JPMorgan Core Plus Bond ETF (JCPB) — ()
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JPMorgan Expands Fixed Income Lead With Record High-Yield ETF Launch
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Sentiment: Positive ()
JPMorgan, already the largest manager of actively managed fixed income ETFs, expanded its capabilities with a splash today. The JPMorgan Active High Yield ETF (JPHY) began trading today with the …
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About JPMorgan Core Plus Bond ETF JCPB
As a matter of non-fundamental policy, the fund will ordinarily invest at least 80% of its assets in bonds. The fund's average weighted maturity will ordinarily range between five and twenty years. The balance of the fund's assets are not required to meet any minimum quality rating although the fund will not, under normal circumstances, invest more than 30% of its assets in below investment grade securities (or the unrated equivalent).