Key stats
About JPMorgan Ultra-Short Municipal Income ETF
Expense ratio
0.18%
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Inception date
Oct 16, 2018
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
What's in the fund
Exposure type
Municipal
Stocks1.56%
Commercial Services0.46%
Producer Manufacturing0.45%
Consumer Non-Durables0.34%
0.31%
Bonds, Cash & Other98.44%
Municipal88.66%
Mutual fund6.24%
Corporate1.98%
Government1.20%
Securitized0.35%
Cash0.00%
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