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ETFs

JPMorgan High Yield Municipal ETF

JMHI
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 17 2007
Expense Ratio
0.35%
Type
US Bonds
Fund Owner
JPMorgan Chase
Volume (1m avg. daily)
$1,044,620
AUM
$192,298,329
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
JPMORGAN INST TAX FREE MM
15.33%
n/a
SALT LAKE 5.25% 07/53
1.86%
n/a
MAIN STR NAT VAR 12/53
1.60%
n/a
CHICAGO ILL 5.25% 12/49
1.58%
n/a
PUERTO RICO 5% 07/58
1.48%
n/a
PUBLIC FIN AUTH 4% 11/42
1.41%
n/a
NEW YORK 4.375% 10/45
1.40%
n/a
MONROE CNTY N Y 4% 12/36
1.36%
n/a
DETROIT MICH 6% 05/43
1.29%
n/a
MUNICIPAL ELEC 5% 01/59
1.26%
Invest with JMHI

What is JMHI?

The investment seeks a high level of current income exempt from federal income taxes. Under normal circumstances, the fund invests at least 80% of its assets in municipal securities, the income from which is exempt from federal income tax. It will invest in municipal securities of any maturity. As part of its investments in municipal securities, the fund will also have the ability to invest up to 100% of its total assets in below investment grade or unrated securities.

ETFs related toJMHI

ETFs correlated to JMHI include CGMU, MUB, MMIN

JMHI
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan High Yield Municipal ETF
CGMU
Capital Group Fixed Income ETF Trust - Capital Group Municipal Income ETF
MUB
BlackRock Institutional Trust Company N.A. - iShares National Muni Bond ETF
MMIN
IndexIQ Active ETF Trust - IQ MacKay Municipal Insured ETF
HYD
VanEck ETF Trust - VanEck High Yield Muni ETF
CMF
BlackRock Institutional Trust Company N.A. - iShares California Muni Bond ETF
VTEB
Vanguard Group, Inc. - Vanguard Tax-Exempt Bond ETF
PZA
Invesco Capital Management LLC - Invesco National AMT-Free Municipal Bond ETF
MMIT
IndexIQ Active ETF Trust - IQ MacKay Municipal Intermediate ETF
HTAB
Hartford Funds Exchange-Traded Trust - Hartford Schroders Tax Aware Bond ETF
FMHI
First Trust Exchange-Traded Fund III - First Trust Municipal High Income ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

News Related to JMHI

Main Street Estimates Q1 Preliminary Net Investment Income (NII) Of $1.00-$1.02 Per Share And Distributable Net Investment Income Of $1.06-$1.08 Per Share

Apr 16, 2025 • by Benzinga Newsdesk
Read

Main Street Capital Announced Q1 Private Loan Activity With $130.4M In New Or Increased Commitments And $138.2M In Funded Investments

Apr 10, 2025 • by Benzinga Newsdesk
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Main Street Capital Invests $12.5M In Recapitalization Of Leading Vascular Care Organization

Apr 1, 2025 • by Benzinga Newsdesk
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Main Street Capital Completes A New Portfolio Investment Of $12.5M To Facilitate The Minority Recapitalization Of A Vascular Care Management Services Organization

Apr 1, 2025 • by Benzinga Newsdesk
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FAQ

JMHI is a US Bonds ETF. The investment seeks a high level of current income exempt from federal income taxes. Under normal circumstances, the fund invests at least 80% of its assets in municipal securities, the income from which is exempt from federal income tax. It will invest in municipal securities of any maturity. As part of its investments in municipal securities, the fund will also have the ability to invest up to 100% of its total assets in below investment grade or unrated securities.

Yes, JMHI is actively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

No, JMHI is not passively managed. It is actively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on JMHI is -0.0165%. This is the percent change in the value of JMHI over the most recent 1-month period. The 3-month return on JMHI is %. This is the percent change in the value of JMHI over the most recent 3-month period.

ETFs similar to JMHI include HYMB, SUB, and NYF.

ETFs correlated to JMHI include CGMU, MUB, and MMIN.

ETFs that are inversely correlated to JMHI include TMV, TBT, and TBF.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.