- What does JPRF invest in?
- The JPMorgan Preferred and Income Securities ETF is an actively managed fund that seeks to provide a high level of current income and total return by investing primarily in preferred and hybrid securities, including traditional preferred stock, convertible preferred stock, trust preferred securities, and contingent convertible securities issued by U.S. and foreign companies, particularly within the financial sector. The Fund converted from an open-end mutual fund (JPMorgan Preferred and Income Securities Fund) into ETF form in the second quarter of 2026, as part of J.P. Morgan Asset Management's broader initiative to convert select mutual funds -- representing roughly $4.6 billion in combined assets -- into the ETF structure for greater trading flexibility, portfolio transparency, and tax efficiency.
- What is the expense ratio of JPRF?
- JPMorgan Preferred and Income Securities ETF (JPRF) charges an expense ratio of 0.55%. This is the annual fee deducted from fund assets to cover management and operations.
- What is JPRF's dividend yield?
- JPRF's trailing-twelve-month yield is 0.46%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of JPRF?
- Effective duration measures JPRF's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. JPRF's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of JPRF?
- JPRF'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 JPRF?
- Yield to maturity (YTM) is the total return you'd earn from JPRF if every bond in the portfolio is held to maturity at the current price. JPRF'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.
