JMSI ETF — Holdings & Analysis
The fund invests in a portfolio of municipal bonds, including municipal mortgage-backed and asset-backed securities. 0.18% expense ratio, $360M AUM, 208 holdings, inception 1993.
JPMorgan Sustainable Municipal Income ETF (JMSI) ETF — Price, Holdings & Analysis
ETF Overview
Risk Metrics
Expense Ratio
Top Holdings
Sector Allocation
- Technology: 29.9%
- Financial Services: 13.0%
- Healthcare: 12.8%
- Consumer Cyclical: 11.8%
- Communication Services: 8.6%
- Industrials: 8.5%
- Consumer Defensive: 5.1%
- Energy: 3.7%
- Real Estate: 2.4%
- Utilities: 2.2%
- Basic Materials: 2.0%
- Other: 99.2%
- United States: 0.8%
Dividend Yield
- <a href="/etf/mflx">First Trust Flexible Municipal High Income ETF (MFLX)</a> — 0.75% expense ratio
- <a href="/etf/jpib">JPMorgan International Bond Opportunities ETF (JPIB)</a> (Fixed Income) — 0.50% expense ratio
- <a href="/etf/bbem">JPMorgan BetaBuilders Emerging Markets Equity ETF (BBEM)</a> (International Equity) — 0.15% expense ratio
- <a href="/etf/jmin">JPMorgan U.S. Minimum Volatility ETF (JMIN)</a> (Equity) — 0.12% expense ratio
- <a href="/etf/heqq">JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ)</a> (US Equity) — 0.50% expense ratio
- <a href="/etf/lcds">JPMorgan Fundamental Data Science Large Core ETF (LCDS)</a> (US Equity) — 0.30% expense ratio
- <a href="/etf/jfli">JPMorgan Flexible Income ETF (JFLI)</a> (Multi-Asset) — 0.35% expense ratio
Risk Metrics
- Beta: 0.80
Questions & Answers
What is JPMorgan Sustainable Municipal Income ETF (JMSI)?
The fund invests in a portfolio of municipal bonds, including municipal mortgage-backed and asset-backed securities. Under normal circumstances, the fund invests at least 80% of its assets in municipal bonds, the income from which is exempt from fede It holds 208 securities. With $360M in assets under management, it is a funds in its category.
What is the expense ratio for JMSI?
JPMorgan Sustainable Municipal Income ETF has an expense ratio of 0.18%, which is considered low for municipal bond ETFs. This means for every $10,000 invested, annual fees would be approximately $18. Lower expense ratios generally lead to better long-term returns, all else being equal.
What sectors does JMSI invest in?
JPMorgan Sustainable Municipal Income ETF allocates across 11 sectors. The largest sector exposures are Technology (29.9%), Financial Services (13.0%), Healthcare (12.8%). The sector allocation provides broad market exposure across multiple industries.
How long has JMSI been around?
JPMorgan Sustainable Municipal Income ETF was launched in 1993, making it 33 years old. As one of the longer-running ETFs, it has an extensive performance track record through multiple market cycles. It is managed by J.P. Morgan.
What is the current NAV of JMSI?
JPMorgan Sustainable Municipal Income ETF has a net asset value (NAV) of approximately $50.23 per share. The NAV represents the per-share value of the fund's underlying assets minus liabilities. Market price may differ slightly from NAV due to supply and demand dynamics during trading hours.