JPMorgan Tax Aware Real Return Fund Class I (TXRIX)

Fund Assets	608.13M
Expense Ratio	0.46%
Min. Investment	$1,000,000
Turnover	65.00%
Dividend (ttm)	0.33
Dividend Yield	3.65%
Dividend Growth	4.01%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 28, 2026

Previous Close	8.99
YTD Return	-2.48%
1-Year Return	-2.13%
5-Year Return	4.15%
52-Week Low	8.83
52-Week High	9.53
Beta (5Y)	0.21
Holdings	408
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.

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

Performance

TXRIX had a total return of -2.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.10%.

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%
TXRAX	Class A	0.70%
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	$0.02741	Sep 29, 2026
Aug 27, 2026	$0.02759	Aug 28, 2026
Jul 29, 2026	$0.02749	Jul 30, 2026
Jun 26, 2026	$0.02785	Jun 29, 2026
May 27, 2026	$0.02762	May 28, 2026
Apr 28, 2026	$0.02843	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

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