JMTG

JPMorgan Mortgage-Backed Securities ETF

$51.02

+0.00%

Market closed. Last update: 12:35 PM ET

📎 Investment Objective

The JPMorgan Mortgage-Backed Securities ETF (JMTG) seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg U.S. Mortgage Backed Securities Index.

Overview

ETF tracking JPMorgan Mortgage-Backed Securities ETF

Category Real Estate

Issuer Other

Inception Date 2025-06-30

Market Cap $6.0B

Average Volume N/A

Dividend Yield 1.40%

52-Week Range $49.68 - $51.58

VWAP $51.05

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests primarily in mortgage-backed securities (MBS) issued or guaranteed by U.S. government agencies or government-sponsored enterprises. The fund's portfolio is designed to track the performance of the underlying index by holding a representative sample of the securities in the index.

✨ Key Features

Exposure to the U.S. mortgage-backed securities market
Passively managed to track the Bloomberg U.S. Mortgage Backed Securities Index
Low expense ratio of 0.00%
Relatively low risk profile compared to other fixed income sectors

⚠️ Primary Risks

Interest rate risk: The value of the fund's holdings may decline when interest rates rise
Prepayment risk: Mortgage-backed securities are subject to the risk that homeowners will refinance their mortgages at lower interest rates, reducing the value of the fund's holdings
Credit risk: The fund is exposed to the creditworthiness of the government agencies and enterprises that issue or guarantee the mortgage-backed securities
Liquidity risk: The mortgage-backed securities market may experience periods of reduced liquidity, which could affect the fund's ability to sell its holdings

👤 Best For

This ETF may be suitable for investors seeking exposure to the U.S. mortgage-backed securities market as part of a diversified fixed income portfolio. It may be particularly attractive for investors with a conservative risk profile who are looking for a low-cost, passively managed option in the mortgage-backed securities sector.