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JPIB

JPMorgan International Bond Opportunities ETF·CBOE
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Key Stats

Assets Under Management
1.47BUSD
Fund Flows (1Y)
911.27MUSD
Dividend Yield
4.67%
Discount/Premium to NAV
0.50%
Shares Outstanding
30.30M
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

Sector

Financial Services

20.68%

Healthcare

13.33%

Technology

12.99%

Industrials

11.22%

Communication Services

10.07%

Consumer Defensive

8.38%

Energy

6.10%

Consumer Cyclical

6.07%

Utilities

4.34%

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Asset

Holdings

Symbol

Ratio

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JPMORGAN U.S. GOVERNMENT

3.02%
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FEDERATIVE 10% 01/27

2.51%
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CANADA BOND 4% 08/26

2.34%
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CANADA BOND 3.25% 06/35

2.34%
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CANADA BOND 3% 02/27

2.25%
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REPUBLIC OF 3.6% 10/35

1.83%

Symbol

Ratio

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UNITED 4.25% 03/36

1.39%
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REPUBLIC OF 9% 01/40

1.35%
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UNITED MEXICAN 8.5% 02/30

1.18%
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COMMONWEALTH 1.25% 05/32

1.06%

Top 10 Weight 19.27%

10 Total Holdings

See all holdings

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