JPIE Stock, JPMorgan Income ETF Information

The Fund seeks to provide income with a secondary objective of capital appreciation. The Fund seeks to achieve its objective by investing opportunistically among multiple debt markets and sectors that the Funds adviser, J.P. Morgan Investment Management Inc. (JPMIM or the adviser) believes have high potential to produce income and have low correlations to each other in order to manage risk. The Fund is flexible and not managed to a benchmark. This allows the Fund to shift its allocations based on changing market conditions, which may result in investing in a single or multiple markets and sectors. The adviser seeks to manage distributions throughout the year to help reduce fluctuations in monthly dividends. Income in the Funds name refers to the Funds strategy of seeking to provide income by investing opportunistically across different markets and sectors.