JMST

JPMorgan Ultra-Short Municipal Income ETF
*Unless otherwise stated, data provided by FactSet.

JMST Fund Description

JMST is an actively managed portfolio of US municipal bonds with a weighted average maturity of 2 years or less.

JMST Factset Analytics Insight

JMST provides access to low-cost, low-risk income that’s exempt from federal taxes. The fund’s average maturity target—2 years or less—is lower than most competitors’, reducing interest rate risk and making JMST an attractive option for managing short-term assets. Credit risk is also limited as sub-investment-grade debt exposure is capped at 10% of the portfolio. Of course, less risk translates to lower yields than similar funds. JMST’s expense ratio is reasonable, particularly for active management, which helps keep costs down—but be sure to consider trading spreads when calculating round-trip expenses.

JMST Charts And Performance

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PERFORMANCE [as of 02/19/20] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
JMST 0.15% 0.51% 0.29% 2.08% -- -- --
JMST (NAV) 0.13% 0.49% 0.29% 2.04% -- -- --
No Underlying Index -- -- -- -- -- -- --
Bloomberg Barclays AMT-Free Short Continuous Municipal Index 0.31% 1.43% 1.01% 4.53% 2.82% 2.07% 2.34%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

JMST Summary Data

JPMorgan
10/16/18
Open-Ended Fund
0.18%
$197.07M
$2.73M
0.04%

JMST Portfolio Data

0.76
--
1.37%
02/28/20
1138

JMST Index Data

No Underlying Index
Proprietary
Proprietary
Bloomberg Barclays AMT-Free Short Continuous Municipal Index

JMST Portfolio Management

0.18%
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--
--

JMST Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

JMST Fund Structure

Open-Ended Fund
No
No
No Policy
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

JMST Factset Analytics Block Liquidity

As of 02/20/20
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of JMST. JMST is rated a N/A out of 5.

JMST Tradability

54,049
$2.73M
42,540
$2.15M
0.04%
$0.02
0.06%
0.13% / 0.00%
None
100.00%
50,000
0.85
0.02%
--
0
$50.53
N/A

JMST Sector/Industry Breakdown


JMST
Segment Benchmark
61.52%
--
36.58%
--
1.91%
--

JMST Top 10 Holdings[View All]

6.80%
2.79%
2.53%
2.13%
2.03%
1.77%
1.48%
1.23%
1.20%
1.08%
23.04%

JMST Top 5 Countries


JMST
Segment Benchmark
100.00%
--

JMST Top 5 Currencies


JMST
Segment Benchmark
100.00%
--

JMST Performance Statistics

0.51
0.21
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--
--

JMST Holdings Statistics

0.79 years
0.76
1.37%
0.76
Low
1138
0.32%

JMST Avg Life Maturity Distribution

75.41%
10.98%
6.35%
6.97%
0.28%
--
--
--
--

JMST OAS Breakdown

100.00%
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--
--
--
--
--
--
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