JPMorgan Tax Free Bond R6 (RUNFX)
| Fund Assets | 831.52M |
| Expense Ratio | 0.40% |
| Min. Investment | $5,000,000 |
| Turnover | 71.00% |
| Dividend (ttm) | 0.41 |
| Dividend Yield | 3.77% |
| Dividend Growth | -2.16% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 26, 2025 |
| Previous Close | 10.76 |
| YTD Return | 1.38% |
| 1-Year Return | 0.99% |
| 5-Year Return | 1.79% |
| 52-Week Low | 10.30 |
| 52-Week High | 10.95 |
| Beta (5Y) | n/a |
| Holdings | 388 |
| 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 0.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.03%.
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 | $0.03503 | Sep 29, 2025 |
| Aug 27, 2025 | $0.03524 | Aug 28, 2025 |
| 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 |