10/27/2025 | Press release | Distributed by Public on 10/27/2025 09:33
JPMORGAN TRUST I
J.P. Morgan Municipal Bond Funds
JPMorgan National Municipal Income Fund
(All Share Classes)
(the "Fund")
Supplement dated October 27, 2025
to the current Summary Prospectuses and Prospectuses, as supplemented
Effective as of the close of business on October 24, 2025, the assets of the Fund were transferred to JPMorgan Municipal ETF (the "Acquiring Fund"), a series of J.P. Morgan Exchange-Traded Fund Trust, in a tax-free reorganization, and shareholders of the Fund became shareholders of the Acquiring Fund.
As a result, the Fund is no longer offered for investment, and all references to the Fund in the Prospectuses and the Statement of Additional Information are removed.
INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH THE
SUMMARY PROSPECTUSES, PROSPECTUSES AND STATEMENTS OF ADDITIONAL
INFORMATION FOR FUTURE REFERENCE
SUP-MUNI-MF-1025