JPMorgan Tax Aware Real Return Fund (TXRCX)
| Fund Assets | 573.73M |
| Expense Ratio | 1.20% |
| Min. Investment | $1,000 |
| Turnover | 74.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 2.61% |
| Dividend Growth | -0.57% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 27, 2025 |
| Previous Close | 9.42 |
| YTD Return | 1.87% |
| 1-Year Return | 1.73% |
| 5-Year Return | 12.26% |
| 52-Week Low | 9.03 |
| 52-Week High | 9.50 |
| 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 1.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.57%.
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
20.91% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Institutional Tax Free Money Market Fund | JOAXX | 8.86% |
| MASSACHUSETTS ST DEV FIN AGY REV 2.5% | MA.MASDEV 03.01.2048 | 1.79% |
| OREGON ST FACS AUTH REV 2.8% | OR.ORSFAC 08.01.2034 | 1.79% |
| Cash | n/a | 1.77% |
| TENNERGY CORP TENN GAS REV 4% | TN.TGYPWR 12.01.2051 | 1.30% |
| HOUSTON TEX WTR & SWR SYS REV 5.75% | TX.HOUUTL 5.75 12.01.2032 | 1.17% |
| ILLINOIS ST 5% | IL.ILS 5 03.01.2033 | 1.16% |
| SALT VERDE FINL CORP GAS REV ARIZ 5% | AZ.SLTPWR 5 12.01.2032 | 1.08% |
| VIRGINIA ST PUB SCH AUTH SPL OBLIG PRINCE WILLIAM CNTY 4.25% | VA.VASSCD 4.25 10.01.2039 | 1.00% |
| ST JOHN BAPTIST PARISH LA REV 4.05% | LA.SJBCTF 06.01.2037 | 0.99% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Mar 27, 2025 | $0.01967 | Mar 28, 2025 |