JMHI
JPMorgan High Yield Municipal ETF·ARCA
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Key Stats
Assets Under Management
252.29MUSD
Fund Flows (1Y)
55.29MUSD
Dividend Yield
4.45%
Discount/Premium to NAV
0.22%
Shares Outstanding
5.00M
Expense Ratio
0.35%
About JPMorgan High Yield Municipal ETF
Issuer
J.P. Morgan Investment Management Inc.
Brand
JPMorgan
Inception Date
Jul 14, 2023
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
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.
JMHI seeks to provide high current income exempt from federal income tax by investing in a broad basket of municipal securities. This includes variable rate demand obligations, short-term municipal notes, municipal bonds, tax-exempt commercial paper, private activity and industrial development bonds, tax anticipation notes, and participations. The fund may allocate up to 100% of its assets in below investment grade securities. It may also invest in shares of closed-end funds (CEFs) and ETFs, capping its investments in CEFs or ETFs at 10%. 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 evaluates the impact of ESG factors on certain issuers. On July 17, 2023, JMHI converted from a mutual fund to an actively managed ETF with $230 million in assets.
Classification
Asset Class
Fixed Income
Category
Government, Local Authority/Municipal
Focus
High Yield
Niche
Broad Maturities
Strategy
Active
Geography
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Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | -0.16% | -0.10% | +0.55% | -1.00% | +0.78% | +0.78% |
NAV Total Return | +0.58% | +1.13% | +0.97% | +3.42% | +0.07% | +0.07% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
Technology
29.04%
Healthcare
14.50%
Financial Services
12.28%
Consumer Cyclical
10.57%
Industrials
8.94%
Communication Services
7.76%
Consumer Defensive
5.19%
Energy
4.87%
Basic Materials
2.39%
Technology
29.04%
Healthcare
14.50%
Financial Services
12.28%
Consumer Cyclical
10.57%
Industrials
8.94%
Communication Services
7.76%
Consumer Defensive
5.19%
Energy
4.87%
Basic Materials
2.39%
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Asset
Region
99.8%
0.2%
Category
Ratio
North America
99.80%
Europe
0.20%
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
JPMI TAX FREE MMKTF IM
11.81%
NEW YORK N Y VAR 09/49
1.51%
PUBLIC FIN 5.75% 06/60
1.44%
BLACK BELT VAR 06/51
1.23%
PUERTO RICO 4.784% 07/58
1.17%
NEW YORK N Y 5% 05/48
1.16%
PUBLIC FIN AUTH 4% 11/42
1.15%
PUERTO RICO ZERO 07/46
1.15%
BUCKEYE OHIO TOB 5% 06/55
1.14%
GOLDEN ST TOB ZERO 06/66
1.05%
Top 10 Weight 22.81%
199 Total Holdings
Is SPY better than JMHI?
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2026-02-02 | 2026-02-02 | 2026-02-04 | 0.173 |
| 2025-12-31 | 2025-12-31 | 2026-01-05 | 0.184 |
| 2025-12-01 | 2025-12-01 | 2025-12-03 | 0.188 |
| 2025-11-03 | 2025-11-03 | 2025-11-05 | 0.186 |
| 2025-10-01 | 2025-10-01 | 2025-10-03 | 0.199 |
| 2025-09-02 | 2025-09-02 | 2025-09-04 | 0.187 |
| 2025-08-01 | 2025-08-01 | 2025-08-05 | 0.210 |
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How Much Does JMHI Pay in Dividends?
Premium/Discount Chart
Assets Under Management
Should I buy JMHI?
Fund Flows
