JPMorgan Tax Free Bond Fund
Fund
PRBIX
Price as of:
$10.11
- $0.09
- 0.88%
Primary Theme
fund company
Name
As of 09/28/2023Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-2.1%
1 yr return
2.4%
3 Yr Avg Return
-3.6%
5 Yr Avg Return
0.1%
Net Assets
$680 M
Holdings in Top 10
16.7%
52 WEEK LOW AND HIGH
$10.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.70%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 16.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 09/28/2023Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
PRBIX - Profile
Distributions
- YTD Total Return -2.1%
- 3 Yr Annualized Total Return -3.6%
- 5 Yr Annualized Total Return 0.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.34%
- Dividend Yield 3.9%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameJPMorgan Tax Free Bond Fund
-
Fund Family NameJPMorgan Funds
-
Inception DateFeb 22, 1995
-
Shares Outstanding14304565
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRichard Taormina
Fund Description
Under normal circumstances, the Fund invests at least 80% of its net Assets in municipal bonds, the income from which is exempt from federal income tax. This is a fundamental policy. For purposes of this policy, “Assets” means net assets, plus the amount of borrowings for investment purposes.Municipal bonds are debt securities with maturities of 90 days or more at the time of issuance issued by states, territories and possessions of the United States, including the District of Columbia, and their respective authorities, political subdivisions, agencies and instrumentalities, the interest on which is exempt from federal income tax. The securities are issued to raise funds for various public and private purposes. Municipal bonds include private activity and industrial development bonds, tax anticipation notes and participations in pools of municipal securities.Up to 20% of the Fund’s assets may be invested in municipal bonds, the interest on which may be subject to the federal alternative minimum tax for individuals.The securities in which the Fund invests may have fixed rates of return or floating or variable rates. Up to 20% of the Fund’s assets may be held in cash and cash equivalents. The Fund may invest in securities without regard to maturity.The Fund may invest in municipal mortgage-backed and asset-backed securities. The Fund may invest a significant portion or all of its assets in municipal mortgage-backed securities at the adviser’s discretion.The Fund may invest up to 20% of its total assets in securities rated below investment grade. Such securities are known as “junk bonds,” “high yield bonds” and “non-investment grade bonds.” Junk bonds also include unrated securities that the adviser believes to be of comparable quality to debt securities that are rated below investment grade. These securities generally are rated in the fifth or lower rating categories (for example, BB+ or lower by S&P and Ba1 or lower by Moody’s). These securities generally offer a higher yield than investment grade securities, but involve a high degree of risk. A security’s quality is determined at the time of purchase and securities that are rated investment grade or the unrated equivalent may be downgraded or decline in credit quality, such that, following the time of purchase, they would be deemed to be below investment grade. If the quality of an investment grade security is downgraded subsequent to purchase to below investment grade, the Fund may continue to hold the security.The Fund may also invest in zero-coupon securities.Investment Process: The adviser buys and sells securities and investments for the Fund based on its view of individual securities and market sectors. Taking a long-term approach, the adviser looks for individual fixed income investments that it believes will perform well over market cycles. The adviser is value oriented and makes decisions to purchase and sell individual securities and instruments after performing a risk/reward analysis that includes an evaluation of interest rate risk, credit risk, duration, liquidity and the complex legal and technical structure of the transaction. As part of its investment process, the adviser seeks to assess the impact of environmental, social and governance (ESG) factors on certain issuers in the universe in which the Fund may invest. The adviser’s assessment is based on an analysis of key opportunities and risks across industries to seek to identify financially material issues with respect to the Fund’s investments in municipal issues and ascertain key issues that merit engagement with municipal issuers. These assessments may not be conclusive and securities that may be negatively impacted by such factors may be purchased and retained by the Fund while the Fund may divest or not invest in securities that may be positively impacted by such factors.
