JPMorgan Short Duration Core Plus ETF

Frequently Asked Questions About JSCP

What does JSCP invest in?

Under typical market conditions, at least 70% of the fund's portfolio must consist of debt instruments that, at the time of purchase, are either assigned an investment-grade rating by a nationally recognized statistical rating organization (NRSRO) or are judged by the adviser to be of comparable quality despite lacking an official rating. Conversely, the fund will limit its exposure to below-investment-grade securities (or their unrated equivalents) to a maximum of 30% of its net assets during normal circumstances. Additionally, up to 25% of the portfolio's net assets can be invested in foreign-issued debt, which includes obligations from sovereign nations and their agencies.

What is the expense ratio of JSCP?

JPMorgan Short Duration Core Plus ETF (JSCP) charges an expense ratio of 0.33%. This is the annual fee deducted from fund assets to cover management and operations.

What is JSCP's dividend yield?

JSCP's trailing-twelve-month yield is 4.47%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of JSCP?

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

What is the credit quality of JSCP?

JSCP'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 JSCP?

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