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%
#763 of 5,853 · low cost
Fund Size
$6.7B
#379 of 5,853 · large
Dividend YieldGoal
2.65%
Track Record
7 years
#1,792 of 5,853 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,244+2.4%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 20.4% of fund✓ well diversified
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
89.5%
Cash
10.5%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
0.6%Low
Year-on-year price swings
Max drawdown
-2.3%Mild
Worst peak-to-trough loss
Sharpe (3Y)
-0.53Below average
Sortino (3Y)
-0.72Moderate downside risk
Bond profile
Duration
4.0 years
Avg maturity
10.2 years
Credit ratings
AAA
9.3%
AA
63.8%
A
11.3%
BBB
0.4%
BB
0.1%
Other
15.0%
Listing
- Exchange
- NYSE Arca, Cboe BZX
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 2026-08-02