Key stats
About JPMorgan USD Emerging Markets Sovereign Bond ETF
Home page
Inception date
Jan 29, 2018
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
JPMB tracks a proprietary index comprised of US dollar-denominated sovereign and quasi-sovereign emerging-market debt securities. Issuing debt in USD removes the direct risk of local currency fluctuations but raises credit risk, as a stronger dollar could hinder repayment. Index construction begins by filtering the eligible universe for liquidity and country risk, and then allocating risk based on credit rating. JPMB is not subject to duration or maturity limits, and may hold junk bonds in any amount. The fund goes head-to-head with iShares EMBone of the first ETFs for this space, and among the most popular.
Classification
What's in the fund
Exposure type
Government
Corporate
Stocks0.14%
Finance0.14%
Bonds, Cash & Other99.86%
Government84.08%
Corporate15.04%
Cash0.74%
Displays a symbol's price movements over previous years to identify recurring trends.