JPMorgan Ultra-Short Income ETF
JPST
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 383 Madison Avenue New York NY United States of America 10179
- IPO Date
- May 19, 2017
- CIK
- 0001485894
- Website
- am.jpmorgan.com
- Similar Companies
- Business
- JPMorgan Ultra-Short Income ETF (JPST) is an actively managed exchange-traded fund that seeks current income while preserving capital and maintaining liquidity by investing primarily in investment-grade, short-duration, fixed-income securities. The fund's portfolio includes U.S. Treasury securities, government agency obligations, repurchase agreements, corporate bonds, asset-backed securities, and commercial paper; it emphasizes securities with maturities of less than one year and a weighted average duration typically under 0.5 years to minimize interest rate risk. JPST operates within the ultra-short-term bond segment of the fixed-income market, targeting institutional and retail investors seeking low-volatility cash alternatives with yields competitive to money market funds. Launched in May 2017 by J.P. Morgan Asset Management, a division of JPMorgan Chase & Co., the ETF is domiciled in the United States with its principal place of business in New York. The fund employs a disciplined investment process leveraging J.P. Morgan's proprietary quantitative models and credit research to select securities across money market instruments, floating-rate notes, and certificates of deposit; it maintains a focus on high-quality issuers in the U.S. and select global markets while adhering to Rule 2a-7-like diversification and liquidity standards. JPST serves as a core holding for cash management portfolios, offering daily liquidity via NYSE Arca trading and serving clients including wealth managers, corporations, and pension funds. In recent developments, JPST benefited from J.P. Morgan Asset Management's strategic enhancements in 2024-2025, including the integration of advanced AI-driven analytics for portfolio optimization amid elevated short-term rates following Federal Reserve policy shifts. The firm announced expanded distribution partnerships with major platforms like Schwab and Fidelity in late 2024 to broaden retail access, alongside a minor portfolio reallocation in Q3 2025 toward inflation-linked securities in response to persistent economic uncertainties. These changes underscore ongoing efforts to enhance yield capture and risk-adjusted returns without altering the fund's ultra-short mandate.