ryasick JPMorgan has been a beast with their exchange-traded fund, or ETF, offerings, and one of the more popular ones designed for investors wanting low volatility income is the JPMorgan Ultra-Short Income ETF ( NYSEARCA: JPST ). This actively managed exchange-traded fund strives to deliver income while maintaining a low volatility of principal, with an attractive yield consistent with most taxable-bond funds. It is an especially useful tool for investors focused on income, such as retirees, who seek stability to help mitigate the impact of market gyrations on their portfolio withdrawals.
JPST does this with limited sensitivity to changes in interest rates by investing at least 80% of its assets in a diversified portfolio of short-term, investment-grade corporate and structured debt securities. The fund is overseen by a team of portfolio managers on the Global Fixed Income, Currency and Commodities team at J.P.
Morgan Asset Management. The fund’s emphasis on short-term securities means that the effects on the portfolio of interest rate changes will be minimized. A Look At The Holdings JPST’s portfolio is very diversified, investing in several types of different fixed-income instruments.
jpmorgan.com The majority are investment grade corporate bonds. These are debt securities issued by corporations with a high credit rating, lowering the probability of default.
These investment-grade corporate bonds, generally pay a higher rate of interest than government bonds while main.
