JPMorgan Tax Aware Real Return Fund
Name
As of 04/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.1%
1 yr return
4.0%
3 Yr Avg Return
1.7%
5 Yr Avg Return
18.7%
Net Assets
$505 M
Holdings in Top 10
19.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.52%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 7.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$15,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TXRRX - Profile
Distributions
- YTD Total Return 1.1%
- 3 Yr Annualized Total Return 1.7%
- 5 Yr Annualized Total Return 18.7%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.76%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameJPMorgan Tax Aware Real Return Fund
-
Fund Family NameJPMorgan Funds
-
Inception DateAug 16, 2013
-
Shares Outstanding5606181
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRichard Taormina
Fund Description
TXRRX - Performance
Return Ranking - Trailing
Period | TXRRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.1% | -4.6% | 8.9% | 1.23% |
1 Yr | 4.0% | -3.5% | 31.0% | 8.18% |
3 Yr | 1.7%* | -11.3% | 2.5% | 0.60% |
5 Yr | 18.7%* | -6.0% | 1102.0% | 1.95% |
10 Yr | 9.6%* | -0.4% | 248.1% | 1.99% |
* Annualized
Return Ranking - Calendar
Period | TXRRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.6% | -1.4% | 41.0% | 85.04% |
2022 | -7.7% | -39.7% | 0.3% | 18.27% |
2021 | 6.9% | -5.6% | 6.9% | 0.27% |
2020 | 0.1% | -2.6% | 310.0% | 94.70% |
2019 | 3.0% | 0.0% | 26.0% | 79.32% |
Total Return Ranking - Trailing
Period | TXRRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.1% | -4.6% | 8.9% | 1.23% |
1 Yr | 4.0% | -3.5% | 31.0% | 8.18% |
3 Yr | 1.7%* | -11.3% | 2.5% | 0.60% |
5 Yr | 18.7%* | -6.0% | 1102.0% | 1.95% |
10 Yr | 9.6%* | -0.4% | 248.1% | 1.99% |
* Annualized
Total Return Ranking - Calendar
Period | TXRRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.0% | -1.3% | 41.0% | 65.19% |
2022 | -5.8% | -39.7% | 1.1% | 17.22% |
2021 | 8.6% | -4.8% | 23761504.0% | 0.33% |
2020 | 2.5% | -1.5% | 17057.9% | 83.64% |
2019 | 117.4% | 0.2% | 3514.6% | 0.14% |
NAV & Total Return History
TXRRX - Holdings
Concentration Analysis
TXRRX | Category Low | Category High | TXRRX % Rank | |
---|---|---|---|---|
Net Assets | 505 M | 3.22 M | 71.9 B | 46.76% |
Number of Holdings | 448 | 2 | 13067 | 27.57% |
Net Assets in Top 10 | 97.2 M | -317 M | 3.4 B | 43.95% |
Weighting of Top 10 | 19.40% | 1.9% | 100.4% | 42.62% |
Top 10 Holdings
- JPMorgan Institutional Tax Free Money Market Fund, Class IM 4.61%
- California Community Choice Financing Authority, Clean Energy Project, Series 2021B-1 2.46%
- New York City Transitional Finance Authority Future Tax Secured, Series 2023D, SubseriesD-1 2.21%
- Oregon State Facilities Authority, Peacehealth, Series 2018A 2.00%
- State of Louisiana Gasoline and Fuels Tax, Series A 1.63%
- Tennergy Corp., Gas Supply, Series 2021 A 1.45%
- City of Houston, Combined Utility System, Junior Lien, Series 2002A 1.40%
- State of Illinois, Series 2022A 1.35%
