JPMorgan Tax Aware Real Return Fund (TXRCX)
| Fund Assets | 597.50M |
| Expense Ratio | 1.20% |
| Min. Investment | $1,000 |
| Turnover | 74.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 2.64% |
| Dividend Growth | 0.29% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 26, 2025 |
| Previous Close | 9.41 |
| YTD Return | 1.76% |
| 1-Year Return | 0.98% |
| 5-Year Return | 12.26% |
| 52-Week Low | 9.03 |
| 52-Week High | 9.48 |
| Beta (5Y) | n/a |
| Holdings | 346 |
| Inception Date | Aug 31, 2005 |
About TXRCX
JPMorgan Tax Aware Real Return Fund Class C is a mutual fund that focuses on delivering tax-efficient, inflation-protected returns by primarily investing in municipal bonds whose interest payments are federally tax-exempt. Its core objective is to maximize after-tax real return, making it a notable option for investors seeking income that maintains purchasing power and is sheltered from federal income taxes. The fund typically manages a diversified portfolio of municipal obligations, with an average dollar-weighted maturity ranging between three and ten years, thus balancing interest rate risk with intermediate-term exposure. With over 300 holdings, the fund diversifies across different states, sectors, and issuers to help reduce credit and sector concentration risk. Nearly all of its assets are in bonds, with a small allocation to cash, and it distributes income monthly. By emphasizing tax-aware strategies and broad sector allocation within the municipal market, this fund plays a specialized role for investors interested in after-tax income stability amid inflationary environments.
Performance
TXRCX had a total return of 0.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.56%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWITX | Vanguard | Vanguard Interm-Term Tx-Ex Inv | 0.17% |
Top 10 Holdings
20.70% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Institutional Tax Free Money Market Fund | JOIXX | 8.76% |
| New York City Transitional Finance Authority, Future Tax Secured Revenue - New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2023, Series 2023D, Subseries D-1 | NY.NYCGEN 5 11.01.2046 | 1.77% |
| Massachusetts Development Finance Agency, Children's Hospital Corp Obligated Group, Series 2024U-1 | MA.MASDEV 03.01.2048 | 1.77% |
| Oregon State Facilities Authority, Peacehealth, Series 2018A | OR.ORSFAC 08.01.2034 | 1.77% |
| Tennergy Corp./TN - Tennergy Corp., Gas Supply, Series 2021A | TN.TGYPWR 12.01.2051 | 1.29% |
| City of Houston TX Combined Utility System Revenue - City of Houston, Combined Utility System, Junior Lien, Series 2002A | TX.HOUUTL 5.75 12.01.2032 | 1.16% |
| State of Illinois, Series 2022A | IL.ILS 5 03.01.2033 | 1.14% |
| Salt Verde Financial Corp., Series 2007-1 | AZ.SLTPWR 5 12.01.2032 | 1.07% |
| Virginia Public School Authority, Prince William County, Series 2023 | VA.VASSCD 4.25 10.01.2039 | 0.99% |
| Parish of St. John the Baptist LA - Parish of St. John the Baptist, Marathon Oil Corp., Project, Series 2017A-1 | LA.SJBCTF 06.01.2037 | 0.98% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 26, 2025 | $0.02204 | Sep 29, 2025 |
| Aug 27, 2025 | $0.02266 | Aug 28, 2025 |
| Jul 29, 2025 | $0.02165 | Jul 30, 2025 |
| Jun 26, 2025 | $0.02196 | Jun 27, 2025 |
| May 28, 2025 | $0.02072 | May 29, 2025 |
| Apr 28, 2025 | $0.02131 | Apr 29, 2025 |