Jpmorgan Ultra Short Municipal Etf Profile

JMST Etf  USD 50.83  0.02  0.04%   

Performance

Very Strong

 
Weak
 
Strong

Odds Of Distress

Low

 
High
 
Low
JPMorgan Ultra is selling for under 50.83 as of the 25th of March 2025; that is 0.04 percent decrease since the beginning of the trading day. The etf's last reported lowest price was 50.83. JPMorgan Ultra has less than a 9 % chance of experiencing financial distress in the next few years and had a very strong performance during the last 90 days. The performance scores are derived for the period starting the 25th of December 2024 and ending today, the 25th of March 2025. Click here to learn more.
Under normal circumstances, the fund invests at least 80 percent of its assets in municipal securities, the income from which is exempt from federal income tax. JPM Ultra-Short is traded on BATS Exchange in the United States. More on JPMorgan Ultra Short Municipal

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JPMorgan Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationMunicipals ETFs, Investment Grade ETFs, Muni National Short, JPMorgan (View all Sectors)
IssuerJPMorgan
Inception Date2018-10-16
BenchmarkNot Applicable
Entity TypeRegulated Investment Company
Asset Under Management3.54 Billion
Average Trading Valume543,299.9
Asset TypeFixed Income
CategoryMunicipals
FocusInvestment Grade
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorJ.P. Morgan Investment Management Inc.
AdvisorJPMIM
CustodianJPMorgan Chase Bank, N.A.
DistributorJPMorgan Distribution Services, Inc.
Portfolio ManagerRichard Taormina, Curtis White, Josh Brunner
Transfer AgentJPMorgan Chase Bank, N.A.
Fiscal Year End31-Dec
ExchangeCboe BZX Exchange, Inc.
Number of Constituents2,250
Market MakerJane Street
Total Expense0.18
Management Fee0.18
Country NameUSA
Returns Y T D0.73
NameJPMorgan Ultra-Short Municipal
Currency CodeUSD
Open FigiBBG00M8D23F9
In Threey Volatility0.87
1y Volatility0.48
200 Day M A50.8036
50 Day M A50.8208
CodeJMST
Updated At23rd of March 2025
Currency NameUS Dollar
JPMorgan Ultra Short Municipal [JMST] is traded in USA and was established 2018-10-16. The fund is listed under Muni National Short category and is part of JPMorgan family. The entity is thematically classified as Municipals ETFs. JPMorgan Ultra Short currently have 2.88 B in assets under management (AUM). , while the total return for the last 3 years was 2.7%.
Check JPMorgan Ultra Probability Of Bankruptcy

Top JPMorgan Ultra Short Municipal Etf Constituents

JOAXXJpmorgan Trust IvMoney Market FundUS Money Market Fund
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JPMorgan Ultra Top Holders

PTBCXTax Exempt Bond FundMutual FundMuni National Interm
PITEXTax Exempt Bond FundMutual FundMuni National Interm
PTEAXTax Exempt Bond FundMutual FundMuni National Interm
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JPMorgan Ultra Short Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in JPMorgan Ultra. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

JPMorgan Ultra Against Markets

When determining whether JPMorgan Ultra Short is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if JPMorgan Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Jpmorgan Ultra Short Municipal Etf. Highlighted below are key reports to facilitate an investment decision about Jpmorgan Ultra Short Municipal Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Ultra Short Municipal. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state.
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The market value of JPMorgan Ultra Short is measured differently than its book value, which is the value of JPMorgan that is recorded on the company's balance sheet. Investors also form their own opinion of JPMorgan Ultra's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Ultra's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JPMorgan Ultra's market value can be influenced by many factors that don't directly affect JPMorgan Ultra's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JPMorgan Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Ultra's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.