JPMorgan Ultra-Short Municipal Fund I (USMTX)
10.02
0.00 (0.00%)
USD |
Dec 05 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.18% | 2.421B | -- | 70.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 222.84M | 2.99% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks as high a level of current income exempt from federal income tax as is consistent with relative stability of principal. Under normal circumstances, the Fund will primarily invests at least 80% of its assets in municipal securities with an average weighted maturity of two years or less. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Municipal Debt Funds |
| Fund Owner Firm Name | J.P. Morgan Asset Management |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
13
-56.13M
Peer Group Low
377.89M
Peer Group High
1 Year
% Rank:
18
222.84M
-417.30M
Peer Group Low
2.524B
Peer Group High
3 Months
% Rank:
87
-125.57M
Peer Group Low
1.137B
Peer Group High
3 Years
% Rank:
80
-4.573B
Peer Group Low
2.656B
Peer Group High
6 Months
% Rank:
32
-243.32M
Peer Group Low
1.714B
Peer Group High
5 Years
% Rank:
94
-5.797B
Peer Group Low
4.370B
Peer Group High
YTD
% Rank:
21
-405.63M
Peer Group Low
2.372B
Peer Group High
10 Years
% Rank:
4
-4.876B
Peer Group Low
5.354B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 07, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 0.00% |
| Stock | 0.00% |
| Bond | 102.1% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -2.14% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| JPMorgan Prime Money Market Fund Institutional | 10.20% | 1.000 | 0.01% |
| PENNSYLVANIA ST TPK COMMN TPK REV PA 1.940 12/01/2039 | 1.47% | 100.00 | 0.00% |
| RIB FLOATER TR VARIOUS STS NY 03/01/2058 | 1.32% | 100.00 | 0.00% |
| BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV AL 4.087 07/01/2052 | 1.08% | 100.52 | 0.00% |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP HOSP REV TX 0.700 08/01/2050 | 1.05% | 100.00 | 0.00% |
| NEW YORK N Y NY 1.450 03/01/2044 | 1.05% | 100.00 | 0.00% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV NY 1.450 08/01/2042 | 1.05% | -- | -- |
| SOUTHCENTRAL PA GEN AUTH REV PA 1.750 06/01/2035 | 0.99% | 100.00 | 0.00% |
| WOODBRIDGE TWP N J NJ 4.000 10/09/2026 | 0.94% | -- | -- |
|
TRIBOROUGH BRIDGE AND TUNNEL AUTHORITY 5% 15-MAY-2026
|
0.93% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | -- |
| Administration Fee | 945.0% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1.00M None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks as high a level of current income exempt from federal income tax as is consistent with relative stability of principal. Under normal circumstances, the Fund will primarily invests at least 80% of its assets in municipal securities with an average weighted maturity of two years or less. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Municipal Debt Funds |
| Fund Owner Firm Name | J.P. Morgan Asset Management |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-4-25) | 2.84% |
| 30-Day SEC Yield (10-31-25) | 2.61% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 1159 |
| Bond | |
| Yield to Maturity (9-30-25) | 1.36% |
| Effective Duration | 0.75 |
| Average Coupon | 4.12% |
| Calculated Average Quality | 2.082 |
| Effective Maturity | 6.489 |
| Nominal Maturity | 8.679 |
| Number of Bond Holdings | 1156 |
As of September 30, 2025
Fund Details
| Key Dates | |
| Inception Date | 8/31/2016 |
| Last Annual Report Date | 2/28/2025 |
| Last Prospectus Date | 7/1/2025 |
| Share Classes | |
| USMSX | A |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Synthetic Replication Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:USMTX", "name") |
| Broad Asset Class: =YCI("M:USMTX", "broad_asset_class") |
| Broad Category: =YCI("M:USMTX", "broad_category_group") |
| Prospectus Objective: =YCI("M:USMTX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |