High Yield Municipal ETF Fund (JMHI)
- Expense ratio0.34%
- Net assets$301.4M
- Dividend yield4.61%
- 1-year return-2.08%
- Duration7.61 yrs
JMHI ETF price chart
JMHI quote & trading statistics
JMHI performance
Annual returns & drawdowns →- YTD-2.24%
- 1 year-2.08%
- 3 years+5.74%/yr
- 5 years-0.65%/yr
- 10 years+1.77%/yr
- 1Y volatility
- 6.23%
- 3Y volatility
- 5.84%
- 3Y Sharpe ratio
- -0.02
Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.
JMHI bond portfolio
Rate scenarios & peers →- Yield to maturity
- 7.03%
- Effective duration
- 7.61 yrs
- Average maturity
- 10.3 yrs
- Average coupon
- 5.04%
A one-percentage-point rise in interest rates would lower the price by about 7.6%.
About High Yield Municipal ETF Fund
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. Municipal securities may include, but are not limited to, 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 in pools of municipal securities.
JMHI ETF FAQ
What is the JMHI expense ratio?
High Yield Municipal ETF Fund has a net expense ratio of 0.34%, or $34.00 a year for every $10,000 invested.
How much money is in JMHI?
High Yield Municipal ETF Fund has about $301.4M in net assets.
How has JMHI performed?
JMHI returned -2.08% over the past year and -0.65% a year over the past five years, including reinvested distributions.
Does JMHI pay dividends?
JMHI has a dividend yield of 4.61%.
When was JMHI launched?
High Yield Municipal ETF Fund began trading on September 17, 2007.