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Name

As of 05/07/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

JPMorgan BetaBuilders U.S. Aggregate Bond ETF

BBAG | Active ETF

$45.08

$1.65 B

4.16%

$1.87

0.03%

Vitals

YTD Return

-1.7%

1 yr return

0.3%

3 Yr Avg Return

-3.3%

5 Yr Avg Return

-0.1%

Net Assets

$1.65 B

Holdings in Top 10

12.5%

52 WEEK LOW AND HIGH

$45.0
$43.05
$46.94

Expenses

OPERATING FEES

Expense Ratio 0.03%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 05/07/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

JPMorgan BetaBuilders U.S. Aggregate Bond ETF

BBAG | Active ETF

$45.08

$1.65 B

4.16%

$1.87

0.03%

BBAG - Profile

Distributions

  • YTD Total Return -1.7%
  • 3 Yr Annualized Total Return -3.3%
  • 5 Yr Annualized Total Return -0.1%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 4.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    JPMorgan BetaBuilders U.S. Aggregate Bond ETF
  • Fund Family Name
    JPMorgan Funds
  • Inception Date
    Dec 12, 2018
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The Fund seeks investment results that closely correspond, before fees and expenses, to the performance of the Bloomberg U.S. Aggregate Bond Index (the Underlying Index), which represents securities that are SEC-registered, taxable, and US dollar denominated. The Underlying Index covers the U.S. investment grade fixed rate bond market, with index components for government and corporate securities, mortgage pass-through securities, and asset-backed securities. Bloomberg Index Services Limited is the index provider for the Underlying Index (the Index Provider). The Fund will invest at least 80% of its Assets in securities included in the Underlying Index. “Assets” means net assets, plus the amount of borrowings for investment purposes. The Fund will provide shareholders with at least 60 days prior notice of any change in this policy. As of May 31, 2023 the effective duration of the Underlying Index was 6.34 years.As part of its principal strategy, the Fund invests in corporate bonds structured as corporate debt securities, U.S. dollar denominated foreign debt securities, asset-backed securities, mortgage-backed securities, mortgage dollar rolls, and U.S. Government obligations, which may include direct obligations of the U.S. Treasury, including Treasury bills, notes and bonds.Beta is a measure of the volatility of a security or a portfolio relative to a market benchmark. The term “BetaBuilders” in the Fund’s name conveys the intended outcome of providing investors with passive exposure and return that generally correspond to a market cap weighted benchmark. The Fund, along with other JPMorgan BetaBuilders Funds, can be used to help an investor build a portfolio of passive exposure to various markets.The Fund, using a “passive” or indexing investment approach, attempts to closely correspond to the performance of the Underlying Index. Unlike many actively-managed funds, the Fund does not seek to outperform the Underlying Index and does not seek temporary defensive positions when markets decline or appear overvalued.The Fund intends to utilize a “representative sampling” strategy whereby securities are chosen in order to attempt to approximate the investment characteristics of the constituent securities. Targeted investment characteristics of the collective portfolio include asset class exposure, industry weightings, liquidity, and other fixed income specific attributes (such as yield, duration, credit quality, spread and maturity). Even when the Fund utilizes representative sampling, it must still invest at least 80% of its Assets in securities included in the Underlying Index. The Fund’s portfolio will be rebalanced monthly in accordance with the monthly rebalancing of the Underlying Index.The Fund will primarily invest in bonds that are included in the Bloomberg U.S. Aggregate Bond Index, but may invest in bonds that are not included in the Bloomberg U.S. Aggregate Bond Index.The Fund may invest in Mortgage TBAs. Mortgage TBAs provide for the forward or delayed delivery of the underlying instrument with settlement up to 180 days. The term TBA comes from the fact that the actual mortgage-backed security that will be delivered to fulfill a TBA trade is not designated at the time the trade is made, but rather is announced 48 hours before the settlement date.The Fund may invest in debt obligations, denominated in U.S. dollars, that are issued by a foreign corporation or a U.S. affiliate of a foreign corporation or a foreign government or its agencies and instrumentalities.The Fund will not invest in asset classes that are not present in the Underlying Index. The Fund will not invest in debt securities that are rated below investment grade (i.e., high yield and junk bonds).The Fund will not invest more than 25% of the value of its total assets in the securities of companies conducting their principal business activities in the same industry.
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BBAG - Performance

