JMST vs ZMUN

JPMorgan Ultra-Short Municipal Income ETF compared with F/m Ultrashort Tax Free Municipal ETF on yield, payout growth, payment schedule, cost and risk.

JMST

JPMorgan Ultra-Short Municipal Income ETF

2.58%

TTM yield · Monthly

VS

ZMUN

F/m Ultrashort Tax Free Municipal ETF

3.25%

TTM yield · Monthly

Quick take

Generated from the latest data on both pages. Not a recommendation.

Side by side

MetricJMSTZMUN
Share price$50.83$49.94
TTM yield2.58%3.25%
Forward yield2.58%3.55%
Annual payout per share$1.312$1.7727
Payment frequencyMonthlyMonthly
Next ex-dateOct 1, 2026 (est.)Sep 26, 2026 (est.)
Expense ratio0.18%0.30%
1-year payout growth-14.2%
5-year payout CAGR+48.8%
Consecutive years of increases0 years0 years
Payout consistency (last 12)93/10082/100
1-year total return+2.1%
1-year price return-0.5%
Size (market cap / AUM)7.4B34.5M
Years paying7.80.9
Sector / categoryMuni National ShortMuni National Short

✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).

$10,000 invested today

JMSTZMUN
Shares196.7200.3
Income per year$258$355
Income per month (avg)$22$30

At forward yields, before taxes. Model JMST · Model ZMUN

Next payments

Ex-datePay datePer shareStatus
JMST Oct 1, 2026Oct 15, 2026$0.1093Est.
JMST Oct 31, 2026Nov 14, 2026$0.1093Est.
JMST Nov 30, 2026Dec 14, 2026$0.1093Est.
ZMUN Sep 26, 2026Sep 27, 2026$0.1477Est.
ZMUN Oct 26, 2026Oct 27, 2026$0.1477Est.
ZMUN Nov 25, 2026Nov 26, 2026$0.1477Est.

Annual payouts per share

JMSTZMUN

Annual dividend per share, JMST vs ZMUN, 2019 to 2026ZMUNJMST$0.00$1.00$2.00JMST 2019: $0.822ZMUN 2019: $0.002019JMST 2020: $0.446ZMUN 2020: $0.002020JMST 2021: $0.137ZMUN 2021: $0.002021JMST 2022: $0.56ZMUN 2022: $0.002022JMST 2023: $1.566ZMUN 2023: $0.002023JMST 2024: $1.682ZMUN 2024: $0.002024JMST 2025: $1.447ZMUN 2025: $0.3512025JMST 2026 (YTD): $0.859ZMUN 2026 (YTD): $1.2742026 YTD

Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.

FAQ

Which has the higher dividend yield, JMST or ZMUN?

ZMUN currently has the higher trailing yield: JMST yields 2.58% and ZMUN yields 3.25%. Yield changes daily with price, so check the live figures above.

How often do JMST and ZMUN pay?

JMST pays every month and ZMUN pays every month. JMST's next ex-date is Oct 1, 2026 and ZMUN's is Sep 26, 2026.

Is JMST or ZMUN better for income?

It depends on what you are optimising for. JMST and ZMUN differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.

JMST dividend history →
ZMUN dividend history →

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