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JPMorgan High Yield Municipal ETF declares monthly distribution of $0.1844
Seeking Alpha News (Tue, 1-Sep 1:27 PM ET)
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.
JPMorgan High Yield Municipal ETF trades on the ARCA stock market under the symbol JMHI.
As of September 4, 2026, JMHI stock price declined to $48.83 with 36,694 million shares trading.
JMHI has a beta of 0.13, meaning it tends to be less sensitive to market movements. JMHI has a correlation of 0.18 to the broad based SPY ETF.
JMHI has a market cap of $293.00 million. This is considered a Small Cap stock.
In the last 3 years, JMHI traded as high as $51.50 and as low as $45.95.
JMHI has underperformed the market in the last year with a price return of +3.4% while the SPY ETF gained +19.8%. JMHI has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -1.6% and -0.9%, respectively, while the SPY returned +2.0% and +0.6%, respectively.
JMHI support price is $48.67 and resistance is $49.00 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JMHI shares will trade within this expected range on the day.
