Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
JPMorgan National Municipal Income Fund
mutual fund
JITIX
Payout Change
Pending
Price as of:
$10.07
+0.0
+0.0%
primary theme
Municipal Bond
share class
JITIX (Mutual Fund)
JPMorgan National Municipal Income Fund
Payout Change
Pending
Price as of:
$10.07
+0.0
+0.0%
primary theme
Municipal Bond
share class
JITIX (Mutual Fund)
JPMorgan National Municipal Income Fund
Payout Change
Pending
Price as of:
$10.07
+0.0
+0.0%
primary theme
Municipal Bond
share class
Name
As of 12/05/2024Price
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
3.4%
1 yr return
5.0%
3 Yr Avg Return
0.1%
5 Yr Avg Return
1.2%
Net Assets
$2.25 B
Holdings in Top 10
17.8%
52 WEEK LOW AND HIGH
$10.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.66%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 12.00%
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 12/05/2024Price
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
JITIX - Profile
Distributions
- YTD Total Return 3.4%
- 3 Yr Annualized Total Return 0.1%
- 5 Yr Annualized Total Return 1.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.31%
- Dividend Yield 3.6%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameJPMorgan National Municipal Income Fund
-
Fund Family NameJPMorgan Funds
-
Inception DateSep 10, 2001
-
Shares Outstanding69795963
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDavid Sivinski
Fund Description
As a fundamental policy, the Fund normally invests at least 80% of the value of its Assets in municipal obligations whose interest payments are excluded from gross income for federal income tax purposes and not subject to the federal alternative minimum tax on individuals. “Assets” means net assets, plus the amount of borrowings for investment purposes.Under normal circumstances, the Fund reserves the right to invest up to 20% of its Assets in securities that pay interest subject to federal income tax or the federal alternative minimum tax on individuals. To defend the value of its assets during unusual market conditions, the Fund may temporarily exceed this limit.There may be times when there are not enough municipal obligations available to meet the Fund’s needs. On these occasions, the Fund may invest in repurchase agreements or U.S. Treasury securities that may be subject to federal income tax.The Fund may invest in debt securities issued by governmental entities, certain issuers identified with the U.S. government and private issuers. 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 high-quality, short-term money market instruments and repurchase agreements.The Fund may also invest in zero-coupon securities and forward commitments.The average weighted maturity of the Fund’s portfolio will be between three and twelve years. Average weighted maturity is the average of all the current maturities (that is, the term of the securities) of the individual bonds in a Fund calculated so as to count most heavily those securities with the highest dollar value. Average weighted maturity is important to investors as an indication of a Fund’s sensitivity to changes in interest rates. Usually, the longer the average weighted maturity, the more fluctuation in share price you can expect.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
JITIX - Performance
Return Ranking - Trailing
| Period | JITIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.4% | -4.3% | 40.7% | 55.54% |
| 1 Yr | 5.0% | -2.6% | 46.0% | 50.50% |
