JPMorgan Ultra-Short Municipal ETF (JMST)
| Assets | $3.41B |
| NAV | $50.63 |
| Expense Ratio | 0.18% |
| PE Ratio | n/a |
| Shares Out | 67.35M |
| Dividend (ttm) | $0.14 |
| Dividend Yield | 0.28% |
| Ex-Dividend Date | May 2, 2022 |
| 1-Year Return | -0.80% |
| Volume | 397,912 |
| Open | 50.70 |
| Previous Close | 50.60 |
| Day's Range | 50.60 - 50.66 |
| 52-Week Low | 50.67 |
| 52-Week High | 51.15 |
| Beta | 0.01 |
| Holdings | 11687 |
| Inception Date | Oct 16, 2018 |
About JMST
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.
Top 10 Holdings
18.29% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMORGAN INSTITUTIONAL TA | N/A | 6.24% |
| ALBANY N Y 2.5% 03/23 | N/A | 2.46% |
| NEW YORK N Y VAR 06/51 | N/A | 1.44% |
| MINNESOTA MUN FLT 12/52 | N/A | 1.36% |
| ST LUCIE CNTY VAR 09/28 | N/A | 1.32% |
| GARDEN CITY N Y 2% 02/23 | N/A | 1.29% |
| BLACK BELT VAR 12/49 | N/A | 1.18% |
| PENNSYLVANIA ST VAR 12/50 | N/A | 1.15% |
| RIDGEWOOD N J 1.5% 01/23 | N/A | 0.99% |
| FRANKLIN CNTY VAR 05/53 | N/A | 0.86% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 2, 2022 | $0.02853 | May 5, 2022 |
| Apr 1, 2022 | $0.01187 | Apr 6, 2022 |
| Mar 1, 2022 | $0.01573 | Mar 4, 2022 |
| Feb 1, 2022 | $0.00986 | Feb 4, 2022 |
| Dec 30, 2021 | $0.0135 | Jan 4, 2022 |
| Dec 1, 2021 | $0.01146 | Dec 6, 2021 |
News
Take an Active ETF Approach to Navigate the Municipal Bond Market
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...
Why JMST: Solve income challenges with an ultra-short municipal bond ETF
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...
Why Invest in Ultra-Short, Active Strategies in Today’s Markets
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.
A Muni ETF for Tax-Exempt Income, Improved Risk Management
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...