J.P. Morgan Asset Management announced the launch of a new actively managed fixed income ETF, JPMorgan Active Bond ETF (JBND), on the NYSE Arca. Focused on adding value for investors, JBND employs a bottom-up, value-oriented approach that emphasized security selection.
“We have always been focused on providing investors with value through carefully selecting bonds of the highest quality,” said Richard Figuly, Core Bond Portfolio Manager at J.P. Morgan Asset Management. “We are thrilled to be able to offer our clients this strategy through an innovative ETF wrapper.”
JPMorgan Active Bond ETFÂ seeks to maximize total return by investing primarily in a diversified portfolio of intermediate-and long-term debt securities, with a focus on securitized debt. JBND utilizes the same team and philosophy as the JPMorgan Core Bond Fund.
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Aiming to outperform the Bloomberg US Aggregate Bond Index over a three to five year market cycle, JBND focuses on a value-driven approach that emphasizes intermediate bonds of the highest quality.
JBND leverages the expertise of a team of J.P. Morgan Asset Management’s Global Fixed Income, Currency & Commodities (GFICC) portfolio managers with over 70 years of experience. The lead portfolio managers are Richard Figuly, Managing Director, Justin Rucker, Managing Director, Andrew Melchiorre, Managing Director, and Edward Fitzpatrick III, Managing Director.
“Listening to investors, they are looking for active fixed income solutions to navigate a tricky fixed income environment,” said Bryon Lake, J.P. Morgan Asset Management Global ETF Solutions. “Being able to deliver our strong Core Bond investment team capabilities through the ETF wrapper is excellent innovation for our clients. JBND is a flagship addition to our active ETF capabilities.”
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