JPST – JPMorgan Ultra-Short Income ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks to provide current income while seeking to maintain a low volatility of principal. Under normal circumstances, the fund seeks to achieve its investment objective by investing in investment grade, U.S. dollar denominated short-term fixed, variable and floating rate debt. As part of its principal investment strategy, it may invest in corporate securities, asset-backed securities, mortgage-backed and mortgage-related securities, and high quality money market instruments such as commercial paper and certificates of deposit.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
JPST	JPMorgan Ultra-Short Income ETF	ETF	Open			May 17, 2017	$42.08B	0.180%	—	—	$7.12B
—	JPMorgan Ultra-Short Income ETF	ETF	Open	—		May 17, 2017	—	0.180%	—	—	—

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