JPMorgan Short-Intermediate Municipal Bond Fund (OSTAX)
The investment seeks as high a level of current income exempt from federal income tax as is consistent with relative stability of principal. The fund normally invests at least 80% of its net assets in municipal bonds, the income from which is exempt from federal income tax. It invests in a portfolio of municipal bonds with an average weighted maturity of one to five years. The fund also invests in municipal mortgage-backed and asset-backed securities, as well as auction rate securities and restricted securities. It may invest a significant portion or all of its assets in municipal mortgage-backed securities at the adviser's discretion.
Fund Info
US4812C13489
4812C1348
May 3, 1998
$1,000
Expense Ratio
OSTAX has an expense ratio of 0.87%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
JPMorgan Short-Intermediate Municipal Bond Fund (OSTAX) returned 0.89% year-to-date (YTD) and 3.42% over the past 12 months. Over the past 10 years, OSTAX returned 1.06% annually, underperforming the S&P 500 benchmark at 10.84%.
OSTAX
0.89%
0.50%
0.60%
3.42%
1.87%
0.36%
1.06%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of OSTAX, 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 | 0.52% | 0.61% | -0.28% | -0.27% | 0.30% | 0.89% | |||||||
| 2024 | -0.19% | 0.10% | -0.10% | -0.48% | -0.18% | 0.81% | 0.81% | 0.90% | 0.51% | -0.67% | 0.52% | -0.38% | 1.65% |
| 2023 | 1.72% | -1.72% | 1.62% | -0.33% | -0.75% | 0.56% | 0.15% | -0.43% | -1.40% | -0.22% | 2.74% | 1.27% | 3.15% |
| 2022 | -2.15% | -0.37% | -2.10% | -1.65% | 1.11% | -0.58% | 1.70% | -1.47% | -2.36% | -0.27% | 2.57% | 0.33% | -5.26% |
| 2021 | 0.28% | -1.10% | 0.28% | 0.48% | -0.02% | -0.01% | 0.54% | -0.19% | -0.56% | -0.30% | 0.36% | -0.01% | -0.26% |
| 2020 | 1.05% | 0.68% | -2.27% | -0.53% | 2.29% | 0.19% | 1.02% | -0.28% | 0.10% | -0.18% | 0.64% | 0.35% | 3.03% |
| 2019 | 0.61% | 0.33% | 0.79% | 0.05% | 0.89% | 0.24% | 0.70% | 0.68% | -0.70% | 0.31% | 0.12% | 0.21% | 4.30% |
| 2018 | -0.52% | -0.26% | 0.12% | -0.25% | 0.71% | 0.13% | 0.21% | 0.03% | -0.51% | -0.18% | 0.63% | 0.71% | 0.81% |
| 2017 | 0.46% | 0.49% | -0.01% | 0.47% | 0.73% | -0.19% | 0.37% | 0.36% | -0.39% | -0.01% | -0.74% | 0.47% | 2.02% |
| 2016 | 0.82% | 0.06% | -0.10% | 0.36% | -0.20% | 0.81% | 0.17% | -0.03% | -0.31% | -0.57% | -2.28% | 0.52% | -0.77% |
| 2015 | 0.99% | -0.71% | -0.07% | -0.24% | -0.23% | -0.03% | 0.34% | 0.08% | 0.44% | 0.17% | -0.04% | 0.26% | 0.97% |
| 2014 | 0.52% | 0.43% | -0.53% | 0.33% | 0.32% | -0.06% | 0.05% | 0.42% | -0.23% | 0.25% | -0.14% | -0.04% | 1.32% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 83, OSTAX is among the top 17% of 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 JPMorgan Short-Intermediate Municipal Bond Fund (OSTAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
JPMorgan Short-Intermediate Municipal Bond Fund provided a 2.37% dividend yield over the last twelve months, with an annual payout of $0.24 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 | $0.24 | $0.26 | $0.19 | $0.13 | $0.11 | $0.13 | $0.17 | $0.16 | $0.11 | $0.15 | $0.07 | $0.06 |
Dividend yield | 2.37% | 2.53% | 1.89% | 1.33% | 1.04% | 1.21% | 1.55% | 1.57% | 1.05% | 1.44% | 0.68% | 0.56% |
Monthly Dividends
The table displays the monthly dividend distributions for JPMorgan Short-Intermediate Municipal Bond 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 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.09 | |||||||
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.26 |
| 2023 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.19 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.13 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.11 |
| 2020 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.13 |
| 2019 | $0.01 | $0.02 | $0.01 | $0.02 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.17 |
| 2018 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.01 | $0.16 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.11 |
| 2016 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.06 | $0.15 |
| 2015 | $0.01 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.07 |
| 2014 | $0.01 | $0.01 | $0.00 | $0.01 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.06 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the JPMorgan Short-Intermediate Municipal Bond 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 JPMorgan Short-Intermediate Municipal Bond Fund was 9.34%, occurring on Oct 25, 2022. The portfolio has not yet recovered.
The current JPMorgan Short-Intermediate Municipal Bond Fund drawdown is 1.18%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -9.34% | Jan 25, 2021 | 443 | Oct 25, 2022 | — | — | — |
| -8.24% | Mar 10, 2020 | 9 | Mar 20, 2020 | 92 | Jul 31, 2020 | 101 |
| -3.44% | Aug 26, 2016 | 68 | Dec 1, 2016 | 193 | Sep 8, 2017 | 261 |
| -2.8% | Mar 12, 2004 | 44 | May 13, 2004 | 268 | Jun 7, 2005 | 312 |
| -2.7% | Sep 16, 2008 | 23 | Oct 16, 2008 | 55 | Jan 6, 2009 | 78 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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