| 3 Yr | 0.1%* | -10.3% | 6.3% | 38.52% |
| 5 Yr | 1.2%* | -6.5% | 1105.2% | 39.06% |
| 10 Yr | 1.8%* | -0.9% | 249.0% | 50.55% |
* Annualized
Return Ranking - Calendar
| Period | JITIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 1.6% | -1.4% | 41.0% | 85.32% |
| 2022 | -10.5% | -39.7% | 0.3% | 39.11% |
| 2021 | -2.1% | -5.6% | 6.9% | 98.21% |
| 2020 | 2.5% | -2.6% | 310.0% | 15.83% |
| 2019 | 3.9% | 0.0% | 26.0% | 46.15% |
Total Return Ranking - Trailing
| Period | JITIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.4% | -4.3% | 40.7% | 55.54% |
| 1 Yr | 5.0% | -2.6% | 46.0% | 50.50% |
| 3 Yr | 0.1%* | -10.3% | 6.3% | 38.52% |
| 5 Yr | 1.2%* | -6.5% | 1105.2% | 39.06% |
| 10 Yr | 1.8%* | -0.9% | 249.0% | 50.55% |
* Annualized
Total Return Ranking - Calendar
| Period | JITIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 5.0% | -1.3% | 41.0% | 65.66% |
| 2022 | -7.9% | -39.7% | 1.1% | 35.02% |
| 2021 | 1.0% | -4.8% | 23761504.0% | 65.84% |
| 2020 | 4.8% | -1.5% | 17057.9% | 19.68% |
| 2019 | 5.2% | 0.2% | 3514.6% | 78.40% |
NAV & Total Return History
JITIX - Holdings
Concentration Analysis
| JITIX | Category Low | Category High | JITIX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.25 B | 3.22 M | 71.9 B | 15.59% |
| Number of Holdings | 474 | 4 | 13418 | 27.40% |
| Net Assets in Top 10 | 365 M | -317 M | 3.09 B | 9.54% |
| Weighting of Top 10 | 17.82% | 1.8% | 100.3% | 50.07% |
Top 10 Holdings
- JPMorgan Institutional Tax Free Money Market Fund, Class IM 6.53%
- County of Utah, IHC Health Services, Inc., Series 2018C 1.71%
- Tennessee Energy Acquisition Corp., Gas Project, Series 2018 1.62%
- Main Street Natural Gas, Inc., Gas Supply, Series 2022B 1.46%
- Sales Tax Securitization Corp., Series 2018C 1.21%
- Metropolitan Government of Nashville and Davidson County 1.20%
- County of Campbell, Solid Waste Facilities, Basin Electric Power Co-operative, Dry Fork Station Facilities, Series 2019A 1.07%
- State of Mississippi, Series 2018A 1.04%
- State of Illinois, Series 2022B 0.99%
- California Community Choice Financing Authority, Clean Energy Project, Series 2021B-1 0.99%
Asset Allocation
| Weighting | Return Low | Return High | JITIX % Rank | |
|---|---|---|---|---|
| Bonds | 89.72% | 0.00% | 150.86% | 96.38% |
| Cash | 10.25% | -50.86% | 44.62% | 3.22% |
| Other | 0.02% | -3.69% | 53.54% | 9.94% |
| Stocks | 0.00% | 0.00% | 99.78% | 95.70% |
| Preferred Stocks | 0.00% | 0.00% | 0.07% | 94.69% |
| Convertible Bonds | 0.00% | 0.00% | 0.93% | 94.54% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | JITIX % Rank | |
|---|---|---|---|---|
| Municipal | 98.07% | 44.39% | 100.00% | 54.69% |
| Cash & Equivalents | 10.13% | 0.00% | 44.41% | 3.16% |
| Derivative | 0.02% | -3.69% | 53.54% | 7.19% |
| Securitized | 0.00% | 0.00% | 5.93% | 94.47% |
| Corporate | 0.00% | 0.00% | 9.41% | 95.62% |
| Government | 0.00% | 0.00% | 52.02% | 94.94% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | JITIX % Rank | |
|---|---|---|---|---|
| US | 89.72% | 0.00% | 142.23% | 96.17% |
| Non US | 0.00% | 0.00% | 23.89% | 95.50% |
JITIX - Expenses
Operational Fees
| JITIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.66% | 0.01% | 8.02% | 59.68% |
| Management Fee | 0.30% | 0.00% | 1.20% | 17.99% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.08% | 0.01% | 0.44% | 23.81% |
Sales Fees
| JITIX 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
| JITIX 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.
| JITIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 12.00% | 0.00% | 283.00% | 31.84% |
JITIX - Distributions
Dividend Yield Analysis
| JITIX | Category Low | Category High | JITIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.63% | 0.00% | 14.51% | 12.62% |
Dividend Distribution Analysis
| JITIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| JITIX | Category Low | Category High | JITIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.31% | -0.53% | 5.33% | 30.52% |
Capital Gain Distribution Analysis
| JITIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 26, 2024 | $0.030 | OrdinaryDividend |
| Oct 29, 2024 | $0.030 | OrdinaryDividend |
| Sep 26, 2024 | $0.031 | OrdinaryDividend |
| Aug 28, 2024 | $0.031 | OrdinaryDividend |
| Jul 29, 2024 | $0.030 | OrdinaryDividend |
| Apr 26, 2024 | $0.032 | OrdinaryDividend |
| Mar 26, 2024 | $0.030 | OrdinaryDividend |
| Feb 27, 2024 | $0.033 | OrdinaryDividend |
| Jan 29, 2024 | $0.030 | OrdinaryDividend |
| Dec 27, 2023 | $0.029 | OrdinaryDividend |
| Nov 28, 2023 | $0.030 | OrdinaryDividend |
| Oct 27, 2023 | $0.031 | OrdinaryDividend |
| Sep 27, 2023 | $0.028 | OrdinaryDividend |
| Aug 29, 2023 | $0.027 | OrdinaryDividend |
| Jul 27, 2023 | $0.027 | OrdinaryDividend |
| Jun 28, 2023 | $0.026 | OrdinaryDividend |
| May 26, 2023 | $0.026 | OrdinaryDividend |
| Apr 26, 2023 | $0.029 | OrdinaryDividend |
| Mar 29, 2023 | $0.026 | OrdinaryDividend |
| Feb 24, 2023 | $0.025 | OrdinaryDividend |
| Jan 27, 2023 | $0.026 | OrdinaryDividend |
| Dec 28, 2022 | $0.025 | OrdinaryDividend |
| Dec 13, 2022 | $0.000 | CapitalGainShortTerm |
| Dec 13, 2022 | $0.010 | CapitalGainLongTerm |
| Nov 28, 2022 | $0.026 | OrdinaryDividend |
| Oct 27, 2022 | $0.025 | OrdinaryDividend |
| Sep 28, 2022 | $0.024 | OrdinaryDividend |
| Aug 29, 2022 | $0.023 | OrdinaryDividend |
| Jul 27, 2022 | $0.022 | OrdinaryDividend |
| Jun 28, 2022 | $0.023 | OrdinaryDividend |
| May 26, 2022 | $0.022 | OrdinaryDividend |
| Apr 27, 2022 | $0.023 | OrdinaryDividend |
| Mar 29, 2022 | $0.021 | OrdinaryDividend |
| Feb 24, 2022 | $0.022 | OrdinaryDividend |
| Jan 27, 2022 | $0.021 | OrdinaryDividend |
| Dec 29, 2021 | $0.021 | OrdinaryDividend |
| Dec 13, 2021 | $0.004 | CapitalGainShortTerm |
| Dec 13, 2021 | $0.087 | CapitalGainLongTerm |
| Nov 26, 2021 | $0.022 | OrdinaryDividend |
| Oct 27, 2021 | $0.021 | OrdinaryDividend |
| Sep 28, 2021 | $0.022 | OrdinaryDividend |
| Aug 27, 2021 | $0.021 | OrdinaryDividend |
| Jul 28, 2021 | $0.022 | OrdinaryDividend |
| Jun 28, 2021 | $0.022 | OrdinaryDividend |
