JMST: Short-Term Muni Bond ETF With Low, Uncompetitive Yield

At the CEF/ETF Income Laboratory , we manage ~8%-yielding closed-end fund ( CEF ) and exchange-traded fund (ETF) portfolios to make income investing easy for you. Check out what our members have to say about our service.The JPMorgan Ultra-Short Municipal Income ETF ( JMST ) offers investors a tax-advantaged 2.0% yield to maturity. It is an incredibly weak dividend yield on a before-tax basis and seems below average on an after-tax basis for most investors. Although tax considerations are stronglyJuan de la ...