# JPMorgan Preferred and Income Securities ETF (JPRF): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/jprf for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: J.P. Morgan · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 2022-03-31 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 Managem... ## Key Facts | Metric | Value | |---|---| | Price | $47.96 | | Expense Ratio | 0.61% | | Assets Under Management | $2.19B | | NAV | $47.97 | | Holdings Count | 200 | | Distribution Yield (TTM) | 1.44% | | Annual Distribution (TTM) | $0.69 /share | | Distribution Frequency | Monthly | | 52-Week Range | $47.83 – $50.34 | | Beta | 0.72 | ## Latest Distribution - Amount: $0.2339 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-05 ## Frequently Asked Questions ### 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 0.61%. 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 1.44%, 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. ### Does JPRF pay a dividend? Yes, JPMorgan Preferred and Income Securities ETF (JPRF) distributes dividends to shareholders. The trailing-twelve-month yield is 1.44%. Full dividend history is on this page. ### How often does JPRF pay dividends? JPMorgan Preferred and Income Securities ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is JPRF's next ex-dividend date? The most recently announced ex-dividend date for JPRF was 2026-10-01. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will JPRF's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.61% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does JPRF charge its expense ratio? The expense ratio is deducted in tiny daily slices from JPRF's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does JPRF cost more than a fund like VOO? JPRF is actively managed (current expense ratio 0.61%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether JPRF's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to JPRF? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as JPRF (0.61%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/jprf - Distribution history: https://www.dividenddata.com/funds/jprf/dividend - Holdings & diversification: https://www.dividenddata.com/funds/jprf/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/jprf/expenses - Peer comparison: https://www.dividenddata.com/funds/jprf/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.