JPMorgan New York Tax Free Bond ETF
JTNY
New York Stock Exchange Arca50.16
USD
+0.04
- -
ISIN
US46654Q4762
CUSIP
46654Q476
Return %
Stock
S&P500
1Y
- -
19.99
3Y
- -
69.40
5Y
- -
72.03
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Jun 15, 2026
- Website
- am.jpmorgan.com
- Similar Companies
- Business
- JPMorgan New York Tax Free Bond ETF, launched as a strategic extension of JPMorgan Chase & Co.’s ETF platform, focuses on delivering federally tax-exempt income for investors while seeking to preserve principal through investment in high-quality municipal securities issued by New York State and New York City entities and related authorities; it targets a tax-efficient income stream with a composition designed to minimize AMT exposure for individuals and to align with municipal bond market conventions Main Products and Services - Core offering: ETF exposure to New York tax-exempt municipal bonds (state and city) aimed at monthly income distributions and principal protection relative to general market risk - Portfolio construction: municipal obligations with interest exempt from federal gross income and New York state/NYC personal income taxes; AMT exclusion; sector emphasis on high credit-quality issuers; portfolio duration typically aligned to intermediate maturities - Income and distribution services: regular monthly dividends; tax-advantaged income for investors in higher tax brackets; distribution policy designed to optimize after-tax yield for taxable accounts invested in New York tax-free securities - Benchmark and analytics: performance reporting with tax-equivalent yield calculations, distribution yield metrics, and NAV-based return disclosures; regular disclosure of holdings, sector weightings, and maturity profile Latest Major Company Changes - Product evolution and fund restructuring: conversion or reclassification activities within JPMorgan Trust I related to tax-free bond funds; anticipated naming transitions to JPMorgan New York Tax Free Bond ETF with June 2026 effective date for certain conversions - Strategic adjustments: ongoing alignment of fund strategies with broader JPMorgan ETF platform, including potential shifts toward enhanced liquidity, tighter tracking error controls, and expanded distribution policies to improve after-tax outcomes - Operational updates: updates to compliance and fee waivers as part of ongoing fund governance; adjustments to fund expenses and administration aligned with evolving regulatory and market conditions - Market actions: potential expansion of New York tax-free municipal offerings or inclusion of additional New York-structured issuances to broaden categorical exposure Additional Context - Industry and segments: exchange-traded funds; fixed income; municipal bond funds; tax-advantaged income vehicles - Target markets: individual retail investors in higher tax brackets seeking New York tax-exempt income; advisory platforms and institutional allocators seeking municipal exposure within a tax-sensitive portfolio - Geographic footprint: primarily United States with focus on New York State and New York City issuances; domicile and listing likely on major U.S. exchanges - Founding and headquarters: fund structure originates under JPMorgan’s ETF family; headquarters tied to JPMorgan Chase & Co. corporate base in New York, NY - Subsidiaries/affiliations: managed by JPMorgan Asset Management affiliates within the JPMorgan Chase umbrella; part of JPMorgan’s broader ETF and mutual fund ecosystem Illustrative note - The ETF targets New York municipal securities with tax-exempt status at the federal level and for New York state and city taxes, which makes it attractive for investors seeking after-tax income in a U.S. tax environment that favors municipal bond yields relative to taxable equivalents. This structure is commonly supported by ongoing fund governance, liquidity management, and periodic updates to holdings and distributions to reflect market dynamics and regulatory changes.