JPMorgan New York Tax Free Bond ETF (JTNY)

The JPMorgan New York Tax Free Bond ETF (JTNY) is an actively managed municipal bond fund from J.P. Morgan Asset Management. Its objective is to provide income that is exempt from federal income tax and from New York State and New York City personal income taxes.

The fund invests primarily in municipal securities issued by the State of New York, its cities, agencies and authorities, as well as other issuers whose interest is exempt from New York taxes. Holdings can include general obligation bonds backed by taxing power and revenue bonds supported by specific projects such as transportation, utilities, housing or education facilities.

J.P. Morgan's municipal team selects bonds based on credit analysis, structure and relative value, and manages the portfolio's duration and credit quality actively.