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JPHY

50.44000 USD
0.055
0.11%
Last update Jul 11, 3:52 PM EDT
Market closed
Day range
50.40000
50.48000
Previous close
50.49500
Open
50.48000
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JPMorgan Active High Yield ETF
50.44
0.06
0.11%

Overview

Description

The JPMorgan Active High Yield ETF is an actively managed exchange-traded fund that primarily invests in high-yield bonds. These bonds, often called 'junk bonds' due to their lower credit ratings, generally offer higher interest rates compared to more traditional, investment-grade bonds. The main purpose of this ETF is to provide investors with exposure to a diversified portfolio of high-yield corporate bonds while aiming for an attractive level of yield income. JPHY strategically selects bonds from various issuers, sectors, and regions, balancing the pursuit of higher yields with risk management considerations. This strategy allows the ETF to adapt flexibly to changing market conditions and credit cycles, potentially outperforming passive index funds in volatile environments. Through its selection and allocation process, the JPMorgan Active High Yield ETF plays a crucial role in fixed-income portfolios, offering both income generation and diversification for investors seeking exposure to the high-yield bond market within a single, easily tradable product. Moreover, being part of JPMorgan's suite of investment products, it benefits from the firm's extensive market research and credit analysis capabilities.

About

Address
Phone
NA
Website
Instrument type
ETF
Country
United States
MIC code
BATS
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 15 hours 56 minutes

12:03
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).