Key stats
About JPMorgan Ultra-Short Municipal Income ETF
Home page
Inception date
Oct 16, 2018
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
JPMorgan Investment Management, Inc.
Distributor
JPMorgan Distribution Services, Inc.
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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Stocks0.48%
Consumer Non-Durables0.27%
0.20%
Process Industries0.00%
Bonds, Cash & Other99.52%
Municipal89.86%
Mutual fund6.70%
Corporate1.70%
Government0.97%
Securitized0.28%
Cash0.01%
Stock breakdown by region
North America69.20%
Asia30.80%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history