JPMorgan New York Tax Free Bond Fund
Name
As of 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.1%
1 yr return
2.9%
3 Yr Avg Return
0.0%
5 Yr Avg Return
1.1%
Net Assets
$374 M
Holdings in Top 10
21.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.44%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 10.00%
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 03/27/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
VINRX - Profile
Distributions
- YTD Total Return -0.1%
- 3 Yr Annualized Total Return 0.0%
- 5 Yr Annualized Total Return 1.1%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.95%
- Dividend Yield 3.1%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameJPMorgan New York Tax Free Bond Fund
-
Fund Family NameJPMorgan Funds
-
Inception DateOct 02, 2018
-
Shares Outstanding16818976
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Sivinski
Fund Description
VINRX - Performance
Return Ranking - Trailing
Period | VINRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.1% | -2.7% | 12.2% | 85.72% |
1 Yr | 2.9% | -3.0% | 38.5% | 79.57% |
3 Yr | 0.0%* | -10.3% | 3.3% | 20.09% |
5 Yr | 1.1%* | -5.7% | 1102.9% | 42.38% |
10 Yr | N/A* | -0.2% | 248.3% | 76.19% |
* Annualized
Return Ranking - Calendar
Period | VINRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.0% | -1.4% | 41.0% | 72.80% |
2022 | -7.9% | -39.7% | 0.3% | 19.71% |
2021 | -1.3% | -5.6% | 6.9% | 85.05% |
2020 | 1.7% | -2.6% | 310.0% | 48.07% |
2019 | 3.4% | 0.0% | 26.0% | 64.29% |
Total Return Ranking - Trailing
Period | VINRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.1% | -2.7% | 12.2% | 85.72% |
1 Yr | 2.9% | -3.0% | 38.5% | 79.57% |
3 Yr | 0.0%* | -10.3% | 3.3% | 20.09% |
5 Yr | 1.1%* | -5.7% | 1102.9% | 42.38% |
10 Yr | N/A* | -0.2% | 248.3% | 72.62% |
* Annualized
Total Return Ranking - Calendar
Period | VINRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.9% | -1.3% | 41.0% | 66.65% |
2022 | -5.8% | -39.7% | 1.1% | 17.02% |
2021 | 0.7% | -4.8% | 23761504.0% | 72.02% |
2020 | 3.9% | -1.5% | 17057.9% | 47.06% |
2019 | 4.8% | 0.2% | 3514.6% | 81.21% |
NAV & Total Return History
VINRX - Holdings
Concentration Analysis
VINRX | Category Low | Category High | VINRX % Rank | |
---|---|---|---|---|
Net Assets | 374 M | 3.48 M | 68.1 B | 55.32% |
Number of Holdings | 171 | 2 | 12848 | 67.01% |
Net Assets in Top 10 | 80.9 M | -317 M | 3.4 B | 49.10% |
Weighting of Top 10 | 21.84% | 1.9% | 100.4% | 32.30% |
Top 10 Holdings
- JPMorgan Institutional Tax Free Money Market Fund, Class IM 8.02%
- Utility Debt Securitization Authority, Series 2023 TE-1 3.25%
- New York State Thruway Authority, Personal Income Tax, Series 2022A 1.49%
- New York State Dormitory Authority, Court Facilities Lease, Series 2005A 1.43%
- New York State Urban Development Corp., State Personal Income Tax, State Facilities and Equipment, Series A-2 1.39%
- New York State Dormitory Authority, State Sales Tax, Series 2015 B 1.39%
- New York State Urban Development Corp., Sales Tax, Series 2021 A 1.32%
- New York City Transitional Finance Authority, Future Tax Secured, Series 2022B-1 1.21%
