JPMorgan Ultra-Short Municipal Income ETFJPMorgan Ultra-Short Municipal Income ETFJPMorgan Ultra-Short Municipal Income ETF

JPMorgan Ultra-Short Municipal Income ETF

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Key stats


Assets under management (AUM)
‪2.98 B‬USD
Fund flows (1Y)
‪383.72 M‬USD
Dividend yield (indicated)
3.34%
Discount/Premium to NAV
0.06%

About JPMorgan Ultra-Short Municipal Income ETF


Issuer
JPMorgan Chase & Co.
Brand
JPMorgan
Expense ratio
0.18%
Inception date
Oct 16, 2018
Index tracked
No Underlying Index
Management style
Active
JMST provides access to municipal bonds that are exempt from federal taxes. The funds average maturity target of two years or less is lower than many of its competitors, reducing interest rate risk and making JMST an option for managing short-term assets. Credit risk is also limited as high-yield debt exposure is capped at 10% of the portfolio. The fund makes investment decisions based on its assessment of individual securities and their market sectors, risk/reward analyses, and using certain ESG factors. As an actively managed fund, the fund may make investment decisions at their own discretion.

Classification


Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Investment grade
Niche
Short-term
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of December 19, 2024
Exposure type
StocksBonds, Cash & Other
Municipal
Stocks0.57%
Consumer Non-Durables0.33%
0.24%
Bonds, Cash & Other99.43%
Municipal88.92%
Mutual fund7.35%
Corporate1.66%
Government1.16%
Securitized0.34%
Cash−0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows