JPMorgan High Yield Municipal ETF (JMHI)
Market Closed
17 Jul, 20:00
ARCA ARCA Primary $
50. 05
-0.02
-0.0399%
$
280.53M Market Cap
0.87% Div Yield
33,200 Volume
$ 50.07
Previous Close 
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JMHI: A First Look At JPMorgan HY Muni ETF
Interest rates may drop if the FOMC cuts the Federal Funds Rate, making federal tax-free, long-duration investments like the JPMorgan High Yield Municipal ETF attractive. The JPMorgan High Yield Municipal ETF offers a 4.9% yield, invests in socially conscious municipal securities, and is exempt from federal income tax. The ETF has $175 million in AUM, charges 35bps in fees, and may invest up to 100% in below investment-grade securities for higher yields.
Seekingalpha | 1 year ago