Read More
PRBIX - Performance
Return Ranking - Trailing
| Period | PRBIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -2.1% | -60.4% | 26.2% | 76.69% |
| 1 Yr | 2.4% | -14.1% | 8.5% | 45.54% |
| 3 Yr | -3.6%* | -9.3% | 50.1% | 85.88% |
| 5 Yr | 0.1%* | -4.5% | 28.8% | 71.32% |
| 10 Yr | 1.8%* | -1.7% | 14.1% | 44.88% |
* Annualized
Return Ranking - Calendar
| Period | PRBIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -15.6% | -76.8% | 4.7% | 90.83% |
| 2021 | 0.2% | -69.5% | 9.0% | 22.74% |
| 2020 | 3.1% | -66.1% | 310.0% | 6.23% |
| 2019 | 4.5% | -57.4% | 26.0% | 24.88% |
| 2018 | -2.9% | -30.0% | 11.0% | 82.40% |
Total Return Ranking - Trailing
| Period | PRBIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -2.1% | -60.4% | 26.2% | 76.69% |
| 1 Yr | 2.4% | -14.6% | 11.3% | 45.54% |
| 3 Yr | -3.6%* | -5.8% | 6071.3% | 85.88% |
| 5 Yr | 0.1%* | -1.6% | 1098.8% | 71.32% |
| 10 Yr | 1.8%* | -0.4% | 247.4% | 44.88% |
* Annualized
Total Return Ranking - Calendar
| Period | PRBIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -12.9% | -76.8% | 4.7% | 89.93% |
| 2021 | 2.5% | -69.5% | 23761504.0% | 24.42% |
| 2020 | 5.7% | -66.1% | 34671.4% | 14.37% |
| 2019 | 7.2% | -57.4% | 3514.6% | 37.87% |
| 2018 | 0.7% | -30.0% | 15.0% | 53.25% |
NAV & Total Return History
PRBIX - Holdings
Concentration Analysis
| PRBIX | Category Low | Category High | PRBIX % Rank | |
|---|---|---|---|---|
| Net Assets | 680 M | 423 K | 437 B | 37.39% |
| Number of Holdings | 646 | 1 | 14000 | 18.53% |
| Net Assets in Top 10 | 110 M | -317 M | 8.64 B | 39.19% |
| Weighting of Top 10 | 16.66% | 2.4% | 101.7% | 54.48% |
Top 10 Holdings
- JPMorgan Institutional Tax Free Money Market Fund, Class IM 5.70%
- Commonwealth Financing Authority, Tobacco Master Settlement Payment 1.46%
- Pennsylvania Turnpike Commission, Oil Franchise Tax Subordinated, Series 2021-B 1.43%
- State of Oregon 1.38%
- Buckeye Tobacco Settlement Financing Authority, Series 2020B-2, Class 2 1.25%
- City of Kissimmee 1.17%
- Port Authority of New York and New Jersey, Consolidated, Series 93 1.13%
- City of New York 1.10%
- City of Portland 1.02%
- State of Illinois, Series 2022B 1.01%
Asset Allocation
| Weighting | Return Low | Return High | PRBIX % Rank | |
|---|---|---|---|---|
| Bonds | 90.87% | 65.51% | 150.86% | 95.34% |
| Cash | 9.34% | -50.86% | 33.96% | 4.10% |
| Stocks | 0.00% | -0.03% | 4.63% | 29.85% |
| Preferred Stocks | 0.00% | -0.52% | 0.04% | 24.70% |
| Convertible Bonds | 0.00% | 0.00% | 0.93% | 24.94% |
| Other | -0.21% | -13.03% | 30.01% | 98.05% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | PRBIX % Rank | |
|---|---|---|---|---|
| Municipal | 98.95% | 44.39% | 100.00% | 41.20% |
| Cash & Equivalents | 5.70% | 0.00% | 33.95% | 6.30% |
| Securitized | 0.00% | 0.00% | 5.93% | 26.01% |
| Corporate | 0.00% | 0.00% | 9.41% | 39.24% |
| Government | 0.00% | 0.00% | 52.02% | 30.38% |
| Derivative | -0.21% | 0.00% | 3.41% | 98.11% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | PRBIX % Rank | |
|---|---|---|---|---|
| US | 90.87% | 37.86% | 142.23% | 93.64% |
| Non US | 0.00% | 0.00% | 62.14% | 29.93% |
PRBIX - Expenses
Operational Fees
| PRBIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.70% | 0.02% | 6.50% | 53.25% |
| Management Fee | 0.30% | 0.00% | 1.10% | 16.37% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.08% | 0.01% | 0.44% | 19.44% |
Sales Fees
| PRBIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 4.75% | N/A |
| Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
| PRBIX 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.
| PRBIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 16.00% | 0.00% | 283.00% | 45.47% |
PRBIX - Distributions
Dividend Yield Analysis
| PRBIX | Category Low | Category High | PRBIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.88% | 0.00% | 4.53% | 20.53% |
Dividend Distribution Analysis
| PRBIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| PRBIX | Category Low | Category High | PRBIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.34% | -0.53% | 5.33% | 28.14% |
Capital Gain Distribution Analysis
| PRBIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Monthly | Monthly |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 29, 2022 | $0.030 | OrdinaryDividend |
| Oct 28, 2022 | $0.032 | OrdinaryDividend |
| Sep 29, 2022 | $0.029 | OrdinaryDividend |
| Aug 30, 2022 | $0.029 | OrdinaryDividend |
| Jul 28, 2022 | $0.028 | OrdinaryDividend |
| Jun 29, 2022 | $0.029 | OrdinaryDividend |
| May 27, 2022 | $0.027 | OrdinaryDividend |
| Apr 28, 2022 | $0.028 | OrdinaryDividend |
| Mar 30, 2022 | $0.025 | OrdinaryDividend |
| Feb 25, 2022 | $0.025 | OrdinaryDividend |
| Jan 28, 2022 | $0.024 | OrdinaryDividend |
| Dec 30, 2021 | $0.024 | OrdinaryDividend |
| Nov 29, 2021 | $0.024 | OrdinaryDividend |
| Oct 28, 2021 | $0.024 | OrdinaryDividend |
| Sep 29, 2021 | $0.025 | OrdinaryDividend |
| Aug 30, 2021 | $0.024 | OrdinaryDividend |
| Jul 29, 2021 | $0.024 | OrdinaryDividend |
| Jun 29, 2021 | $0.025 | OrdinaryDividend |
| May 27, 2021 | $0.024 | OrdinaryDividend |
| Apr 29, 2021 | $0.027 | OrdinaryDividend |
| Mar 30, 2021 | $0.025 | OrdinaryDividend |
| Feb 25, 2021 | $0.024 | OrdinaryDividend |
| Jan 28, 2021 | $0.025 | OrdinaryDividend |
| Dec 30, 2020 | $0.026 | OrdinaryDividend |
| Nov 27, 2020 | $0.026 | OrdinaryDividend |
| Oct 29, 2020 | $0.025 | OrdinaryDividend |
| Sep 29, 2020 | $0.025 | OrdinaryDividend |
| Aug 28, 2020 | $0.025 | OrdinaryDividend |
| Jul 30, 2020 | $0.025 | OrdinaryDividend |
| Jun 29, 2020 | $0.025 | OrdinaryDividend |
| May 28, 2020 | $0.025 | OrdinaryDividend |
| Apr 29, 2020 | $0.027 | OrdinaryDividend |
| Mar 30, 2020 | $0.025 | OrdinaryDividend |
| Feb 27, 2020 | $0.025 | OrdinaryDividend |
| Jan 30, 2020 | $0.024 | OrdinaryDividend |
| Dec 30, 2019 | $0.026 | OrdinaryDividend |
| Nov 27, 2019 | $0.027 | OrdinaryDividend |
| Oct 30, 2019 | $0.000 | OrdinaryDividend |
| Sep 27, 2019 | $0.028 | OrdinaryDividend |
| Aug 29, 2019 | $0.000 | OrdinaryDividend |
| Jul 30, 2019 | $0.028 | OrdinaryDividend |
| Jun 27, 2019 | $0.030 | OrdinaryDividend |
| May 30, 2019 | $0.036 | OrdinaryDividend |
| Apr 29, 2019 | $0.033 | OrdinaryDividend |
| Mar 28, 2019 | $0.032 | OrdinaryDividend |
| Feb 27, 2019 | $0.033 | OrdinaryDividend |
| Jan 30, 2019 | $0.033 | OrdinaryDividend |
| Dec 28, 2018 | $0.034 | OrdinaryDividend |
