J.P. Morgan Exchange-Traded Fund Trust JPMorgan Limited Duration Bond ETF
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About J.P. Morgan Exchange-Traded Fund Trust JPMorgan Limited Duration Bond ETF
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Inception date
Jul 28, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
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.
JPLD aims to achieve a high level of income by investing in a portfolio of fixed and floating rate asset-backed, mortgage-backed, and mortgage-related securities as well as money market instruments, and structured investments. The fund targets a duration of three years or less, which may be extended in volatile market conditions. The funds securities are rated investment grade and denominated in U.S. dollars. The adviser takes a long-term, value-oriented approach in its stock selection process, while also taking into account ESG considerations for certain issuers in its investment universe. The fund has the flexibility to allocate up to 25% of its portfolio to sub-prime mortgage related securities and may utilize derivatives for managing duration, sector exposure, yield curve and risk mitigation. The portfolio manager has full discretion to buy, sell, and hold decisions. On July 28, 2023, JPLD converted from a mutual fund to an actively managed ETF with $1.01 billion in assets.
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Classification
What's in the fund
Exposure type
Securitized
Corporate
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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.
JPLD trades at 51.98 USD today, its price has fallen −0.02% in the past 24 hours. Track more dynamics on JPLD price chart.
JPLD net asset value is 51.89 today — it's risen 0.52% 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.
JPLD assets under management is 1.77 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.
JPLD price has risen by 0.41% over the last month, and its yearly performance shows a 1.86% increase. See more dynamics on JPLD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.52% over the last month, showed a 0.99% increase in three-month performance and has increased by 6.25% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.52% over the last month, showed a 0.99% increase in three-month performance and has increased by 6.25% in a year.
JPLD fund flows account for 1.05 B 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.
JPLD invests in bonds. See more details in our Analysis section.
JPLD expense ratio is 0.24%. 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, JPLD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, JPLD technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating JPLD shows the buy signal. See more of JPLD technicals for a more comprehensive analysis.
Today, JPLD technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating JPLD shows the buy signal. See more of JPLD technicals for a more comprehensive analysis.
Yes, JPLD pays dividends to its holders with the dividend yield of 4.30%.
JPLD trades at a premium (0.17%).
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.
JPLD shares are issued by JPMorgan Chase & Co.
JPLD 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 Jul 28, 2023.
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.