investment | $1,000 |
| Turnover | 71.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.44% |
| Dividend Growth | -2.01% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 10.48 |
| YTD Return | -1.26% |
| 1-Year Return | -0.50% |
| 5-Year Return | -3.11% |
| 52-Week Low | 10.35 |
| 52-Week High | 11.04 |
| Beta (5Y) | n/a |
| Holdings | 376 |
| Inception Date | Mar 1, 1988 |
About PMBAX
JPMorgan Tax Free Bond Fund Class A is a municipal bond fund focused on investing in tax-exempt bonds, aiming to provide a stable income stream while minimizing federal income tax liabilities. The fund typically allocates at least 80% of its assets to municipal bonds, catering to investors seeking tax-efficient returns. Its investment strategy targets a mix of general obligation and revenue bonds, emphasizing stability while optimizing tax benefits. The fund's broad investment scope includes various sectors across the municipal bond market, making it a significant player in the fixed-income arena. By offering a high level of current income, it appeals to investors seeking steady returns alongside tax advantages.
Performance
PMBAX had a total return of -0.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.17%.
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 | $0.03204 | Jul 30, 2025 |
| Jun 26, 2025 | $0.03214 | Jun 27, 2025 |
| May 28, 2025 | $0.03144 | May 29, 2025 |
| Apr 28, 2025 | $0.03294 | Apr 29, 2025 |
| Mar 27, 2025 | $0.03005 | Mar 28, 2025 |
| Feb 26, 2025 | $0.03084 | Feb 27, 2025 |