New JPMorgan ETF Offers A Different Route To Income Investing
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 01 2025
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Source: Benzinga
JPMorgan's New ETF Launch: JPMorgan Asset Management has launched the JPMorgan Mortgage-Backed Securities ETF (JMTG), expanding its active fixed income offerings following the success of its Active High Yield ETF (JPHY), which had a record $2 billion in initial assets.
Investment Strategy and Focus: JMTG primarily invests in investment-grade residential and commercial mortgage-backed securities, aiming for steady income with a low expense ratio of 0.24%, while targeting diversified exposure across various interest rate environments and credit cycles.
Analyst Views on JPHY
Wall Street analysts forecast JPHY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JPHY is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 50.865
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Current: 50.865
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
