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ALL
AUM
$6.35B
P/E ratio
--
Dividend yield
2.7159%
Expense ratio
0.18%
Beta
0.029591
Previous close
$50.96
Today's open
$50.87
Day's range
$50.83 - $51.03
52 week range
$50.71 - $51.13
Bonds
Domestic
Municipal
14.45%
Will 2026 be a Year of Muni Bond ETFs?
Muni bond ETFs may shine in 2026 as attractive yields, solid credit quality and easing policy risks boost investor appeal.
Zacks Investment Research • May 13, 2026

J.P. Morgan to Transfer 14 ETFs From Current Exchanges
NEW YORK, March 27, 2026 /PRNewswire/ -- J.P. Morgan Asset Management today announced the upcoming exchange listing transfer of 14 ETFs from their current exchanges including the NASDAQ Stock Market LLC, NYSE Arca, Inc., and Cboe BZX Exchange, Inc. As of the exchange opening on April 16, 2026, the listing exchange for each fund will be changed per the following.
PRNewsWire • Mar 27, 2026

JMST: Short-Term Muni Bond ETF With Low, Uncompetitive Yield
JPMorgan Ultra-Short Municipal Income ETF is an active ETF focusing on short-term muni bonds. It has a tax-advantaged 2.0% yield to maturity. Income is quite low, even after accounting for potential tax advantages. JMST compares unfavorably to several of its peers on most important metrics too. It's a weak fund with a weak investment thesis.
Seeking Alpha • Mar 16, 2026

JMST: Good Attempt, Perfectly Sensible, But There Are Better Alternatives
JMST offers low-risk, tax-free income from short-term investment-grade municipal bonds, but yields are notably lower than alternatives. The fund's construction is sound—minimizing interest rate and credit risk—yet its conservative approach results in underwhelming returns. Other short-term muni funds, like SHYM, achieve higher yields by including unrated bonds, which historically have low default rates.
Seeking Alpha • Aug 21, 2025

Investors Turn to Actively Managed Bond ETFs in March
Tariff mayhem continues to cause volatility in markets as investors attempt to make sense of continuous changes. In a tumultuous environment, investors increasingly turned to actively managed bond ETFs this year according to JPMAM research.
ETF Trends • Apr 14, 2025

JMST: Ultra-Short Muni Bond ETF, Tax-Advantaged 3.2% Yield
JMST is an actively managed ETF focusing on short-term and variable-rate municipal bonds. It is slightly riskier, and slightly more volatile than t-bills. It has a tax-advantaged 3.3% yield. Income seems weak, even accounting for any potential tax benefits.
Seeking Alpha • Mar 26, 2025

Municipal Bond Funds: Time To Shine Or Curtain Call?
Municipal bonds are back to offer compelling risk-adjusted opportunities, but future decisions from Washington can either act as a tailwind or headwind. Municipal bond funds saw net inflows during 2024, first annual inflow since 2021—which was a record year. 2024 was a record year in municipal bond issuance. With attractive yields, the market may start to pay more attention to tax-equivalent yield advantages offered through municipal debt.
Seeking Alpha • Mar 13, 2025

Municipal Fixed Income: Shelter From The Storm?
Specific to the muni market, perhaps the biggest surprise this year has been new issue supply that is running well ahead of expectations, up roughly 40% from last year. We think this increased summer issuance is likely the result of deals getting pulled forward, as issuers may be cautious about coming to market later in the fall ahead of what is likely to be an uncertain U.S. political climate. While municipal credit quality has already peaked, it is entering this period of moderating economic growth from a position of strength.
Seeking Alpha • Aug 26, 2024

Growing Supply of Active Municipal Bond ETFs
Actively managed ETFs continued to gain traction in July with $24 billion of net inflows. This represented 19% of the industry's net inflows, which remains impressive given the 7% share of the assets.
ETF Trends • Aug 12, 2024

Siblings of Popular Active Bond ETFs
Actively managed ETFs continue to remain popular. In the first seven months of 2024, these funds gathered 25% of the industry's net inflows.
ETF Trends • Aug 8, 2024

¹ Disclosures

Open an M1 investment account to buy and sell JPMorgan Ultra-Short Municipal Income ETF commission-free¹. Build wealth for the long term using automated trading and transfers.