Summary
JPHY Chart
JPHY: New Active Bond ETF With Strong Institutional Support
Jpmorgan Active High Yield ETF (JPHY) delivers a 6% yield via a portfolio concentrated in U.S. junk bonds, with 90% below investment grade. JPHY's 6-month track record shows total return slightly trailing the benchmark (SCYB) by 24 bps, but outperforming in price return. With $2B+ AUM at inception and solid trading volume, JPHY exhibits strong market interest despite its short history.
JPHY: High Yield With Active Brain
JPMorgan Active High Yield ETF offers actively managed exposure to US high-yield bonds, aiming for income and capital appreciation through fundamental credit analysis. JPHY's portfolio is diversified across 450+ securities, focusing on BB, B, and CCC-rated bonds, with risk managed via sector, quality, and issuer adjustments. Current macro indicators show a stable liquidity environment and neutral valuations in BB/B tranches, with selective opportunities in CCC, supporting a cautious approach.
JPMorgan Converts Mortgage-Backed Securities Fund to ETF
A new opportunity exists for investors looking to diversify their fixed income portfolios. JPMorgan Asset Management recently launched its newest mutual fund conversion, the JPMorgan Mortgage-Backed Securities ETF (JMTG), on the NYSE Arca.
JPMorgan Active High Yield ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 36,840 | $1.86M | $1.85M | -$10,554 | -0.57% |
 Tyler Glazier New Millennium Group LLC | 7,984 | $403,910.56 | $400,597.2 | -$3,313.36 | -0.82% |
 Andrew Stafford PREVAIL INNOVATIVE WEALTH ADVISORS, LLC | 136,535 | $6.87M | $6.85M | -$18,046.15 | -0.26% |
 Christopher C. Powers Farther Finance Advisors, LLC | 10,729 | $547,393.37 | $538,381.22 | -$9,012.15 | -1.65% |
 Courtney Haddad Concurrent Investment Advisors, LLC | 22,782 | $1.14M | $1.14M | $569.85 | 0.05% |
JPMorgan Active High Yield ETF (JPHY) FAQ
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JPMorgan Active High Yield ETF Profile
| BATS Exchange | US Country |
Overview
This company focuses on providing investors access to the U.S. junk bond market, offering an investment vehicle that tracks the performance of below-investment-grade, U.S. dollar-denominated corporate debt issued in the domestic market. The company's strategy revolves around an index that is capitalization weighted based on the current market value of an issuer’s debt outstanding. This ensures that the investment reflects the real-time dynamics of the junk bond market, catering to investors looking for opportunities beyond investment-grade bonds. With a commitment to invest at least 80% of its assets in securities included in the underlying index, the company aims to closely replicate the index's performance, providing an efficient route for investment in high-yield corporate debt.
Products and Services
- U.S. Dollar Denominated Below Investment Grade Corporate Debt Investment
This product allows investors to engage with the high yield segment of the corporate bond market, focusing on securities that are rated below investment grade, commonly known as "junk" bonds. The offering targets U.S. dollar-denominated debt, providing a focused investment avenue for those looking to diversify their portfolio with higher risk and potential reward opportunities.
- Index-Capitalization Weighted Investment Strategy
The company employs a strategy that weights investments based on the capitalization of an issuer’s outstanding market value of debt, ensuring a dynamic approach that reflects current market conditions. This method prioritizes higher-valued issuers within the index, aiming to yield a representative and efficient market performance measure for investors looking to mirror the U.S. junk bond market dynamics.
