JPMorgan's Ultra-Short Income Fund continues to outperform short-term banking products by producing a 2.82% return year-to-date.
JPST currently yields 2.37% which is still more than most money markets and six-month CDs.
Owning six-month and under bond notes protects investors from rising rates and long-term credit risk.
When I look at my current portfolio, there is several reasons why JPST is my largest position. The biggest selling point for investors is the conservative dividend yield of 2.37%. The JPMorgan Ultra-Short Income ETF