- Virginia Public School Authority, Prince William County, Series 2023 1.17%
- City and County of Denver, Airport System, Series 2022A 1.13%
Asset Allocation
Weighting | Return Low | Return High | TXRRX % Rank | |
---|---|---|---|---|
Bonds | 84.15% | 0.00% | 150.86% | 97.93% |
Cash | 16.37% | -50.86% | 50.09% | 0.71% |
Stocks | 0.00% | 0.00% | 99.81% | 89.46% |
Preferred Stocks | 0.00% | 0.00% | 0.52% | 88.41% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 88.37% |
Other | -0.52% | -3.18% | 33.35% | 99.09% |
Bond Sector Breakdown
Weighting | Return Low | Return High | TXRRX % Rank | |
---|---|---|---|---|
Municipal | 87.63% | 44.39% | 100.00% | 96.69% |
Cash & Equivalents | 12.97% | 0.00% | 48.02% | 1.04% |
Securitized | 0.00% | 0.00% | 5.93% | 88.30% |
Corporate | 0.00% | 0.00% | 9.41% | 89.47% |
Government | 0.00% | 0.00% | 52.02% | 89.21% |
Derivative | -0.52% | -3.18% | 23.38% | 99.16% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | TXRRX % Rank | |
---|---|---|---|---|
US | 84.15% | 0.00% | 142.23% | 97.73% |
Non US | 0.00% | 0.00% | 23.89% | 90.68% |
TXRRX - Expenses
Operational Fees
TXRRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.52% | 0.01% | 20.65% | 80.75% |
Management Fee | 0.35% | 0.00% | 1.20% | 29.37% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.08% | 0.01% | 0.44% | 23.73% |
Sales Fees
TXRRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
TXRRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
TXRRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 7.00% | 0.00% | 283.00% | 11.82% |
TXRRX - Distributions
Dividend Yield Analysis
TXRRX | Category Low | Category High | TXRRX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 14.56% | 18.18% |
Dividend Distribution Analysis
TXRRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
TXRRX | Category Low | Category High | TXRRX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.76% | -0.53% | 5.33% | 60.90% |
Capital Gain Distribution Analysis
TXRRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 27, 2024 | $0.026 | OrdinaryDividend |
Feb 28, 2024 | $0.028 | OrdinaryDividend |
Jan 30, 2024 | $0.026 | OrdinaryDividend |
Dec 28, 2023 | $0.031 | OrdinaryDividend |
Nov 29, 2023 | $0.029 | OrdinaryDividend |
Oct 30, 2023 | $0.026 | OrdinaryDividend |
Sep 28, 2023 | $0.025 | OrdinaryDividend |
Aug 30, 2023 | $0.025 | OrdinaryDividend |
Jul 28, 2023 | $0.024 | OrdinaryDividend |
Jun 29, 2023 | $0.026 | OrdinaryDividend |
May 30, 2023 | $0.025 | OrdinaryDividend |
Apr 27, 2023 | $0.025 | OrdinaryDividend |
Mar 30, 2023 | $0.023 | OrdinaryDividend |
Feb 27, 2023 | $0.025 | OrdinaryDividend |
Jan 30, 2023 | $0.025 | OrdinaryDividend |
Dec 29, 2022 | $0.022 | OrdinaryDividend |
Nov 29, 2022 | $0.021 | OrdinaryDividend |
Oct 28, 2022 | $0.020 | OrdinaryDividend |
Sep 29, 2022 | $0.021 | OrdinaryDividend |
Aug 30, 2022 | $0.019 | OrdinaryDividend |
Jul 28, 2022 | $0.018 | OrdinaryDividend |
Jun 29, 2022 | $0.015 | OrdinaryDividend |