| Nov 29, 2018 | $0.034 | OrdinaryDividend |
| Oct 30, 2018 | $0.034 | OrdinaryDividend |
| Sep 27, 2018 | $0.036 | OrdinaryDividend |
| Aug 30, 2018 | $0.035 | OrdinaryDividend |
| Jul 30, 2018 | $0.036 | OrdinaryDividend |
| Jun 28, 2018 | $0.036 | OrdinaryDividend |
| May 30, 2018 | $0.037 | OrdinaryDividend |
| Apr 27, 2018 | $0.039 | OrdinaryDividend |
| Mar 28, 2018 | $0.036 | OrdinaryDividend |
| Feb 27, 2018 | $0.035 | OrdinaryDividend |
| Jan 30, 2018 | $0.034 | OrdinaryDividend |
| Dec 28, 2017 | $0.034 | OrdinaryDividend |
| Nov 29, 2017 | $0.035 | OrdinaryDividend |
| Oct 30, 2017 | $0.035 | OrdinaryDividend |
| Sep 28, 2017 | $0.034 | OrdinaryDividend |
| Aug 30, 2017 | $0.035 | OrdinaryDividend |
| Jul 28, 2017 | $0.034 | OrdinaryDividend |
| Jun 29, 2017 | $0.036 | OrdinaryDividend |
| May 30, 2017 | $0.035 | OrdinaryDividend |
| Apr 27, 2017 | $0.037 | OrdinaryDividend |
| Mar 30, 2017 | $0.034 | OrdinaryDividend |
| Feb 27, 2017 | $0.035 | OrdinaryDividend |
| Jan 30, 2017 | $0.034 | OrdinaryDividend |
| Dec 29, 2016 | $0.036 | OrdinaryDividend |
| Nov 29, 2016 | $0.032 | OrdinaryDividend |
| Oct 28, 2016 | $0.034 | OrdinaryDividend |
| Sep 29, 2016 | $0.032 | OrdinaryDividend |
| Aug 30, 2016 | $0.034 | OrdinaryDividend |
| Jul 28, 2016 | $0.035 | OrdinaryDividend |
| Jun 29, 2016 | $0.031 | OrdinaryDividend |
| May 27, 2016 | $0.036 | OrdinaryDividend |
| Apr 28, 2016 | $0.035 | OrdinaryDividend |
| Mar 30, 2016 | $0.043 | OrdinaryDividend |
| Feb 26, 2016 | $0.040 | OrdinaryDividend |
| Jan 28, 2016 | $0.040 | OrdinaryDividend |
| Dec 30, 2015 | $0.041 | OrdinaryDividend |
| Nov 27, 2015 | $0.039 | OrdinaryDividend |
| Oct 29, 2015 | $0.044 | OrdinaryDividend |
| Sep 29, 2015 | $0.038 | OrdinaryDividend |
| Aug 28, 2015 | $0.042 | OrdinaryDividend |
| Jul 30, 2015 | $0.046 | OrdinaryDividend |
| Jun 29, 2015 | $0.045 | OrdinaryDividend |
| May 28, 2015 | $0.041 | OrdinaryDividend |
| Apr 29, 2015 | $0.038 | OrdinaryDividend |
| Mar 30, 2015 | $0.037 | OrdinaryDividend |
| Feb 26, 2015 | $0.034 | OrdinaryDividend |
| Jan 30, 2015 | $0.038 | OrdinaryDividend |
| Dec 31, 2014 | $0.042 | OrdinaryDividend |
| Dec 01, 2014 | $0.037 | OrdinaryDividend |
| Nov 03, 2014 | $0.038 | OrdinaryDividend |
| Oct 01, 2014 | $0.038 | OrdinaryDividend |
| Sep 02, 2014 | $0.037 | OrdinaryDividend |
| Aug 01, 2014 | $0.040 | OrdinaryDividend |
| Jul 01, 2014 | $0.039 | OrdinaryDividend |
| Jun 02, 2014 | $0.037 | OrdinaryDividend |
| May 01, 2014 | $0.041 | OrdinaryDividend |
| Apr 01, 2014 | $0.042 | OrdinaryDividend |
| Mar 03, 2014 | $0.039 | OrdinaryDividend |
| Feb 03, 2014 | $0.042 | OrdinaryDividend |
| Jan 02, 2014 | $0.043 | OrdinaryDividend |
| Dec 02, 2013 | $0.041 | OrdinaryDividend |
| Nov 01, 2013 | $0.043 | OrdinaryDividend |
