Symbols

BBLB

JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF·CBOE

--(--)

Key Stats

Assets Under Management

5.96MUSD

Fund Flows (1Y)

8.33MUSD

Dividend Yield

5.03%

Discount/Premium to NAV

0.19%

Shares Outstanding

72.50K

Expense Ratio

0.04%

About JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF

Issuer

J.P. Morgan Investment Management Inc.

Brand

JPMorgan

Home Page

https://am.jpmorgan.com/us/en/asset-management/adv/products/jpmorgan-betabuilders-u-s-treasury-bond-20-year-etf-etf-shares-46654q831

Inception Date

Apr 19, 2023

Structure

Open-Ended Fund

Index Tracked

ICE U.S. Treasury 20+ Year Bond Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

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.

BBLB aims to provide exposure to the US Treasury market by tracking an index of long-term US treasury bonds, all selected and weighted using market value. It exclusively holds USD-denominated, fixed-rate securities with more than 20 years until maturity. The fund's objective is to offer low-cost beta exposure while seeking current income. It will use a "representative sampling” method, where it will invest only in chosen securities to approximate the overall portfolio characteristics. Additionally, the index is rebalanced monthly. The fund launched as part of a suite alongside BBIB and BBSB providing short-term and intermediate-term exposures, respectively.