JPMorgan Active High Yield ETF

JPHY

Market cap $2.16B

Jpmorgan Active High Yield ETF (JPHY) delivers a 6% yield via a portfolio concentrated in U.S. junk bonds, with 90% below investment grade. JPHY's 6-month track record shows total return slightly trailing the benchmark (SCYB) by 24 bps, but outperforming in price return. With $2B+ AUM at inception and solid trading volume, JPHY exhibits strong market interest despite its short history.

Many advisors and investors are contemplating or actively adjusting their portfolios for the new year. That's why the insights gathered from attendees at last week's VettaFi 2026 Market Outlook Symposium were so compelling.

JPMorgan Active High Yield ETF offers actively managed exposure to US high-yield bonds, aiming for income and capital appreciation through fundamental credit analysis. JPHY's portfolio is diversified across 450+ securities, focusing on BB, B, and CCC-rated bonds, with risk managed via sector, quality, and issuer adjustments. Current macro indicators show a stable liquidity environment and neutral valuations in BB/B tranches, with selective opportunities in CCC, supporting a cautious approach.

JMTG, JPHY and VBIL lead a record wave of 2025 ETF launches as investor demand drives assets and innovation to new highs.

June brought with it a flurry of ETF launches, doubling May's muted numbers. While many funds expanded on existing trends such as the growth of active management or single-stock exposures, three ETF strategies stand out, bringing something interesting to the table for investors.

Demand for fixed-income exchange-traded funds has surged in the past week, as U.S. government debt reversed outflows.

A new opportunity exists for investors looking to diversify their fixed income portfolios. JPMorgan Asset Management recently launched its newest mutual fund conversion, the JPMorgan Mortgage-Backed Securities ETF (JMTG), on the NYSE Arca.

J.P. Morgan Asset Management launched the latest salvo of the 2025 bond ETF boom on Thursday, rolling out the JPMorgan Active High Yield ETF JPHY with a jaw-dropping $2 billion in assets.

JPMorgan Active High Yield ETF (JPHY) launched with a $2B institutional anchor, reflecting strong confidence in JPM's active management capabilities. JPHY aims for high income and capital appreciation via active security selection, leveraging JPM's research and allowing up to 20% in investment grade or other assets. Active management is favored in today's market, but current tight high yield spreads make this a less attractive entry point for retail investors.

Finite opportunities in private credit are creating public, high-yield debt opportunities, J.P. Morgan Asset Management CEO George Gatch said, according to a Wednesday (June 25) Bloomberg report.