Johnson Municipal Income Fund (JMUNX)
Under normal market conditions, the fund will invest at least 80% of its net assets, plus any amount for borrowing, in investment grade municipal securities, the income from which is exempt from regular federal income tax. It does not limit itself to securities of a particular maturity range, however, a majority of its assets will typically be invested in intermediate to long-term maturities (3 years or longer).
Fund Info
US4791644028
479164402
May 15, 1994
$2,000
Expense Ratio
JMUNX features an expense ratio of 0.65%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Johnson Municipal Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Johnson Municipal Income Fund had a return of 0.49% year-to-date (YTD) and 1.93% in the last 12 months. Over the past 10 years, Johnson Municipal Income Fund had an annualized return of 1.45%, while the S&P 500 had an annualized return of 11.31%, indicating that Johnson Municipal Income Fund did not perform as well as the benchmark.
JMUNX
0.49%
0.93%
0.20%
1.93%
0.27%
1.45%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of JMUNX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.31% | 0.49% | |||||||||||
| 2024 | -0.54% | 0.12% | 0.05% | -1.28% | -0.49% | 1.56% | 0.98% | 0.73% | 0.91% | -1.45% | 1.72% | -1.55% | 0.69% |
| 2023 | 2.66% | -2.29% | 2.08% | -0.30% | -1.10% | 0.96% | 0.49% | -1.65% | -2.79% | -1.29% | 6.86% | 2.38% | 5.75% |
| 2022 | -2.67% | -0.34% | -3.15% | -2.62% | 1.16% | -1.14% | 2.52% | -2.04% | -3.90% | -1.02% | 4.59% | 0.53% | -8.10% |
| 2021 | 0.27% | -2.07% | 0.57% | 0.67% | 0.39% | 0.21% | 0.72% | -0.38% | -0.78% | -0.17% | 0.67% | 0.06% | 0.12% |
| 2020 | 1.64% | 1.22% | -2.06% | -1.24% | 3.36% | 0.17% | 1.49% | -0.49% | -0.04% | -0.33% | 1.10% | 0.19% | 5.01% |
| 2019 | 0.82% | 0.52% | 1.04% | 0.11% | 1.14% | 0.34% | 0.74% | 1.12% | -0.71% | 0.06% | 0.11% | 0.06% | 5.47% |
| 2018 | -0.98% | -0.29% | 0.19% | -0.29% | 0.77% | 0.00% | 0.23% | 0.06% | -0.42% | -0.47% | 1.01% | 1.08% | 0.87% |
| 2017 | 0.35% | 0.47% | 0.18% | 0.64% | 1.10% | -0.35% | 0.52% | 0.46% | -0.42% | 0.12% | -0.58% | 0.66% | 3.18% |
| 2016 | 1.09% | 0.17% | 0.01% | 0.46% | -0.06% | 1.07% | 0.06% | -0.06% | -0.25% | -0.57% | -2.52% | 0.69% | 0.05% |
| 2015 | 1.56% | -0.91% | 0.23% | -0.35% | -0.23% | -0.11% | 0.52% | 0.23% | 0.60% | 0.23% | 0.12% | 0.33% | 2.22% |
| 2014 | 1.31% | 0.82% | -0.32% | 0.88% | 0.87% | -0.17% | 0.17% | 0.81% | -0.02% | 0.52% | 0.12% | 0.12% | 5.22% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of JMUNX is 23, meaning it’s performing worse than 77% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Johnson Municipal Income Fund (JMUNX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Johnson Municipal Income Fund provided a 3.28% dividend yield over the last twelve months, with an annual payout of $0.53 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.53 | $0.53 | $0.46 | $0.37 | $0.32 | $0.33 | $0.32 | $0.32 | $0.31 | $0.31 | $0.34 | $0.38 |
Dividend yield | 3.28% | 3.29% | 2.79% | 2.30% | 1.79% | 1.82% | 1.82% | 1.85% | 1.80% | 1.83% | 1.96% | 2.21% |
Monthly Dividends
The table displays the monthly dividend distributions for Johnson Municipal Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.14 | $0.53 |
| 2023 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.15 | $0.46 |
| 2022 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.37 |
| 2021 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.32 |
| 2020 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.33 |
| 2019 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.32 |
| 2018 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.32 |
| 2017 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.31 |
| 2016 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.31 |
| 2015 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.34 |
| 2014 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.38 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Johnson Municipal Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Johnson Municipal Income Fund was 13.23%, occurring on Oct 28, 2022. The portfolio has not yet recovered.
The current Johnson Municipal Income Fund drawdown is 2.30%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.23% | Jul 29, 2021 | 317 | Oct 28, 2022 | — | — | — |
| -11.03% | Mar 10, 2020 | 9 | Mar 20, 2020 | 81 | Jul 16, 2020 | 90 |
| -4.55% | May 16, 2012 | 2 | May 17, 2012 | 10 | Jun 1, 2012 | 12 |
| -4.52% | May 3, 2013 | 87 | Sep 5, 2013 | 120 | Feb 27, 2014 | 207 |
| -3.76% | Jul 11, 2016 | 102 | Dec 1, 2016 | 127 | Jun 6, 2017 | 229 |
Volatility
Volatility Chart
The current Johnson Municipal Income Fund volatility is 1.06%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.