2024-03-14 09:37:16 ET
Summary
- JPMorgan Ultra-Short Income ETF is an actively-managed income ETF by JPMorgan. It is quite similar to T-bills, with slightly higher risk, and slightly higher returns.
- Although the JPST ETF has performed well in the past, its current 5.0% dividend yield is simply not competitive.
- Other investments seem stronger than JPST, including T-bills, BOXX, and JAAA.
I've written about the JPMorgan Ultra-Short Income ETF (JPST) several times in the past . I've been bullish, due to the fund's good, growing dividends and low rate risk. JPST has performed quite well these past few years, for these same reasons. Although JPST remains a reasonable investment opportunity, spreads relative to T-bills, and other short-term income funds have significantly decreased these past few months. JPST's 5.0% dividend yield is simply not competitive right now, so I would not be investing in the fund at the present time....
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JPST: Good Short-Term Income Fund, But Not A Buy At These Levels