JPMorgan Ultra-Short Municipal Income ETF (JMST) is a publicly traded company in the Financial Services sector, operating within the Asset Management - Income industry.
JMST has IPO date of 2018-10-22, listed on the Chicago Board Option, a market capitalization of $6.26B.
JPMorgan Ultra-Short Municipal Income ETF is a fixed income fund that invests at least 80% of its assets in municipal securities whose income is exempt from federal income tax. The fund focuses on short-term municipal instruments, including variable rate demand notes, short-term municipal notes, and tax-exempt commercial paper, with up to 100% of assets allocated to these shorter-duration securities. This strategy positions the fund to provide tax-advantaged income with reduced interest rate risk compared to longer-duration municipal bond funds.
