Symbols

BBMC

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF·ARCA

--(--)

Key Stats

Assets Under Management

2.00BUSD

Fund Flows (1Y)

-138.62MUSD

Dividend Yield

1.15%

Discount/Premium to NAV

-0.12%

Shares Outstanding

17.30M

Expense Ratio

0.07%

About JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

Issuer

J.P. Morgan Investment Management Inc.

Brand

JPMorgan

Home Page

https://am.jpmorgan.com/us/en/asset-management/adv/products/jpmorgan-betabuilders-us-mid-cap-equity-etf-etf-shares-46641q340

Inception Date

Apr 14, 2020

Structure

Open-Ended Fund

Index Tracked

Morningstar US Mid Cap Target Market Exposure Extended Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

JPMorgan Investment Management, Inc.

Distributor

JPMorgan Distribution Services, Inc.

BBMC is passively managed to track an index that targets mid-cap companies in the US equity market across various sectors. The index primarily considers stocks that fall between the 85th and 95th percentiles in market-cap of the US investible universe, although, large- and small-cap stocks may be included as well. The equity securities can include common stock, preferred stock, and REITs. As a part of the 'BetaBuilders' suite, BBMC provides plain-vanilla exposure to mid-cap equities and can be used as a core holding or as a complement to BBUS and BBSC which covers the total market and small-cap segments of the US equity market respectively. The fund may invest up to 20% in futures to more closely track the index. The index is rebalanced quarterly.