JPMorgan Core Plus Bond ETF

Frequently Asked Questions About JCPB

What does JCPB invest in?

JCPB is a fixed income fund that allows itself a very wide variety of bonds in its portfolio to pursue a high level of current income. The ETF is actively-managed, and will consist of at least 65% investment grade securities, allowing for up to 35% below-investment grade, including distressed debt. The funds weighted average maturity will range between 5 and 20 years, and does not limit the geography or currency of its constituents. The fund may invest a significant portion of its assets in mortgage-related and mortgage-backed securities at the advisers discretion.

What is the expense ratio of JCPB?

JPMorgan Core Plus Bond ETF (JCPB) charges an expense ratio of 0.37%. This is the annual fee deducted from fund assets to cover management and operations.

What is JCPB's dividend yield?

JCPB's trailing-twelve-month yield is 4.95%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of JCPB?

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

What is the credit quality of JCPB?

JCPB'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 JCPB?

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