JPIE:what it yields, how rates move it and what it holds
JPMorgan Income ETF. Portfolio as of August 31, 2026, from the fund's SEC filing (Form N-PORT).
Broad bond market. A mix of Treasury, corporate and mortgage bonds, usually following the index of the whole US bond market.
Yield to maturity (YTM)
not computed
53% of the fund is in mortgage-backed bonds. Their yield depends on when homeowners repay early, which public data does not show. Rather than a wrong number, we show none.
- If rates rise 1 pointestimated from its duration, 2.6 years
- -2.6%
- Investment gradeof the credit risk, BBB or better
- 65%
- Size2,717 positions
- $10.7B
In a few words
JPIE holds 2,717 positions. 49% of the portfolio is corporate bonds. We show no yield to maturity, because much of it is in bonds whose yield public data cannot give correctly. Its duration is 2.6 years: if rates rise by 1 percentage point, its price falls about 2.6%. In 2022, when rates rose sharply, its total return was -6.5%.
Every ETF in Broad bond marketIf rates change
A rough estimate, if rates moved at once and equally at every maturity.
Price, at once
-2.6%
Ready-made moves
| Change in rates | At once |
|---|---|
| +2.6% | |
| +1.3% | |
| 0.0% | |
| -1.3% | |
| -2.6% | |
| -5.1% |
Past returns
The ETF's total return, price change plus distributions, as the fund reports it to the SEC.
Last 12 months
+4.1%
3 years, average per year
+6.8%
Worst 12 months
-8.9%
Largest fall from a peak
-9.4%
100 at the start 118.2 at the end, distributions reinvested
What it holds
Portfolio as of August 31, 2026: who issued the bonds, when they mature and the largest issuers.
Who issued the bonds
Largest issuers
The 10 largest are 51.6% of the fund.
When they mature
Details
- Positions
- 2,717
- Average coupon
- 6.60%
- Floating rate
- 30.8%
- In other currencies
- 0.0%
- Mortgage-backed
- 53.0%
- In default
- 0.04%
- Hard to value
- 6.03%
- Cash and cash funds
- 2.5%
Maturities as stated on the bonds. Mortgage bonds, many corporate bonds and city bonds can be repaid early, so in practice they mature sooner.
Similar bond ETFs
Same kind as JPIE, nearest in rate sensitivity.
- BSVVanguard Short-Term Bond ETFIf rates +1%-2.5%
- IUSBiShares Core Universal USD Bond ETFIf rates +1%-5.5%
- VCRBVanguard Core Bond ETFIf rates +1%-5.6%
- FBNDFidelity Total Bond ETFIf rates +1%-5.6%
- BNDVanguard Total Bond Market ETFIf rates +1%-5.7%
- AGGiShares Core U.S. Aggregate Bond ETFIf rates +1%-5.8%
| ETF | Yield (YTM) | If rates +1% | 2022 | Size |
|---|---|---|---|---|
| BSVVanguard Short-Term Bond ETF | 4.31% | -2.5% | -5.5% | $69.8B |
| IUSBiShares Core Universal USD Bond ETF | not computed | -5.5% | -13.0% | $43.0B |
| VCRBVanguard Core Bond ETF | not computed | -5.6% | – | $7.3B |
| FBNDFidelity Total Bond ETF | not computed | -5.6% | -12.7% | $28.2B |
| BNDVanguard Total Bond Market ETF | not computed | -5.7% | -13.2% | $397B |
| AGGiShares Core U.S. Aggregate Bond ETF | not computed | -5.8% | -13.1% | $138B |
The full analysis
And what about stocks?
Bonds are only one side of investing. With Ploutos AI you can analyse a company through its official SEC filings, look into its financials and understand what lies behind the numbers. Every finding comes with a reference to its source, so you can check the data behind the analysis.
- A fair value range built from the filings
- Earnings quality, debt and red flags
- Insider and institutional moves
- The case for and the case against
How much would JPIE fall if rates rose?
With a duration of 2.6 years, an immediate one-point rise in rates would take about 2.6% off its price. An equal fall would add about the same.
What is JPIE's yield?
For this fund we show no yield to maturity, because much of it is in bonds whose yield public data cannot give correctly.
How did JPIE do in 2022?
In 2022 JPIE returned -6.5% in total, as the fund reports it.
Related pages
This page describes what bond ETFs hold, based on their SEC filings. Bond prices change every day and past returns do not say what comes next.