JPMorgan Active Bond ETF

Frequently Asked Questions About JBND

What does JBND invest in?

The JPMorgan Active Bond ETF (JBND) aims to achieve returns that surpass its benchmark, the Bloomberg U.S. Aggregate Bond Index. This performance goal is assessed by the fund's total return before any fees are deducted, usually over an investment period spanning three to five years, representing a full market cycle. Ordinarily, and as per its investment strategy (though not a rigid core policy), the ETF commits to investing a minimum of 80% of its assets in fixed-income securities.

What is the expense ratio of JBND?

JPMorgan Active Bond ETF (JBND) charges an expense ratio of 0.25%. This is the annual fee deducted from fund assets to cover management and operations.

What is JBND's dividend yield?

JBND's trailing-twelve-month yield is 4.59%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of JBND?

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

What is the credit quality of JBND?

JBND'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 JBND?

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