| May 26, 2021 | $0.022 | OrdinaryDividend |
| Apr 28, 2021 | $0.024 | OrdinaryDividend |
| Mar 29, 2021 | $0.021 | OrdinaryDividend |
| Feb 24, 2021 | $0.021 | OrdinaryDividend |
| Jan 27, 2021 | $0.020 | OrdinaryDividend |
| Dec 29, 2020 | $0.020 | OrdinaryDividend |
| Nov 25, 2020 | $0.019 | OrdinaryDividend |
| Oct 28, 2020 | $0.021 | OrdinaryDividend |
| Sep 28, 2020 | $0.021 | OrdinaryDividend |
| Aug 27, 2020 | $0.020 | OrdinaryDividend |
| Jul 29, 2020 | $0.019 | OrdinaryDividend |
| Jun 26, 2020 | $0.020 | OrdinaryDividend |
| May 27, 2020 | $0.019 | OrdinaryDividend |
| Apr 28, 2020 | $0.021 | OrdinaryDividend |
| Mar 27, 2020 | $0.020 | OrdinaryDividend |
| Feb 26, 2020 | $0.021 | OrdinaryDividend |
| Jan 29, 2020 | $0.021 | OrdinaryDividend |
| Dec 27, 2019 | $0.000 | OrdinaryDividend |
| Nov 26, 2019 | $0.000 | OrdinaryDividend |
| Oct 29, 2019 | $0.000 | OrdinaryDividend |
| Sep 26, 2019 | $0.000 | OrdinaryDividend |
| Aug 28, 2019 | $0.000 | OrdinaryDividend |
| Jul 29, 2019 | $0.000 | OrdinaryDividend |
| Jun 26, 2019 | $0.024 | OrdinaryDividend |
| May 29, 2019 | $0.023 | OrdinaryDividend |
| Apr 26, 2019 | $0.024 | OrdinaryDividend |
| Mar 27, 2019 | $0.022 | OrdinaryDividend |
| Feb 26, 2019 | $0.022 | OrdinaryDividend |
| Jan 29, 2019 | $0.022 | OrdinaryDividend |
| Dec 27, 2018 | $0.025 | OrdinaryDividend |
| Nov 28, 2018 | $0.024 | OrdinaryDividend |
| Oct 29, 2018 | $0.023 | OrdinaryDividend |
| Sep 26, 2018 | $0.023 | OrdinaryDividend |
| Aug 29, 2018 | $0.022 | OrdinaryDividend |
| Jul 27, 2018 | $0.021 | OrdinaryDividend |
| Jun 27, 2018 | $0.023 | OrdinaryDividend |
| May 29, 2018 | $0.022 | OrdinaryDividend |
| Apr 26, 2018 | $0.024 | OrdinaryDividend |
| Mar 27, 2018 | $0.020 | OrdinaryDividend |
| Feb 26, 2018 | $0.022 | OrdinaryDividend |
| Jan 29, 2018 | $0.022 | OrdinaryDividend |
| Dec 27, 2017 | $0.022 | OrdinaryDividend |
| Nov 28, 2017 | $0.022 | OrdinaryDividend |
| Oct 27, 2017 | $0.022 | OrdinaryDividend |
| Sep 27, 2017 | $0.022 | OrdinaryDividend |
| Aug 29, 2017 | $0.022 | OrdinaryDividend |
| Jul 27, 2017 | $0.023 | OrdinaryDividend |
| Jun 28, 2017 | $0.022 | OrdinaryDividend |
| May 26, 2017 | $0.022 | OrdinaryDividend |
| Apr 26, 2017 | $0.022 | OrdinaryDividend |
| Mar 29, 2017 | $0.023 | OrdinaryDividend |
| Feb 24, 2017 | $0.024 | OrdinaryDividend |
| Jan 27, 2017 | $0.023 | OrdinaryDividend |
| Dec 28, 2016 | $0.026 | OrdinaryDividend |
| Dec 14, 2016 | $0.012 | CapitalGainShortTerm |
| Dec 14, 2016 | $0.020 | CapitalGainLongTerm |
| Nov 28, 2016 | $0.022 | OrdinaryDividend |
