# Portfolio overlap — JMUB vs JITIX Comparing **JPMorgan Municipal ETF** (2026-02-28) and **JPMorgan National Municipal Income Fund** (2025-08-31). - Shared positions: 459 - JPMorgan Municipal ETF covered by JPMorgan National Municipal Income Fund: 0.3967877890591446872047559813 - JPMorgan National Municipal Income Fund covered by JPMorgan Municipal ETF: 0.3967877890591446872047559814 ## JPMorgan Municipal ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | JPMorgan Institutional Tax Free Money Market Fund, Class IM | 0.097030 | ✓ | | CA CCEDEV 5 03/01/2036 | 0.009795 | | | OH BUCGEN 5 06/01/2055 | 0.006160 | ✓ | | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE | 0.005559 | | | CALIFORNIA COMMUNITY VAR | 0.005521 | | | County of Utah UT | 0.004864 | ✓ | | BLACK BELT ENERGY GAS DISTRICT (MPT) 5.0% 03-01-55 | 0.004780 | ✓ | | PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000 | 0.004722 | ✓ | | LONG ISLAND PWR-B | 0.004716 | ✓ | | MAIN STR NAT GA 5% 12/1/2052 MT | 0.004454 | ✓ | | ILLINOIS ST FIN AUTH REVENUE | 0.004077 | | | NORTH CAROLINA HSG FIN AGY HOMEOWNERSHIP REVENUE | 0.003961 | | | CALIFORNIA COMMUNITY VAR | 0.003850 | ✓ | | TX SANUTL 02/01/2055 | 0.003786 | | | TX DALAPT 11/01/2050 | 0.003727 | | | WY CAMUTL 3.62 07/15/2039 | 0.003686 | ✓ | | MONTGOMERY INDL 0% 10/1/2053 MT | 0.003614 | ✓ | | MD HLTH & HGR EDU-B | 0.003474 | | | FRANKLIN HOSP-VAR-REF | 0.003474 | | | District of Columbia, Series 2025A | 0.003453 | | | SALES TAX SECURTZTN-C | 0.003429 | ✓ | | LOWER AL GAS DT-A-REF | 0.003418 | | | Harris County Cultural Education Facilities Finance Corp., Series 2024F | 0.003352 | | | ILLINOIS ST FIN AUTH REVENUE REGD V/R B/E 3.75000000 | 0.003099 | | | Salt River Project Agricultural Improvement & Power District, Series 2025, RB | 0.002951 | | | TX TAREDU 11/15/2064 | 0.002867 | ✓ | | TX TXSUTL 01/01/2055 | 0.002816 | ✓ | | MAIN STR NAT GA 5% 5/1/2055 MT | 0.002782 | ✓ | | OHIO ST UNIV REGD V/R B/E 2.35000000 | 0.002779 | | | State of Illinois, Series 2025D | 0.002772 | | | MAIN STR NAT GA 5% MT | 0.002753 | ✓ | | Grossmont-Cuyamaca Community College District, Election of 2002, Series 2008C | 0.002696 | ✓ | | NY TRNSPRTN DEV-AMT | 0.002690 | ✓ | | Main Street Natural Gas, Inc., Series 2025B | 0.002651 | | | TN TNSUTL 5 11/01/2034 | 0.002540 | | | NEW YORK MUNI WTR-AA2 | 0.002539 | | | MUNIBOND | 0.002506 | | | NOVELIS CORP (MPT) 5.0% 06-01-55 | 0.002473 | ✓ | | OHIO WTR DEV AUTH-A | 0.002470 | ✓ | | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE | 0.002394 | ✓ | | State of Washington, Various Purpose, Series 2026C | 0.002373 | | | Bergen County Improvement Authority (The), Series 2025 A | 0.002371 | | | RESTRUCTURED-SER A-2 | 0.002367 | ✓ | | TOBACCO SETTLEMENT FING CORP N TOBGEN 06/46 FIXED 5 | 0.002342 | ✓ | | State of Washington, Series 2026C | 0.002323 | | | State of North Carolina, Series 2019 | 0.002292 | ✓ | | MUNIBOND | 0.002286 | | | AL BBEUTL 5 07/01/2033 | 0.002260 | | | Harris County Cultural Education Facilities Finance Corp. (Texas Children's Hospital), Series 2015, VRD RB | 0.002258 | | | STRN UT INDN CO 5% 4/1/2035 | 0.002257 | ✓ | ## JPMorgan National