- New York City Transitional Finance Authority, Building Aid, Fiscal Year 2018, Series 2018S-4A 1.17%
- New York State Environmental Facilities Corp., State Clean Water and Drinking Water Revolving Funds, Pooled Financing Program, Series 2005B 1.17%
Asset Allocation
Weighting | Return Low | Return High | VINRX % Rank | |
---|---|---|---|---|
Bonds | 94.20% | 0.00% | 150.86% | 92.08% |
Cash | 8.02% | -50.86% | 50.09% | 4.45% |
Stocks | 0.00% | 0.00% | 99.80% | 93.88% |
Preferred Stocks | 0.00% | 0.00% | 0.52% | 71.97% |
Other | 0.00% | -8.54% | 33.35% | 70.23% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 71.93% |
Bond Sector Breakdown
Weighting | Return Low | Return High | VINRX % Rank | |
---|---|---|---|---|
Municipal | 97.42% | 44.39% | 100.00% | 62.42% |
Cash & Equivalents | 8.02% | 0.00% | 48.02% | 3.41% |
Derivative | 0.00% | -8.54% | 23.38% | 68.69% |
Securitized | 0.00% | 0.00% | 5.93% | 72.57% |
Corporate | 0.00% | 0.00% | 9.41% | 76.00% |
Government | 0.00% | 0.00% | 52.02% | 74.06% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | VINRX % Rank | |
---|---|---|---|---|
US | 94.20% | 0.00% | 142.23% | 89.63% |
Non US | 0.00% | 0.00% | 23.89% | 94.78% |
VINRX - Expenses
Operational Fees
VINRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.44% | 0.01% | 20.65% | 88.97% |
Management Fee | 0.30% | 0.00% | 1.20% | 17.58% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.08% | 0.01% | 0.44% | 23.53% |
Sales Fees
VINRX 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
VINRX 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.
VINRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 10.00% | 0.00% | 283.00% | 23.55% |
VINRX - Distributions
Dividend Yield Analysis
VINRX | Category Low | Category High | VINRX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.13% | 0.00% | 14.36% | 28.07% |
Dividend Distribution Analysis
VINRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
VINRX | Category Low | Category High | VINRX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.95% | -0.53% | 5.33% | 49.97% |
Capital Gain Distribution Analysis
VINRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 27, 2024 | $0.018 | OrdinaryDividend |
Feb 28, 2024 | $0.017 | OrdinaryDividend |
Jan 30, 2024 | $0.016 | OrdinaryDividend |
Dec 28, 2023 | $0.016 | OrdinaryDividend |
Nov 29, 2023 | $0.016 | OrdinaryDividend |
Oct 30, 2023 | $0.015 | OrdinaryDividend |
Sep 28, 2023 | $0.015 | OrdinaryDividend |
Aug 30, 2023 | $0.014 | OrdinaryDividend |
Jul 28, 2023 | $0.015 | OrdinaryDividend |
Jun 29, 2023 | $0.015 | OrdinaryDividend |
May 30, 2023 | $0.015 | OrdinaryDividend |
Apr 27, 2023 | $0.015 | OrdinaryDividend |
Mar 30, 2023 | $0.014 | OrdinaryDividend |
Feb 27, 2023 | $0.015 | OrdinaryDividend |
Jan 30, 2023 | $0.014 | OrdinaryDividend |
Dec 29, 2022 | $0.013 | OrdinaryDividend |
Nov 29, 2022 | $0.014 | OrdinaryDividend |
Oct 28, 2022 | $0.013 | OrdinaryDividend |
Sep 29, 2022 | $0.013 | OrdinaryDividend |
Aug 30, 2022 | $0.012 | OrdinaryDividend |
Jul 28, 2022 | $0.012 | OrdinaryDividend |
Jun 29, 2022 | $0.012 | OrdinaryDividend |
May 27, 2022 | $0.012 | OrdinaryDividend |
Apr 28, 2022 | $0.013 | OrdinaryDividend |
