JPMorgan Tax Free Bond Fund Class I (PRBIX)
| Fund Assets | 840.38M |
| Expense Ratio | 0.45% |
| Min. Investment | $1,000,000 |
| Turnover | 71.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 3.75% |
| Dividend Growth | 0.57% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 28, 2026 |
| Previous Close | 10.82 |
| YTD Return | 1.23% |
| 1-Year Return | 4.85% |
| 5-Year Return | 0.40% |
| 52-Week Low | 9.98 |
| 52-Week High | 10.83 |
| Beta (5Y) | n/a |
| Holdings | 405 |
| Inception Date | Feb 1, 1995 |
About PRBIX
JPMorgan Tax Free Bond Fund Class I is an open-end mutual fund designed to provide investors with a high level of current income exempt from federal income tax. The fund primarily invests at least 80% of its net assets in a diversified portfolio of U.S. municipal bonds, offering interest income that is generally free from federal taxation. Holding over 300 individual securities, its strategy involves broad diversification across various states and municipalities, reducing concentration risk across sectors and geographic regions. The portfolio may include some holdings subject to the federal alternative minimum tax. This fund is targeted at institutional investors due to its substantial minimum investment requirement. Characterized by a moderate expense ratio, monthly dividend distributions, and an emphasis on relative principal stability, JPMorgan Tax Free Bond Fund Class I plays a role in providing federally tax-exempt income while aiming for capital preservation and steady yield. Its focus on municipal fixed income makes it a significant vehicle within the tax-exempt bond market, particularly for organizations and high-net-worth clients seeking predictable, tax-advantaged income.
Performance
PRBIX had a total return of 4.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.74%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 28, 2026 | $0.03178 | Jan 29, 2026 |
| Dec 29, 2025 | $0.03435 | Dec 29, 2025 |
| Nov 25, 2025 | $0.03484 | Nov 26, 2025 |
| Oct 29, 2025 | $0.03427 | Oct 30, 2025 |
| Sep 26, 2025 | $0.0346 | Sep 29, 2025 |
| Aug 27, 2025 | $0.0348 | Aug 28, 2025 |