JPIB
JPMorgan International Bond Opportunities ETF·CBOE
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Key Stats
Assets Under Management
1.87BUSD
Fund Flow (1Y)
1.29BUSD
Dividend Yield
5.35%
Discount / Premium to NAV
0.33%
Shares Outstanding
39.40M
Expense Ratio
0.50%
About JPMorgan International Bond Opportunities ETF
Issuer
J.P. Morgan Investment Management Inc.
Brand
JPMorgan
Inception Date
Apr 5, 2017
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
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.
JPIB allows for significant flexibility in sector and duration exposure to account for changing market conditions. The fund seeks to provide total return while actively managing for risk through diversification. Expect to see bonds from across the globe ranging from emerging to developed markets, outside of the US. Because JPIB is not tied to an underlying index, the manager has broad discretion to dynamically shift the investments based on changing market conditions. This can include modifying the fund's strategies, as well as sector, country, or currency exposure. The fund aims for a duration of eight years, although the manager reserves the right to vary duration as changing conditions warrant. Prior to Sept 14, 2020, the fund included securities from US issuers and traded under the ticker: JPGB.
Classification
Asset Class
Fixed Income
Category
Broad Market, Broad-based
Focus
Broad Credit
Niche
Broad Maturities
Strategy
Active
Geography
Global ex-U.S.
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Analysis
Asset
No Data Available
Holdings
Symbol
Ratio
JPMORGAN U.S. GOVERNMENT
3.67%
FEDERAL 2.1% 03/28
2.99%
CANADA BOND 4% 08/26
2.82%
CANADA BOND 3.25% 06/35
2.50%
FEDERATIVE 10% 01/31
2.00%
Symbol
Ratio
CANADA BOND 3% 02/27
1.76%
REPUBLIC OF 3.6% 10/35
1.38%
UNITED 7.75% 11/34
1.24%
REPUBLIC OF 9% 01/40
1.21%
UNITED STATES 3.5% 02/31
1.11%
Top 10 Weight 20.68%
961 Total Holding
See all holdings
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