JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF

Frequently Asked Questions About BBCB

What does BBCB invest in?

The fund aims to closely mirror its benchmark index, committing a minimum of 80% of its capital to the securities that comprise it. This benchmark, which is market-capitalization weighted, evaluates the returns of high-quality corporate bonds. These bonds are denominated in U.S. dollars and are publicly offered by companies within the U.S. domestic market. Notably, this underlying index is also a constituent of the broader Bloomberg US Credit and Bloomberg US Aggregate indices.

What is the expense ratio of BBCB?

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) charges an expense ratio of 0.04%. This is the annual fee deducted from fund assets to cover management and operations.

What is BBCB's dividend yield?

BBCB's trailing-twelve-month yield is 5.20%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BBCB?

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

What is the credit quality of BBCB?

BBCB'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 BBCB?

Yield to maturity (YTM) is the total return you'd earn from BBCB if every bond in the portfolio is held to maturity at the current price. BBCB'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.