JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF

Frequently Asked Questions About BBIB

What does BBIB invest in?

This ETF aims to mirror the investment performance of its target index, prior to the deduction of fees and expenses. The index itself gauges the performance of U.S. dollar-denominated, fixed-income securities that possess a remaining maturity period of more than three years and up to ten years. A minimum of 80% of the fund's total assets will be allocated to the securities comprising this benchmark index.

What is the expense ratio of BBIB?

JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF (BBIB) charges an expense ratio of 0.04%. This is the annual fee deducted from fund assets to cover management and operations.

What is BBIB's dividend yield?

BBIB's trailing-twelve-month yield is 4.05%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BBIB?

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

What is the credit quality of BBIB?

BBIB'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 BBIB?

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