JPMorgan Mortgage-Backed Securities ETF

Frequently Asked Questions About JMTG

What does JMTG invest in?

This Exchange Traded Fund (ETF) concentrates its holdings mainly in mortgage-backed securities. It maintains a varied selection of fixed-income instruments, which are secured by aggregations of both government-backed and privately-issued loans tied to residential and commercial real estate.

What is the expense ratio of JMTG?

JPMorgan Mortgage-Backed Securities ETF (JMTG) charges an expense ratio of 0.24%. This is the annual fee deducted from fund assets to cover management and operations.

What is JMTG's dividend yield?

JMTG's trailing-twelve-month yield is 4.34%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of JMTG?

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

What is the credit quality of JMTG?

JMTG'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 JMTG?

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