Key stats
About J.P. Morgan Exchange-Traded Fund Trust JPMorgan Active Bond ETF
Expense ratio
0.30%
Home page
Inception date
Oct 11, 2023
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 funds 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.
Classification
What's in the fund
Exposure type
Securitized
Government
Corporate
Bonds, Cash & Other100.00%
Securitized52.38%
Government24.36%
Corporate15.88%
Cash7.09%
Miscellaneous0.23%
Mutual fund0.06%