| Oct 01, 2013 | $0.042 | OrdinaryDividend |
| Sep 03, 2013 | $0.042 | OrdinaryDividend |
| Aug 01, 2013 | $0.043 | OrdinaryDividend |
| Jul 01, 2013 | $0.043 | OrdinaryDividend |
| Jun 03, 2013 | $0.039 | OrdinaryDividend |
| May 01, 2013 | $0.049 | OrdinaryDividend |
| Apr 01, 2013 | $0.037 | OrdinaryDividend |
| Mar 01, 2013 | $0.039 | OrdinaryDividend |
| Feb 01, 2013 | $0.039 | OrdinaryDividend |
| Jan 02, 2013 | $0.037 | OrdinaryDividend |
| Dec 03, 2012 | $0.037 | OrdinaryDividend |
| Nov 01, 2012 | $0.037 | OrdinaryDividend |
| Oct 01, 2012 | $0.037 | OrdinaryDividend |
| Sep 04, 2012 | $0.039 | OrdinaryDividend |
| Aug 01, 2012 | $0.042 | OrdinaryDividend |
| Jul 02, 2012 | $0.040 | OrdinaryDividend |
| Jun 01, 2012 | $0.039 | OrdinaryDividend |
| May 01, 2012 | $0.040 | OrdinaryDividend |
| Apr 02, 2012 | $0.044 | OrdinaryDividend |
| Mar 01, 2012 | $0.040 | OrdinaryDividend |
| Feb 01, 2012 | $0.042 | OrdinaryDividend |
| Jan 03, 2012 | $0.042 | OrdinaryDividend |
| Dec 01, 2011 | $0.043 | OrdinaryDividend |
| Nov 01, 2011 | $0.045 | OrdinaryDividend |
| Oct 03, 2011 | $0.043 | OrdinaryDividend |
| Sep 01, 2011 | $0.046 | OrdinaryDividend |
| Aug 01, 2011 | $0.046 | OrdinaryDividend |
| Jul 01, 2011 | $0.043 | OrdinaryDividend |
| Jun 01, 2011 | $0.046 | OrdinaryDividend |
| May 02, 2011 | $0.045 | OrdinaryDividend |
| Apr 01, 2011 | $0.046 | OrdinaryDividend |
| Mar 01, 2011 | $0.040 | OrdinaryDividend |
| Feb 01, 2011 | $0.050 | OrdinaryDividend |
| Jan 03, 2011 | $0.045 | OrdinaryDividend |
| Dec 01, 2010 | $0.045 | OrdinaryDividend |
| Nov 01, 2010 | $0.044 | OrdinaryDividend |
| Oct 01, 2010 | $0.043 | OrdinaryDividend |
| Sep 01, 2010 | $0.043 | OrdinaryDividend |
| Aug 02, 2010 | $0.043 | OrdinaryDividend |
| Jul 01, 2010 | $0.044 | OrdinaryDividend |
| Jun 01, 2010 | $0.044 | OrdinaryDividend |
| May 03, 2010 | $0.044 | OrdinaryDividend |
| Apr 01, 2010 | $0.045 | OrdinaryDividend |
| Mar 01, 2010 | $0.041 | OrdinaryDividend |
| Feb 01, 2010 | $0.042 | OrdinaryDividend |
| Jan 04, 2010 | $0.055 | OrdinaryDividend |
| Dec 01, 2009 | $0.046 | OrdinaryDividend |
| Nov 02, 2009 | $0.046 | OrdinaryDividend |
| Oct 01, 2009 | $0.045 | OrdinaryDividend |
| Sep 01, 2009 | $0.048 | OrdinaryDividend |
| Aug 03, 2009 | $0.046 | OrdinaryDividend |
| Jul 01, 2009 | $0.044 | OrdinaryDividend |
| Jun 01, 2009 | $0.046 | OrdinaryDividend |
| May 01, 2009 | $0.045 | OrdinaryDividend |
| Apr 01, 2009 | $0.047 | OrdinaryDividend |
| Mar 02, 2009 | $0.042 | OrdinaryDividend |
| Feb 02, 2009 | $0.043 | OrdinaryDividend |
| Jan 02, 2009 | $0.051 | OrdinaryDividend |
| Dec 01, 2008 | $0.045 | OrdinaryDividend |
| Nov 03, 2008 | $0.047 | OrdinaryDividend |
| Oct 01, 2008 | $0.044 | OrdinaryDividend |
| Sep 02, 2008 | $0.045 | OrdinaryDividend |