May 27, 2022 | $0.014 | OrdinaryDividend |
Apr 28, 2022 | $0.013 | OrdinaryDividend |
Mar 30, 2022 | $0.013 | OrdinaryDividend |
Feb 25, 2022 | $0.014 | OrdinaryDividend |
Jan 28, 2022 | $0.011 | OrdinaryDividend |
Dec 30, 2021 | $0.011 | OrdinaryDividend |
Nov 29, 2021 | $0.012 | OrdinaryDividend |
Oct 28, 2021 | $0.012 | OrdinaryDividend |
Sep 29, 2021 | $0.012 | OrdinaryDividend |
Aug 30, 2021 | $0.012 | OrdinaryDividend |
Jul 29, 2021 | $0.012 | OrdinaryDividend |
Jun 29, 2021 | $0.013 | OrdinaryDividend |
May 27, 2021 | $0.015 | OrdinaryDividend |
Apr 29, 2021 | $0.012 | OrdinaryDividend |
Mar 30, 2021 | $0.014 | OrdinaryDividend |
Feb 25, 2021 | $0.017 | OrdinaryDividend |
Jan 28, 2021 | $0.017 | OrdinaryDividend |
Dec 30, 2020 | $0.019 | OrdinaryDividend |
Nov 27, 2020 | $0.017 | OrdinaryDividend |
Oct 29, 2020 | $0.019 | OrdinaryDividend |
Sep 29, 2020 | $0.017 | OrdinaryDividend |
Aug 28, 2020 | $0.016 | OrdinaryDividend |
Jul 30, 2020 | $0.016 | OrdinaryDividend |
Jun 29, 2020 | $0.017 | OrdinaryDividend |
May 28, 2020 | $0.017 | OrdinaryDividend |
Apr 29, 2020 | $0.010 | OrdinaryDividend |
Mar 30, 2020 | $0.030 | OrdinaryDividend |
Feb 27, 2020 | $0.020 | OrdinaryDividend |
Jan 30, 2020 | $0.020 | OrdinaryDividend |
Dec 30, 2019 | $0.000 | OrdinaryDividend |
Nov 27, 2019 | $0.000 | OrdinaryDividend |
Oct 30, 2019 | $0.020 | OrdinaryDividend |
Aug 29, 2019 | $0.020 | OrdinaryDividend |
Jul 30, 2019 | $0.022 | OrdinaryDividend |
Jun 27, 2019 | $0.021 | OrdinaryDividend |
May 30, 2019 | $0.020 | OrdinaryDividend |
Apr 29, 2019 | $0.022 | OrdinaryDividend |
Mar 28, 2019 | $0.022 | OrdinaryDividend |
Feb 27, 2019 | $0.023 | OrdinaryDividend |
Jan 30, 2019 | $0.020 | OrdinaryDividend |
Dec 28, 2018 | $0.026 | OrdinaryDividend |
Nov 29, 2018 | $0.022 | OrdinaryDividend |
Oct 30, 2018 | $0.021 | OrdinaryDividend |
Sep 27, 2018 | $0.021 | OrdinaryDividend |
Aug 30, 2018 | $0.022 | OrdinaryDividend |
Jul 30, 2018 | $0.022 | OrdinaryDividend |
Jun 28, 2018 | $0.023 | OrdinaryDividend |
May 30, 2018 | $0.022 | OrdinaryDividend |
Apr 27, 2018 | $0.022 | OrdinaryDividend |
Mar 28, 2018 | $0.027 | OrdinaryDividend |
Feb 27, 2018 | $0.020 | OrdinaryDividend |
Jan 30, 2018 | $0.021 | OrdinaryDividend |
Dec 28, 2017 | $0.026 | OrdinaryDividend |
Nov 29, 2017 | $0.023 | OrdinaryDividend |
Oct 30, 2017 | $0.021 | OrdinaryDividend |
Sep 28, 2017 | $0.021 | OrdinaryDividend |
Aug 30, 2017 | $0.022 | OrdinaryDividend |
Jul 28, 2017 | $0.022 | OrdinaryDividend |
Jun 29, 2017 | $0.022 | OrdinaryDividend |
May 30, 2017 | $0.022 | OrdinaryDividend |
Apr 27, 2017 | $0.022 | OrdinaryDividend |
Mar 30, 2017 | $0.023 | OrdinaryDividend |
Feb 27, 2017 | $0.023 | OrdinaryDividend |
Jan 30, 2017 | $0.022 | OrdinaryDividend |
Dec 29, 2016 | $0.026 | OrdinaryDividend |
Nov 29, 2016 | $0.023 | OrdinaryDividend |
Oct 28, 2016 | $0.021 | OrdinaryDividend |
Sep 29, 2016 | $0.023 | OrdinaryDividend |
Aug 30, 2016 | $0.022 | OrdinaryDividend |
Jul 28, 2016 | $0.023 | OrdinaryDividend |
