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Beacon

JCPBJPMorgan Core Plus Bond ETF

Get income7y track recordRanked #201 of 1,622 in this goal

Seeks a high level of current income by investing primarily in a diversified portfolio of debt securities.

By JPMorgan · Launched 2019

Annual Cost

0.38%

#1,874 of 5,562 · low cost

Fund Size

$12.4B

#225 of 5,562 · large

Dividend YieldGoal

4.93%

Track Record

7 years

#1,864 of 5,562 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,569+5.7%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 17.1% of fund✓ well diversified

JPMorgan U.S. Government Money Market Fund
6.7%
United States of America
3.2%
United States of America
2.2%
United States of America
1.0%
United States of America
0.9%
FNMA/FHLMC
0.6%
United States of America
0.6%
United States of America
0.6%
United States of America
0.6%
FNMA/FHLMC
0.6%

Asset allocation

Bonds
89.0%
Cash
10.5%
Preferred
0.3%
Convertible
0.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
3.7%Low

Year-on-year price swings

Max drawdown
-16.7%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
0.33Below average
Sortino (3Y)
0.47Moderate downside risk

Bond profile

Duration

4.8 years

Avg maturity

9.5 years

Credit ratings

US Government
13.8%
AAA
44.8%
AA
6.2%
A
12.3%
BBB
14.0%
BB
10.0%
B
2.1%
Below B
0.1%
Other
10.5%

Where to buy

Listing

Exchange
NYSE Arca, Cboe BZX

Full fund details

Objective
Seeks a high level of current income by investing primarily in a diversified portfolio of debt securities.
Strategy
Invests primarily in corporate bonds, U.S. treasury obligations, and other government securities, including asset-backed and mortgage-related securities. The Fund may invest in below investment grade securities and will ordinarily invest at least 80% of its assets in bonds. The average weighted maturity will range between five and twenty years.
Inception date
January 28, 2019
Fund family
JPMorgan

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Closet indexing
Warning

Closet indexer — active fees, passive behavior

This fund charges active-management fees but closely tracks its benchmark index. You may be paying a premium for active management that does not meaningfully exist — a combination of high R² versus the benchmark, low tracking error, and a TER sitting well above the passive peer-group median.

R²
96.3%
TE
1.1%
Beta
0.94
Fee
5× 0.07%

Source: Cremers & Petajisto (2009) · Amihud & Goyenko (2013) · ESMA (2016)

Why we flagged this: strategy=active_selection + high_r_squared+low_tracking_error+near_market_beta+fee_premium

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-06-19