HLTZX Performance — JPMorgan Sustainable Municipal Income Fund, Class R6
Data updated: 2023-07-27
HLTZX returned −0.47% over one year to May 2023. The annualised 3-year return is −1.10%. The fund beat its Municipal Bond category average: $100 invested three years ago grew to $97, against $96 for the category, and to $100 over one year, against $99. Volatility over the past three years was 5.19% a year. In the 12 months to May 2023 the fund lost a net $29.6M, and assets reached $268.45M.
HLTZX Growth of $100
What $100 invested in JPMorgan Sustainable Municipal Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Municipal Bond category average over the same months.
| Period | HLTZX | Category average |
|---|---|---|
| 1 year (Jun 2022 – May 2023) | $100 | $99 |
| 3 years (Jun 2020 – May 2023) | $97 | $96 |
| Since data start (Sep 2019 – May 2023) | $98 | $96 |
HLTZX Trailing Returns
Total returns to May 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −0.47% |
| 3 years (annualised) | −1.10% |
HLTZX Annual Returns
Calendar-year total returns of JPMorgan Sustainable Municipal Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–May) | +0.98% |
| 2022 | −8.34% |
| 2021 | +1.23% |
| 2020 | +4.82% |
| 2019 (Sep–Dec) | −0.05% |
HLTZX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +2.2% | −2.0% | +1.7% | −0.2% | −0.7% | — | — | — | — | — | — | — |
| 2022 | −2.4% | −0.6% | −2.8% | −2.5% | +1.2% | −1.5% | +2.5% | −1.9% | −3.2% | −0.9% | +3.5% | +0.2% |
| 2021 | +0.5% | −1.4% | +0.6% | +0.7% | +0.4% | +0.3% | +0.8% | −0.2% | −0.8% | −0.3% | +0.7% | +0.2% |
| 2020 | +1.4% | +0.9% | −2.6% | −0.9% | +2.9% | +0.4% | +1.5% | −0.3% | +0.2% | −0.2% | +1.2% | +0.6% |
| 2019 | — | — | — | — | — | — | — | — | −0.8% | +0.3% | +0.1% | +0.4% |
HLTZX Risk
Risk measures from monthly returns over Jun 2020 – May 2023.
- 3-year volatility (annualised): 5.19%
- 3-year Sharpe ratio: -1.08 (vs 4.5% risk-free rate)
- Best month: +3.53% (Nov 2022)
- Worst month: −3.21% (Sep 2022)
HLTZX Fund Flows
Monthly money in and out of JPMorgan Sustainable Municipal Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$29.6M
- 12-month gross sales (incl. reinvestments): $189.9M
- Sales ÷ redemptions: 0.87×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2023 | $5.5M | $10.5M | −$5.0M |
| Apr 2023 | $6.0M | $4.2M | $1.8M |
| Mar 2023 | $17.6M | $8.2M | $9.5M |
| Feb 2023 | $6.7M | $8.2M | −$1.5M |
| Jan 2023 | $12.8M | $6.0M | $6.7M |
| Dec 2022 | $27.8M | $13.1M | $14.8M |
| Nov 2022 | $26.1M | $28.3M | −$2.2M |
| Oct 2022 | $20.2M | $46.6M | −$26.4M |
| Sep 2022 | $9.2M | $14.8M | −$5.7M |
| Aug 2022 | $34.0M | $18.1M | $15.8M |
| Jul 2022 | $7.5M | $37.3M | −$29.8M |
| Jun 2022 | $16.5M | $24.2M | −$7.7M |
HLTZX Assets Under Management
Net assets of JPMorgan Sustainable Municipal Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-05-31 | $268.45M |
| 2023-02-28 | $262.34M |
| 2022-11-30 | $243.23M |
| 2022-08-31 | $281.82M |
| 2022-05-31 | $308.59M |
| 2022-02-28 | $313.24M |
| 2021-11-30 | $330.15M |
| 2021-08-31 | $328.47M |
| 2021-05-31 | $318.48M |
| 2021-02-28 | $309.04M |
| 2020-11-30 | $304.72M |
| 2020-08-31 | $302.33M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.