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JMST
+0.09 · +0.17%
$51.03 · BATS

JPMorgan Ultra-Short Municipal (JMST) ETF Analysis | Muni National Short

JPMorgan · USA
AUM:$6.2B
#– of – in Muni National Short ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

JMST returned +3.3% over the past year, broadly in line with flat market conditions.

Cost Efficiency

Ongoing charge of 0.18% — competitive for the exposure provided.

What is JMST?

Under normal circumstances, the fund invests at least 80% of its assets in municipal securities, the income from which is exempt from federal income tax. For purposes of this policy, Assets means net assets, plus the amount of borrowings for investment purposes.

Performance Highlights

Returns (%)
Cost & Yield (%)

Investment Breakdown

Modest 1-Year Return
JMST returned 3.3% over the past year.
Competitive Expense Ratio
Expense ratio of 0.18% — reasonable for the index exposure provided.
Broadly Diversified
Top 10 holdings represent just 12.0% of the ETF — exposure spread across many positions.
ETF Information
AUM$6.2B
Expense Ratio0.18%
Dividend Yield2.83%
Holdings1
Inception DateOct 2018
Domicile–
Distribution–
Index–
ProviderJPMorgan
Beta0.09
CategoryMuni National Short
CurrencyUSD
Portfolio Impact

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Example preview
6168
+7 points · better diversified

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Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+0.1%
1Y
+1.6%
3Y
+9.3%
5Y
+11.4%
OpenBook InsightIf you had invested £10,000 in JMST 5 years ago, it would have grown to £11,142 — a gain of £1,142.

Annual Returns

Calendar year performance

JMST delivered positive returns in 5 of the last 5 calendar years.
YearJMST
2026 YTD+0.7%
2025+3.3%
2024+3.3%
2023+3.6%
2022+0.1%
CAGR 4yr+2.6%
5/5 positive yearsAvg return: +2.2%Worst year: +0.1% (2022)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: POSITIVE
Trend Strength
100%
Positive
Volatility
0.8%
Low
Momentum
0.0%
30-day change
Support Level
50.83
Key floor
Key Insights
  • Price is currently trading above all key moving averages.
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.
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