# Product Facts - JPMorgan Core Plus Bond ETF > Audience: country=us, language=en, role=adv. > Generated: 2026-10-02T13:10:25.169115340Z. ## Identity - **Fund Name**: JPMorgan Core Plus Bond ETF - **Share Class Name**: JPMorgan Core Plus Bond ETF - **Product Page**: [Product Page](https://am.jpmorgan.com/us/en/asset-management/adv/products/jpmorgan-core-plus-bond-etf-etf-shares-46641q670) - **Ticker**: JCPB - **CUSIP**: 46641Q670 - **Fund Type**: ETF - **Asset Class**: Fixed Income Taxable - **Fund Inception Date**: 01/28/2019 - **Investment Objective**: The Fund may principally invest in corporate bonds, U.S. treasury obligations and other U.S. government and agency securities and asset-backed, mortgage-related and mortgage-backed securities. ## Fund Facts - **Ticker**: JCPB - **CUSIP**: 46641Q670 - **Asset Class**: Fixed Income Taxable - **Fund Inception Date**: 01/28/2019 - **Exchange**: NYSE-Arca - **ESG Approach**: Integrated [Disclosure 1] ## Fund Stats - **NAV As of 10/01/2026**: $44.53 - **NAV Change ($) As of 10/01/2026**: $-0.11 - **NAV Change (%) As of 10/01/2026**: -0.25% - **Closing Price As of 10/01/2026**: $44.64 - **Closing Price Change ($) As of 10/01/2026**: $-0.14 - **Closing Price Change (%) As of 10/01/2026**: -0.31% - **Discount/Premium As of 10/01/2026**: 0.24% - **Median Bid/Ask Spread As of 10/01/2026**: 0.02% [Disclosure 2] - **Daily High As of 10/01/2026**: $44.74 - **Daily Low As of 10/01/2026**: $44.40 - **30 Day SEC Yield As of 08/31/2026**: 4.96% - **30 Day SEC Yield Unsubsidized As of 08/31/2026**: 4.92% - **Dividend Yield As of 08/31/2026**: 4.88% - **12-Month Rolling Dividend Yield As of 10/01/2026**: 4.86% - **Daily - 30 Day SEC Yield As of 09/30/2026**: 5.29% - **Daily - 30 Day SEC Yield Unsubsidized As of 09/30/2026**: 5.25% - **Yield to Maturity Gross As of 08/31/2026**: 5.97% [Disclosure 3] - **Yield to Maturity Net As of 08/31/2026**: 5.60% [Disclosure 3] - **Fund Assets As of 10/01/2026**: $15.23bn - **Shares Outstanding As of 10/01/2026**: 342,100,000 - **Exchange Volume As of 10/01/2026**: 6079556 [Disclosure 4] - **Number of Holdings As of 10/01/2026**: 2,814 - **YTD As of 10/01/2026**: -2.22% - **Market Price Returns As of 10/01/2026**: -2.24% ## Portfolio Managers ### Kay Herr - **In the industry**: 32 years - **With J.P. Morgan**: 27 years - **Managing this fund**: 3 years ### Richard Figuly - **In the industry**: 33 years - **With J.P. Morgan**: 33 years - **Managing this fund**: 7 years ### Andrew Norelli - **In the industry**: 25 years - **With J.P. Morgan**: 14 years - **Managing this fund**: 7 years ### Thomas Hauser - **In the industry**: 33 years - **With J.P. Morgan**: 22 years - **Managing this fund**: 6 years ### Priya Misra - **In the industry**: 25 years - **With J.P. Morgan**: 3 years - **Managing this fund**: 2 years ### Vikas Pathani - **In the industry**: 22 years - **With J.P. Morgan**: 22 years - **Managing this fund**: 1 year ## Commentary **As of **: 06/30/2026 ### Topline Benchmark Bloomberg US Aggregate Index Markets In the second quarter, risk sentiment improved, as Middle East tensions continued to de-escalate, and oil prices retraced after peaking in April. Rates moved modestly higher. The 10-year U.S. Treasury yield ended the quarter at 4.47%, up from 4.31% at March-end, as markets weighed energy-driven inflation volatility, resilient growth, and a Federal Reserve (Fed) that remained on hold but adopted a more hawkish tone. Helped Securitized credit (asset-backed securities (ABS), commercial mortgage-backed securities (CMBS), non-agency mortgage-backed securities (MBS), high yield corporate credit and emerging markets (EM debt), were positive contributors. Hurt Duration and curve positioning detracted from performance. Outlook Our base case remains continued expansion, with risks modestly skewed to the upside as geopolitical tensions have eased, and energy has become less of an inflation impulse. We expect the Fed to remain on hold through year-end and see the 10-year U.S. Treasury trading in a 4.25%–4.625% range, while monitoring labor market conditions and the durability of AI-driven growth. ### Quarter in Review The JPMorgan Core Plus Bond ETF (JCPB) outperformed its benchmark, the Bloomberg US Aggregate Index, in the second quarter of 2026. The ETF's allocation to securitized credit was the primary driver of excess return, led by strong carry in ABS and CMBS. An out-of-benchmark allocation to high yield corporates added value, supported by healthy balance sheets, solid revenue and EBITDA growth, and broad-based spread tightening. Emerging markets debt contributed as spreads tightened, aided by resilient global growth and easing energy-related concerns later in the second quarter. Investment-grade corporate credit performance was flat. An underweight versus the benchmark modestly detracted, partially offset by strong security selection. We continue to favor financials, where we see attractive carry opportunities. Duration and curve positioning detracted as rates ended modestly higher. The Fund reduced its duration overweight, finishing June at 6.03 years versus 5.84 years for the benchmark. ### Looking Ahead We are cautiously optimistic and