Investing Port

The JPMorgan Ultra-Short Income ETF (JPST) had one of the most successful fund launches in the industry, and has been a big hit for JP Morgan’s asset management business. The actively-managed fund capitalizes on JPMorgan’s reputation for cash management, and does it at a low cost. The fund invests in short-term investment-grade debt, and may be suitable for investors looking for a relatively safe way to eke out a little more yield than they can get from brokerage sweep accounts, money market funds or long-term Treasuries.

There are several competitors out there, including cheaper funds such as the iShares Ultra Short-Term Bond ETF (ICSH) and the Goldman Sachs Access Ultra Short Bond ETF (GSST). But JPST has drawn the most assets and trading volume.