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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Mutual fund
Stocks0.13%
Electronic Technology0.09%
Consumer Services0.04%
Bonds, Cash & Other99.87%
Municipal86.48%
Mutual fund11.69%
Corporate0.92%
Government0.53%
Securitized0.20%
Miscellaneous0.03%
Cash0.01%
Stock breakdown by region
Europe51.34%
North America25.69%
Asia22.98%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
JMUB invests in bonds. The fund's major sectors are Municipal, with 86.48% stocks, and Corporate, with 0.92% of the basket. The assets are mostly located in the N/A region.
JMUB last dividends amounted to 0.15 USD. The month before, the issuer paid 0.15 USD in dividends, which shows a 1.99% increase.
JMUB assets under management is 2.84 B USD. It's risen 8.94% over the last month.
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.
Yes, JMUB pays dividends to its holders with the dividend yield of 3.54%. The last dividend (May 5, 2025) amounted to 0.15 USD. The dividends are paid monthly.
JMUB shares are issued by JPMorgan Chase & Co. under the brand JPMorgan. The ETF was launched on Oct 29, 2018, and its management style is Active.
JMUB expense ratio is 0.18% meaning you'd have to pay 0.18% of your investment to help manage the fund.
JMUB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
JMUB invests in bonds.
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 trades at a premium (0.21%) meaning the ETF is trading at a higher price than the calculated NAV.