increased the probability of continued expansion (and reduced contraction risk) as Middle East de-escalation lowers the odds of another oil spike. However, uncertainty remains around the concentration of growth in AI-linked activity and the lagged effects of prior energy/tariff shocks. We expect the Fed to remain on hold through year-end and see the10-year U.S. Treasury trading in a 4.25%–625% range. In the current environment, we continue to emphasize carry-oriented exposures, including securitized credit for diversified yield and structural enhancement, and selective corporate credit risk with an up-in-quality tilt, while maintaining a modest duration overweight as a hedge against risk assets. ## Documents - [Factsheet: JPMorgan Core Plus Bond ETF](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fact-sheet/etfs/FS-JCPB.PDF) - [Fund Story: Core Plus Bond ETF (JCPB)](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/fund-story/STO-JCPB.pdf) - [Commentary: Core Plus Bond ETF](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/commentary/FC-JCPB.PDF) - [Morningstar: JPMorgan Core Plus Bond ETF](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/literature/morningstar-report/REP-MS-JCPB.pdf) - [ETF Dividend Calendar 2026](https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/supplemental/income-distribution-rates/jpmorgan-etfs-2026-distribution-notice.pdf) - [Summary Prospectus](https://am.jpmorgan.com/JPMorgan/TVT/46641Q670/SP?site=JPMorganv3) - [Prospectus](https://am.jpmorgan.com/JPMorgan/TVT/46641Q670/P?site=JPMorganv3) - [Annual Report to Shareholders](https://am.jpmorgan.com/JPMorgan/TVT/46641Q670/AR?site=JPMorganv3) - [Annual Financial Statements and Other Information](https://am.jpmorgan.com/JPMorgan/TVT/46641Q670/NCSR?site=JPMorganv3) - [Semi-Annual Report to Shareholders](https://am.jpmorgan.com/JPMorgan/TVT/46641Q670/SAR?site=JPMorganv3) - [Semi-Annual Financial Statements and Other Information](https://am.jpmorgan.com/JPMorgan/TVT/46641Q670/NCSRS?site=JPMorganv3) - [First Quarter Holding](https://am.jpmorgan.com/JPMorgan/TVT/46641Q670/QH1?site=JPMorganv3) - [Third Quarter Holding](https://am.jpmorgan.com/JPMorgan/TVT/46641Q670/QH3?site=JPMorganv3) - [Statement of Additional Information](https://am.jpmorgan.com/JPMorgan/TVT/46641Q670/S?site=JPMorganv3) - [Annual Report Of Proxy Voting](https://am.jpmorgan.com/JPMorgan/TVT/46641Q670/NPX?site=JPMorganv3) ## Disclosures 1. This Fund considers financially material environmental, social and governance ("ESG") factors as part of the Fund's investment process. In actively managed assets deemed by J.P. Morgan Asset Management to be ESG integrated under our governance process, we systematically assess financially material ESG factors amongst other factors in our investment decisions with the goals of managing risk and improving long-term returns. ESG integration does not change a strategy's investment objective, exclude specific types of companies or constrain a strategy's investable universe. 2. The median bid-ask spread is calculated by identifying national best bid and national best offer ("NBBO") for each Fund as of the end of each 10 second interval during each trading day of the last 30 calendar days, or since the listing date of each Fund if shorter, and dividing the difference between each such bid and offer by the midpoint of the NBBO. The median of those values is identified and posted on each business day. 3. Yield to maturity (YTM): is the estimated total return anticipated on a bond or other obligation if the obligation is held until maturity and if all payments are made as scheduled. Gross YTM is calculated by averaging the YTM of each obligation held in the portfolio (including, if any, convertible bonds, preferred securities and derivatives) on a market weighted basis without the deduction of fees and expenses. Unlike SEC Yield, Gross YTM is a representation of the estimated total return of the bonds and other obligations held in the portfolio as of the month-end shown, whereas SEC Yield approximates the current income generated by the obligations held in the portfolio over a historical 30-day period after the deduction of fees and expenses. Unlike SEC Yield, Gross YTM takes into account derivatives. Gross YTM and SEC Yield are not a guarantee nor necessarily indicative of future performance or income generation. Net YTM is calculated in the same way as Gross YTM except that Net YTM reflects the deduction of fund-level fees, expenses and, if applicable, hedging costs. Net YTM is not a guarantee nor necessarily indicative of future performance or income generation. Certain other funds may calculate YTM differently (e.g., certain other funds may include only certain types of derivatives in the calculation of YTM, whereas the YTM calculation for this fund includes all types of derivatives), and such differences could significantly impact the calculation of YTM, and therefore decrease comparability between YTM for this fund and YTM for other funds. 4. The number of shares or contracts traded in a security or an entire market during a given period of time. Each transaction between a buyer and seller contributes to the count of total volume.