USMTX — JPMorgan Ultra-Short Municipal Fund
Data updated: 2026-07-28
USMTX — JPMorgan Ultra-Short Municipal Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Leveraged · $2.62B AUM · 0.18% expense ratio · 3.1% 1-yr return. From SEC regulatory filings.
USMTX Fund Overview
USMTX — JPMorgan Ultra-Short Municipal Fund is a US mutual fund managed by JPMorgan Trust IV, categorised as Leveraged. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: JPMorgan Trust IV
- Category: Leveraged
- Assets under management: $2.62B
- 1-year return: 3.1%
- Ticker: USMTX
- SEC CIK: 0001659326
- SEC series ID: S000052823
- Share class ID: C000166085
USMTX Holdings
Top 10 holdings of JPMorgan Ultra-Short Municipal Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| JPMorgan Institutional Tax Free Money Market Fund | 12.98% |
| Pennsylvania Turnpike Commission | 1.34% |
| Rib Floater Trust Various States | 1.20% |
| Black Belt Energy Gas District | 0.98% |
| New York City Transitional Finance Authority Future Tax Secured Revenue | 0.95% |
| Ohio State University (The) | 0.95% |
| City of New York NY | 0.95% |
| Township of Woodbridge NJ | 0.84% |
| Fairfax County Industrial Development Authority | 0.84% |
| Croton-Harmon Union Free School District | 0.76% |
USMTX Portfolio Allocation
Asset-class allocation of JPMorgan Ultra-Short Municipal Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 69.0% |
| Cash & Equivalents | 34.8% |
USMTX Performance
Total returns for USMTX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.6% |
| 1 year | 3.1% |
| 3 years (annualised) | 3.4% |
| 5 years (annualised) | 2.0% |
USMTX Risk Information
Risk metrics for USMTX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 0.4%
USMTX Costs and Fees
USMTX costs about $18 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.18%
- Gross expense ratio: 0.51%
- Portfolio turnover: 58%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
USMTX Cashflows
Over the 12 months to 2026-02, JPMorgan Ultra-Short Municipal Fund had net inflows of $353.72M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $1.52M |
| 2026-01 | $104.00M |
| 2025-12 | $31.64M |
| 2025-11 | $32.41M |
| 2025-10 | −$2.03M |
| 2025-09 | −$50.66M |
USMTX Debt Constituents
Largest debt holdings of JPMorgan Ultra-Short Municipal Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Township of Woodbridge NJ | 0.84% |
| Croton-Harmon Union Free School District | 0.76% |
| County of Hamilton OH Sales Tax Revenue | 0.70% |
| Township of Hamilton NJ/Mercer County | 0.69% |
| State of Delaware | 0.68% |
| City of Bristol CT | 0.67% |
| Bergen County Improvement Authority (The) | 0.62% |
| Spartanburg County School District No. 7 | 0.61% |
| City of Hudson OH | 0.59% |
| Town of South Kingstown RI | 0.57% |
USMTX Prospectus and SEC Filings
Official JPMorgan Ultra-Short Municipal Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Leveraged funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.