Mar 30, 2022 | $0.012 | OrdinaryDividend |
Feb 25, 2022 | $0.012 | OrdinaryDividend |
Jan 28, 2022 | $0.011 | OrdinaryDividend |
Dec 30, 2021 | $0.011 | OrdinaryDividend |
Nov 29, 2021 | $0.011 | OrdinaryDividend |
Oct 28, 2021 | $0.011 | OrdinaryDividend |
Sep 29, 2021 | $0.012 | OrdinaryDividend |
Aug 30, 2021 | $0.011 | OrdinaryDividend |
Jul 29, 2021 | $0.011 | OrdinaryDividend |
Jun 29, 2021 | $0.011 | OrdinaryDividend |
May 27, 2021 | $0.011 | OrdinaryDividend |
Apr 29, 2021 | $0.016 | OrdinaryDividend |
Mar 30, 2021 | $0.012 | OrdinaryDividend |
Feb 25, 2021 | $0.012 | OrdinaryDividend |
Jan 28, 2021 | $0.011 | OrdinaryDividend |
Dec 30, 2020 | $0.012 | OrdinaryDividend |
Nov 27, 2020 | $0.012 | OrdinaryDividend |
Oct 29, 2020 | $0.012 | OrdinaryDividend |
Sep 29, 2020 | $0.012 | OrdinaryDividend |
Aug 28, 2020 | $0.012 | OrdinaryDividend |
Jul 30, 2020 | $0.012 | OrdinaryDividend |
Jun 29, 2020 | $0.012 | OrdinaryDividend |
May 28, 2020 | $0.012 | OrdinaryDividend |
Apr 28, 2020 | $0.013 | OrdinaryDividend |
Mar 30, 2020 | $0.013 | OrdinaryDividend |
Feb 27, 2020 | $0.012 | OrdinaryDividend |
Jan 30, 2020 | $0.012 | OrdinaryDividend |
Dec 30, 2019 | $0.000 | OrdinaryDividend |
Nov 27, 2019 | $0.000 | OrdinaryDividend |
Oct 30, 2019 | $0.013 | OrdinaryDividend |
Sep 27, 2019 | $0.000 | OrdinaryDividend |
Aug 29, 2019 | $0.000 | OrdinaryDividend |
Jul 30, 2019 | $0.000 | OrdinaryDividend |
Jun 27, 2019 | $0.014 | OrdinaryDividend |
May 30, 2019 | $0.014 | OrdinaryDividend |
Apr 29, 2019 | $0.015 | OrdinaryDividend |
Mar 28, 2019 | $0.015 | OrdinaryDividend |
Feb 27, 2019 | $0.016 | OrdinaryDividend |
Jan 30, 2019 | $0.016 | OrdinaryDividend |
Dec 28, 2018 | $0.016 | OrdinaryDividend |
Nov 29, 2018 | $0.017 | OrdinaryDividend |
Oct 30, 2018 | $0.017 | OrdinaryDividend |
VINRX - Fund Manager Analysis
Managers
David Sivinski
Start Date
Tenure
Tenure Rank
Mar 31, 2005
17.18
17.2%
David Sivinski, CFA charterholder and Executive Director, has also been as portfolio manager with J.P. Morgan Investment Management. In addition to his role as portfolio manager, Mr. Sivinski coordinates municipal management for a number of high net worth clients that focus principally on single state municipal bonds. He has worked at JPMorgan Investment Advisors, an affiliate of JPMIM since 1992. Previously, he spent seven years as a first vice president with First Security National Bank in Lexington, Kentucky, and 10 years with Bank One in Columbus, Ohio. Sivinski holds the Chartered Financial Analyst designation.
Kevin Ellis
Start Date
Tenure
Tenure Rank
May 31, 2005
17.01
17.0%
Mr. Ellis, CFA charterholder and Executive Director, is a portfolio manager in the U.S. Fixed Income Group. An employee of JPMIM and/or its affiliates since May 2003, he is responsible for managing separate accounts in the Municipal Bond Group. Previously, Mr. Ellis worked at Alliance Capital/Sanford Bernstein from 1995 through 2003 as a municipal bond trader. Kevin holds a B.S. in business administration from Boston University and is a CFA charterholder
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.36 | 1.58 |