JMSTJPMorgan Ultra-Short Municipal Income ETF
Seeks high current income exempt from federal income tax with relative stability of principal.
By JPMorgan · Launched 2018
Annual Cost
0.18%
#794 of 6,040 · low cost
Fund Size
$7.4B
#361 of 6,040 · large
Return (1Y)
+2.1%
Track Record
7 years
#1,806 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,205+2.1%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 20.4% of funddiversified
JPMorgan Institutional Tax Free Money Market Fund
13.3%
New York City Municipal Water Finance Authority
1.1%
State of Washington
0.9%
State of Minnesota
0.8%
Triborough Bridge & Tunnel Authority
0.8%
Township of Woodbridge NJ
0.7%
Maryland Health & Higher Educational Facilities Authority
0.7%
Tarrant County Cultural Education Facilities Finance Corp.
0.7%
County of Hamilton OH Sales Tax Revenue
0.7%
Massachusetts Development Finance Agency
0.6%
Asset allocation
Bonds
80.8%
Cash
19.3%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
0.7%Low
Year-on-year price swings
Max drawdown
-2.3%Mild
Worst peak-to-trough loss
Sharpe (3Y)
-0.93Below average
Sortino (3Y)
-1.23Moderate downside risk
Bond profile
Duration
4.0 years
Avg maturity
10.2 years
Credit ratings
US Government
1.0%
AAA
12.9%
AA
62.0%
A
10.6%
BBB
0.3%
BB
0.1%
Other
14.2%
Listing
- Exchange
- Cboe BZX, NYSE Arca
Full fund details
- Objective
- Seeks high current income exempt from federal income tax with relative stability of principal.
- Strategy
- Invests primarily in municipal securities, aiming for current income while maintaining a weighted average maturity of two years or less. At least 80% of assets are in securities exempt from federal income tax, focusing on investment-grade quality.
- Inception date
- October 16, 2018
- Fund family
- JPMorgan
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Data updated on 2026-09-18