JPIE: Outperforming Active Bond Fund
The JPMorgan Income ETF is a low-cost, unconstrained bond fund that aims to deliver current income and capital gains.With bond yields the highest in years, bond investing is starting to look interesting for many investors.JPIE has impressively been able to outperform its benchmark and a similar fund from PIMCO in both 2022’s bear market and so far in 2023.
