JPMorgan Tax Free Bond I (PRBIX)
| Fund Assets | 831.52M |
| Expense Ratio | 0.45% |
| Min. Investment | $1,000,000 |
| Turnover | 71.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 3.72% |
| Dividend Growth | -2.18% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 26, 2025 |
| Previous Close | 10.72 |
| YTD Return | 1.26% |
| 1-Year Return | 0.86% |
| 5-Year Return | 1.37% |
| 52-Week Low | 10.30 |
| 52-Week High | 10.96 |
| Beta (5Y) | n/a |
| Holdings | 388 |
| 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 0.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.31%.
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 | $0.0346 | Sep 29, 2025 |
| Aug 27, 2025 | $0.0348 | Aug 28, 2025 |
| Jul 29, 2025 | $0.03403 | Jul 30, 2025 |
| Jun 26, 2025 | $0.034 | Jun 27, 2025 |
| May 28, 2025 | $0.03343 | May 29, 2025 |
| Apr 28, 2025 | $0.03487 | Apr 29, 2025 |