| Oct 27, 2016 | $0.023 | OrdinaryDividend |
| Sep 28, 2016 | $0.023 | OrdinaryDividend |
| Aug 29, 2016 | $0.021 | OrdinaryDividend |
| Jul 27, 2016 | $0.024 | OrdinaryDividend |
| Jun 28, 2016 | $0.021 | OrdinaryDividend |
| May 26, 2016 | $0.022 | OrdinaryDividend |
| Apr 27, 2016 | $0.022 | OrdinaryDividend |
| Mar 29, 2016 | $0.023 | OrdinaryDividend |
| Feb 25, 2016 | $0.020 | OrdinaryDividend |
| Jan 27, 2016 | $0.022 | OrdinaryDividend |
| Dec 29, 2015 | $0.024 | OrdinaryDividend |
| Dec 11, 2015 | $0.004 | CapitalGainShortTerm |
| Dec 11, 2015 | $0.015 | CapitalGainLongTerm |
| Nov 25, 2015 | $0.026 | OrdinaryDividend |
| Oct 28, 2015 | $0.028 | OrdinaryDividend |
| Sep 28, 2015 | $0.027 | OrdinaryDividend |
| Aug 27, 2015 | $0.030 | OrdinaryDividend |
| Jul 29, 2015 | $0.028 | OrdinaryDividend |
| Jun 26, 2015 | $0.027 | OrdinaryDividend |
| May 27, 2015 | $0.025 | OrdinaryDividend |
| Apr 28, 2015 | $0.025 | OrdinaryDividend |
| Mar 27, 2015 | $0.026 | OrdinaryDividend |
| Feb 25, 2015 | $0.024 | OrdinaryDividend |
| Jan 29, 2015 | $0.027 | OrdinaryDividend |
| Dec 30, 2014 | $0.026 | OrdinaryDividend |
| Dec 12, 2014 | $0.005 | CapitalGainShortTerm |
| Dec 12, 2014 | $0.011 | CapitalGainLongTerm |
| Nov 28, 2014 | $0.026 | OrdinaryDividend |
| Oct 31, 2014 | $0.027 | OrdinaryDividend |
| Sep 30, 2014 | $0.026 | OrdinaryDividend |
| Aug 29, 2014 | $0.027 | OrdinaryDividend |
| Jul 31, 2014 | $0.027 | OrdinaryDividend |
| Jun 30, 2014 | $0.027 | OrdinaryDividend |
| May 30, 2014 | $0.027 | OrdinaryDividend |
| Apr 30, 2014 | $0.026 | OrdinaryDividend |
| Mar 31, 2014 | $0.028 | OrdinaryDividend |
| Feb 28, 2014 | $0.026 | OrdinaryDividend |
| Jan 31, 2014 | $0.027 | OrdinaryDividend |
| Dec 31, 2013 | $0.029 | OrdinaryDividend |
| Dec 12, 2013 | $0.002 | CapitalGainShortTerm |
| Dec 12, 2013 | $0.010 | CapitalGainLongTerm |
| Nov 29, 2013 | $0.028 | OrdinaryDividend |
| Oct 31, 2013 | $0.028 | OrdinaryDividend |
| Sep 30, 2013 | $0.028 | OrdinaryDividend |
| Aug 30, 2013 | $0.029 | OrdinaryDividend |
| Jul 31, 2013 | $0.027 | OrdinaryDividend |
| Jun 28, 2013 | $0.027 | OrdinaryDividend |
| May 31, 2013 | $0.025 | OrdinaryDividend |
| Apr 30, 2013 | $0.025 | OrdinaryDividend |
| Mar 28, 2013 | $0.024 | OrdinaryDividend |
| Feb 28, 2013 | $0.024 | OrdinaryDividend |
| Jan 31, 2013 | $0.024 | OrdinaryDividend |
| Dec 31, 2012 | $0.024 | OrdinaryDividend |
| Dec 13, 2012 | $0.004 | CapitalGainShortTerm |
| Dec 13, 2012 | $0.024 | CapitalGainLongTerm |
| Nov 30, 2012 | $0.024 | OrdinaryDividend |