Municipal Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | JPMorgan Institutional Tax Free Money Market Fund, Class IM | 0.066568 | ✓ | | County of Utah UT | 0.018390 | ✓ | | TN TNSUTL 11/01/2049 | 0.017460 | | | MAIN STR NAT GA 5% 12/1/2052 MT | 0.015680 | ✓ | | SALES TAX SECURTZTN-C | 0.012842 | ✓ | | CALIFORNIA COMMUNITY VAR | 0.010509 | ✓ | | Grossmont-Cuyamaca Community College District, Election of 2002, Series 2008C | 0.010069 | ✓ | | LONG ISLAND PWR-B | 0.009846 | ✓ | | OHIO WTR DEV AUTH-A | 0.009374 | ✓ | | State of North Carolina, Series 2019 | 0.008599 | ✓ | | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE | 0.008254 | ✓ | | CALIFORNIA ST INFRASTRUCTURE & REGD V/R OID B/E AMT 9.50000000 | 0.007851 | | | TN TNSUTL 05/01/2053 | 0.007670 | ✓ | | BLACK BELT ENERGY GAS DISTRICT (MPT) 5.0% 03-01-55 | 0.007527 | ✓ | | Sales Tax Securitization Corp., Series C | 0.007484 | ✓ | | State of Mississippi, Series 2018A | 0.007473 | ✓ | | State of Illinois, Series 2022A | 0.006753 | ✓ | | NYS TWY PIT 5% 3/15/2042 | 0.006507 | ✓ | | MONTGOMERY INDL 0% 10/1/2053 MT | 0.006478 | ✓ | | Washington Suburban Sanitary Commission | 0.006234 | ✓ | | WY CAMUTL 3.62 07/15/2039 | 0.006212 | ✓ | | Metropolitan Government of Nashville and Davidson County | 0.006207 | ✓ | | NJ TRANSPRTN-A-REF 5 6/31 | 0.006135 | ✓ | | PUERTO RICO SALES TAX FING COR REGD OID B/E 5.00000000 | 0.005954 | ✓ | | State of Illinois, Series 2022B | 0.005817 | ✓ | | SALES TAX SECURTZTN-C | 0.005682 | ✓ | | OH BUCGEN 5 06/01/2055 | 0.005632 | ✓ | | TN TGYPWR 12/01/2051 | 0.005511 | ✓ | | Puerto Rico Public Finance Corp., Series 2001E | 0.005411 | ✓ | | DENVER CO ARPT 5% 12/1/2035 @ | 0.005388 | ✓ | | NYC TRANSITIONAL FIN | 0.005290 | ✓ | | NY TRNSPRTN DEV-AMT | 0.005262 | ✓ | | MAIN STR NAT GA 5% MT | 0.005247 | ✓ | | Dallas (City of), TX Area Rapid Transit, Series 2016 A, Ref. RB | 0.005236 | | | OREGON ST FACS AUTH REVENUE | 0.005189 | ✓ | | New York City Municipal Water Finance Authority, Water and Sewer System, Second General Resolution, Fiscal Year 2020, Series 2020CC-1 | 0.005175 | ✓ | | COLORADO ST HLTH FACS AUTH REV REGD B/E 5.00000000 | 0.005169 | ✓ | | NJ TRANSPRTN-A-REF | 0.005121 | ✓ | | Washington Metropolitan Area Transit Authority, Series 2024 A | 0.005114 | ✓ | | TX TXSUTL 01/01/2055 | 0.005031 | ✓ | | KENTUCKY UTILITIES CO 2.0% 02-01-32 | 0.005021 | ✓ | | Metropolitan Nashville Airport Authority (The), Series 2022B | 0.005016 | ✓ | | Roswell Development Authority (Wellstar Healthcare, Inc.), Series 2025, RB | 0.004992 | ✓ | | Sales Tax Securitization Corp., Series 2018C | 0.004961 | ✓ | | Douglas County School District No. 001, Omaha Public | 0.004946 | ✓ | | MAIN STR NAT GA 5% MT | 0.004877 | ✓ | | NEW YORK ST URBAN DEV CORP SAL REGD B/E 4.00000000 | 0.004861 | ✓ | | DENVER CO ARPT 5% 11/15/37@ | 0.004795 | ✓ | | Jefferson County Port Authority, Series 2023 | 0.004794 | ✓ | | MAIN STR NAT GA 5% MT | 0.004725 | ✓ | ## Sources - N-PORT (fund A) — accession `0002071691-26-009323` (as of 2026-02-28) - N-PORT (fund B) — accession `0002071691-25-004194` (as of 2025-08-31) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _