Symbols

JBND

JPMorgan Active Bond ETF·NYSE

--(--)

Key Stats

Assets Under Management

5.55BUSD

Fund Flows (1Y)

4.18BUSD

Dividend Yield

4.82%

Discount/Premium to NAV

0.33%

Shares Outstanding

103.70M

Expense Ratio

0.25%

About JPMorgan Active Bond ETF

Issuer

J.P. Morgan Investment Management Inc.

Brand

JPMorgan

Home Page

https://am.jpmorgan.com/us/en/asset-management/adv/products/jpmorgan-active-bond-etf-etf-shares-46654q716

Inception Date

Structure

Open-Ended Fund

Index Tracked

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.

JBND aims for high returns through a portfolio composed mainly of intermediate to long-term, investment grade bonds, with a target to outperform a broad US aggregate bond index. Key investments include corporate, Treasury and government bonds, with options for diversification through private placement, mortgage-related, and foreign securities, as well as derivatives. All securities the fund holds are U.S. dollar-denominated. The fund adviser also factors in ESG aspects during the investment decision-making process. Additionally, in periods of market downturn, JBND can shift to cash assets for stability. The fund's goal is to maintain an average weighted portfolio maturity between 4 and 12 years, balancing risk and yield considerations. Being actively managed, the portfolio manager may make buy, sell and hold decisions at their discretion.