JPMorgan Tax Aware Real Return Fund Class A (TXRAX)

Fund Assets	608.13M
Expense Ratio	0.711%
Min. Investment	$1,000
Turnover	65.00%
Dividend (ttm)	0.31
Dividend Yield	3.40%
Dividend Growth	4.21%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 28, 2026

Previous Close	8.96
YTD Return	-1.87%
1-Year Return	-1.69%
5-Year Return	3.51%
52-Week Low	8.81
52-Week High	9.50
Beta (5Y)	0.26
Holdings	408
Inception Date	Aug 31, 2005

About TXRAX

JPMorgan Tax Aware Real Return Fund Class A is an actively managed municipal bond mutual fund focused on preserving and enhancing investors’ after‑tax income. Under normal conditions, it primarily invests in a diversified portfolio of U.S. municipal obligations whose interest is exempt from federal income tax, seeking to deliver real, tax‑efficient returns for taxable investors. The strategy targets the intermediate segment of the muni market, balancing credit quality and interest‑rate sensitivity to maintain moderate duration and risk exposure. It employs a research‑driven process to allocate across states, sectors, and structures, with attention to inflation dynamics, reinvestment considerations, and the tax implications of trading and distributions. By emphasizing federally tax‑exempt income and prudent risk management, JPMorgan Tax Aware Real Return Fund Class A serves as a core fixed income holding for investors aiming to reduce tax drag and stabilize portfolio cash flows, while providing diversification benefits relative to taxable bonds and equities.

• Fund Family: JPMorgan
• Category: Muni National Interm
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: TXRAX
• Share Class: Class A
• Index: Bloomberg 1-15 Y Municipal Blend TR

Performance

TXRAX had a total return of -1.69% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.01%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VWITX	Vanguard	Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares	0.17%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
TXRRX	Class R6	0.35%
TXRIX	Class I	0.45%
TXRCX	Class C	1.20%

Top 10 Holdings

18.30% of assets

Name	Symbol	Weight
JPMorgan Instl Tx Fr Mny Mkt IM	JOIXX	7.91%
Cash	n/a	1.94%
MASSACHUSETTS ST DEV FIN AGY REV 2.9%	MA.MASDEV 03.01.2048	1.57%
TENNERGY CORP TENN GAS REV 4%	TN.TGYPWR 12.01.2051	1.15%
ILLINOIS ST 5%	IL.ILS 5 03.01.2033	1.01%
HOUSTON TEX WTR & SWR SYS REV 5.75%	TX.HOUUTL 5.75 12.01.2032	1.00%
United States Treasury Bills	B.0 09.10.26	0.99%
SALT VERDE FINL CORP GAS REV ARIZ 5%	AZ.SLTPWR 5 12.01.2032	0.93%
DALLAS FORT WORTH TEX INTL ARPT REV 5%	TX.DALAPT 11.01.2050	0.91%
VIRGINIA ST PUB SCH AUTH SPL OBLIG PRINCE WILLIAM CNTY 4.25%	VA.VASSCD 4.25 10.01.2039	0.88%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 28, 2026	$0.02547	Sep 29, 2026
Aug 27, 2026	$0.02566	Aug 28, 2026
Jul 29, 2026	$0.0255	Jul 30, 2026
Jun 26, 2026	$0.02589	Jun 29, 2026
May 27, 2026	$0.02563	May 28, 2026
Apr 28, 2026	$0.02652	Apr 29, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

Data Sources Report a data error