Return Ranking - Trailing

Period BBAG Return Category Return Low Category Return High Rank in Category (%)
YTD -1.7% N/A N/A N/A
1 Yr 0.3% N/A N/A N/A
3 Yr -3.3%* N/A N/A N/A
5 Yr -0.1%* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period BBAG Return Category Return Low Category Return High Rank in Category (%)
2023 1.6% N/A N/A N/A
2022 -15.1% N/A N/A N/A
2021 -3.2% N/A N/A N/A
2020 4.9% N/A N/A N/A
2019 5.2% N/A N/A N/A

Total Return Ranking - Trailing

Period BBAG Return Category Return Low Category Return High Rank in Category (%)
YTD -1.7% N/A N/A N/A
1 Yr 0.3% N/A N/A N/A
3 Yr -3.3%* N/A N/A N/A
5 Yr -0.1%* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period BBAG Return Category Return Low Category Return High Rank in Category (%)
2023 5.4% N/A N/A N/A
2022 -13.3% N/A N/A N/A
2021 -1.8% N/A N/A N/A
2020 7.1% N/A N/A N/A
2019 8.3% N/A N/A N/A

BBAG - Holdings

Concentration Analysis

BBAG Category Low Category High BBAG % Rank
Net Assets 1.65 B N/A N/A N/A
Number of Holdings 2574 N/A N/A N/A
Net Assets in Top 10 207 M N/A N/A N/A
Weighting of Top 10 12.55% N/A N/A N/A

Top 10 Holdings

  1. JPMorgan U.S. Government Money Market Fund, Class IM 5.34%
  2. U.S. Treasury Notes 1.28%
  3. U.S. Treasury Notes 0.96%
  4. U.S. Treasury Notes 0.92%
  5. U.S. Treasury Notes 0.87%
  6. FNMA/FHLMC UMBS, Single Family, 30 Year 0.78%
  7. FNMA/FHLMC UMBS, Single Family, 30 Year 0.63%
  8. GNMA II, Single Family, 30 Year 0.62%
  9. GNMA II, Single Family, 30 Year 0.58%
  10. U.S. Treasury Notes 0.57%

Asset Allocation

Weighting Return Low Return High BBAG % Rank
Bonds 		98.74% N/A N/A N/A
Cash 		5.81% N/A N/A N/A
Other 		0.50% N/A N/A N/A
Stocks 		0.00% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A

Bond Sector Breakdown

Weighting Return Low Return High BBAG % Rank
Cash & Equivalents 		5.81% N/A N/A N/A
Derivative 		0.00% N/A N/A N/A
Securitized 		0.00% N/A N/A N/A
Corporate 		0.00% N/A N/A N/A
Municipal 		0.00% N/A N/A N/A
Government 		0.00% N/A N/A N/A

Bond Geographic Breakdown

Weighting Return Low Return High BBAG % Rank
US 		98.74% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

BBAG - Expenses

Operational Fees

BBAG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.03% N/A N/A N/A
Management Fee 0.03% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

BBAG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

BBAG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

BBAG Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

BBAG - Distributions

Dividend Yield Analysis

BBAG Category Low Category High BBAG % Rank
Dividend Yield 4.16% N/A N/A N/A

Dividend Distribution Analysis

BBAG Category Low Category High Category Mod
Dividend Distribution Frequency Monthly

Net Income Ratio Analysis

BBAG Category Low Category High BBAG % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

BBAG Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

BBAG - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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