JPMorgan Municipal ETFJPMorgan Municipal ETFJPMorgan Municipal ETF

JPMorgan Municipal ETF

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Key stats

Assets under management (AUM)
‪1.37 B‬USD
Fund flows (1Y)
‪937.84 M‬USD
Dividend yield (indicated)
3.35%
Discount/Premium to NAV
0.3%

About JPMorgan Municipal ETF

Issuer
JPMorgan Chase & Co.
Brand
JPMorgan
Expense ratio
0.18%
Inception date
Oct 29, 2018
Index tracked
No Underlying Index
Management style
Active
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

Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Investment grade
Niche
Intermediate
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of May 2, 2024
Exposure type
StocksBonds, Cash & Other
Municipal
Mutual fund
Stocks0.27%
Electronic Technology0.27%
Bonds, Cash & Other99.73%
Municipal86.67%
Mutual fund11.14%
Corporate1.06%
Government0.65%
Securitized0.08%
Miscellaneous0.08%
Cash0.06%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows