Frequently Asked Questions About JTNY

What does JTNY invest in?

The Fund seeks to provide monthly dividends that are excluded from gross income for federal income tax purposes and are exempt from New York State and New York City personal income taxes. It also seeks to protect the value of your investment.

What is the expense ratio of JTNY?

JPMorgan New York Tax Free Bond ETF (JTNY) charges an expense ratio of 0.43%. This is the annual fee deducted from fund assets to cover management and operations.

What is JTNY's distribution yield?

JTNY's trailing-twelve-month yield is 1.25%, calculated from the sum of distributions over the past year divided by the current price.

How does JTNY's covered-call strategy work?

JTNY sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside. When the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.

What is the duration of JTNY?

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

What is the credit quality of JTNY?

JTNY'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.

JTNY

JPMorgan New York Tax Free Bond ETF

AMEX·Asset Management · Financial Services

$48.08$0.44+0.92%

After hours·$48.08+0.00%

Market closed·Oct 22 3:59 PM EDT

Price Chart

$48.08+$0.44 (+0.92%)today

−4.15%

Select date range

FromTo

Jun 15, 2026Jun 15, 2026 → Oct 22, 2026· 4 moOct 22, 2026

Key Metrics

DistributionDistributions Tab

Annual Distribution (FWD)$1.87

Distribution Yield (FWD)3.88%

Annual Distribution (TTM)$0.60

Distribution Yield (TTM)1.25%

Distribution Growth (5Y)—

FrequencyMonthly

Most Recent$0.16

Ex-Dividend DateOct 1

Payment DateOct 5

Cost & RiskExpenses Tab

Expense Ratio0.43%

Cost per 10k Invested$43.00

AUM$440.66M

Avg Daily Volume41.82K

Price$48.08

NAV$48.06

Premium / Discount+0.04%

52-Week Range$46.67 – $50.37

Beta0.88

Fund Overview

Cost Verdict

Is JTNY's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: J.P. Morgan
Asset Class: Municipal Bond
Strategy: Options Income
Inception: January 1, 1997
Fund Type: ETF
Domicile: US
Currency: USD
ISIN: US46654Q4762
CUSIP: 46654Q476
Website: am.jpmorgan.com/us/en/asset-management/adv/products/jpmorgan-new-york-tax-free-bond-etf-etf-shares-46654q476

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Frequently Asked Questions About JTNY

What does JTNY invest in?: The Fund seeks to provide monthly dividends that are excluded from gross income for federal income tax purposes and are exempt from New York State and New York City personal income taxes. It also seeks to protect the value of your investment.
What is the expense ratio of JTNY?: JPMorgan New York Tax Free Bond ETF (JTNY) charges an expense ratio of 0.43%. This is the annual fee deducted from fund assets to cover management and operations.
What is JTNY's distribution yield?: JTNY's trailing-twelve-month yield is 1.25%, calculated from the sum of distributions over the past year divided by the current price.
How does JTNY's covered-call strategy work?: JTNY sells call options against the stocks (or index) it holds, collecting premium income that gets passed through to shareholders as distributions. The strategy generates above-market income in flat or rising markets but caps upside. When the underlying rallies past the strike, the gains above the strike go to the option buyer, not the fund.
What is the duration of JTNY?: Effective duration measures JTNY's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. JTNY's current duration is published on the fund's factsheet on the issuer's website.
What is the credit quality of JTNY?: JTNY'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.