Key stats
About JPMorgan Municipal ETF
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Inception date
Oct 29, 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.
JMUB focuses on investment-grade, intermediate-maturity municipal bonds. The funds active manager takes a long-term approach that it expects to perform well over a full market cycle. It is worth noting the fund is allowed to hold up to 10% of assets in securities rated below investment grade. In the case where there are not enough municipal securities available to meet the funds needs, the fund may invest in repurchase agreements or US Treasury securities, which may be subject to federal taxes. JMUBs weighted average maturity will generally be within 3 and 12 years.
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
Mutual fund
Stocks0.22%
Consumer Services0.12%
Electronic Technology0.10%
Bonds, Cash & Other99.78%
Municipal87.92%
Mutual fund10.30%
Corporate0.74%
Government0.56%
Securitized0.22%
Miscellaneous0.04%
Cash0.02%
Stock breakdown by region
Asia45.52%
Europe36.35%
North America18.13%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history