JPLD

JPMorgan Limited Duration Bond ETF

$52.36

+0.00%

Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The JPMorgan Limited Duration Bond ETF (JPLD) seeks to provide current income while maintaining a relatively short duration portfolio.

Overview

ETF tracking JPMorgan Limited Duration Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2023-07-31

Market Cap $2.9B

Average Volume N/A

Dividend Yield 3.51%

52-Week Range $51.36 - $52.59

VWAP $52.38

Performance

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Investment Summary

📎 Investment Objective

The JPMorgan Limited Duration Bond ETF (JPLD) seeks to provide current income while maintaining a relatively short duration portfolio.

🎯 Investment Strategy

The fund invests primarily in a diversified portfolio of investment-grade fixed income securities, including U.S. government, corporate, and securitized bonds, with an average duration of 1-3 years. The portfolio is actively managed to maintain a short duration profile while seeking to generate consistent income.

✨ Key Features

Focuses on investment-grade fixed income securities with a limited duration profile
Actively managed to maintain a short average duration of 1-3 years
Seeks to provide current income while managing interest rate risk
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The fund's value may decline due to rising interest rates
Credit risk: The fund is exposed to the risk of default by the issuers of the bonds it holds
Liquidity risk: The fund may have difficulty selling certain securities at an advantageous time and price
Reinvestment risk: When interest rates fall, the fund may have to reinvest coupon payments or proceeds from sales of securities at lower rates

👤 Best For

The JPMorgan Limited Duration Bond ETF may be suitable for investors seeking current income and lower interest rate sensitivity in their fixed income allocation. It may be particularly appropriate for investors with a shorter investment horizon or those looking to manage duration risk in their portfolio.