Key stats
About JPMorgan Sustainable Municipal Income ETF
Home page
Inception date
Jul 14, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
JPMorgan Investment Management, Inc.
Distributor
JPMorgan Distribution Services, Inc.
ISIN
US46654Q8151
JMSI seeks to provide current income exempt from federal income tax by investing in sustainable municipal bonds with at least 90 days to maturity, including municipal mortgage-backed and asset-backed securities, as well as restricted securities. The fund may invest without limit in municipal mortgage-backed securities at the advisers discretion. The fund caps its investments in below investment grade securities to 20%. As an actively managed fund, the fund adviser analyzes individual securities and market sectors to make buy and sell decisions at their discretion. The adviser uses a long-term, value-oriented approach and a proprietary ESG framework. The fund intends to invest at least 80% of its assets in sustainable securities, whose proceeds provide social and environmental benefits, in the advisers opinion. On July 17, 2023, JMSI converted from a mutual fund to an actively managed ETF with $238 million in assets.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Cash
Bonds, Cash & Other100.00%
Municipal88.84%
Cash10.54%
Mutual fund0.33%
Government0.28%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
JMSI invests in bonds. The fund's major sectors are Municipal, with 88.84% stocks, and Government, with 0.28% of the basket. The assets are mostly located in the N/A region.
JMSI last dividends amounted to 0.15 USD. The month before, the issuer paid 0.14 USD in dividends, which shows a 7.46% increase.
JMSI assets under management is 320.06 M USD. It's risen 3.09% over the last month.
JMSI fund flows account for 99.17 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, JMSI pays dividends to its holders with the dividend yield of 3.62%. The last dividend (Sep 4, 2025) amounted to 0.15 USD. The dividends are paid monthly.
JMSI shares are issued by JPMorgan Chase & Co. under the brand JPMorgan. The ETF was launched on Jul 14, 2023, and its management style is Active.
JMSI expense ratio is 0.18% meaning you'd have to pay 0.18% of your investment to help manage the fund.
JMSI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
JMSI invests in bonds.
JMSI price has risen by 2.20% over the last month, and its yearly performance shows a −1.53% decrease. See more dynamics on JMSI price chart.
NAV returns, another gauge of an ETF dynamics, showed a 3.11% increase in three-month performance and has increased by 1.97% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 3.11% increase in three-month performance and has increased by 1.97% in a year.
JMSI trades at a premium (0.16%) meaning the ETF is trading at a higher price than the calculated NAV.