JPMorgan Ultra-Short Municipal Fund I (USMTX)
10.01
0.00 (0.00%)
USD |
May 04 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.18% | 2.545B | -- | 70.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 217.35M | 3.09% |
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 |
| Equity Style | -- |
| 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:
95
-163.19M
Peer Group Low
105.80M
Peer Group High
1 Year
% Rank:
22
217.35M
-452.89M
Peer Group Low
2.569B
Peer Group High
3 Months
% Rank:
88
-236.38M
Peer Group Low
641.38M
Peer Group High
3 Years
% Rank:
20
-2.025B
Peer Group Low
3.410B
Peer Group High
6 Months
% Rank:
13
-296.14M
Peer Group Low
947.01M
Peer Group High
5 Years
% Rank:
94
-7.012B
Peer Group Low
4.135B
Peer Group High
YTD
% Rank:
23
-240.69M
Peer Group Low
641.38M
Peer Group High
10 Years
% Rank:
5
-4.632B
Peer Group Low
5.923B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 05, 2026.
Asset Allocation
As of March 31, 2026.
| Type | % Net |
|---|---|
| Cash | 12.73% |
| Stock | 0.00% |
| Bond | 86.96% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.31% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| JPMorgan Prime Money Market Fund Institutional | 13.96% | 1.000 | 0.00% |
| PENNSYLVANIA ST TPK COMMN TPK REV PA 3.120 12/01/2039 | 1.38% | 100.00 | 0.00% |
| RIB FLOATER TR VARIOUS STS NY 03/01/2058 | 1.24% | 100.00 | 0.00% |
| BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV AL 3.832 07/01/2052 | 1.01% | 100.52 | 0.00% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV NY 2.550 08/01/2042 | 0.99% | 100.00 | 0.00% |
| NEW YORK N Y NY 2.550 03/01/2044 | 0.99% | 100.00 | 0.00% |
| OHIO ST UNIV GEN RCPTS OH 2.900 06/01/2043 | 0.99% | 100.00 | 0.00% |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP HOSP REV TX 2.150 08/01/2050 | 0.99% | 100.00 | 0.00% |
| WOODBRIDGE TWP N J NJ 4.000 10/09/2026 | 0.87% | 100.50 | -0.00% |
| FAIRFAX CNTY VA INDL DEV AUTH HEALTH CARE REV VA 3.130 05/15/2033 | 0.87% | 100.00 | 0.00% |
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 |
| Equity Style | -- |
| 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 (5-1-26) | 2.75% |
| 30-Day SEC Yield (3-31-26) | 2.37% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 1013 |
| Bond | |
| Yield to Maturity (3-31-26) | 1.36% |
| Effective Duration | 0.68 |
| Average Coupon | 3.99% |
| Calculated Average Quality | 2.064 |
| Effective Maturity | 6.349 |
| Nominal Maturity | 8.170 |
| Number of Bond Holdings | 992 |
As of March 31, 2026
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 | -- |
| Socially Responsible 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. |