JPMorgan Tax Aware Real Return Fund (TXRIX)
| Fund Assets | 597.50M |
| Expense Ratio | 0.45% |
| Min. Investment | $1,000,000 |
| Turnover | 74.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.36% |
| Dividend Growth | -0.24% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 26, 2025 |
| Previous Close | 9.46 |
| YTD Return | 2.12% |
| 1-Year Return | 1.42% |
| 5-Year Return | 16.26% |
| 52-Week Low | 9.08 |
| 52-Week High | 9.52 |
| 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 1.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.58%.
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 | $0.02724 | Sep 29, 2025 |
| 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 |