JPMorgan Global Bond Active ETF JPGB

Medalist Rating as of | See JPMorgan Investment Hub

Morningstar’s Analysis JPGB

Will JPGB outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

JPMorgan Aggregate Bond benefits from an experienced management team, the firm’s wider resources, and a flexible and well-defined investment process.

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Morningstar Manager Research

Summary

Head of global aggregate Myles Bradshaw (since November 2019), international fixed-income CIO Iain Stealey (since November 2009), and executive director Linda Raggi (since August 2013) are the lead managers of the strategy. They are backed by the well-resourced and experienced global aggregate team, which includes four additional portfolio managers. Idea generation and security selection across global rates, investment-grade, high-yield, securitized, emerging markets, and currency benefit from the expertise of sector specialist teams. In light of their extensive contributions to idea generation within their respective areas of focus, three comanagers were added: Séamus Mac Góráin on rates, Andreas Michalitsianos on investment-grade credit (both since July 2020), and Nick Wall on currency (since March 2023). We appreciate the experience and asset-allocation skills of the lead managers as well as the depth of resources available across the different sectors.

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Portfolio Holdings JPGB

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 33.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

JPM USD Liquidity LVNAV X (dist.)

7.24 44.8 Mil

United States Treasury Notes 4.5%

7.07 43.8 Mil
Cash and Equivalents

United States Treasury Notes 4.375%

5.53 34.2 Mil
Government

United States Treasury Notes 4.25%

5.50 34.0 Mil
Government

Germany (Federal Republic Of) 2.6%

5.17 32.0 Mil
Government

Spain (Kingdom of) 3.55%

2.50 15.5 Mil
Government

Aud/Usd 25sep24

2.28 14.1 Mil
Derivative

Japan (Government Of) 0.5%

1.69 10.5 Mil
Government

Quebec (Province Of) 3.6%

1.57 9.7 Mil
Government

Fnma Pass-Thru I 3%

1.54 9.5 Mil
Securitized

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