JPMorgan Active Bond ETF (JBND)
JPMorgan Active 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 $52.80, up 0.29% on the session, giving a market capitalisation of $8.59B. Its beta of 0.19 implies it has historically moved less than the broad market.
The JPMorgan Active Bond ETF (JBND) aims to achieve returns that surpass its benchmark, the Bloomberg U.S. Aggregate Bond Index. This performance goal is assessed by the fund's total return before any fees are deducted, usually over an investment period spanning three to five years, representing a full market cycle. Ordinarily, and as per its investment strategy (though not a rigid core policy), the ETF commits to investing a minimum of 80% of its assets in fixed-income securities.
JPMorgan Active Bond ETF is most often compared with the following Financial Services names: