Will 2026 be a Year of Muni Bond ETFs?
Muni bond ETFs may shine in 2026 as attractive yields, solid credit quality and easing policy risks boost investor appeal.
JMST: Good Attempt, Perfectly Sensible, But There Are Better Alternatives
JMST offers low-risk, tax-free income from short-term investment-grade municipal bonds, but yields are notably lower than alternatives. The fund's construction is sound—minimizing interest rate and credit risk—yet its conservative approach results in underwhelming returns. Other short-term muni funds, like SHYM, achieve higher yields by including unrated bonds, which historically have low default rates.
Investors Turn to Actively Managed Bond ETFs in March
Tariff mayhem continues to cause volatility in markets as investors attempt to make sense of continuous changes. In a tumultuous environment, investors increasingly turned to actively managed bond ETFs this year according to JPMAM research.
JMST: Ultra-Short Muni Bond ETF, Tax-Advantaged 3.2% Yield
JMST is an actively managed ETF focusing on short-term and variable-rate municipal bonds. It is slightly riskier, and slightly more volatile than t-bills. It has a tax-advantaged 3.3% yield. Income seems weak, even accounting for any potential tax benefits.
