JMST
JPMorgan Ultra-Short Municipal Inc ETF
NAV as of
4 Week: 50.47 - 50.75
52 Week: 50.29 - 50.79
Latest Closing Price
50.68
Premium / Discount
-0.02
Expense Ratio
0.18%
Investment Objective
The investment 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 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.
Main Fund Characteristics
Performance
| Period | Performance Returns(%) | Volatility(%) | Risk Adjusted Performance |
|---|---|---|---|
| YTD | 0.29 | 0.08 | 3.56 |
| 1 Day | -0.06 | 0.00 | 0.00 |
| 1 Week | 0.10 | 0.14 | 0.69 |
| 1 Month | 0.40 | 0.39 | 1.02 |
| 3 Months | 0.32 | 0.69 | 0.46 |
| 6 Months | 0.24 | 0.90 | 0.26 |
| 1 Year | 0.20 | 1.27 | 0.16 |
| 2 Years | -0.63 | 1.66 | -0.38 |
| 3 Years | -0.63 | 1.72 | -0.37 |
| 5 Years | 0.97 | 3.11 | 0.31 |
| 10 Years | 0.00 | 0.00 | 0.00 |
Price History
Annual Performance Return
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
| Price (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 2.1493 | 2.0069 | 0.2775 | 0.1490 |
| Nav (%) | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 |
| Rank | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 0.0000 | 76.0000 | 59.0000 | 36.0000 | 13.0000 |
Dividend Frequency
Lastest Dividend
| Ex Date | Payment Date | Dividend Payout per unit |
|---|---|---|
| 31/10/2023 | 05/11/2023 | 0.1464 |
| 01/10/2023 | 04/10/2023 | 0.1445 |
| 31/08/2023 | 06/09/2023 | 0.1454 |
| 02/07/2023 | 06/07/2023 | 0.1351 |
| 31/05/2023 | 05/06/2023 | 0.1290 |
| 30/04/2023 | 03/05/2023 | 0.1227 |
| 02/04/2023 | 05/04/2023 | 0.1101 |
| 28/02/2023 | 05/03/2023 | 0.1198 |
| 31/01/2023 | 05/02/2023 | 0.1097 |
| 28/12/2022 | 03/01/2023 | 0.0905 |
Portfolio Data
Total Number of Holdings: 2083
Number of Bond Holdings: 1693
Number of Equity Holdings: 0
Total Market Value: 2,523,740,945
Portfolio Composition
Top 10 Holdings
| % Portfolio Weight | Shares Owned | Shares Changed | Market Value | ||
|---|---|---|---|---|---|
| 1 | TEXAS ST 1.21% | 2.2710 | 3,000,000 | 0 | 3,000,000 |
| 2 | WILLOUGHBY OHIO 2.5% | 1.8013 | 2,365,000 | 0 | 2,379,616 |
| 3 | FLORIDA ST DEPT ENVIRONMENTAL PROTN PRESERVATION R | 1.7600 | 2,325,000 | 0 | 2,325,000 |
| 4 | TENDER OPT BD TR RCPTS / CTFS VAR STS 1.28% | 1.5140 | 2,000,000 | 0 | 2,000,000 |
| 5 | FRELINGHUYSEN TWP NJ 2.5% | 1.5008 | 1,971,471 | 0 | 1,982,551 |
| 6 | DERUYTER N Y CENT SCH DIST 2.25% | 1.4196 | 1,862,800 | 0 | 1,875,262 |
| 7 | METROPOLITAN GOVT NASHVILLE & DAVIDSON CNTY TENN H | 1.3839 | 1,825,000 | 0 | 1,828,121 |
| 8 | NEW HAMPSHIRE HEALTH & ED FACS AUTH REV 1.1% | 1.3626 | 1,800,000 | 0 | 1,800,000 |
| 9 | NEW YORK N Y 1.11% | 1.2869 | 1,700,000 | 0 | 1,700,000 |
| 10 | PENNSYLVANIA ST TPK COMMN TPK REV 1.1% | 1.2452 | 1,645,000 | 0 | 1,645,000 |
Country Exposure
Regional Exposure
America
Greater Europe
Greater Asia
Market Classification
Market Capitalization
| Size | % of portfolio |
|---|---|
| Giant | 0.00 |
| Large | 0.00 |
| Medium | 0.00 |
| Small | 0.00 |
| Micro | 0.00 |
Equity Style Box Breakdown
| 0 | 0 | 0 | Large |
| 0 | 0 | 0 | Mid |
| 0 | 0 | 0 | Small |
| Value | Blend | Growth |
Value Measures
Price/Prospective Earnings*
0.0000
Price/Book*
0.0000
Price/Sales*
0.0000
Price/Cash Flow*
0.0000
Dividend Yield*
0.0000
Growth Measures
Long-Term Earnings
0.0000
Historical Earnings
0.0000
Sales Growth
0.0000
Cash-Flow Growth
0.0000
Book-Value Growth
0.0000
*Forward-looking based on historical data.
Equity Sector
Number of Bond Holdings
1693
Bond Statitics
| Detail | Value |
|---|---|
| Average Effective Duration | 0.73 |
| Average Effective Maturity (Years)* | 0.97 |
| Average Credit Quality | 9.00 |
| Average Weighted Coupon* | 4.30 |
| Average Weighted Price* | 100.14 |
Bond Style Box Breakdown
| 0 | 0 | 0 | High | Quality |
| 0 | 0 | 0 | Med | |
| 0 | 0 | 0 | Low | |
| Ltd | Mod | Ext | ||
| Interest-Rate Sensitivity | ||||
Credit Quality
| Type | % Bonds |
|---|---|
| AAA | 13.76 |
| AA | 43.90 |
| A | 20.19 |
| BBB | 2.46 |
| BB | 0.25 |
| B | 0.00 |
| Below B | 0.00 |
| Not Rated | 19.44 |
Bond Sector
Bond Maturity
| % Bonds | |
|---|---|
| 1 to 3 Years | 10.16 |
| 3 to 5 Years | 6.93 |
| 5 to 7 Years | 1.40 |
| 7 to 10 Years | 2.95 |
| 10 to 15 Years | 7.65 |
| 15 to 20 Years | 7.57 |
| 20 to 30 Years | 20.14 |
| Over 30 Years | 3.34 |
| 1 to 7 Days | 0.00 |
| 8 to 30 Days | 0.00 |
| 31 to 90 Days | 0.00 |
| 91 to 182 Days | 6.98 |
| 183 to 364 Days | 20.95 |
Data Source: Morningstar
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