Fund Description
JPMorgan Municipal ETF invests primarily in a diversified portfolio of intermediate-term municipal bonds that are exempt from federal income taxes. The fund invests at least 80% of its assets in municipal securities, the income from which is exempt from federal income tax. The fund may invest in debt securities issued by governmental entities, certain issuers identified with the U.S. government and private issuers. It may invest in municipal mortgage-backed and asset-backed securities.
Fund Profile
Fund Name JPMorgan Municipal ETF
Fund Exchange Ticker JMUB
Fund Sponsor JPMorgan Chase
Fund ISIN US46641Q6474
Net Expense Ratio 0.24 %
Fund Inception Date 29 October 2018
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Municipal
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Municipal
Credit Quality Investment Grade Only
Average Maturity Intermediate (3-10) years
Bond Currency Denomination USD
Key Statistics
Return As of Date 18 January 2019
Asset Under Management 28.34 Million (USD)
1 Month Total Return 1.21 %
Year To Date Return 0.64 %
1 Year Total Return
3 Year Annualized Total Return
NAV 51.52
Share Outstanding 550,000
Top 10 Holdings (18 January 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
JPMORGAN INST VAR 12/49 BOND 0.0316000000
HAMPTON ROADS 5% 10/27 BOND 0.0199000000
WEST ALLIS WIS 4% 04/22 BOND 0.0178000000
KING CNTY WASH 5% 12/24 BOND 0.0144000000
TENNESSEE VAR 05/48 BOND 0.0141000000
MISSISSIPPI VAR 12/30 BOND 0.0141000000
NEW YORK N Y VAR 08/42 BOND 0.0141000000
CENTRAL PLAINS 5% 09/30 BOND 0.0131000000
MISSOURI ST 5% 12/26 BOND 0.0121000000
PALM BEACH CNTY 5% 11/32 BOND 0.0113000000