JPMorgan Tax Aware Real Return Fund Class A (TXRAX)

10.21
Net Asset Value
+0.10%
1 Day
+2.72%
Year-to-Date
Overall Morningstar Rating
Muni national interm
Style or Category
3.75
Sales Expenses
0.97%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks to maximize after-tax inflation protected return. The fund is designed to protect after-tax return by, under normal circumstances, primarily investing in a portfolio of municipal obligations whose interest payments are excluded from federal income taxes. Because of the limited supply of inflation-protected municipal securities, the fund seeks to synthetically create inflation protection by investing in a combination of conventional municipal securities and inflation-linked derivatives such as Non-Seasonally Adjusted Consumer Price Index for all Urban Consumers (CPI-U) swaps. The average weighted maturity will be between 3 and 10 years.

Performance

1 month+0.03% 3 years+2.28%
3 months+0.86% 5 years+3.26%
1 year+6.05% Since inception+2.90%
Data through --

Peer Comparisonvs. Muni national interm

 TXRAXCategory
Performance 5-yr return+3.26%+4.96%
Expense ratio0.97%0.83%
Risk 5 year sharpe ratio0.971.16
Net assets$2.3B$1.5B
Average market cap----
Average P/E----
Portfolio turnover16%16%

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Fund Management and Purchase Info

Fund familyJPMorgan
Fund manager & tenureDeepa Majmudar / 8 Years
Minimal initial investment$1,000.00
Minimum IRA investment$1,000.00

Holdings

Fixed income96.57%
Cash3.43%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Florida St Brd Ed Pub Ed Cap Outla 5%1.69%
-- Los Angeles Calif Dept Wtr & P Rev Bd 5%1.31%
-- Triborough Brdg & Tunl Auth 5%1.27%
-- Missouri St Environmental Impt Ref Re 5%1.08%
-- Maryland St Go Ref Bd 5%1.03%
-- Olathe Labette Cnty Kans Singl Single Fa0.92%
-- Virginia St Go Bds 5%0.91%
-- Arizona St Transn Brd Grant Ant 5.25%0.87%
-- Arizona St Transn Brd Grant Ant 5.25%0.85%
-- New York N Y City Mun Wtr Fin Rev Bds 5%0.85%

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