JPMorgan California Tax Free Bond ETF (JCAL)

JPMorgan California Tax Free Bond ETF (JCAL) is an exchange-traded fund in the Muni California Intermediate category. It has $507.66M in assets, an expense ratio of 0.34% and a 3.18% dividend yield. The fund normally invests at least 80% of the value of its assets in municipal securities, the income from which is exempt from federal and state personal income taxes for California residents and not subject to the federal alternative minimum tax on individuals. "Assets" means net assets, plus the amount of borrowings for investment purposes. It may invest in debt securities issued by governmental entities, certain issuers identified with the U.S. government and private issuers.