JPMorgan BetaBuilders U.S. Aggregate Bond ETF

Frequently Asked Questions About BBAG

What does BBAG invest in?

The reference index for this fund is designed to capture the landscape of U.S. investment-grade, fixed-rate bonds. It incorporates diverse debt categories, such as government and corporate issues, alongside mortgage-backed and asset-backed securities. To maintain alignment, the fund pledges to invest no less than four-fifths of its assets in the very holdings that make up this benchmark.

What is the expense ratio of BBAG?

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG) charges an expense ratio of 0.03%. This is the annual fee deducted from fund assets to cover management and operations.

What is BBAG's dividend yield?

BBAG's trailing-twelve-month yield is 4.50%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BBAG?

Effective duration measures BBAG's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BBAG's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of BBAG?

BBAG's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of BBAG?

Yield to maturity (YTM) is the total return you'd earn from BBAG if every bond in the portfolio is held to maturity at the current price. BBAG's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.