JPMorgan High Yield Municipal ETF (JMHI)

JPMorgan High Yield Municipal ETF is an actively managed fixed income fund from J.P. Morgan Asset Management that invests mainly in municipal bonds whose interest is generally exempt from federal income tax.

The fund emphasizes higher-yielding municipal securities, including lower-rated and unrated bonds, alongside investment grade issues. Managers choose bonds through credit research across sectors such as health care, housing, transportation and special tax districts, seeking a high level of tax-exempt income.