JPMorgan Ultra-Short Municipal Fund Class A (USMSX)
| Fund Assets | 1.88B |
| Expense Ratio | 0.45% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 2.68% |
| Dividend Growth | -2.68% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 26, 2025 |
| Previous Close | 10.25 |
| YTD Return | 1.13% |
| 1-Year Return | 2.73% |
| 5-Year Return | 6.78% |
| 52-Week Low | 9.97 |
| 52-Week High | 10.04 |
| Beta (5Y) | n/a |
| Holdings | 1359 |
| Inception Date | Aug 31, 2016 |
About USMSX
USMSX was founded on 2016-08-31 and is currently managed by Taormina,Ahn. The Fund's investment strategy focuses on Short Muni Debt with 0.44% total expense ratio. The minimum amount to invest in JPMorgan Trust IV: JPMorgan Ultra-Short Municipal Fund; Class A Shares is $1,000 on a standard taxable account. JPMorgan Trust IV: JPMorgan Ultra-Short Municipal Fund; Class A Shares 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 will primarily invests at least 80% of its assets in municipal securities with an average weighted maturity of two years or less.
Performance
USMSX had a total return of 2.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.26%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FMNHX | Fidelity | Fidelity Advisor Cnsv Inc Muni Bd Z | 0.25% |
| VWSTX | Vanguard | Vanguard Ultra Short-Term Tax-Exempt Fund | 0.17% |
| FCRDX | Fidelity | Fidelity® Conservative Income Municipal Bond Fund | 0.35% |
| FMNGX | Fidelity | Fidelity Advisor Cnsv Inc Muni Bd I | 0.25% |
| FMNFX | Fidelity | Fidelity Advisor Cnsv Inc Muni Bd A | 0.25% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| USMTX | Class I | 0.25% |
Top 10 Holdings
14.57% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Institutional Tax Free Money Market Fund | JOAXX | 3.74% |
| PENNSYLVANIA ST TPK COMMN TPK REV 3.62% | PA.PASTRN 12.01.2039 | 1.57% |
| RIB FLOATER TR VARIOUS STS 2.53% | MI.TENGEN 03.01.2058 | 1.41% |
| ROANOKE VA INDL DEV AUTH HOSP REV 3.67% | VA.ROAMED 07.01.2036 | 1.35% |
| BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4.3212% | AL.BBEUTL 07.01.2052 | 1.15% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 2.6% | NY.NYCGEN 08.01.2042 | 1.12% |
| LONG IS PWR AUTH N Y ELEC SYS REV 1% | NY.LSLPWR 1 09.01.2025 | 1.11% |
| SOUTHCENTRAL PA GEN AUTH REV 2.7% | PA.SCAGEN 06.01.2035 | 1.06% |
| ILLINOIS FIN AUTH REV 5% | IL.ILSGEN 5 10.01.2046 | 1.04% |
| LOUISIANA ST GAS & FUELS TAX REV 4.5% | LA.LASGEN 4.5 05.01.2039 | 1.03% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 26, 2025 | $0.02251 | Jun 27, 2025 |
| May 28, 2025 | $0.02145 | May 29, 2025 |
| Apr 28, 2025 | $0.02491 | Apr 29, 2025 |
| Mar 27, 2025 | $0.02271 | Mar 28, 2025 |
| Feb 26, 2025 | $0.02266 | Feb 27, 2025 |
| Jan 29, 2025 | $0.02323 | Jan 30, 2025 |