JPMorgan Limited Duration Bond ETF
J.P. Morgan Exchange-Traded Fund Trust · 1 share class
Fund classification
Classified from what the fund holds · as of 2026 Q2
JPMorgan Limited Duration Bond ETF is an actively managed U.S. bond ETF.
- Asset class
- Bonds
- Region
- United States
- Management
- Actively managed
- Fund type
- ETF
- Credit quality
- Investment grade
- Rate sensitivity
- Short duration
Fund profile
As filed in the prospectus · 2026 Q2
The Fund seeks a high level of current income consistent with low volatility of principal.
The fund invests primarily in mortgage-backed securities, asset-backed securities, and related structured instruments issued or guaranteed by U.S. government agencies or non-governmental entities, selecting securities rated investment grade at purchase and managing portfolio duration to three years or less through active management and derivatives. The adviser applies value-oriented security selection based on risk-reward analysis of individual holdings and may allocate up to 25% of assets to sub-prime mortgage securities. Because the fund's performance depends on the adviser's selection of individual securities and market timing decisions, results may diverge from those of mortgage-backed security benchmarks.
| Share class | Gross | Net |
|---|---|---|
| JPLD | 0.30% | 0.24% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 53.00% · as of 2026 Q2
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Securitized | 78.74% |
| Bonds | 19.47% |
| Cash & short-term | 1.46% |
| Derivatives | -0.03% |
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Largest new: United States of America, FHLMC Pool ×2, FNMA ×3, Stream Innovations Issuer Trust, Banco Santander SA
Largest exited: Carvana Auto Receivables Trust, Magnetite XXIII Ltd., New Residential Mortgage Loan Trust, Carmax Select Receivables Trust, Elmwood CLO VIII Ltd., Drive Auto Receivables Trust, SCG Trust, DT Auto Owner Trust
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
May 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-05-31
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Fixed rate | 70.4% |
| Floating rate | 29.4% |
| Zero-coupon or unclassified | 0.3% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 0.4% |
| 1-3y | 16.5% |
| 3-5y | 14.0% |
| 5-10y | 18.8% |
| 10y+ | 50.3% |
These three overlap — one holding can be in arrears and paying in kind at once — so they are shown separately and never summed.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
More of this fund’s sensitivity sits in credit spreads than in interest rates — a rate rally that comes with a credit selloff works against it.
Where the loss would come from. The two shocks are the same size, so this is the balance of the fund's two sensitivities rather than a bet on one moving more.
| Credit spreads | 52% |
| Interest rates | 48% |
Filers report the impact of a 0.01% move only, so the total is our own scaling of that one number and overstates the loss on most bonds — read it as approximate, never as precise. The two sensitivities overlap rather than add up: they measure the same positions against different shocks, which is why the durations above are shown side by side and never summed.
Share of the fund's spread duration carried by each credit tier.
| Investment grade | +2.23 yr |
| High yield | +0.01 yr |
Share of duration at each point, shortest first. A positive figure loses value when spreads widen; a negative one offsets — a credit hedge.
| 1 yr | 1.33 yr | 64% |
| 5 yr | 0.69 yr | 33% |
| 10 yr | 0.06 yr | 3% |
| 30 yr | 0.01 yr | 1% |
3 mo is NEGATIVE (-0.03 yr) — a deliberate hedge at that point on the curve, so it is not part of the band above.
| 3 mo | 0.01 yr | 1% |
| 1 yr | 0.75 yr | 34% |
| 5 yr | 1.41 yr | 63% |
| 10 yr | 0.06 yr | 3% |
The two bands measure the same positions against different shocks and do not add — a Treasury carries rate duration and no spread duration, a floating-rate credit the reverse. Rate tenors are also summed across every currency the fund discloses.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | -0.03 | +0.01 | +0.00 | $5.5k | $0 |
| 1 yr | +1.33 | +0.75 | +0.01 | $285.9k | $2.5k |
| 5 yr | +0.69 | +1.41 | +0.00 | $539.8k | $1.9k |
| 10 yr | +0.06 | +0.06 | +0.00 | $23.3k | $0 |
| 30 yr | +0.01 | +0.00 | +0.00 | $0 | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | United States of America3.63% · due 2027-08-31 | 2.07% | $79.32M | — |
| — | United States of America3.50% · due 2028-01-31 | 2.02% | $77.19M | — |
| — | United States of America3.75% · due 2027-06-30 | 1.60% | $61.26M | — |
| — | United States of America3.38% · due 2028-02-29 | 1.42% | $54.40M | — |
| — | United States of America3.50% · due 2029-01-15 | 1.42% | $54.21M | — |
| JIMXX | JPMorgan Prime Money Market FundJIMXX | 1.27% | $48.67M | — |
| — | United States of America3.38% · due 2027-11-30 | 1.17% | $44.61M | — |
| — | Connecticut Avenue Securities Trust4.61% floating · due 2044-07-25 | 1.02% | $39.18M | — |
| — | Progress Residential Trust3.85% · due 2042-10-17 | 0.79% | $30.39M | — |
| — | FNMA4.71% floating · due 2054-03-25 | 0.78% | $29.72M | — |
Top 10 positions are 13.56% of net assets, top 25 21.55%, across 273 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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