JPMorgan Ultra is selling for under 50.59 as of the 30th of November 2024; that is 0.06 percent increase since the beginning of the trading day. The etf's last reported lowest price was 50.57. JPMorgan Ultra has less than a 9 % chance of experiencing financial distress in the next few years and had a very strong performance during the last 90 days. Equity ratings for JPMorgan Ultra Short Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80 percent of its assets in investment grade, U.S. dollar denominated short-term fixed, variable and floating rate debt. JPM Ultra-Short is traded on NYSEARCA Exchange in the United States.. The company has 9.53 M outstanding shares. More on JPMorgan Ultra Short Income
James McNerny, David Martucci, Cecilia Junker, Kyongsoo Noh
Transfer Agent
JPMorgan Chase Bank, N.A.
Fiscal Year End
28-Feb
Exchange
NYSE Arca, Inc.
Number of Constituents
1,319
Market Maker
Virtu Financial
Total Expense
0.18
Management Fee
0.18
Country Name
USA
Returns Y T D
5.13
Name
JPMorgan Ultra-Short Income ETF
Currency Code
USD
Open Figi
BBG00GP26N50
In Threey Volatility
0.9
1y Volatility
0.58
200 Day M A
50.4469
50 Day M A
50.543
Code
JPST
Updated At
29th of November 2024
Currency Name
US Dollar
In Threey Sharp Ratio
(0.66)
JPMorgan Ultra Short Income [JPST] is traded in USA and was established 2017-05-17. The fund is listed under Ultrashort Bond category and is part of JPMorgan family. The entity is thematically classified as Broad Debt ETFs. JPMorgan Ultra Short currently have 22.12 B in assets under management (AUM). , while the total return for the last 3 years was 3.7%.
Check JPMorgan Ultra Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on JPMorgan Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding JPMorgan Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as JPMorgan Ultra Short Income Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in JPMorgan Ultra. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
When determining whether JPMorgan Ultra Short is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if JPMorgan Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Jpmorgan Ultra Short Income Etf. Highlighted below are key reports to facilitate an investment decision about Jpmorgan Ultra Short Income Etf:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in JPMorgan Ultra Short Income. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in state.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
The market value of JPMorgan Ultra Short is measured differently than its book value, which is the value of JPMorgan that is recorded on the company's balance sheet. Investors also form their own opinion of JPMorgan Ultra's value that differs from its market value or its book value, called intrinsic value, which is JPMorgan Ultra's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because JPMorgan Ultra's market value can be influenced by many factors that don't directly affect JPMorgan Ultra's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between JPMorgan Ultra's value and its price as these two are different measures arrived at by different means. Investors typically determine if JPMorgan Ultra is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, JPMorgan Ultra's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.