- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 383 Madison Avenue New York NY United States of America 10179
- IPO Date
- Apr 13, 2017
- Business
- JPMorgan International Bond Opportunities ETF (JPIB) is an actively managed exchange-traded fund that seeks total return through a diversified portfolio of international bonds and currencies across developed and emerging markets outside the United States, without benchmark constraints. The fund invests primarily in a broad range of fixed-income sectors including corporate investment grade and high yield bonds, emerging market debt, government securities, asset-backed securities, and mortgage-backed securities; it employs dynamic sector and duration adjustments based on insights from over 200 sector specialists while actively managing risk and targeting USD-hedged exposure. Key portfolio characteristics include an average duration of approximately 4.73 years, over 900 holdings, and allocations led by corporate bonds (57.3%), emerging market debt (21.1%), and government securities (14.3%), with primary country exposures in the United Kingdom, Canada, France, and emerging markets such as Mexico, Brazil, and Indonesia.
Launched on April 5, 2017, by J.P. Morgan Exchange-Traded Fund Trust and managed by J.P. Morgan Investment Management Inc. from its headquarters in New York, the ETF previously operated as the JPMorgan Global Bond Opportunities ETF until its name change and strategic shift on September 14, 2020, to emphasize 80% ex-US exposure excluding U.S. loans and convertible bonds. The fund distributes dividends monthly and maintains net assets of approximately $1.35-$1.44 billion, with a gross expense ratio of 0.50%.
Recent developments include the addition of Andreas Michalitsianos to the portfolio management team effective April 1, 2025, alongside longstanding managers Robert Michele (44 years experience), Iain Stealey (23 years), Lisa Coleman (42 years), and Peter Aspbury (29 years). In 2025, the fund has seen heightened institutional interest, with hedge funds and advisors such as BlackDiamond Wealth Management, Atria Wealth Solutions, and National Bank of Canada establishing or expanding positions totaling millions in new investments during the first and second quarters. As of late 2025, JPIB holds a Morningstar Silver Medalist Rating (as of April 30, 2025) and maintains strong risk-adjusted performance in the Global Bond-USD Hedged category.