JMHIHigh Yield Municipal Etf Fund

Get income18y track recordRanked #462 of 1,622 in this goal

Seeks a high level of current income exempt from federal income taxes.

By JPMorgan · Launched 2007

Annual Cost

0.35%

#1,706 of 5,562 · low cost

Fund Size

$279M

#2,006 of 5,562 · mid-size

Dividend YieldGoal

4.58%

Track Record

18 years

#520 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,660+6.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 21.0% of fund✓ well diversified

JPMorgan Institutional Tax Free Money Market Fund

9.6%

City of New York NY

1.6%

Public Finance Authority

1.5%

Black Belt Energy Gas District

1.3%

Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue

1.2%

Public Finance Authority

1.2%

Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue

1.2%

Golden State Tobacco Securitization Corp.

1.1%

State of Illinois

1.1%

City of Detroit MI

1.1%

Asset allocation

Bonds

90.7%

Cash

9.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.2%Low

Year-on-year price swings

Max drawdown

-7.1%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Duration

5.0 years

Avg maturity

9.6 years

Credit ratings

US Government

0.0%

AAA

11.2%

17.4%

21.1%

BBB

20.1%

9.2%

0.5%

Below B

0.3%

Other

20.4%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks a high level of current income exempt from federal income taxes.
Strategy: Invests primarily in municipal securities exempt from federal income tax, including high yield and below investment grade bonds. May also invest in ETFs and U.S. Treasury obligations.
Inception date: September 17, 2007
Fund family: JPMorgan