TXRCX

About TXRCX

JPMorgan Tax Aware Real Return Fund Class C is a mutual fund that focuses on delivering tax-efficient, inflation-protected returns by primarily investing in municipal bonds whose interest payments are federally tax-exempt. Its core objective is to maximize after-tax real return, making it a notable option for investors seeking income that maintains purchasing power and is sheltered from federal income taxes. The fund typically manages a diversified portfolio of municipal obligations, with an average dollar-weighted maturity ranging between three and ten years, thus balancing interest rate risk with intermediate-term exposure. With over 300 holdings, the fund diversifies across different states, sectors, and issuers to help reduce credit and sector concentration risk. Nearly all of its assets are in bonds, with a small allocation to cash, and it distributes income monthly. By emphasizing tax-aware strategies and broad sector allocation within the municipal market, this fund plays a specialized role for investors interested in after-tax income stability amid inflationary environments.