JPMorgan U.S. Aggregate Bond ETF (JAGG)
JPMorgan U.S. Aggregate Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $47.25, up 0.32% on the session, giving a market capitalisation of $1.39B. Its beta of 1.00 implies it has historically moved less than the broad market.
Under typical conditions, this fund commits at least 80% of its assets to fixed-income instruments denominated in U.S. dollars. It is actively managed with the goal of generating long-term returns. Its core investments consist of a variety of high-quality debt securities, including corporate bonds, U.S. Treasury obligations, other U.S. government and agency securities, and various asset-backed, mortgage-related, and mortgage-backed securities. A key requirement for these investments is that they must carry an investment-grade rating from a nationally recognized statistical rating organization, or, if unrated, be judged to be of comparable quality by the fund's advisor, J.P. Morgan Investment Management Inc.
JPMorgan U.S. Aggregate Bond ETF is most often compared with the following Financial Services names: