JPMorgan BetaBuilders U.S. Aggregate Bond ETF company info

What does JPMorgan BetaBuilders U.S. Aggregate Bond ETF do?
JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSE:BBAG) is an exchange-traded fund focused on tracking the investment results that generally correspond to the performance of the Bloomberg U.S. Aggregate Bond Index. This involves investing a majority of its assets in securities included in the index, which encompasses a wide range of U.S. investment-grade bonds. The ETF seeks to provide broad exposure to U.S. investment-grade bonds, aiming to offer investors efficient access to the U.S. bond market. It targets achieving a balance between yield and risk, thereby appealing to those investors looking for stable income and diversification within their investment portfolio. JPMorgan BetaBuilders U.S. Aggregate Bond ETF utilizes a passive management investment approach, aiming to minimize expenses and tracking error relative to its benchmark index.
JPMorgan BetaBuilders U.S. Aggregate Bond ETF company media
Company Snapshot

Is JPMorgan BetaBuilders U.S. Aggregate Bond ETF a public or private company?

key
Ownership
Public

How many people does JPMorgan BetaBuilders U.S. Aggregate Bond ETF employ?

people
Employees
5,312

What sector is JPMorgan BetaBuilders U.S. Aggregate Bond ETF in?

pie chart
Sector
ETF

Where is the head office for JPMorgan BetaBuilders U.S. Aggregate Bond ETF?

location pin
Head Office
New York, United States

What year was JPMorgan BetaBuilders U.S. Aggregate Bond ETF founded?

founded flag
Year Founded
2018
What does JPMorgan BetaBuilders U.S. Aggregate Bond ETF specialise in?
/Bond Investment /ETF Provision /Asset Management /Tracking Performance /Risk Management /Portfolio Diversification

What are the products and/or services of JPMorgan BetaBuilders U.S. Aggregate Bond ETF?

Overview of JPMorgan BetaBuilders U.S. Aggregate Bond ETF offerings
Broad Exposure to U.S. Investment-Grade Bonds: BAGG primarily invests in a diversified basket of investment-grade bonds issued by U.S. government entities and corporations. This allows investors to gain exposure to a significant portion of the U.S. bond market.
Market-Weighted Allocation: The ETF weights its holdings based on their market capitalization within the investable universe, meaning larger and more established issuers have a greater influence on the fund's performance.
Passive Management: BAGG tracks a broad market index of U.S. investment-grade bonds. It doesn't attempt to actively select or outperform individual bonds, typically resulting in lower fees compared to actively managed bond funds.
Interest Rate Risk: As with most bond investments, BAGG is exposed to interest rate risk. When interest rates rise, existing bonds with lower fixed interest rates can become less attractive, potentially decreasing the fund's value.
Credit Risk: While BAGG focuses on investment-grade bonds, there is still a possibility of default, even though it's relatively low. Defaults can cause the fund's value to fluctuate.
Exchange-Traded: Shares of BAGG are traded on a stock exchange like any other stock, allowing for easy buying and selling throughout the trading day. This provides flexibility for investors managing their fixed-income portfolios.