JPST Cures Short-Term Interest Needs

About: J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Ultra-Short Income ETF (JPST), Includes: HYG, JNK, JPM
by: Josh Ortner
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Josh Ortner
Owner of Ortner Capital, pension fund manager, registered investment advisor

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