JPMorgan Tax Aware Real Return Fund

Scorecard
1 / 5 Stars
Lipper
1 1 3 2 5
Zacks Investment Research
4 (Sell)
Standard & Poor's
2 / 5 Stars
TheStreet.com
D- (Sell)

#66 in Muni National Interm

U.S. News evaluated 82 Muni National Interm Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned -1.48 percent over the past year, 2.63 percent over the past three years, and 3.80 percent over the past five years.

Trailing Returns Updated 02.28.2014
Year to date 2.0%
1 Year -1.5%
3 Years (Annualized) 2.6%
5 Years (Annualized) 3.8%
10 Years (Annualized) N/A

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Summary

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.

Fees

Fees are Low compared to funds in the same category.
JPMorgan Tax Aware Real Return Fund has an expense ratio of 0.75 percent.

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Risk

Risk is Below Average compared to funds in the same category according to Morningstar.

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