JPMorgan Active High Yield ETF (JPHY)
JPMorgan Active High Yield ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $50.19, up 0.16% on the session, giving a market capitalisation of $2.24B. Its beta of 0.12 implies it has historically moved less than the broad market.
This fund primarily focuses on investing in higher-yielding, higher-risk debt instruments. Typically, at least 80% of its capital is dedicated to high-yield securities. For the purpose of this allocation guideline, "assets" encompasses both its net assets and any funds borrowed for investment purposes. The portfolio has the discretion to commit its entire capital, up to 100% of its total assets, to debt classified as below investment grade or those without a credit rating.
JPMorgan Active High Yield ETF is most often compared with the following Financial Services names: