JCPIJPMorgan Inflation Managed Bond ETF
JCPI Fund Description
JCPI aims to protect total return by holding a broad portfolio of US investment-grade bonds that is equivalent to those of inflation-protected securities. The actively managed fund makes use of swaps to hedge inflation risk.
JCPI Factset Analytics Insight
JCPI aims to maximize total return by providing exposure to USD-denominated investment-grade bonds. The words “Inflation Managed” in the fund’s name refers to its strategy of creating a portfolio equivalent to those of inflation-protected securities and does not necessarily reflect the type of securities it invests in. The fund uses swaps to hedge inflation risk based on the CPI-U Index that measures price changes of a basket of goods and services purchased by urban consumers. The fund may invest in various corporate and government bonds, as well as actual Treasury Inflation Protected Securities, that are perceived to perform well over market cycles. The fund may invest up to 10% in junk bonds. As the fund uses derivatives, it could open investors to potential counterparty risk. On Apr. 8, 2022, JCPI converted from a mutual fund called JPMorgan Inflation Managed Bond Fund to an actively managed ETF structure, starting with $1.1 billion in net assets.
JCPI Summary Data
JCPI Portfolio Data
JCPI Index Data
JCPI Portfolio Management
JCPI Tax Exposures
JCPI Fund Structure
JCPI Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of JCPI. JCPI is rated a N/A out of 5.
JCPI Sector/Industry Breakdown
JCPI Top 10 Holdings[View All]
JCPI Performance Statistics
JCPI Holdings Statistics
JCPI Avg Life Maturity Distribution
JCPI OAS Breakdown
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.