| Oct 31, 2012 | $0.025 | OrdinaryDividend |
| Sep 28, 2012 | $0.025 | OrdinaryDividend |
| Aug 31, 2012 | $0.026 | OrdinaryDividend |
| Jul 31, 2012 | $0.027 | OrdinaryDividend |
| Jun 29, 2012 | $0.026 | OrdinaryDividend |
| May 31, 2012 | $0.026 | OrdinaryDividend |
| Apr 30, 2012 | $0.027 | OrdinaryDividend |
| Mar 30, 2012 | $0.028 | OrdinaryDividend |
| Feb 29, 2012 | $0.027 | OrdinaryDividend |
| Jan 31, 2012 | $0.028 | OrdinaryDividend |
| Dec 30, 2011 | $0.029 | OrdinaryDividend |
| Dec 15, 2011 | $0.012 | CapitalGainLongTerm |
| Nov 30, 2011 | $0.027 | OrdinaryDividend |
| Oct 31, 2011 | $0.028 | OrdinaryDividend |
| Sep 30, 2011 | $0.029 | OrdinaryDividend |
| Aug 31, 2011 | $0.030 | OrdinaryDividend |
| Jul 29, 2011 | $0.029 | OrdinaryDividend |
| Jun 30, 2011 | $0.028 | OrdinaryDividend |
| May 31, 2011 | $0.030 | OrdinaryDividend |
| Apr 29, 2011 | $0.028 | OrdinaryDividend |
| Mar 31, 2011 | $0.029 | OrdinaryDividend |
| Feb 28, 2011 | $0.027 | OrdinaryDividend |
| Jan 31, 2011 | $0.029 | OrdinaryDividend |
| Dec 31, 2010 | $0.031 | OrdinaryDividend |
| Dec 14, 2010 | $0.001 | CapitalGainShortTerm |
| Dec 14, 2010 | $0.001 | CapitalGainLongTerm |
| Nov 30, 2010 | $0.025 | OrdinaryDividend |
| Oct 29, 2010 | $0.027 | OrdinaryDividend |
| Sep 30, 2010 | $0.027 | OrdinaryDividend |
| Aug 31, 2010 | $0.028 | OrdinaryDividend |
| Jul 30, 2010 | $0.029 | OrdinaryDividend |
| Jun 30, 2010 | $0.028 | OrdinaryDividend |
| May 28, 2010 | $0.030 | OrdinaryDividend |
| Apr 30, 2010 | $0.029 | OrdinaryDividend |
| Mar 31, 2010 | $0.029 | OrdinaryDividend |
| Feb 26, 2010 | $0.028 | OrdinaryDividend |
| Jan 29, 2010 | $0.030 | OrdinaryDividend |
| Dec 31, 2009 | $0.030 | OrdinaryDividend |
| Dec 15, 2009 | $0.007 | CapitalGainShortTerm |
| Dec 15, 2009 | $0.001 | CapitalGainLongTerm |
| Nov 30, 2009 | $0.029 | OrdinaryDividend |
| Oct 30, 2009 | $0.030 | OrdinaryDividend |
| Sep 30, 2009 | $0.029 | OrdinaryDividend |
| Aug 31, 2009 | $0.030 | OrdinaryDividend |
| Jul 31, 2009 | $0.030 | OrdinaryDividend |
| Jun 23, 2009 | $0.031 | OrdinaryDividend |
| May 29, 2009 | $0.031 | OrdinaryDividend |
| Apr 30, 2009 | $0.035 | OrdinaryDividend |
| Mar 31, 2009 | $0.031 | OrdinaryDividend |
| Feb 27, 2009 | $0.027 | OrdinaryDividend |
| Jan 30, 2009 | $0.030 | OrdinaryDividend |
| Dec 31, 2008 | $0.034 | OrdinaryDividend |
| Nov 28, 2008 | $0.031 | OrdinaryDividend |
| Oct 31, 2008 | $0.034 | OrdinaryDividend |
| Sep 30, 2008 | $0.032 | OrdinaryDividend |
| Aug 29, 2008 | $0.033 | OrdinaryDividend |