| Aug 01, 2008 | $0.046 | OrdinaryDividend |
| Jul 01, 2008 | $0.045 | OrdinaryDividend |
| Jun 02, 2008 | $0.045 | OrdinaryDividend |
| May 01, 2008 | $0.044 | OrdinaryDividend |
| Apr 01, 2008 | $0.045 | OrdinaryDividend |
| Mar 03, 2008 | $0.045 | OrdinaryDividend |
| Feb 01, 2008 | $0.042 | OrdinaryDividend |
| Jan 02, 2008 | $0.048 | OrdinaryDividend |
| Dec 03, 2007 | $0.045 | OrdinaryDividend |
| Nov 01, 2007 | $0.044 | OrdinaryDividend |
| Oct 01, 2007 | $0.043 | OrdinaryDividend |
| Sep 04, 2007 | $0.046 | OrdinaryDividend |
| Aug 01, 2007 | $0.046 | OrdinaryDividend |
| Jul 02, 2007 | $0.044 | OrdinaryDividend |
| Jun 01, 2007 | $0.046 | OrdinaryDividend |
| May 01, 2007 | $0.045 | OrdinaryDividend |
| Apr 02, 2007 | $0.046 | OrdinaryDividend |
| Mar 01, 2007 | $0.041 | OrdinaryDividend |
| Feb 01, 2007 | $0.046 | OrdinaryDividend |
| Jan 02, 2007 | $0.045 | OrdinaryDividend |
| Dec 01, 2006 | $0.044 | OrdinaryDividend |
| Nov 01, 2006 | $0.045 | OrdinaryDividend |
| Oct 02, 2006 | $0.044 | OrdinaryDividend |
| Sep 01, 2006 | $0.045 | OrdinaryDividend |
| Aug 01, 2006 | $0.045 | OrdinaryDividend |
| Jul 03, 2006 | $0.045 | OrdinaryDividend |
| Jun 01, 2006 | $0.047 | OrdinaryDividend |
| May 01, 2006 | $0.045 | OrdinaryDividend |
| Apr 03, 2006 | $0.045 | OrdinaryDividend |
| Mar 01, 2006 | $0.040 | OrdinaryDividend |
| Feb 01, 2006 | $0.045 | OrdinaryDividend |
| Jan 03, 2006 | $0.045 | OrdinaryDividend |
| Dec 01, 2005 | $0.042 | OrdinaryDividend |
| Nov 01, 2005 | $0.046 | OrdinaryDividend |
| Oct 03, 2005 | $0.043 | OrdinaryDividend |
| Sep 01, 2005 | $0.046 | OrdinaryDividend |
| Aug 01, 2005 | $0.043 | OrdinaryDividend |
| Jul 01, 2005 | $0.044 | OrdinaryDividend |
| Jun 01, 2005 | $0.046 | OrdinaryDividend |
| May 02, 2005 | $0.042 | OrdinaryDividend |
| Apr 01, 2005 | $0.044 | OrdinaryDividend |
| Mar 01, 2005 | $0.013 | OrdinaryDividend |
| Feb 16, 2005 | $0.024 | OrdinaryDividend |
| Feb 01, 2005 | $0.048 | OrdinaryDividend |
| Jan 03, 2005 | $0.052 | OrdinaryDividend |
PRBIX - Fund Manager Analysis
Managers
Richard Taormina
Start Date
Tenure
Tenure Rank
Feb 28, 2005
17.26
17.3%
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).
Michelle Hallam
Start Date
Tenure
Tenure Rank
Jul 01, 2014
7.92
7.9%
Ms. Hallam, CFA charterholder and Executive Director, is a senior portfolio manager within the Global Fixed Income, Currency and Commodities (GFICC) group. An employee of JPMIM since 1999, Ms. Hallam is responsible for managing mutual funds and separately managed accounts. She began her career at JPMIM in July 1999 as an analyst in the Internal Consulting Services program where she worked on projects in Investment Management and Financial Risk Management.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 35.05 | 7.28 | 1.58 |