JPMorgan Tax Free Bond Fund Class R6 (RUNFX)
| Fund Assets | 763.47M |
| Expense Ratio | 0.40% |
| Min. Investment | $5,000,000 |
| Turnover | 71.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 3.87% |
| Dividend Growth | -1.86% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 10.43 |
| YTD Return | -1.36% |
| 1-Year Return | -0.58% |
| 5-Year Return | -2.06% |
| 52-Week Low | 10.30 |
| 52-Week High | 10.99 |
| Beta (5Y) | n/a |
| Holdings | 376 |
| Inception Date | Oct 1, 2018 |
About RUNFX
JPMorgan Tax Free Bond Fund R6 is an actively managed mutual fund specializing in municipal bonds, with its primary objective being the delivery of current income that is exempt from federal income tax, while seeking to maintain relative stability of principal. The fund primarily invests at least 80% of its net assets in a diverse portfolio of municipal bonds from issuers across the United States, which enables investors to benefit from tax-advantaged income streams. The portfolio is structured across various maturities and emphasizes a value-driven approach rooted in rigorous credit research and risk assessment. Its holdings are predominantly in revenue bonds, with additional exposure to general obligation bonds and cash or prerefunded securities. The credit quality allocation is diversified across investment-grade and a smaller proportion of high-yield municipal bonds, aiming to balance income with credit risk. Managed by seasoned professionals at JPMorgan, the fund charges a competitive expense ratio and pays monthly dividends. It is designed for institutional investors, featuring a high minimum initial investment requirement. The fund plays a significant role in providing federally tax-exempt fixed income options within the municipal bond market, serving investors who prioritize income with potential tax efficiency.
Performance
RUNFX had a total return of -0.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.69%.
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 | $0.03447 | Jul 30, 2025 |
| Jun 26, 2025 | $0.03443 | Jun 27, 2025 |
| May 28, 2025 | $0.03389 | May 29, 2025 |
| Apr 28, 2025 | $0.03527 | Apr 29, 2025 |
| Mar 27, 2025 | $0.03254 | Mar 28, 2025 |
| Feb 26, 2025 | $0.03311 | Feb 27, 2025 |