| Jul 31, 2008 | $0.033 | OrdinaryDividend |
| Jun 30, 2008 | $0.032 | OrdinaryDividend |
| May 30, 2008 | $0.034 | OrdinaryDividend |
| Apr 30, 2008 | $0.031 | OrdinaryDividend |
| Mar 31, 2008 | $0.033 | OrdinaryDividend |
| Feb 29, 2008 | $0.032 | OrdinaryDividend |
| Jan 31, 2008 | $0.033 | OrdinaryDividend |
| Dec 31, 2007 | $0.034 | OrdinaryDividend |
| Nov 30, 2007 | $0.035 | OrdinaryDividend |
| Oct 31, 2007 | $0.034 | OrdinaryDividend |
| Sep 28, 2007 | $0.033 | OrdinaryDividend |
| Aug 31, 2007 | $0.034 | OrdinaryDividend |
| Jul 31, 2007 | $0.035 | OrdinaryDividend |
| Jun 29, 2007 | $0.034 | OrdinaryDividend |
| May 31, 2007 | $0.035 | OrdinaryDividend |
| Apr 30, 2007 | $0.034 | OrdinaryDividend |
| Mar 30, 2007 | $0.035 | OrdinaryDividend |
| Feb 28, 2007 | $0.032 | OrdinaryDividend |
| Jan 31, 2007 | $0.034 | OrdinaryDividend |
| Dec 29, 2006 | $0.035 | OrdinaryDividend |
| Nov 30, 2006 | $0.034 | OrdinaryDividend |
| Nov 28, 2006 | $0.001 | CapitalGainLongTerm |
| Oct 31, 2006 | $0.036 | OrdinaryDividend |
| Sep 29, 2006 | $0.034 | OrdinaryDividend |
| Aug 31, 2006 | $0.037 | OrdinaryDividend |
| Jul 31, 2006 | $0.036 | OrdinaryDividend |
| Jun 30, 2006 | $0.035 | OrdinaryDividend |
| May 31, 2006 | $0.035 | OrdinaryDividend |
| Apr 28, 2006 | $0.034 | OrdinaryDividend |
| Mar 31, 2006 | $0.036 | OrdinaryDividend |
| Feb 28, 2006 | $0.030 | OrdinaryDividend |
| Jan 31, 2006 | $0.037 | OrdinaryDividend |
| Dec 30, 2005 | $0.035 | OrdinaryDividend |
| Dec 15, 2005 | $0.003 | CapitalGainShortTerm |
| Dec 15, 2005 | $0.033 | CapitalGainLongTerm |
| Nov 30, 2005 | $0.034 | OrdinaryDividend |
| Oct 31, 2005 | $0.035 | OrdinaryDividend |
| Sep 30, 2005 | $0.034 | OrdinaryDividend |
| Aug 31, 2005 | $0.035 | OrdinaryDividend |
| Jul 29, 2005 | $0.036 | OrdinaryDividend |
| Jun 30, 2005 | $0.036 | OrdinaryDividend |
| May 31, 2005 | $0.037 | OrdinaryDividend |
| Apr 29, 2005 | $0.034 | OrdinaryDividend |
| Mar 31, 2005 | $0.036 | OrdinaryDividend |
| Feb 28, 2005 | $0.012 | OrdinaryDividend |
| Feb 15, 2005 | $0.017 | OrdinaryDividend |
| Jan 31, 2005 | $0.035 | OrdinaryDividend |
| Dec 31, 2004 | $0.035 | OrdinaryDividend |
JITIX - Fund Manager Analysis
Managers
David Sivinski
Start Date
Tenure
Tenure Rank
Jun 30, 2005
16.93
16.9%
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.
Richard Taormina
Start Date
Tenure
Tenure Rank
Feb 28, 2006
16.26
16.3%
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).
Kevin Ellis
Start Date
Tenure
Tenure Rank
Jul 01, 2014
7.92
7.9%
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 |
