JBND

JPMorgan Active Bond ETF

$54.06
+0.00%
Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The JPMorgan Active Bond ETF seeks to provide total return by investing in a diversified portfolio of fixed income securities.

Overview

ETF tracking JPMorgan Active Bond ETF

Issuer Other
Inception Date 2024-01-30
Market Cap $3.2B
Average Volume N/A
Dividend Yield 3.67%
52-Week Range $51.74 - $54.74
VWAP $54.09

Performance

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Investment Summary

📎 Investment Objective

The JPMorgan Active Bond ETF seeks to provide total return by investing in a diversified portfolio of fixed income securities.

🎯 Investment Strategy

The fund is actively managed, meaning the portfolio managers use their expertise to select a mix of bonds they believe will outperform the broader bond market. The managers have flexibility to adjust the fund's holdings based on their market outlook and assessment of relative value opportunities.

✨ Key Features

  • Actively managed fixed income portfolio with the potential for higher returns than passive bond index funds
  • Broad exposure to a range of fixed income asset classes, including government, corporate, and mortgage-backed securities
  • Experienced portfolio management team with the ability to tactically position the fund based on market conditions
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Interest rate risk: The fund's holdings may decline in value if interest rates rise
  • Credit risk: The fund is exposed to the risk of bond issuers defaulting on their debt obligations
  • Liquidity risk: Some of the fund's holdings may be difficult to sell quickly at fair market value
  • Active management risk: The fund's performance depends on the skill of the portfolio managers in selecting securities

👤 Best For

The JPMorgan Active Bond ETF may be suitable for investors seeking exposure to a diversified fixed income portfolio with the potential for higher returns than passive bond index funds. It may be appropriate as a core bond holding or as a complement to a broader investment portfolio. Investors should have a medium-term investment horizon and be comfortable with the risks associated with actively managed bond funds.