JPMorgan High Yield Municipal ETF

JMHI

Market cap $279M

Many Boomers in 2025 need dependable passive income, and one outstanding way to achieve this is to invest in exchange-traded funds (ETFs).

High-yield muni ETFs focus on investment-grade municipal bonds, leaning into those with weaker ratings. Dividend yields are good, in the 4.0% - 5.0%, tax-exempt, and provide higher after-tax income, making them attractive for taxable accounts and high-tax-rate investors. A quick look at four particularly good, high-yielding muni ETFs follows.

Interest rates may drop if the FOMC cuts the Federal Funds Rate, making federal tax-free, long-duration investments like the JPMorgan High Yield Municipal ETF attractive. The JPMorgan High Yield Municipal ETF offers a 4.9% yield, invests in socially conscious municipal securities, and is exempt from federal income tax. The ETF has $175 million in AUM, charges 35bps in fees, and may invest up to 100% in below investment-grade securities for higher yields.