JPMorgan Tax Aware Real Return Fund (TXRIX)
| Fund Assets | 573.73M |
| Expense Ratio | 0.45% |
| Min. Investment | $1,000,000 |
| Turnover | 74.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.34% |
| Dividend Growth | -0.56% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 27, 2025 |
| Previous Close | 9.47 |
| YTD Return | 2.22% |
| 1-Year Return | 2.24% |
| 5-Year Return | 16.34% |
| 52-Week Low | 9.08 |
| 52-Week High | 9.55 |
| Beta (5Y) | n/a |
| Holdings | 346 |
| Inception Date | Aug 31, 2005 |
About TXRIX
The JPMorgan Tax Aware Real Return Fund Class I is an institutional municipal bond fund designed to maximize after-tax, inflation-protected returns. Its primary function is to invest under normal circumstances in a diversified portfolio of municipal obligations—bonds issued by local and state governments—whose interest payments are typically exempt from federal income tax. The fund's strategy targets enhanced real returns by focusing on after-tax income and inflation protection, making it particularly relevant for investors seeking tax-advantaged income streams. Notably, the fund has a medium level of credit quality and interest rate sensitivity and maintains an effective duration of about five years, positioning it in the muni national intermediate category. It features a relatively low expense ratio compared to its peers and is managed by a seasoned team with substantial industry experience. The JPMorgan Tax Aware Real Return Fund Class I plays a significant role in the municipal bond sector by catering to institutional investors requiring tax efficiency and consistent income in a risk-moderated structure, especially amid changing inflation expectations and tax considerations.
Performance
TXRIX had a total return of 2.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.63%.
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 | $0.02825 | Aug 28, 2025 |
| Jul 29, 2025 | $0.02748 | Jul 30, 2025 |
| Jun 26, 2025 | $0.02771 | Jun 27, 2025 |
| May 28, 2025 | $0.02665 | May 29, 2025 |
| Apr 28, 2025 | $0.02699 | Apr 29, 2025 |
| Mar 27, 2025 | $0.02564 | Mar 28, 2025 |