JPMorgan 100% U.S. Treasury Securities Money Market ETF

Frequently Asked Questions About JMMF

What does JMMF invest in?

This ETF's portfolio is entirely dedicated to U.S. government debt. It exclusively holds a variety of securities issued by the U.S. Treasury, including instruments such as Treasury bills, bonds, and notes.

What is the expense ratio of JMMF?

JPMorgan 100% U.S. Treasury Securities Money Market ETF (JMMF) charges an expense ratio of 0.16%. This is the annual fee deducted from fund assets to cover management and operations.

What is JMMF's dividend yield?

JMMF's trailing-twelve-month yield is 2.27%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of JMMF?

Effective duration measures JMMF's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. JMMF's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of JMMF?

JMMF's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of JMMF?

Yield to maturity (YTM) is the total return you'd earn from JMMF if every bond in the portfolio is held to maturity at the current price. JMMF's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.