JPIE

JPMorgan Income ETF

$45.86

+0.04 (+0.10%)

AUM $10.20B

Expense Ratio 0.39%

NAV $45.63

Holdings 2580

Asset Class Fixed Income

Inception 10/28/2021

Provider J.P. Morgan

Top Holdings

1 WFC WELLS FARGO & CO VAR 0.21% 2 BAC BANK OF AMERICA CORP VAR 0.13% 3 AVTR AVANTOR 4.625% 07/28 0.10% 4 SGI SOMNIGROUP 4% 04/29 0.09% 5 EPC EDGEWELL 5.5% 06/28 0.09% 6 SAH SONIC 4.625% 11/29 0.07% 7 SCI SERVICE CORP 3.375% 08/30 0.06% 8 GS GOLDMAN SACHS VAR 12/49 0.05% 9 RCKT RCKT MORTGAGE STEP 04/56 0.05% 10 CPS COOPER-STANDA 9.25% 03/31 0.05%

Fund Description

JPIE seeks to produce risk-adjusted income and deliver monthly distributions by investing in a wide range of sectors including asset-backed, mortgage-related, US government-related, and inflation-linked debt. The fund may hold both US- and foreign-issued bonds, which are primarily USD-denominated. JPIE also has the flexibility to invest at least 65% of the funds assets to bonds rated below investment-grade. The fund managers buy and sell decisions are based on fundamental, quantitative and technical factors including potential to generate income and ESG metrics. While JPIE typically invests in multiple markets and sectors, it may focus its investments in only one or a few markets/sectors from time to time. The fund aims to maintain a portfolio duration of 10 years or less. It may also use derivatives to hedge exposure. JPIE is the ETF version of the mutual fund, JPMorgan Income Fund.