Key stats
About J.P. Morgan Exchange-Traded Fund Trust JPMorgan Active High Yield ETF
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Inception date
Jun 24, 2025
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
JPMorgan Investment Management, Inc.
Distributor
JPMorgan Distribution Services, Inc.
JPHY aims to outperform its benchmark by actively managing a portfolio of high yield fixed income securities. The fund may allocate fully to junk bonds but limits its investment in other securities, such as investment-grade rated bonds at 20%. It may hold bonds issued by both domestic and foreign issuers given that the securities are USD-denominated. The adviser actively manages the fund but considers several factors regarding issuer, risks, opportunities, credit, and ESG to overweight and underweight its allocation. The fund seeks a high level of income and aims to maintain a weighted average portfolio maturity between three and ten years. It may also utilize derivatives including futures contracts, options and swaps for hedging investments and managing risks.
Related funds
Classification
What's in the fund
Exposure type
Corporate
Stock breakdown by region
Top 10 holdings
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
JPHY trades at 50.49 USD today, its price has fallen −0.01% in the past 24 hours. Track more dynamics on JPHY price chart.
JPHY net asset value is 50.34 today — it's risen 0.40% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
JPHY assets under management is 2.01 B USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
JPHY price has risen by 0.60% over the last month, and its yearly performance shows a 0.48% increase. See more dynamics on JPHY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.40% over the last month, showed a 0.40% increase in three-month performance and has decreased by −0.87% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.40% over the last month, showed a 0.40% increase in three-month performance and has decreased by −0.87% in a year.
JPHY fund flows account for 5.02 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
JPHY invests in bonds. See more details in our Analysis section.
JPHY expense ratio is 0.45%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, JPHY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, JPHY doesn't pay dividends to its holders.
JPHY trades at a premium (0.43%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
JPHY shares are issued by JPMorgan Chase & Co.
JPHY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 24, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.