Jun 29, 2016 | $0.022 | OrdinaryDividend |
May 27, 2016 | $0.024 | OrdinaryDividend |
Apr 28, 2016 | $0.020 | OrdinaryDividend |
Mar 30, 2016 | $0.026 | OrdinaryDividend |
Feb 26, 2016 | $0.021 | OrdinaryDividend |
Jan 28, 2016 | $0.023 | OrdinaryDividend |
Dec 30, 2015 | $0.026 | OrdinaryDividend |
Nov 27, 2015 | $0.024 | OrdinaryDividend |
Oct 29, 2015 | $0.027 | OrdinaryDividend |
Sep 29, 2015 | $0.025 | OrdinaryDividend |
Aug 28, 2015 | $0.024 | OrdinaryDividend |
Jul 30, 2015 | $0.026 | OrdinaryDividend |
Jun 29, 2015 | $0.024 | OrdinaryDividend |
May 28, 2015 | $0.024 | OrdinaryDividend |
Apr 29, 2015 | $0.024 | OrdinaryDividend |
Mar 30, 2015 | $0.026 | OrdinaryDividend |
Feb 26, 2015 | $0.021 | OrdinaryDividend |
Jan 30, 2015 | $0.024 | OrdinaryDividend |
Dec 31, 2014 | $0.026 | OrdinaryDividend |
Dec 01, 2014 | $0.024 | OrdinaryDividend |
Nov 03, 2014 | $0.025 | OrdinaryDividend |
Oct 01, 2014 | $0.025 | OrdinaryDividend |
Sep 02, 2014 | $0.024 | OrdinaryDividend |
Aug 01, 2014 | $0.026 | OrdinaryDividend |
Jul 01, 2014 | $0.025 | OrdinaryDividend |
Jun 02, 2014 | $0.025 | OrdinaryDividend |
May 01, 2014 | $0.026 | OrdinaryDividend |
Apr 01, 2014 | $0.027 | OrdinaryDividend |
Mar 03, 2014 | $0.024 | OrdinaryDividend |
Feb 03, 2014 | $0.024 | OrdinaryDividend |
Jan 02, 2014 | $0.026 | OrdinaryDividend |
Dec 02, 2013 | $0.025 | OrdinaryDividend |
Nov 01, 2013 | $0.025 | OrdinaryDividend |
Oct 01, 2013 | $0.023 | OrdinaryDividend |
Sep 03, 2013 | $0.022 | OrdinaryDividend |
TXRRX - Fund Manager Analysis
Managers
Richard Taormina
Start Date
Tenure
Tenure Rank
Aug 31, 2005
16.76
16.8%
Richard Taormina, Managing Director, has been an employee of JPMIM and/or its affiliates since 1997. Mr. Taormina is responsible for managing municipal mutual funds, institutional fixed income accounts and quantitative analysis. Previously, Mr. Taormina was a Certified Financial Planner for the Financial Advisory Group, where he was an investment analyst. Prior to joining the firm, Rick was a senior trader for national, high-yield, and state-specific funds at the Vanguard Group, where the team consistently performed in the top-quartile. He has been a municipal bond manager since 1990. Ricks holds a B.A. in economics from the University of Delaware, an M.B.A. in finance from Wilmington College, and is a Certified Financial Planner (CFP).
David Rooney
Start Date
Tenure
Tenure Rank
Mar 01, 2015
7.25
7.3%
Mr. Rooney, Executive Director and CFA charterholder, is a portfolio manager in the Global Fixed Income, Currency & Commodities (GFICC) group. An employee since 2012 and portfolio manager since 2015, Mr. Rooney is responsible for managing fixed income and derivative assets, with an emphasis on inflation-linked products. Prior to joining the firm, Mr. Rooney was with BNY Mellon Asset Management and the Bank of New York, most recently as a portfolio managers and trader focused on securitized products.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.37 | 1.58 |