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JMST - JPMorgan Ultra-Short Municipal ETF

Stock Price: $51.08 USD 0.02 (0.04%)
Updated Apr 20, 2021 4:00 PM EDT - Market closed
Assets $1.63B
NAV $51.05
Expense Ratio 0.18%
PE Ratio n/a
Beta (5Y) 0.01
Dividend (ttm) $0.31
Dividend Yield 0.61%
Ex-Dividend Date Apr 1, 2021
1-Year Return -
Trading Day April 20
Last Price $51.08
Previous Close $51.06
Change ($) 0.02
Change (%) 0.04%
Day's Open 51.06
Day's Range 51.06 - 51.09
Day's Volume 300,163
52-Week Range 50.23 - 51.93

Fund Description

The investment seeks as high a level of current income exempt from federal income tax as is consistent with relative stability of principal. Under normal circumstances, the fund invests at least 80% of its Assets in municipal securities, the income from which is exempt from federal income tax. For purposes of this policy, Assets means net assets, plus the amount of borrowings for investment purposes. Up to 100% of the fund's assets may be invested in short-term municipal instruments such as variable rate demand notes, short-term municipal notes and tax-exempt commercial paper.

Asset Class
Fixed Income
Inception Date
Oct 16, 2018
Exchange
BATS
Ticker Symbol
JMST
Index Tracked
Bloomberg Barclays 1 Year Municipal Bond Index

Top 10 Holdings

19.29% of assets
NameSymbolWeight
JPMORGAN INSTITUTIONAL TAn/a10.84%
NEW YORK N Y VAR 06/51n/a1.36%
TEXAS ST VAR 06/45n/a1.14%
COLORADO VAR 11/41n/a0.94%
JEA FLA WTR & VAR 10/38n/a0.91%
ORLANDO FLA VAR 10/39n/a0.91%
SEVIER CNTY VAR 06/32n/a0.87%
PENNSYLVANIA ST VAR 12/38n/a0.85%
VENTNOR CITY N J 2% 07/21n/a0.77%
TEXAS ST VAR 06/43n/a0.70%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Apr 1, 2021$0.01086Apr 7, 2021
Mar 1, 2021$0.02074Mar 4, 2021
Feb 1, 2021$0.01187Feb 4, 2021
Dec 30, 2020$0.01789Jan 5, 2021
Dec 1, 2020$0.02186Dec 4, 2020
Nov 2, 2020$0.02017Nov 5, 2020
Full Dividend History

News

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Fixed-income investors can consider an opportunity to access tax-exempt income while actively managing credit and duration exposures through a short duration municipal bond exchange traded fund strategy...

5 months ago - ETF Trends

By J.P Morgan Asset Management As investors grapple with the ongoing impacts of COVID-19, we’re seeing more appetite for yield but less stomach for risk. With rates down and volatility up, the Ultra-Sho...

6 months ago - ETF Trends

By J.P. Morgan Asset Management On one end of the income spectrum are cash instruments with low yields. On the other end are bonds with long durations.

Other tickers mentioned: JPST
8 months ago - ETF Trends

As we consider ways to diversify a fixed-income portfolio, an investor may look to an actively managed municipal bond exchange traded fund backed by comprehensive risk/reward analysis to identify securi...

9 months ago - ETF Trends