PRBIX Performance — JPMorgan Tax Free Bond Fund, Class I
Data updated: 2026-07-28
PRBIX returned +1.13% year to date and +5.71% over one year to May 2026. Annualised returns are +3.84% over 3 years and +0.06% over 5 years. Against its Intermediate Municipal Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $112, against $111 for the category, and to $106 over one year, against $106. Volatility over the past three years was 6.44% a year. In the 12 months to May 2026 the fund took in a net $120.7M, and assets reached $885.47M.
PRBIX Growth of $100
What $100 invested in JPMorgan Tax Free Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | PRBIX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $106 | $106 |
| 3 years (Jun 2023 – May 2026) | $112 | $111 |
| 5 years (Jun 2021 – May 2026) | $100 | $104 |
| Since data start (Sep 2019 – May 2026) | $107 | $109 |
PRBIX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.13% |
| 1 year | +5.71% |
| 3 years (annualised) | +3.84% |
| 5 years (annualised) | +0.06% |
PRBIX Annual Returns
Calendar-year total returns of JPMorgan Tax Free Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +1.13% |
| 2025 | +3.70% |
| 2024 | +2.10% |
| 2023 | +6.56% |
| 2022 | −12.92% |
| 2021 | +2.52% |
| 2020 | +5.71% |
| 2019 (Sep–Dec) | −0.27% |
PRBIX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.6% | +1.2% | −2.2% | +1.1% | +0.4% | — | — | — | — | — | — | — |
| 2025 | +0.4% | +1.0% | −1.4% | −0.4% | −0.4% | +0.6% | −0.6% | +0.8% | +2.5% | +1.0% | +0.3% | −0.1% |
| 2024 | −0.2% | 0.0% | +0.1% | −1.0% | 0.0% | +1.6% | +0.8% | +0.7% | +1.0% | −1.2% | +1.4% | −1.2% |
| 2023 | +3.9% | −3.1% | +2.3% | −0.1% | −1.0% | +1.3% | +0.2% | −1.8% | −3.7% | −1.9% | +8.0% | +2.8% |
| 2022 | −2.8% | −0.9% | −3.5% | −4.0% | +1.4% | −3.3% | +3.6% | −3.0% | −5.2% | −1.5% | +6.4% | −0.4% |
| 2021 | +0.8% | −1.8% | +0.6% | +1.2% | +0.8% | +0.5% | +0.9% | −0.5% | −0.9% | −0.2% | +1.0% | +0.2% |
| 2020 | +1.9% | +1.8% | −4.6% | −2.4% | +3.6% | +1.4% | +2.1% | −0.6% | 0.0% | −0.4% | +1.9% | +1.1% |
| 2019 | — | — | — | — | — | — | — | — | −0.7% | 0.0% | +0.2% | +0.3% |
PRBIX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 6.44%
- 3-year Sharpe ratio: -0.10 (vs 4.5% risk-free rate)
- Best month: +8.01% (Nov 2023)
- Worst month: −3.67% (Sep 2023)
PRBIX Fund Flows
Monthly money in and out of JPMorgan Tax Free Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $120.7M
- 12-month gross sales (incl. reinvestments): $283.1M
- Sales ÷ redemptions: 1.74×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $48.8M | $10.7M | $38.1M |
| Apr 2026 | $14.8M | $12.1M | $2.7M |
| Mar 2026 | $16.7M | $10.5M | $6.2M |
| Feb 2026 | $15.1M | $11.6M | $3.5M |
| Jan 2026 | $15.4M | $14.4M | $1.0M |
| Dec 2025 | $19.2M | $18.6M | $644K |
| Nov 2025 | $12.7M | $14.3M | −$1.6M |
| Oct 2025 | $16.9M | $11.9M | $5.0M |
| Sep 2025 | $63.6M | $12.3M | $51.3M |
| Aug 2025 | $13.1M | $11.7M | $1.4M |
| Jul 2025 | $13.9M | $12.0M | $1.9M |
| Jun 2025 | $32.9M | $22.5M | $10.4M |
PRBIX Assets Under Management
Net assets of JPMorgan Tax Free Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $885.47M |
| 2026-02-28 | $851.93M |
| 2025-11-30 | $840.55M |
| 2025-08-31 | $762.75M |
| 2025-05-31 | $750.84M |
| 2025-02-28 | $679.19M |
| 2024-11-30 | $695.15M |
| 2024-08-31 | $632.56M |
| 2024-05-31 | $642.28M |
| 2024-02-29 | $832.73M |
| 2023-11-30 | $811.63M |
| 2023-08-31 | $759.41M |
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.