JPIE - JPIE: A Promising Active Bond Fund

2024-04-16 21:30:00 ET

Summary

• JPMorgan Income ETF is a dynamic debt fund that aims to generate income and provide capital appreciation.
• JPIE has a flexible approach and can invest in a wide range of debt securities, allowing it to adapt to market conditions.
• The fund has a well-diversified portfolio with a low duration, but it carries credit risk and is sensitive to changes in interest rates.

I don't care what anyone says - bonds are far more attractive now than they have been in many many years. Investors wanted yield when there was none, and now don't want yield when there is definitely more than some. Now to be clear - I'm bearish on credit spreads given how narrow they are, but do think there's potential for active bond strategies to do well on a go-forward basis. If I'm right, funds like the JPMorgan Income ETF ( JPIE ) stand to benefit....

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