JPHYJPMorgan High Yield Research Enhanced ETF
JPHY Fund Description
JPHY is an actively managed fund that invests in a wide array of USD-denominated high-yield securities including corporate debts, convertible securities, preferred stocks, and floating-rate instruments.
JPHY Factset Analytics Insight
JPHY is actively managed to provide long-only, USD-denominated high-yield exposure. The fund hunts in the high-yield space with few limitations—targeting similar duration to that of its benchmark—but no requirement to maintain the duration or average credit target. It can hold a wide array of high-yield securities such as classic cash-pay high-yield securities, distressed debt, private placements, convertible securities, debt and convertible securities of Real Estate Investment Trusts (REITs), preferred stocks, variable and floating-rate instruments, and zero-coupon, pay-in-kind and deferred-payment securities. The fund manager utilizes proprietary research to construct the portfolio. The fund claims that the manager will overweight or underweight securities to manage issuer, sector, and regional diversification within the portfolio. High-yield securities typically have very shallow liquidity, especially when there is an adverse shock.
JPHY MSCI ESG Analytics Insight
JPMorgan High Yield Research Enhanced ETF has an MSCI ESG Fund Rating of BB based on a score of 4.17 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. JPMorgan High Yield Research Enhanced ETF ranks in the 12nd percentile within its peer group and in the 57th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
JPHY Summary Data
JPHY Portfolio Data
JPHY Index Data
JPHY Portfolio Management
JPHY Tax Exposures
JPHY Fund Structure
JPHY Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of JPHY. JPHY is rated a N/A out of 5.
JPHY Sector/Industry Breakdown
JPHY Top 10 Holdings[View All]
JPHY Top 5 Countries
JPHY Top 5 Currencies