JPMorgan Active Bond ETF(NYSE:JBND)

JBND aims for high returns through a portfolio composed mainly of intermediate to long-term, investment grade bonds, with a target to outperform a broad US aggregate bond index. Key investments include corporate, Treasury and government bonds, with options for diversification through private placement, mortgage-related, and foreign securities, as well as derivatives. All securities the fund holds are U.S. dollar-denominated. The fund adviser also factors in ESG aspects during the investment decision-making process. Additionally, in periods of market downturn, JBND can shift to cash assets for stability. The funds goal is to maintain an average weighted portfolio maturity between 4 and 12 years, balancing risk and yield considerations. Being actively managed, the portfolio manager may make buy, sell and hold decisions at their discretion.