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
What's in the fund
Exposure type
Municipal
Mutual fund
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
JMUB trades at 49.29 USD today, its price has fallen −0.42% in the past 24 hours. Track more dynamics on JMUB price chart.
JMUB net asset value is 49.18 today — it's risen 0.98% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
JMUB assets under management is 2.84 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
JMUB price has risen by 0.06% over the last month, and its yearly performance shows a −2.04% decrease. See more dynamics on JMUB price chart.
NAV returns, another gauge of an ETF dynamics, showed a −1.60% decrease in three-month performance and has increased by 1.21% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −1.60% decrease in three-month performance and has increased by 1.21% in a year.
JMUB fund flows account for 1.48 B USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
JMUB invests in bonds. See more details in our Analysis section.
JMUB expense ratio is 0.18%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, JMUB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, JMUB technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating JMUB shows the strong sell signal. See more of JMUB technicals for a more comprehensive analysis.
Today, JMUB technical analysis shows the sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating JMUB shows the strong sell signal. See more of JMUB technicals for a more comprehensive analysis.
Yes, JMUB pays dividends to its holders with the dividend yield of 3.54%.
JMUB trades at a premium (0.21%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
JMUB shares are issued by JPMorgan Chase & Co.
JMUB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 29, 2018.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.